#Hepatitis C Treatment Market Overview
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mitalipingale · 7 months ago
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The Hepatitis C Treatment Market in 2023 is US$ 62.77 billion, and is expected to reach US$ 170.69 billion by 2031 at a CAGR of 13.32%.
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farmacuticals · 12 days ago
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Navigating the Liver Cancer Market: Treatment Options and Market Dynamics
Liver cancer is a critical health condition characterized by malignant growth in the liver cells. The disease typically originates in liver tissues, with hepatocellular carcinoma being the most common type of primary liver cancer. Major risk factors contributing to liver cancer include chronic infection with hepatitis B or C, cirrhosis (scarring of the liver), excessive alcohol consumption, and nonalcoholic fatty liver disease. With liver cancer becoming one of the leading causes of cancer-related deaths globally, there's an urgent need for advancements in diagnostics and treatment. This Liver Cancer overview highlights the significance of early detection and the importance of innovative therapies that could drastically improve survival rates.
The Liver Cancer Market 
 Size was projected to reach USD 1.2 billion in 2023, according to MRFR analysis. By 2032, the knee cartilage repair market is projected to have grown from 1.27 billion USD in 2024 to 2.16 billion USD. The knee cartilage repair market is anticipated to develop at a compound annual growth rate (CAGR) of around 6.84% between 2024 and 2032.
Liver Cancer Share
The Liver Cancer share in the global cancer market has witnessed significant growth in recent years. According to recent data, liver cancer holds a prominent position among prevalent cancers, with rising incidences particularly in Asia and Africa due to high hepatitis infection rates. Market share analysis reveals a robust demand for therapeutic solutions, from surgical interventions to targeted therapy and immunotherapy. Pharmaceutical companies are increasingly focusing on developing new treatments, and the Liver Cancer share in global clinical trials has grown substantially, indicating strong interest from the medical community and investors alike.
Liver Cancer Analysis
Liver Cancer analysis encompasses the examination of epidemiological trends, risk factors, diagnosis advancements, and treatment developments. An in-depth Liver Cancer analysis indicates that the disease burden is expected to rise, driven by aging populations, increasing obesity rates, and lifestyle factors like alcohol use. Additionally, analysis of treatment approaches has shown promising outcomes with advanced therapies such as immunotherapy and molecular targeted drugs, though accessibility remains an issue in low-income regions. Key market players are investing in Liver Cancer analysis to understand the best therapeutic approaches, address treatment gaps, and develop more affordable options.
Liver Cancer Trends
Liver Cancer trends indicate a shift towards precision medicine and the development of less invasive treatment methods. One of the most prominent Liver Cancer trends is the rise in personalized treatment approaches, tailored to an individual’s genetic profile, lifestyle, and tumor characteristics. Non-invasive techniques, such as liquid biopsy, are also gaining traction for early liver cancer detection and monitoring. Additionally, the integration of artificial intelligence (AI) in liver cancer diagnostics and predictive modeling for treatment outcomes highlights how technological advancements are redefining conventional treatment protocols. The Liver Cancer trends show a strong inclination toward enhancing patient outcomes through technology-driven innovations.
Reasons to Buy the Reports
Comprehensive Analysis: Get a detailed Liver Cancer overview, encompassing epidemiology, pathology, and treatment approaches.
Market Insights: Access valuable insights on Liver Cancer share in the global cancer market, including emerging regional markets.
In-Depth Competitive Analysis: Understand the strategies of key players actively investing in liver cancer therapeutics.
Latest Trends: Stay updated with Liver Cancer trends, from technological advancements to evolving therapeutic strategies.
Actionable Data: Benefit from Liver Cancer analysis that offers actionable data, aiding in strategic decision-making.
Recent Developments
Recent developments in the liver cancer field have shown promising strides. For example, the approval of newer drugs and immunotherapies by the FDA has improved patient outcomes. Moreover, AI-driven platforms are being explored to enhance diagnostic accuracy, potentially enabling earlier intervention. Research on combining existing therapies, such as radiotherapy with immunotherapy, has shown potential in increasing efficacy. Clinical trials for gene therapy solutions also mark a significant step forward, indicating that future treatments may soon be more targeted and individualized. These recent developments underscore the evolving landscape of liver cancer treatment, with the potential for substantial improvements in patient prognosis.
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credenceresearchdotblog · 2 months ago
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The antiviral drugs market is projected to grow from USD 65,107 million in 2024 to USD 108,519 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.70%.The global antiviral drugs market is a crucial segment of the pharmaceutical industry, dedicated to the development, production, and distribution of medications that treat viral infections. These drugs are designed to inhibit the replication of viruses, thereby reducing the severity and duration of infections. The market for antiviral drugs has gained significant attention, especially in light of recent global health crises such as the COVID-19 pandemic. This article provides an overview of the antiviral drugs market, highlighting its current trends, growth drivers, challenges, and future prospects.
Browse the full report at https://www.credenceresearch.com/report/antiviral-drugs-market
Market Overview
The antiviral drugs market is characterized by a wide range of products targeting various viral infections, including HIV, hepatitis, herpes, influenza, and coronaviruses. The market has witnessed substantial growth over the past decade, driven by advancements in biotechnology, increasing prevalence of viral infections, and the urgent need for effective treatments.
As of 2024, the global antiviral drugs market is valued at approximately $40 billion and is projected to grow at a compound annual growth rate (CAGR) of around 6% over the next five years. The market's growth is primarily fueled by the rising incidence of chronic viral infections, the aging population, and the ongoing research and development (R&D) efforts in the pharmaceutical industry.
Key Market Drivers
1. Increasing Prevalence of Viral Infections: The rising incidence of viral infections, particularly HIV, hepatitis B and C, and influenza, is one of the primary drivers of the antiviral drugs market. For instance, the World Health Organization (WHO) estimates that approximately 38 million people worldwide are living with HIV, necessitating continuous demand for antiviral therapies.
2. Technological Advancements: The advent of novel drug delivery systems, such as long-acting injectables and nanotechnology-based formulations, has revolutionized the treatment landscape. These advancements have improved drug efficacy, reduced side effects, and enhanced patient compliance, thereby boosting market growth.
3. Government Initiatives and Funding: Governments and international organizations are increasingly investing in the development and distribution of antiviral drugs. Initiatives such as the U.S. President's Emergency Plan for AIDS Relief (PEPFAR) and the Global Fund to Fight AIDS, Tuberculosis, and Malaria have significantly contributed to the accessibility of antiviral medications in low- and middle-income countries.
Challenges and Restraints
Despite the positive growth trajectory, the antiviral drugs market faces several challenges:
1. High Cost of R&D: The development of antiviral drugs is a complex and costly process, often requiring years of research, clinical trials, and regulatory approvals. The high cost of R&D, coupled with the risk of failure, poses a significant challenge to market players.
