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Hepatorenal Syndrome Treatment: A Leading Driver Behind Rising Incidences Of Liver Damage And Cirrhosis Fueling Growth In The Hepatorenal Syndrome Treatment Market Market Expansion in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Hepatorenal Syndrome Treatment Industry Market Size Be by 2025?
The market for treating hepatorenal syndrome has witnessed a consistent growth in the past few years. The market size is projected to increase from $14.49 billion in 2024 to $15.17 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.6%. The expansion in the preceding period can be associated with the escalating growth of the automotive sector, needs from the aerospace sector, benefits around material usage, enhanced mechanical characteristics, strict industry norms, and gains in efficiency and precision.
What's the Long-Term Growth Forecast for the Hepatorenal Syndrome Treatment Market Size Through 2029?
The market size for hepatorenal syndrome treatment is anticipated to exhibit robust growth over the next few years, reaching "$19.57 billion by 2029" with a compound annual growth rate (CAGR) of 6.6%. The growth is chiefly attributed to an upsurge in renewable energy projects, an increased need for high-performance alloys, emphasis on sustainable production, growth in oil and gas discovery, and high demand for high-performance components. Some significant trends for the forecast period include industry 4.0 technology integration, advancements in forging techniques, specific application customization, enhancements in automation of forging procedures, and innovation in heating and cooling technologies.
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What Are the Key Growth Drivers Fueling the Hepatorenal Syndrome Treatment Market Expansion?
The hepatorenal syndrome treatment market is anticipated to experience growth due to a rise in cases of liver damage and cirrhosis. Cirrhosis is a serious liver disease that results in the permanent substitution of healthy liver tissue with scar tissue. The purpose of hepatorenal syndrome treatment is to preserve kidney function in patients while easing the symptoms and detrimental effects of the condition. These measures can enhance overall health and improve eligibility for liver transplant surgery. For example, the British Liver Trust, a charity organization in the UK, published data in July 2023 suggesting a 22% increase in liver disease hospital admissions in England in just one year, with the overall number rising from 67,458 in 2021 to 82,290 in the financial year of 2022. Consequently, this rise in patients suffering from liver damage or cirrhosis is fuelling the expansion of the hepatorenal syndrome treatment market.
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Which Emerging Trends Are Transforming the Hepatorenal Syndrome Treatment Market in 2025?
The growth of research and development efforts aimed at hepatorenal syndrome treatment is an emerging trend within the market for this treatment. Companies within this field are placing increased emphasis on research and development to ensure market dominance. As an example, Mallinckrodt Pharmaceuticals, an Ireland-based firm that develops, manufactures, and distributes specialized products and therapies, gained FDA approval for Terlivaz, an injection to aid the kidney function of adults with hepatorenal syndrome, in September 2022. The Phase 3 CONFIRM trial, which is the most substantial prospective research (n=300) to assess the safety and efficacy of terlipressin in HRS type 1 (HRS-1) patients in the U.S and Canada, played a substantial role in receiving the FDA's approval. The prevalence of Verified HRS Reversal, indicated by bettered renal function, evasion of dialysis requirement, and enhanced short-term survival, highlighted the success of the CONFIRM trial's primary goal (p=0.012).
How Is the Hepatorenal Syndrome Treatment Market Segmented?
The hepatorenal syndrome treatment market covered in this report is segmented -
1) By Type: Type 1 Hepatorenal Syndrome, Type 2 Hepatorenal Syndrome
2) By Treatment: Therapeutics, Surgical Treatment
3) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Type 1 Hepatorenal Syndrome: Intravenous Albumin, Vasopressors, Dialysis, Liver Transplantation
2) By Type 2 Hepatorenal Syndrome: Albumin Infusion, Midodrine, Octreotide, Liver Transplantation
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Which Companies Are Leading the Charge in Hepatorenal Syndrome Treatment Market Innovation?
Major companies operating in the hepatorenal syndrome treatment market include BioVie Inc., Cumberland Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals, Orphan Therapeutics LLC, Baxter International Inc., La Jolla Pharmaceutical Company, Noorik Biopharmaceuticals AG, Novartis AG, Zydus Lifesciences Limited, Ocelot Bio Inc., New Medicon Pharma Lab Private Limited, Arrowhead Pharmaceuticals, Stealth BioTherapeutics Inc., Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Vertex Pharmaceuticals Inc., Johnson & Johnson, Boehringer Ingelheim GmbH, Catalyst Pharmaceuticals Inc., Bayer AG, Gilead Sciences Inc.
Which Regions Are Leading the Global Hepatorenal Syndrome Treatment Market in Revenue?
North America was the largest region in the hepatorenal syndrome treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global hepatorenal syndrome treatment market during the forecast period. The regions covered in the hepatorenal syndrome treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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