Hepatitis B Treatment Market Overview
Market Research Future (MRFR) announces the publication of its research report – Americas hepatitis B treatment market 2018–2024.
Americas dominates the hepatitis B treatment market owing to the increasing demand for treatment methods for hepatitis B and the presence of a large number of pharmaceutical companies in this region. Hepatitis B is a viral infection which causes inflammation or damage to the liver, it can cause both acute and chronic infection. The person suffering from hepatitis B faces various symptoms such as poor appetite, weakness, jaundice, dark-colored urine, itching on skin, swelling on legs, weight loss, drowsiness and many more.
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The factors responsible for causing this infection are sharing infected needles, syringes or other devices, receiving of blood or organ from infected person and consumption of contaminated food also causes this infection. The person detected with HIV is most likely to get affected with hepatitis B virus. There are various diagnosis and treatment method available for hepatitis B treatment. The increasing innovation in drug development also supports the market growth. For instance, the US Food and Drug Administration has approved six recombinant hepatitis B vaccines Engerix-B, Recombivax HB, Twinrix, Pediarix, Comvax, and Heplisav-B for the treatment of hepatitis B inection. The availability of various treatment method drives the market during the forecasted period.
Segmentation
The global hepatitis B treatment market is segmented on the basis of type, treatment, distribution channel, and region.
Based on type, the market is segmented into acute and chronic. On the basis of treatment, the global hepatitis B treatment market is segmented into immune modulator drugs, antiviral drugs, vaccine, and surgery (liver transplant). The immune modulator drugs are further sub-segmented into pegylated interferon and interferon alpha. The antiviral drugs are sub-segmented into tenofovir disoproxil, entecavir, telbivudine, lamivudine, and others. By distribution channel, the market is segmented into hospital & retail pharmacies and online pharmacies.
Based on region, the market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Regional Analysis:
By region, the global hepatitis B treatment market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA). Americas is anticipated to lead the growth pattern of the global market. Increasing investments in clinical trials for finding effective vaccines or cure is projected to influence the expansion of the regional market positively in the years to come.
Europe is likely to maintain its second spot over the next few years. The factors contributing towards the development of hepatitis B treatment market in the region include rising research & development projects, increasing healthcare expenditure, etc. Also, the increasing awareness being observed in the region is poised to support the growth rate of the market.
Asia Pacific is projected to market a comparatively higher CAGR over the review period. The presence of a developing medical diagnostic sector is likely to encourage the expansion of the hepatitis B treatment market in the region.
Key players
Some of the key players in the global hepatitis B treatment market are AGFA Healthcare, BMI Some of the key players in the global hepatitis B treatment market are Accord Healthcare Inc., Apotex Corp., Arbutus Biopharma, Arrowhead Pharma, Aurobindo Pharma Limited, Bristol-Myers Squibb Company, Gilead Sciences, Inc., GlaxoSmithKline, Lupin Pharmaceuticals, Inc., Merck & Co., Inc., Par Pharmaceutical, Inc., Teva Pharmaceuticals, Zydus Pharmaceuticals, and others.
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