2. Drug Resistance: The emergence of drug-resistant viral strains is a growing concern in the antiviral drugs market. For example, resistance to antiretroviral drugs used in HIV treatment has been reported, leading to reduced drug efficacy and the need for new therapeutic approaches.
3. Stringent Regulatory Requirements: The approval process for antiviral drugs is highly regulated, with stringent safety and efficacy standards. Navigating these regulatory requirements can be time-consuming and costly, potentially delaying the launch of new drugs.
4. Limited Access in Low-Income Regions: While antiviral drugs have become more accessible in many parts of the world, there are still significant disparities in access, particularly in low-income regions. The high cost of treatment and inadequate healthcare infrastructure continue to hinder the widespread adoption of antiviral therapies in these areas.
Future Outlook
The future of the antiviral drugs market looks promising, with continued advancements in drug development and a growing focus on precision medicine. The integration of artificial intelligence (AI) and machine learning in drug discovery is expected to accelerate the development of new antiviral therapies, offering more targeted and effective treatments.
Moreover, the market is likely to witness increased collaboration between pharmaceutical companies, academic institutions, and government agencies, fostering innovation and expanding the availability of antiviral drugs worldwide. The ongoing efforts to combat emerging viral threats, such as new strains of influenza and coronaviruses, will further drive the demand for antiviral therapies.
Key Player Analysis
Roche
Gilead
GlaxoSmithKline
Bristol-Myers-Squibb
Abbott
AstraZeneca
Cipla
Bayer AG
Johnson & Johnson
Merck & Co
Segments:
Based on Product type:
Hepatitis-C antivirals
HIV antivirals
Herpes antivirals
Hepatitis-B antivirals
Influenza antivirals
Others (Pneumonia, Flu, etc.)
Based on End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Based on the Geography:
North America
US
Canada
Mexico
Europe
Germany
France
UK.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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priyanshisingh · 4 months ago
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Hypodermic Needles Market Overview: Growth Factors and Future Trends (2023-2032)
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The global demand for hypodermic needles was valued at USD 2354.20 million in 2023 and is expected to reach USD 4079.84 million in 2032, growing at a CAGR of 6.30% between 2024 and 2032.
Hypodermic needles are slender, hollow devices used for injecting medications or extracting fluids from the body. They play a crucial role in medical procedures, facilitating the administration of vaccines, drugs, and other therapeutic agents directly into the bloodstream or specific tissues. Made from stainless steel, these needles are designed to be sterile, precise, and minimally invasive. Hypodermic needles come in various sizes and gauges, catering to different medical needs and patient populations. They are widely used in hospitals, clinics, and other healthcare settings, contributing significantly to patient care and treatment outcomes. The increasing prevalence of chronic diseases, the rising number of vaccinations, and advancements in medical technology are driving the demand for hypodermic needles globally. Additionally, safety features such as retractable needles and needle guards are being incorporated to reduce the risk of needlestick injuries and enhance patient and healthcare worker safety.
The hypodermic needles market faces several challenges that impact its growth and development. These challenges include:
Needlestick Injuries: One of the most significant challenges is the risk of needlestick injuries, which can expose healthcare workers to bloodborne pathogens such as HIV, hepatitis B, and hepatitis C. Despite advances in safety technologies, needlestick injuries remain a concern, necessitating continuous innovation in needle design and safety mechanisms.
Regulatory Compliance: The hypodermic needle industry is subject to stringent regulatory standards and compliance requirements. Manufacturers must adhere to rigorous quality control, safety standards, and approval processes set by regulatory bodies such as the FDA (Food and Drug Administration) in the U.S. and the EMA (European Medicines Agency) in Europe. Navigating these regulations can be complex and time-consuming, impacting product development and market entry.
High Manufacturing Costs: Producing hypodermic needles, especially those with advanced safety features, can be expensive. The cost of raw materials, manufacturing processes, and ensuring compliance with regulatory standards adds to the overall production costs. These expenses can affect the profitability of manufacturers and result in higher prices for end-users.
Environmental Concerns: The disposal of hypodermic needles poses environmental challenges. Used needles are classified as medical waste and require proper disposal to prevent environmental contamination and public health risks. Developing sustainable and eco-friendly disposal methods is essential to address these concerns.
Competition from Alternative Drug Delivery Methods: The hypodermic needle market faces competition from alternative drug delivery methods such as transdermal patches, oral medications, and needle-free injectors. These alternatives offer advantages such as ease of use and reduced pain, which can influence patient and healthcare provider preferences.
Supply Chain Disruptions: The global supply chain for medical devices, including hypodermic needles, can be vulnerable to disruptions due to factors such as geopolitical tensions, trade restrictions, and pandemics. Ensuring a reliable supply of raw materials and finished products is crucial for meeting market demand and maintaining healthcare services.
Need for Continuous Innovation: To address safety concerns and meet evolving healthcare needs, continuous innovation in needle design and technology is required. This includes developing needles with advanced safety features, improved ergonomics, and enhanced patient comfort. Keeping pace with technological advancements and investing in research and development is essential for staying competitive.
Market Saturation in Developed Regions: In developed regions such as North America and Europe, the hypodermic needle market is relatively saturated, with established healthcare infrastructures and high adoption rates. This saturation limits growth opportunities, prompting manufacturers to explore emerging markets with untapped potential.
Patient Compliance and Education: Ensuring patient compliance with hypodermic needle usage, especially for chronic disease management, can be challenging. Educating patients about proper injection techniques, safety measures, and the importance of adherence to treatment protocols is crucial for achieving desired health outcomes.
Pricing Pressure and Reimbursement Issues: Pricing pressure from healthcare providers and reimbursement issues from insurance companies can impact the profitability of hypodermic needle manufacturers. Negotiating favorable pricing and reimbursement terms while maintaining quality and safety standards is a complex challenge.
Key Players
Cardinal Health Inc.
McKesson Corporation
B. Braun Melsungen AG
Becton, Dickinson and Company
Terumo Medical Corporation
Retractable Technologies, Inc.
Exelint International Co.
Connecticut Hypodermics Inc.
Hitech Syringes
Nipro Corporation
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The hypodermic needles market varies significantly across different regions, driven by factors such as healthcare infrastructure, regulatory environments, and the prevalence of chronic diseases. Here are some key regional insights:
North America:
Market Size and Growth: North America holds a significant share of the global hypodermic needles market, driven by advanced healthcare infrastructure, high healthcare spending, and the widespread adoption of safety needles.
Regulatory Environment: The region has stringent regulatory standards enforced by agencies such as the FDA, ensuring high-quality and safe products. Compliance with these regulations can be challenging but also ensures market reliability.
Key Drivers: The high prevalence of chronic diseases, extensive vaccination programs, and the presence of major market players contribute to market growth. Additionally, ongoing innovation and the adoption of advanced technologies are key trends.
