Press release
Global Chronic Hepatitis B Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Chronic Hepatitis B Market
What Is the Chronic Hepatitis B Market Size and Projected Growth Rate?
The chronic hepatitis B market size has grown steadily in recent years. It will rise from $3.77 billion in 2024 to $3.94 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%. Growth is driven by advances in antiviral therapy, government and NGO initiatives, improved diagnostic techniques, the rising prevalence of HIV, and increasing awareness.
The chronic hepatitis B market is expected to grow to $4.65 billion by 2029 at a CAGR of 4.2%. This is driven by the expansion in emerging markets, government policies, improved diagnostics, increased healthcare spending, strategic partnerships, and a rising aging population. Major trends include a shift toward curative therapies, expanding emerging markets, enhanced diagnostics, partnerships, and patient-centered care.
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What Are the Major Segments in the Chronic Hepatitis B Market?
The chronic hepatitis B market covered in this report is segmented -
1) By Drug Class: Antivirals, Immune Modulators
2) By Gender: Male, Female
3) By Distribution Channel: Hospital Pharmacies, Drug Stores And Retail Pharmacies, Online Providers
Subsegments:
1) By Antivirals: Nucleos(T)Ide Analogs (Tenofovir, Entecavir), Interferons (Pegylated Interferon)
2) By Immune Modulators: Immune Checkpoint Inhibitors, Therapeutic Vaccines (HBV Vaccines Under Development)
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What Are The Driving Chronic Hepatitis B Market Evolution?
The high prevalence of chronic hepatitis B infection is expected to propel the growth of the chronic hepatitis B virus market. Hepatitis B is a liver infection caused by the HBV, with rising infection rates, especially in low-income countries due to poor vaccination coverage. This increases the demand for diagnostics and treatment options. In 2022, there were 1.2 million new cases of hepatitis B, and the Centers for Disease Control and Prevention (CDC) reported that increasing vaccination rates could prevent millions of new infections and deaths. Therefore, the high prevalence of hepatitis B will drive the chronic hepatitis B virus market.
Which Firms Dominate The Chronic Hepatitis B Market Segments?
Major companies operating in the chronic hepatitis b market are Pfizer Inc., F Hoffmann-La Roche Ltd, Merck & Co Inc, Bristol-Myers Squibb Company, Novartis AG, GlaxoSmithKline plc, Dynavax Technologies Corporation, Gilead Sciences Inc, Viatris Inc., Teva Pharmaceutical Industries Limited, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Dr. Reddy's Laboratories Ltd., Apotex Corp, Cipla Ltd, Hikma Pharmaceuticals, Lupin Pharmaceuticals Inc, Vir Biotechnology Inc, VBI Vaccines Inc, Shenzhen Hepalink Pharmaceutical Co. Ltd., Accord Healthcare Inc, Par Pharmaceutical Inc, Arrowhead Pharmaceuticals Inc, ViiV Healthcare, Arbutus Biopharma Corporation, Ascentage Pharma, ENYO Pharma, Zydus Pharmaceuticals Inc, Nucorion Pharmaceuticals
What Chronic Hepatitis B Market Trends Are Gaining Traction Across Different Segments?
Companies in the chronic hepatitis B market are focusing on novel antiviral therapies. For example, in February 2024, GSK plc, a UK-based pharmaceutical company, received FDA Fast Track designation for bepirovirsen, an investigational antisense oligonucleotide designed to treat chronic hepatitis B (CHB). This drug has shown promising results in Phase IIb trials, with efficacy in reducing viral load and achieving sustained viral suppression.
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Which Is The Largest Region In The Chronic Hepatitis B Market?
North America was the largest region in the chronic hepatitis B market in 2023. The regions covered in the chronic hepatitis b market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Chronic Hepatitis B Market?
2. What is the CAGR expected in the Chronic Hepatitis B Market?
3. What Are the Key Innovations Transforming the Chronic Hepatitis B Industry?
4. Which Region Is Leading the Chronic Hepatitis B Market?
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