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Hepatitis B Treatment Market Trends, Growth & Key Players 2024-2031 | Apotex Corp., Arbutus Biopharma, Arrowhead Pharma.
Hepatitis B Treatment Market
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What is the projected growth of the Global Hepatitis B Treatment market?
Global Hepatitis B Treatment Market reached USD 4.4 billion in 2022 and is expected to reach USD 5.9 billion by 2030 growing with a CAGR of 3.8% during the forecast period 2024-2031.
What is Hepatitis B Treatment Market?
The Hepatitis B Treatment Market focuses on antiviral drugs, immune modulators, and therapeutic vaccines aimed at managing chronic and acute hepatitis B infections. Driven by rising prevalence, increasing awareness, and advancements in biotechnology, the market is expanding. Innovations in combination therapies, long-acting treatments, and research on a functional cure further shape the evolving treatment landscape.
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Who are the major players in the Hepatitis B Treatment market?
The prominent players in Hepatitis B Treatment market research report are:
Bristol-Myers Squibb, Gilead Sciences, Inc., GlaxoSmithKline, Accord Healthcare Inc., Apotex Corp., Arbutus Biopharma, Arrowhead Pharma, Aurobindo Pharma Limited, Lupin Pharmaceuticals Inc., and Merck & Co. Inc., among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
On November 2, 2022, Gilead Sciences, Inc. announced that the U.S. FDA approved a supplemental new drug application (sNDA) for Vemlidy (tenofovir alafenamide) 25 mg tablets. This approval expands its use as a once-daily treatment for chronic hepatitis B virus (HBV) infection in pediatric patients aged 12 and older with compensated liver disease, offering a new treatment option for younger patients.
On November 1, 2022, Arcturus Therapeutics Holdings Inc., a leader in messenger RNA medicine development, announced a strategic partnership with CSL Seqirus, a global vaccine leader. This collaboration focuses on the research, development, manufacturing, and worldwide distribution of vaccines. CSL Seqirus, a division of CSL Limited, operates one of the largest influenza vaccine franchises globally, strengthening its position in vaccine innovation.
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Market Segments
By Type: Acute, Chronic.
By Treatment: Immune modulator Drugs, Antiviral Drugs, Vaccines, Surgery.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
The Hepatitis B Treatment industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Hepatitis B Treatment Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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