Hepatitis B Market Size to Reach US$ 4.9 Billion by 2034 | CAGR of 3.83%

Market Overview:

The hepatitis B market reached a value of US$ 3.3 Billion in 2023 and expected to reach US$ 4.9 Billion by 2034, exhibiting a growth rate (CAGR) of 3.83% during 2024-2034.

The report offers a comprehensive analysis of the hepatitis B market in the United States, EU5 (including Germany, Spain, Italy, France, and the United Kingdom), and Japan. It covers aspects such as treatment methods, drugs available in the market, drugs in development, the proportion of various therapies, and the market's performance in the seven major regions. Additionally, the report evaluates the performance of leading companies and their pharmaceutical products. Current and projected patient numbers across these key markets are also detailed in the report. This study is essential for manufacturers, investors, business planners, researchers, consultants, and anyone interested or involved in the hepatitis B market.

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Hepatitis B Market Trends:

Hepatitis B, a severe liver infection, results from the Hepatitis B virus (HBV). This disease can manifest in acute or chronic forms, the latter of which is particularly dangerous and potentially fatal. Acute infection symptoms encompass a broad spectrum from mild to severe, including symptoms like fever, fatigue, muscle and joint pain, nausea, vomiting, and abdominal discomfort, among others. As the illness advances, jaundice, pale stools, and dark urine may become apparent. On the other hand, the early stages of chronic hepatitis B often present no symptoms but can eventually cause cirrhosis, liver damage, and even liver cancer or failure. The diagnosis usually includes a blood test to detect HBV antigens and antibodies and liver function tests to gauge liver enzymes and protein levels. Should the tests imply active HBV infection, additional procedures like a viral load test or liver biopsy may be necessary to ascertain the virus's volume and evaluate liver damage.

An increase in hepatitis B infections, transmitted via contact with infected blood, is significantly fueling the hepatitis B market's growth. Furthermore, the widespread use of antiviral drugs like entecavir, tenofovir, and lamivudine, which hinder virus replication and prevent liver damage, is enhancing the market's prospects. The burgeoning interest in interferon therapy, particularly among chronic hepatitis B patients unresponsive to other treatments, also contributes to market expansion. The advent of novel hepatitis B treatment approaches, including gene therapy and RNA interference (RNAi), offering potentially more efficient and long-lasting solutions for chronic hepatitis B patients, is accelerating the market's growth. Lastly, the growing demand for immune modulators like pegylated interferon and thymosin alpha-1, which strengthen the immune response and increase antiviral drugs' efficacy, is anticipated to further boost the hepatitis B market in the foreseeable future.

Countries Covered:

• United States
• Germany
• France
• United Kingdom
• Italy
• Spain
• Japan

Analysis Covered Across Each Country:

• Historical, current, and future epidemiology scenario
• Historical, current, and future performance of the hepatitis B market
• Historical, current, and future performance of various therapeutic categories in the market
• Sales of various drugs across the hepatitis B market
• Reimbursement scenario in the market
• In-market and pipeline drugs

This report also provides a detailed analysis of the current hepatitis B marketed drugs and late-stage pipeline drugs.

In-Market Drugs:

• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance

Late-Stage Pipeline Drugs:

• Drug overview
• Mechanism of action
• Regulatory status
• Clinical trial results
• Drug uptake and market performance

Competitive Landscape With Key Players :

The competitive landscape of the hepatitis B market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the Key Players :

Dynavax Technologies
VBI Vaccines
Bristol-Myers Squibb
Gilead Sciences

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This release was published on openPR.