Challenges: Market saturation and high manufacturing costs are notable challenges. Additionally, the needlestick injury risk remains a concern, necessitating continuous advancements in safety features.
Europe:
Market Size and Growth: Europe is another major market for hypodermic needles, with a well-established healthcare system and significant investment in healthcare services.
Regulatory Environment: The European Medicines Agency (EMA) and other national regulatory bodies impose rigorous standards that ensure product safety and efficacy. The Medical Device Regulation (MDR) in the EU has introduced stricter compliance requirements.
Key Drivers: Increased focus on patient safety, government initiatives for vaccination programs, and the rising prevalence of chronic diseases drive the market. The adoption of safety needles and advanced technologies is also prominent.
Challenges: Similar to North America, market saturation and compliance with stringent regulations pose challenges. Additionally, economic disparities between Western and Eastern Europe can affect market dynamics.
Asia-Pacific:
Market Size and Growth: The Asia-Pacific region is expected to witness the fastest growth in the hypodermic needles market due to rapid economic development, increasing healthcare expenditures, and improving healthcare infrastructure.
Regulatory Environment: Regulatory environments vary significantly across countries, with some regions having less stringent regulations compared to North America and Europe. However, there is a growing trend towards strengthening regulatory frameworks.
Key Drivers: The rising prevalence of chronic diseases, expanding middle class, increasing awareness about healthcare, and government initiatives to improve healthcare access are key growth drivers. Countries like China, India, and Japan are major contributors to market growth.
Challenges: Diverse regulatory standards, lower awareness about safety needle benefits in some areas, and pricing pressures are notable challenges. Ensuring the availability of high-quality products across diverse markets is also a concern.
Latin America:
Market Size and Growth: Latin America presents a growing market for hypodermic needles, driven by improving healthcare infrastructure and increasing investments in healthcare.
Regulatory Environment: Regulatory frameworks are evolving, with efforts to align with international standards to ensure product safety and quality.
Key Drivers: Growing healthcare investments, increasing prevalence of chronic diseases, and expanding vaccination programs are driving market growth. Public health initiatives and international aid programs also contribute to market expansion.
Challenges: Economic instability, disparities in healthcare access, and varying regulatory standards across countries pose challenges. Additionally, there is a need for greater awareness and adoption of safety needles.
Middle East and Africa:
Market Size and Growth: The Middle East and Africa region is gradually expanding its hypodermic needles market, with significant growth potential in improving healthcare infrastructure and increasing healthcare investments.
Regulatory Environment: Regulatory standards are developing, with some countries adopting more rigorous frameworks to ensure product safety and efficacy.
Key Drivers: Growing healthcare investments, increasing prevalence of infectious and chronic diseases, and government initiatives to enhance healthcare access are driving market growth. International aid and public health programs also play a significant role.
Challenges: Economic disparities, political instability in some areas, and varying levels of healthcare infrastructure development are notable challenges. Ensuring the consistent supply of high-quality hypodermic needles across the region is also a concern.
Segmentation
By Type of Needles
Standard Hypodermic Needles
Safety Hypodermic Needles
Pen Needles
IV Cannula Needles
Blood Collection Needles
By Material
Stainless Steel Needles
Plastic Needles
By Application
Therapeutic Injections
Diagnostic Procedures
Blood Collection
By End User
Hospitals and Clinics
Diagnostic Laboratories
Home Healthcare Settings
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techninja · 1 year ago
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Hepatitis Drugs Market Expansion: A Hopeful Horizon for Liver Health
Introduction
The global hepatitis drugs market has witnessed significant advancements and opportunities in recent years. Hepatitis, a viral infection that affects the liver, has been a major public health concern worldwide. With the advent of innovative pharmaceuticals and a deeper understanding of the hepatitis virus, the market for hepatitis drugs has expanded, offering new hope to millions of individuals affected by this disease. This article delves into the current state of the hepatitis drugs market, the key players, and the promising developments that are shaping the industry.
Hepatitis Overview
Hepatitis is a group of infectious diseases caused by hepatitis viruses, including A, B, C, D, and E. Among these, hepatitis B and C are the most common and serious, often leading to chronic liver disease, cirrhosis, and hepatocellular carcinoma. Over the years, extensive research and development have led to the discovery of various antiviral medications that target these infections.
Market Size and Growth
The hepatitis drugs market has experienced robust growth in recent years. The rising prevalence of hepatitis infections, increased awareness about the disease, and the availability of improved diagnostic techniques have all contributed to the expansion of this market. As of my last knowledge update in early 2022, the global hepatitis drugs market was estimated to be worth billions of dollars, and it is expected to continue growing in the coming years.
Key Players
Several pharmaceutical companies are actively involved in the development and commercialization of hepatitis drugs. Gilead Sciences, AbbVie, and GlaxoSmithKline are among the major players in this market. Gilead Sciences, in particular, has made a significant impact with its hepatitis C drugs, including sofosbuvir and ledipasvir, which have revolutionized the treatment of this infection.
Advancements in Hepatitis Drugs
Recent advancements in hepatitis drugs have brought about a shift in the treatment landscape. The introduction of direct-acting antivirals (DAAs) for hepatitis C has significantly improved cure rates and reduced treatment duration. These medications have fewer side effects compared to older therapies, making them more accessible to a broader patient population. Furthermore, the development of combination therapies has increased the likelihood of a sustained virologic response, meaning patients can achieve a cure from hepatitis C.
Hepatitis B treatment has also seen noteworthy progress. Nucleoside/nucleotide analogs (NAs) such as tenofovir and entecavir are now commonly used to suppress the replication of the hepatitis B virus. These drugs help manage the disease and prevent liver damage, although they may not provide a complete cure.
Challenges and Opportunities
Despite the positive developments in hepatitis drugs, challenges remain. Access to these medications can be a hurdle, particularly in low- and middle-income countries. The high cost of newer hepatitis C drugs, in particular, has been a point of concern. Ensuring equitable access to these life-saving treatments is a priority.
Opportunities in the hepatitis drugs market are driven by ongoing research and development efforts. Scientists are continually exploring new therapeutic targets and potential vaccines for hepatitis B. Improved diagnostic methods and increased vaccination efforts for hepatitis A and B are also essential components of reducing the disease burden.
Conclusion
The hepatitis drugs market has come a long way in the treatment of hepatitis B and C infections. With advancements in drug development, there is renewed hope for individuals living with these conditions. While challenges related to access and affordability persist, the ongoing research and development in this field offer a promising outlook for the future. As healthcare systems and governments worldwide focus on eradicating hepatitis, the market for hepatitis drugs will continue to play a crucial role in achieving this goal.
