Press release
Key Influencer in the Hepatitis B Virus (HBV) Market 2025: Rising Hepatitis B Infection Rates Fuel Growth Prospects For Hepatitis B Virus Market Driver
Hepatitis B Virus HBV Market Size
The escalated incidence rates of hepatitis B infection are anticipated to contribute significantly to the future expansion of the hepatitis B virus market. Hepatitis B is a liver-related infection that is triggered by the hepatitis B virus (HBV), and can be avoided through vaccination. The surge in hepatitis B infection rates could lead to growing demands for diagnostic procedures and potential treatment modalities. For instance, the World Health Organization, based in Switzerland, reported in April 2024 that there were 254 million people diagnosed with chronic hepatitis B in 2022, with around 1.2 million fresh cases being reported every year. Consequently, the increased frequency of hepatitis B infections will act as a catalyst in the hepatitis B virus market expansion. Hepatitis B Virus (HBV) Market Driver: Escalating Cases of Liver Damage and Cirrhosis Stimulate Progress in the Hepatitis B Virus Market
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What is the future CAGR of the hepatitis b virus (hbv) market, and how will it impact industry expansion?
The market size for Hepatitis B Virus (HBV) has seen a considerable boost in its growth trajectory in recent years. The industry, valued at $6.71 billion in 2024, is projected to rise to $7.37 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 9.9%. This growth surge experienced during the historic period is a result of an increased prevalence of Hepatitis B Virus (HBV), an upswing in demand for HBV diagnostics, an expansion in HBV vaccine coverage, and elevated awareness about Hepatitis B Virus (HBV).
In the coming years, a significant increase is projected in the market size of the hepatitis B virus (HBV), potentially reaching $10.72 billion in 2029 with a compound annual growth rate (CAGR) of 9.8%. The anticipated surge in this timeframe is linked to the advent of personalized medicine, expanding support from patient advocacy groups, escalated vaccination programs, and growth in healthcare spending. Key trends projected for this period include the creation of new medications, advancements in diagnostic technology, collaborations between public and private entities, and innovative biological treatments.
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What are the most significant trends transforming the hepatitis b virus (hbv) market today?
Key players in the Hepatitis B Virus (HBV) market are concentrating their efforts on creating cutting-edge diagnostics and treatments, including the use of the extremely sensitive Chemiluminescent Microparticle Immunoassay (CMIA), as part of their competitive strategy. For instance, Abbott Laboratories, an American healthcare firm, rolled out the HBsAg Next Qualitative Solution Test in May 2022. This innovative test enables early detection of the HBV in human serum and plasma specimens, thereby promoting better patient outcomes and safeguarding blood supplies. This advanced CMIA technique facilitates enhanced and timely detection of HBV in blood samples and enables mass screening.
Which key market segments comprise the hepatitis b virus (hbv) market and drive its revenue growth?
The hepatitis B virus (HBV) market covered in this report is segmented -
1) By Type: Acute, Chronic
2) By Treatment: Immune Modulator Drugs, Antiviral Drugs, Vaccine, Surgery
3) By Age Group: Pediatrics, Adults, Seniors
4) By End User: Medical Providers, Patients, Healthcare Payers
Subsegments:
1) By Acute HBV: Asymptomatic Acute HBV, Symptomatic Acute HBV, Severe Acute HBV
2) By Chronic HBV: Chronic Hepatitis B (HBeAg Positive), Chronic Hepatitis B (HBeAg Negative), Chronic Hepatitis B With Compensated Liver Disease, Chronic Hepatitis B With Decompensated Liver Disease, Chronic Hepatitis B With Hepatocellular Carcinoma (HCC)
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What regions are at the forefront of hepatitis b virus (hbv) market expansion?
North America was the largest region in the hepatitis B Virus (HBV) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in hepatitis B virus (HBV) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the hepatitis b virus (hbv) market?
Major companies operating in the hepatitis b virus (hbv) market are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmon La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Bristol-Myers Squibb Company, AstraZeneca PLC, Sanofi SA, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Gilead Sciences Inc., Boehringer Ingelheim International GmbH, Mylan N.V., Teva Pharmaceutical Industries Ltd., Vertex Pharmaceuticals Incorporated, Eisai Co. Ltd., Aurobindo Pharma Limited, Apotex Corp., Lupin Pharmaceuticals Inc., Cadila Healthcare Ltd., Celltrion Inc., Dynavax Technologies Corporation, Accord Healthcare Inc., Par Pharmaceutical Inc., Arrowhead Pharmaceuticals Inc., Arbutus Biopharma Corporation, Globeimmune Inc., Antios Therapeutics Inc.
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What Is Covered In The Hepatitis B Virus (HBV) Global Market Report?
•Market Size Forecast: Examine the hepatitis b virus (hbv) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hepatitis b virus (hbv) market for a structured understanding.
•Key Players Overview: Analyze major players in the hepatitis b virus (hbv) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hepatitis b virus (hbv) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hepatitis b virus (hbv) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hepatitis b virus (hbv) market.
•Industry Challenges: Identify potential risks and obstacles affecting the hepatitis b virus (hbv) market.
•Competitive Landscape: Review strategic developments in the hepatitis b virus (hbv) market, including expansions, agreements, and new product launches.
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