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Rising Incidence Of Alcohol-Induced Liver Diseases Is A Catalyst For Growth In The Alcoholic Hepatitis Treatment Market: Powering Innovation and Expansion in the Global Alcoholic Hepatitis Treatment Market by 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Alcoholic Hepatitis Treatment Market Through 2025?
The market for treating alcoholic hepatitis has experienced considerable expansion lately, projected to rise from a valuation of $3.2 billion in 2024 to $3.43 billion by 2025, reflecting a compound annual growth rate of 7.0%; this upsurge during the past period stems from various factors including the widespread issue of alcohol misuse, greater recognition and detection of the condition, supportive measures from governmental bodies concerning alcoholism, escalating spending on healthcare resources, and proactive public health educational efforts.
What's the Projected Size of the Global Alcoholic Hepatitis Treatment Market by 2029?
The valuation for the therapeutic segment addressing alcoholic hepatitis is projected to exhibit robust expansion across the subsequent years, reaching an estimated $4.79 billion by 2029, propelled by a compound annual growth rate of 8.8%. This anticipated escalation throughout the projection timeframe stems from several key drivers, such as the introduction of novel treatments and agents currently under development, the adoption of individualized medical strategies, a deeper comprehension of how the ailment develops, heightened societal attention toward maintaining liver wellness, and governmental measures aimed at mitigating alcohol misuse. Within this same period, dominant patterns influencing the market are anticipated to be the move toward tailored treatment methodologies, shifts in the practice of liver transplants, increased usage of remote care and monitoring systems, joint ventures undertaking research, and the introduction of inventive pharmacological remedies.
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Top Growth Drivers in the Alcoholic Hepatitis Treatment Industry: What's Accelerating the Market?
A rising incidence of liver ailments attributed to alcohol intake is anticipated to be a key factor stimulating the expansion of the market focused on treating alcoholic hepatitis moving ahead. Damaged liver function is the underlying cause of alcoholic liver disease, which impacts vital bodily operations like purifying blood and producing bile necessary for digestion; treatment for alcoholic hepatitis addresses the inflammation of the liver seen in some sufferers of this condition, occasionally necessitating inpatient care for severe cases. For example, statistics released in April 2024 by the UK's Office for Health Improvement and Disparities indicated that in 2022, a total of 10,593 premature fatalities were linked to liver disease, broken down into 6,664 males and 3,929 females, and further showing that for the fiscal year concluding in 2023, England recorded 85,665 hospital entries for liver disease, a rate of 155.2 per 100,000 people, 27,085 of which were specifically due to alcoholic liver disease, translating to a rate of 49.4 per 100,000 population; consequently, the growing frequency of alcohol-induced liver conditions is fueling the progression of the alcoholic hepatitis treatment sector.
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What Trends Will Shape the Alcoholic Hepatitis Treatment Market Through 2029 and Beyond?
A significant prevailing theme within the market for treating alcoholic hepatitis centers on the advancement of product offerings, as firms competing in this space prioritize novel product development to secure and maintain their market standing. Illustratively, in July of 2022, Roche Holding AG, a healthcare entity headquartered in Switzerland, introduced the Elecsys HCV Duo, which represents a novel diagnostic assay for the hepatitis C virus (HCV) capable of simultaneously and separately identifying both antibody and antigen status from a single specimen of human serum or plasma. This particular test holds utility in identifying individuals who are either experiencing convalescence or presenting with signs of persistent infection that could potentially progress to conditions like liver cancer, alongside detecting infections in their nascent stages. By facilitating the simultaneous measurement of both the HCV core antigen, which serves as an indicator of active viral replication due to its early appearance in the infection timeline, and the core antibodies, this dual detection approach enables medical practitioners to diagnose active HCV infection sooner than is achievable through methods relying solely on antibody testing.
What Are the Main Segments in the Alcoholic Hepatitis Treatment Market?
The alcoholic hepatitis treatmentmarket covered in this report is segmented -
1) By Treatment: Drug Treatment; Stem Cell Therapy
2) By Drug Class: Corticosteroids; Hemorheologic Agents; Monoclonal Antibodies; Anabolic Steroids; Other Drug Classes
3) By Route Of Administration: Oral; Injectable
4) By Application: Hospital; Clinic; Private Treatment Center
Subsegments:
1) By Drug Treatment: Corticosteroids; Pentoxifylline; Other Immunosuppressants
2) By Stem Cell Therapy: Autologous Stem Cell Therapy; Allogeneic Stem Cell Therapy
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Which Top Companies are Driving Growth in the Alcoholic Hepatitis Treatment Market?
Major companies operating in the alcoholic hepatitis treatment market include AbbVie Inc., Gilead Sciences Inc., Bristol-Myers Squibb Company, Pfizer Inc., Merck & Co. Inc., Johnson & Johnson, GlaxoSmithKline plc, AstraZeneca plc, F. Hoffmann-La Roche Ltd, Sanofi S.A., Novartis AG, Amgen Inc., Eli Lilly and Company, Takeda Pharmaceutical Company Limited, Bayer AG, Boehringer Ingelheim International GmbH, Mallinckrodt Pharmaceuticals, Intercept Pharmaceuticals Inc., Madrigal Pharmaceuticals, Inc., Conatus Pharmaceuticals Inc., DURECT Corporation, Viking Therapeutics Inc., CymaBay Therapeutics Inc., Genfit SA, BioVie Inc., Akero Therapeutics Inc., Zydus Cadila, Dr. Reddy's Laboratories Ltd.
Which Regions Will Dominate the Alcoholic Hepatitis Treatment Market Through 2029?
North America was the largest region in the alcoholic hepatitis treatment market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the alcoholic hepatitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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