Few Other Promising Reports in Pharmaceutical Industry
Global Major Depressive Disorder (MDD) Treatment Market
Neuromodulation Devices Market
Mental Disorder Treatment Market
Serotonin Norepinephrine Inhibitor Market
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delicatemagazinedreamer · 1 year ago
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Global Cervical Spondylosis Treatment Market Is Estimated To Witness High Growth Owing To Rising Incidences of Cervical Spondylosis
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The global Cholangiocarcinoma Market is estimated to be valued at US$ 185.4 million in 2021 and is expected to exhibit a CAGR of 12.8% over the forecast period 2021-2028, as highlighted in the new report published by Coherent Market Insights. Cholangiocarcinoma, also known as bile duct cancer, is a rare and aggressive form of cancer that affects the bile ducts. The market for Cholangiocarcinoma is driven by the increasing incidences of the disease and the need for effective treatment options. Market Overview: Cholangiocarcinoma is a deadly cancer that arises from the cells lining the bile ducts, which are responsible for carrying bile from the liver to the small intestine. This cancer is difficult to diagnose in its early stages and is often detected at an advanced stage when treatment options are limited. The market for Cholangiocarcinoma is driven by the need for targeted therapies and innovative treatment approaches to improve patient outcomes. Currently, there are limited treatment options available for patients with Cholangiocarcinoma, which creates a significant unmet need in the market. Market Key Trends: One key trend in the Cholangiocarcinoma Market is the increasing focus on precision medicine and targeted therapies. Precision medicine involves tailoring treatment plans based on an individual's genetic makeup, allowing for more personalized and effective treatments. Several pharmaceutical companies are investing in research and development to identify specific genetic mutations and biomarkers associated with Cholangiocarcinoma to develop targeted therapies. For example, Incyte Corporation and QED Therapeutics are conducting clinical trials for their targeted therapy, pemigatinib, which has shown promising results in patients with locally advanced or metastatic Cholangiocarcinoma. PEST Analysis: - Political: Government initiatives and regulations play a crucial role in the development and availability of treatments for Cholangiocarcinoma. Governments are increasingly focusing on improving cancer care and funding research programs.
- Economic: The economic impact of Cholangiocarcinoma is significant, as it requires long-term treatment and care. The high cost of treatment options and supportive care pose challenges for patients and healthcare systems.
- Social: The increasing awareness about Cholangiocarcinoma among the general population and healthcare professionals is driving early detection and diagnosis. Support groups and patient advocacy organizations are providing support and resources to patients and their families.
- Technological: Advances in diagnostic technologies, such as molecular testing and imaging techniques, are enabling early detection and accurate diagnosis of Cholangiocarcinoma. Additionally, the development of targeted therapies and immunotherapies is revolutionizing the treatment landscape for this aggressive cancer. Key Takeaways: In terms of market size, the global Cholangiocarcinoma market is expected to witness high growth, exhibiting a CAGR of 12.8% over the forecast period, due to increasing incidences of the disease. The rising prevalence of risk factors such as primary sclerosing cholangitis (PSC), hepatitis B and C infections, and exposure to certain chemicals and toxins are contributing to the growing incidence of Cholangiocarcinoma. Moreover, the lack of effective treatment options for this aggressive cancer creates opportunities for pharmaceutical companies to develop innovative therapies to improve patient outcomes. Key players operating in the global Cholangiocarcinoma market are Incyte Corporation, Eisai Co., Ltd., QED Therapeutics, Inc., Agios Pharmaceuticals, Inc., RenovoRx, Ability Pharmaceuticals, Imbrium Therapeutics L.P., and Delcath Systems, Inc. These companies are focusing on strategic collaborations, clinical trials, and research and development activities to develop effective treatment options for Cholangiocarcinoma.
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impossibledeanmakerwombat · 2 years ago
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Anti-Viral Drugs Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2023 to 2032
The global anti-viral drugs market is expected to be valued at US$ 59,596.8 Million in 2022. The induction of the generic version of antiviral medicines and rising awareness about the availability of various vaccines for viral infections is affecting the growth throughout the forecast period. The overall demand for Anti-Viral Drugs is projected to grow at a CAGR of 3.9% between 2022 and 2032, totaling around US$ 87,675.36 Million by 2032.
Anti-viral drugs are medicines which are used specially for treating viral infections. Most anti-viral drugs are used for particular viral infections, similar to antibiotics, while a broad-spectrum anti-viral drug is effective against a varied range of viruses. Antiviral drugs do not kill their target pathogen, instead they inhibit the development of those viruses.
The global anti-viral drugs market is projected to register a moderate growth rate in the pharmaceutical market and which is anticipated to increase due to rise in awareness level, increase in the diseased population and introduction of new drugs with improved efficacy.
Some major patents are reaching their expiry during forecast period, such as for Combivir, Sustiva, Tenofovir, Tamiflu, Relenza and Telbivudine. The patent expiries of these blockbuster drugs is expected to trigger generic competition in the antivirals therapeutics market, which will make the market more competitive.
The late stage pipeline drugs are expected to enter the market, which will positively impact the market. Most antivirals are considered comparatively harmless to host, and therefore are used to treat infections. They are different from viricides, which are not used for medication but can destroy or deactivate virus particles, either outside or inside the body.
The anti-viral drugs are used in the treatment of patients suffering from herpes viruses, HIV, influenza A and B viruses and the hepatitis B and C viruses.
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Anti-viral Drugs Market: Drivers and Restraints
As of October 2013, according to WHO, there were around 35.3 Mn people globally, infected with HIV. Therefore, increased viral infection incidences is one of the important factors that drives the anti-viral drugs market growth. Because of the solid R&D activities, newer and advanced treatments and formulations, such as vaccines, combination therapy and others, are being introduced in the market.
Hence, strong R&D is one of the crucial factors in the anti-viral drugs market growth. On the other hand, high risk of failure, high cost of R&D and therapy, and government austerity are some of threats expected to hinder the growth of market.
These are some factors anticipated to fuel growth of global anti-viral drugs market within the forecast period of 2016-2026. However, increasing usage of natural products and high cost of developing drugs are the key challenges faced by the market.
Anti-viral Drugs Market: Overview
The generic market of anti-viral drugs is presently dominated by products such as didanosine, zidovudine, lamivudine and stavudine. The biggest driver of overall anti-viral drugs market is Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS) therapeutic sales which accounted for more than half the share of the market 2010.
At the end of 2012, 9.7 million people in low-income and middle-income countries were on antiretroviral treatment (ART). According to WHO, in 2012, number of patients on ART increased by 1.6 Mn, the largest increase in one year.
Nearly four out of five people were freshly put on treatment in the sub-Saharan Africa. In 21 African countries with a high burden of HIV, two out of three people in need are receiving treatment, and two out of three positive pregnant women are receiving antiretroviral drugs to prevent HIV transmission to their infants.
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Anti-viral Drugs Market: Regional Overview
Region wise, the global anti-viral drugs market is classified into regions namely, North America, Eastern Europe, Western Europe, Latin America, Japan, Asia-Pacific, Middle East and Africa. According to WHO, in countries with Major ART scale-up such as Brazil or China, the death rate among people living with HIV has decreased by 80%. In 2015, in India the number of people living with HIV were 2.1 Mn and in U.S. the number was around 1.2 Mn in the year 2013.
Anti-viral Drugs Market: Key Players
Some of the key players in global anti-viral drugs market, which are focusing on general molecular mechanisms of antiviral drugs rather than therapies for individual viruses, include Roche, Gilead, GlaxoSmithKline, Bristol-Myers-Squibb, Abbott, AstraZeneca, Cipla, Schering-Plough, Johnson & Johnson, Merck & Co and others.
Key Segments Covered in the Anti-Viral Drugs Industry Analysis
Anti-Viral Drugs Market by Product type:
Hepatitis-C antivirals
HIV antivirals
Herpes antivirals
Hepatitis-B antivirals
Influenza antivirals
Others (Pneumonia, Flu, etc.)
Anti-Viral Drugs Market by End-user:
Hospitals
Clinics
Ambulatory Surgical Centers
Anti-Viral Drugs Market by Region:
North America Anti-Viral Drugs Market
Latin America Anti-Viral Drugs Market
Europe Anti-Viral Drugs Market
Asia Pacific Anti-Viral Drugs Market
The Middle East & Africa Anti-Viral Drugs Market
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researchnesterinsights · 3 years ago
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ANTI-VIRAL DRUG MARKET Analysis With Influence of COVID-19 Pandemic on Demand, Top Key Players, Trends, Future Growth, Share Forecast to 2024
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Globalanti-viral drug market is expected to flourish ata CAGRof 5.9% over the forecast period. Moreover, the globalanti-viral drugmarket is anticipated to garner USD 42.3 Billion by the end of 2024.Increasing prevalence of chronic diseases such as HIV, hepatitis and influenza is expected to propel the growth ofanti-viral drug market during the forecast period.
The global anti-viral drug market is segmented into types such as branded drugs and generic drugs. Among these segments, generic anti-viral drugs segment is expected to occupy the top position in anti-viral drug market during the forecast period. Factors such as lower cost of generic drugs as compared to branded drugs and rising number of off-patent drugs are anticipated to impel the growth of generic anti-viral drug segment. Furthermore, favorable government initiatives such as prompting citizens to adopt generic drugs for chronic diseases are expected to augment the growth of generic Anti-Viral drug Market.
The hepatitis treatment segment by application is estimated to register noteworthy CAGR during the forecast period. Moreover, hepatitis segment is expected to account for the largest share of revenue across the globe.According to World Health Organization (WHO), 71 million people were estimated to be suffering from hepatitis C disease. Moreover, the initiatives taken by government and health organizations of various countriesin order to reduce the number of deaths from hepatitis are anticipated to foster the growth of anti-viral drugs for hepatitis treatment market.
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Rising Prevalence of Chronic Diseases
Significant growth in the number of patients suffering from chronic diseases is expanding the market of anti-viral drugs. As per World Health Organization, 36.7 million HIV cases and 71 million hepatitis C cases were registered in 2016. Further, more than 95% people suffering from hepatitis C can be treated by anti-viral medications. These factors are likelyto augment the growthofanti-viral drugs market.
Favourable Government Initiatives
Government policies and programs to limit chronic diseases fatalitiesare anticipated to be the dynamic factor behind the growth of the anti-viral drug market during the forecast period. For instance, U.S. government has launched National Viral Hepatitis          Action Plan to improve the life of people suffering from hepatitis which is likely to augment the demand for anti-viral drugs in the overcoming years.
The report titled “Anti-Viral Drug Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the Globalanti-viral drugmarket in terms of market segmentation bytype, by application, by end userand by region.
Although, high cost associated with the development of anti-viral drugs and lack of diagnostic centers and hospitals in undeveloped nations are some of the factors that are likely to inhibit the growth of the global anti-viral drug market in the near future.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the globalanti-viral drugmarket which includes company profiling ofGlaxoSmithKline PLC, Johnson and Johnson, Merck & Co, Abbott Laboratories,Cipla Limited, F. Hoffmann-La Roche Ltd., Bristol-Myers-Squibb, Gilead Sciences, Aurobindo Pharma and Sino Biopharmaceutical. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the globalanti-viral drugmarket that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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pranalipawarshinde · 2 years ago
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Plasma Protein Therapeutics Market – Know the Latest Profit Sources of the Industry
Plasma Protein Therapeutics Market: Overview
According to Transparency Market Research’s latest report on the Plasma Protein Therapeutics Market for the historical period 2017–2018 and forecast period 2019–2027, Growing Investment in Innovation, Rising Demand for Immunoglobulin (IG), Rising Indications and Therapeutic use of Plasma Derived Protein Therapeutics are projected to drive the plasma protein therapeutics market
According to the report, the Plasma Protein Therapeutics Market was valued at US$ 22.41 Bn in 2018 and is projected to expand at a CAGR of 7.0% from 2019 to 2027
Growing Investment in Innovation: Key Drivers
Quality and advancements have been the success drivers of the     plasma protein industry in order to increase the quality of life of patients     and to guarantee donor safety. Plasma acquired via apheresis technology or     complete blood donation processing can either be assembled or fractionated     into plasma protein products that comprise one or more purified plasma     protein or transfused directly to patients.
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The plasma protein industry has been investing in research and     development of new plasma proteins therapies (e.g.: Ceruloplasmin, IgA,     Plasmin) leading to innovative treatments for the benefits of patients.     In March 2016, Grifols announced that it will invest US$     360 Mn to expand production capabilities for plasma-derived     therapies. The investment will increase the plasma fractionation capacity     and purification of several proteins.
This has been also evident from advancements such as the product     presentations (e.g. subcutaneous IG, IVIG 10% concentration,     and IVIG liquid presentation), manufacturing process (e.g. improvement of     yield), added virus elimination technologies (e.g. nanofiltration), and     development of new plasma proteins (e.g. protein C and purified factor V)
Technological advancements in efficient and cost-effective     procedures for fractionating proteins from plasma are anticipated to boost     the plasma protein therapeutic market. According to the World Health     Organization, global blood donation come from the high income countries,     i.e., more than half of the 108 million, which is the     home for 18% of the world’s population.
Rising incidence of over 200 life threatening diseases affecting     immune or neurological system such as chronic inflammatory demyelinating     polyneuropathy (CIPD), multifocal motor neuropathy (MMN), ideopathic     thrombocytopenic purpura (ITP), and other infectious diseases including     hepatitis A&B, rabies, tetanus, and varicella is driving the market.
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Rising Demand for Immunoglobulins (IG)
The number of clinical indications for IG has been increasing. IG     has become an important treatment option in a number of clinical     indications beyond primary immunodeficiency, including autoimmune and     acute inflammatory conditions. Also, off-label prescribing has crossed     over into almost every medical specialty. Chronic use of off-label     prescribing in some indications, particularly for the treatment of some     neurological illnesses, in addition to immune deficiencies is increasing     demand for IG.
Plasma-derived IG is used for a wide range of autoimmune and     inflammatory diseases. Increased recognition and treatment of immune     deficiencies in developing world have added to the global demand for IG.     However, increased use of high dose therapy, particularly in autoimmune     neurologic diseases is the major reason for the continued strong growth in     demand for IG products.
Widespread off-label use of IG demonstrates use of large volume of     plasma. Examples of most common off-label uses for IVIG in the U.S. are     multifocal motor neuropathy (MMN), acute panautonomic polyneuropathy,     hemolytic disease of the newborn, autoimmune mucocutaneous blistering     diseases, and acute cardiomyopathy.
The clinical demand for these medicines has increased in the past     few years and the trend is likely to continue due to constant improvement     in diagnosis and improved life-expectancy
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Stringent Regulation and Reimbursement Issues Threat to Hamper Market
The plasma collection standards in emerging countries do not match     those required by the fractionators. These regions follow strict rules and     regulations regarding the quality of their operations, starting with the quality     of the raw material. Specific fractionators are designed for plasma. For     instance, the European health authorities require that the plasma pool for     fractionation be tested for HIV, hepatitis A, B and C, and Parvovirus B.     The blood collected by many centers is often unable to comply with these     regulations, causing some recovered plasma to be unused.
Health budgets have been subjected to growing pressures. Funding     through reimbursement pathways from private and public payers has come     under inspection and it has drawn plasma protein therapies into the     landscape of Health Technology Assessments (HTA), including the possible     application of cost-utility analysis (CUA) in the distribution of     reimbursement funds. Given the high cost of the therapies and the comparatively     nascent nature of many of the indications, application of these tools of     health economics can constraint the supply of products for patients in     genuine need.
Regulatory and quality policies affect every step of the plasma     protein therapy lifecycle, which includes donor safety, quality and     compliance, biological license application process, therapy safety and     efficacy, and pharmacovigilance. For example, licensing and inspecting of     plasma collection centers and plasma protein therapy manufacturing     facilities can be tedious and time consuming.
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Plasma protein therapies used by Medicare beneficiaries     predominately are reimbursed through Medicare Part B, which covers     physician-administered therapies. In addition to being a complex     technology, prices of raw materials and multiple safety measures     contribute to the cost of these products. Hence, it is essential that     reimbursement for plasma protein therapies is sufficient to maintain     access.
Plasma Protein Therapeutics Market: Competitive Landscape
 Baxter International
 Biotests
 CSL Behring
 GRIFOLS, S.A
  Kedrion
 Octapharma USA, Inc.
 Shire Plc.
 China Biologics.
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mitalipingale · 7 months ago
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https://www.xaphyr.com/blogs/602285/Hepatitis-C-Treatment-Market-Share-Overview-Competitive-Analysis-and-Forecast
The Hepatitis C Treatment Market in 2023 is US$ 62.77 billion, and is expected to reach US$ 170.69 billion by 2031 at a CAGR of 13.32%.
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vicky8588 · 3 years ago
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Brazil Renal Dialysis Equipment Market
Market Overview
The "Brazil Renal Dialysis Equipment Market" is expected to grow at a high CAGR of 5.8% during the forecasting period (2021-2028).
 Renal Dialysis is an artificial method of maintaining the chemical balance of the blood when the kidneys have failed. The renal dialysis equipment are the device which are used for artificial blood purification of acute kidney injuries or end-stage renal disease. Increasing usage of these equipment owing to various factors in this region is expected to drive the Brazil renal dialysis equipment market.
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 Market Dynamics
Chronic kidney disease (CKD) represents a major challenge for Latin America (LA), due to its epidemic proportions and high burden to the population affected and to public health systems. In 2016, Brazil had an estimated incidence rate of 194 cases of treated ESRD per one million population. Hence, a rising number of End-Stage Renal Disease (ESRD) cases in Brazil is leading to the growth of the market. With the rising number of End-stage renal disease (ESRD) cases, there is a need for dialysis, hence the number of dialysis centers is increasing.
 A predominant number of hemodialysis patients undergo treatment in dialysis centers. The rising health insurance market has driven the patients towards better medical care and further spending more on medical equipment. The total number of active dialysis centers increased from 2015 to 2016 (726 to 747). The modernization of public healthcare and up-gradation of the equipment will drive the growth in dialysis treatments in foreseeable future. The Brazilian Society of Nephrology (SBN) had 834 registered dialysis centers in July 2016, of which 747 had active chronic dialysis programs.
 However, there are several side effects associated with the treatment of hemodialysis such as itching, infections, anemia, pericarditis, hyperkalemia, hypotension, hypertension, muscles cramps and bone diseases are associated with hemodialysis treatment. The fear of such outcomes prevents people from undergoing hemodialysis treatment which is hampering the Brazil renal dialysis equipment. The risk of acquiring infections such as hepatitis C and hepatitis B viruses during blood transfusions. According to the Centers for Disease Control and Prevention, in 2015, about 10% to 30% of dialysis patients carry the hepatitis C virus. The high death rate of "emergency-only" hemodialysis, or EOHD than regular hemodialysis is a major drawback for the market.
 Market Segmentation
Based on equipment type the Brazil renal dialysis equipment market is broadly segmented as hemodialysis equipment, Peritoneal Dialysis (PD) Equipment, Continuous Renal Replacement Therapy (CRRT) systems. Among all these hemodialysis equipment accounted for major share in 2018, and is projected to grow at a high CAGR over the forecast period (2019-2026). Hemodialysis equipment is used in the treatment procedure and techniques of dialysis, fulfilling the role of the artificial kidney in the event of damage or deterioration of the organ. Hemodialysis Equipment is further sub-segmented into Hemodialysis Machines, Dialyzers, Bloodline systems and Catheters, Concentrates and dialysis solutions, and others. Among all these hemodialysis machines accounted for major share in hemodialysis equipment segment. Hemodialysis machines are equipment’s, and devices are used in dialysis to remove excess water and waste products from a patient’s blood in cases of dysfunctional or damaged kidneys. The high prevalence of dialysis and growth in the incidence rate in patients in Brazil would lead to increased sales of hemodialysis machines, as the machines are a vital part of the treatment process. For instance, according to the Brazilian Chronic Dialysis Survey 2016 published by the Brazilian Society of Nephrology (SBN), an estimated total number of 122,825 patients on dialysis in Brazil as of July 1, 2016, which indicates an annual growth of 6.3%.
 Based on end-users the Brazil renal dialysis equipment market is segmented into hospitals, in-clinic & dialysis centers, and home care settings. Among all these hospitals accounted for major market share in 2018 and are projected to grow at a high CAGR over the forecast period. The renal dialysis equipment in Brazilian hospitals is used to provide medical treatment to patients with chronic kidney disease and acute kidney injury, with a total of 309 participating centers operating in Brazil. Of these, around 47% of the centers are located in hospitals.
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 Competitive Analysis
Significant players of the Brazil renal dialysis equipment market are Asahi Kasei Corporation, Baxter International, B. Braun, Fresenius Medical Care AG, Nipro Corporation, Nikkiso, NxStage Medical, Angiodynamics, and others. The product launches, collaboration, and product agreements, and other key developments are the dominating strategies adopted by the market players to enhance their product portfolio in the global snack food market. For instance –
 In December 2018, Unicyte AG collaborate with Medical Center Hamburg-Eppendorf on innovative treatments for patients with kidney disorders.
 In November 2017, Nipro Medical Corporation launched Cellentia®-H cellulose triacetate (CTA), a single-use dialyzer at the 2017 ASN Kidney Week Conference. The Cellentia®-H is the newest addition to Nipro’s growing line of high-performance dialyzers. The Cellentia®-H dialyzer is indicated for all hemodialysis patients, especially those where conservative therapy is judged to be inadequate.
 In August 2017, B. Braun Medical Inc. received the U.S. Food and Drug Administration has cleared its hemodialyzer, Diacap® Pro. This new dialyzer has improved clearance performance and user handling.
 In August 2017, Fresenius Medical Care, the world's largest provider of dialysis products and services, has signed an agreement to acquire NxStage Medical
 In May 2017, Baxter launched a new version of its AK 98 hemodialysis (HD) system offering two-way IT connectivity, capabilities to meet the needs of patients with lower weights, and functions that simplify treatment setup and reduce downtime between sessions.
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healthcare-market · 3 years ago
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Protease Inhibitors Market – Top Key Players and Industry Outlook
The ‘protease inhibitor’ are molecules which have many different applications. In some cases, the ‘protease inhibitor’ (PI) indicates a type of drug that is primarily used to treat hepatitis and HIV/AIDS. Proteases are enzymes that cleave or cut proteins. Protease inhibitor inhibits the function of protease, thereby preventing the viral replication. Inhibitors also block the proteolytic cleavage of the precursor protein required for the production of new virus particles. These protease inhibitor drugs, apart from antiviral drugs, can be used in the treatment of cancer and diabetes. Several protease inhibitors can be used as reagents in protein purification or cell/tissue extraction.
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The global protease inhibitors market is expected to expand at a significant pace during the forecast period. Development of pharmaceutical protease inhibitor is of great interest which target the specific protease enzyme (for example, in HIV anti-retroviral drugs). Thus, increasing prevalence of viral diseases such as HIV/AIDS and hepatitis C is expected to drive the market during the forecast period. The rising awareness about anti-retroviral therapy and cancer treatment is another major factor contributing to growth of the global protease inhibitors market. Extensive research and development activities in the field of protein purification, pharmacology, animal tissue culture, and molecular biology are expected to drive the global market by 2025. Moreover, surge in the number of pharmaceutical companies, rise in the prevalence of lifestyle diseases, and approval of PI drugs are likely to propel the market during the forecast period. Lack of awareness about PI drugs in developing countries and high cost of protease inhibitor reagents are some of the factors that may restrain the global protease inhibitors market during the forecast period.
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The global protease inhibitors market can be segmented based on mechanism of action, application, end-user, and region. Based on mechanism of action, the global market can be divided into serine protease inhibitors, cysteine protease inhibitors, amino peptidase inhibitor, aspartic protease inhibitors, metalloprotease inhibitors, and others. Based on application, the global protease inhibitors market has been divided into commodity protease inhibitor, research tool protease inhibitor, and protease inhibitor drugs. The protease inhibitor drugs segment is expected hold a significant share of the global market from 2017 to 2025, due to high prevalence of anti-retroviral diseases across the world. Based on end-user, the global market has been divided into hospitals & diagnostic centers, pharmaceutical industries, and academic & research institutes.
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Geographically, the global protease inhibitors market can be fragmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. North America is anticipated to dominate the global protease inhibitors market, during the forecast period, followed by Europe. Factors such as high prevalence of HIV and chronic HCV in the region, growing industrial sector, and advanced health care infrastructure are anticipated to drive the market in North America during the forecast period. Furthermore, in order to strengthen their position in an established market, prominent players are focusing on the region. The market in Asia Pacific is expected to register the maximum growth rate during the forecast period, due to factors such as rising health care expenditure, increasing geriatric population, surging disposable income, high prevalence of chronic diseases, growing focus of global pharmaceutical companies on Asia Pacific, and increasing research activities. Furthermore, rise in awareness about anti-retroviral therapy in regions such as Asia and Africa is driving the global protease inhibitors market.
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In order to attain a competitive position in the global market, key players in the protease inhibitors market are engaged in mergers and acquisitions, extensive R&D activities, launch of cost-effective and efficient vaccine products, and collaborative partnerships. Some of the prominent players operating in the global protease inhibitors market are Thermo Fisher Scientific Inc., Sigma-Aldrich, Inc., CYTOSKELETON, INC., Merck & Co., Inc., Genentech, Inc., and Boehringer Ingelheim International GmbH.
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researchupdates · 3 years ago
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Hepatitis C Diagnosis and Treatment Market: Know about Impact of Covid-19 by Top Companies like – J&J, GSK, Abbvie, Roche, Biogen, Abbott, QIAGEN | Forecast to 2028
Global Hepatitis C Diagnosis and Treatment Market Overview:
Each section of the superior Hepatitis C Diagnosis and Treatment Market research report is specially prepared to investigate key aspects of the Market. This Market document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies. It is helpful in knowing the general conditions prevailing in the Market, the Marketing and pricing strategy of competitors. The Market has exhibited continuous growth in recent years and is projected to grow even further during the forecast period (2021-2028). The world class Hepatitis C Diagnosis and Treatment Market report is a window to the industry which talks about what Market definition, classifications, applications, engagements and Market trends are.
Hepatitis C Diagnosis and Treatment Market analysis report documents a detailed analysis of the Market, compiling current growth factors, future trends, attentive opinions, historical data, facts, and statistically supported and industry-validated Market data. The industry report gives CAGR value fluctuation during the forecast period of 2021-2028 for the Market. This Market study also evaluates the Market status, Market share, growth rate, future trends, Market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Hepatitis C Diagnosis and Treatment is a professional and a detailed report focusing on primary and secondary drivers, Market share, leading segments and geographical analysis.
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The Global Hepatitis C Diagnosis and Treatment Market is expected to witness market growth at a rate of 11.65% in the forecast period of 2021 to 2028 and is expected to reach USD 82,724.71 million by 2028.
According to market research study, Hepatitis C refers to a viral infection primarily affecting the liver with the hepatitis C virus. The infection often results in cirrhosis and this may further develop complications such as liver failure, esophageal and gastric varices or liver cancer. No prominent symptoms are seen in the early stage of infection. The critical stage of infection displays symptoms such as dark urine, abdominal pain, fever and yellow tinged skin occurrence. People suffering from alcoholism and HIV infection are at higher risk.
The most significant key factors driving the growth of the Global Hepatitis C Diagnosis and Treatment Market are increase in prevalence of hepatitis C infection, increase in the cases of hepatitis C and chronic bloodborne infection among population across the globe, rise in cases of mistakenly inhaled illicit drugs, exposure to infected blood, patients with HIV-AIDS and family history with hepatitis C and growth in awareness regarding the disease.
Top Leading Key in Players Global Hepatitis C Diagnosis and Treatment Market: Abbvie Inc., Gilead Sciences Inc., Merck & Co., Inc., Bristol -Myers Squibb Company, F. Hoffmann-LA Roche Ltd., Biogen Inc., Schering Life Sciences, Johnson and Johnson Services, Inc., Abbott, Vertex Pharmaceuticals Incorporated, GlaxoSmithKline plc, Novartis AG, Beckman Coulter, Inc., Siemens Medical Solutions USA, Inc., MedMira Inc., DiaSorin S.p.A., QIAGEN, bioMérieux SA, Hologic, Inc., Bio-Rad Laboratories, Inc and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
In terms of the geographic analysis, North America dominates the hepatitis C diagnosis and treatment market because of the increase in patient population suffering from hepatitis C and presence of major players in the region. APAC is expected to witness the fastest growth in the forecast period of 2021-2028 due to the high patient population suffering from hepatitis C and public-private initiatives to create awareness regarding hepatitis in the region.
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delicatemagazinedreamer · 1 year ago
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Global Cholangiocarcinoma Market Is Estimated To Witness High Growth Owing To Rising Incidences of the Disease
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The global Cholangiocarcinoma Market is estimated to be valued at US$ 185.4 million in 2021 and is expected to exhibit a CAGR of 12.8% over the forecast period 2021-2028, as highlighted in the new report published by Coherent Market Insights. Cholangiocarcinoma, also known as bile duct cancer, is a rare and aggressive form of cancer that affects the bile ducts. The market for Cholangiocarcinoma is driven by the increasing incidences of the disease and the need for effective treatment options. Market Overview: Cholangiocarcinoma is a deadly cancer that arises from the cells lining the bile ducts, which are responsible for carrying bile from the liver to the small intestine. This cancer is difficult to diagnose in its early stages and is often detected at an advanced stage when treatment options are limited. The market for Cholangiocarcinoma is driven by the need for targeted therapies and innovative treatment approaches to improve patient outcomes. Currently, there are limited treatment options available for patients with Cholangiocarcinoma, which creates a significant unmet need in the market. Market Key Trends: One key trend in the Cholangiocarcinoma Market is the increasing focus on precision medicine and targeted therapies. Precision medicine involves tailoring treatment plans based on an individual's genetic makeup, allowing for more personalized and effective treatments. Several pharmaceutical companies are investing in research and development to identify specific genetic mutations and biomarkers associated with Cholangiocarcinoma to develop targeted therapies. For example, Incyte Corporation and QED Therapeutics are conducting clinical trials for their targeted therapy, pemigatinib, which has shown promising results in patients with locally advanced or metastatic Cholangiocarcinoma. PEST Analysis: - Political: Government initiatives and regulations play a crucial role in the development and availability of treatments for Cholangiocarcinoma. Governments are increasingly focusing on improving cancer care and funding research programs. - Economic: The economic impact of Cholangiocarcinoma is significant, as it requires long-term treatment and care. The high cost of treatment options and supportive care pose challenges for patients and healthcare systems. - Social: The increasing awareness about Cholangiocarcinoma among the general population and healthcare professionals is driving early detection and diagnosis. Support groups and patient advocacy organizations are providing support and resources to patients and their families. - Technological: Advances in diagnostic technologies, such as molecular testing and imaging techniques, are enabling early detection and accurate diagnosis of Cholangiocarcinoma. Additionally, the development of targeted therapies and immunotherapies is revolutionizing the treatment landscape for this aggressive cancer. Key Takeaways: In terms of market size, the global Cholangiocarcinoma market is expected to witness high growth, exhibiting a CAGR of 12.8% over the forecast period, due to increasing incidences of the disease. The rising prevalence of risk factors such as primary sclerosing cholangitis (PSC), hepatitis B and C infections, and exposure to certain chemicals and toxins are contributing to the growing incidence of Cholangiocarcinoma. Moreover, the lack of effective treatment options for this aggressive cancer creates opportunities for pharmaceutical companies to develop innovative therapies to improve patient outcomes. Key players operating in the global Cholangiocarcinoma market are Incyte Corporation, Eisai Co., Ltd., QED Therapeutics, Inc., Agios Pharmaceuticals, Inc., RenovoRx, Ability Pharmaceuticals, Imbrium Therapeutics L.P., and Delcath Systems, Inc. These companies are focusing on strategic collaborations, clinical trials, and research and development activities to develop effective treatment options for Cholangiocarcinoma.
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researchkenneth · 3 years ago
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Therapeutic Vaccines Market Detailed Analysis of Current Industry Figures with Forecasts Growth
The global therapeutic vaccines market is segmented into vaccine type such as infectious disease vaccines, addiction vaccines, neurological disease vaccines and autoimmune disease vaccines. Among these segments, infectious disease vaccines segment is expected to witness satisfactory growth over the forecast period. The growth of the infectious disease vaccines segment can be attributed to increasing prevalence of infectious diseases such as HIV and other infectious diseases. Moreover, it is used to provide immunity in human body to fight various infectious diseases.
Global therapeutic vaccines market is expected to register a 33.8% CAGR over the forecast period. Moreover, the global therapeutic vaccines market is expected to reach at revenue of around USD 4.8 Billion by the end of 2021. The market is expected to expand on the back of increasing prevalence of infectious diseases such as HIV, Cancer, hepatitis C, neurological diseases and others across the globe. Moreover, increasing geriatric population is also a key factor which is fuelling the demand for therapeutic vaccines.
The Asia Pacific region is likely to be fastest growing segment during the forecast period. Improving healthcare infrastructure, rising geriatric population and increased spending on R&D activities in healthcare sector are few of the key factors which are envisioned to drive the growth of therapeutic vaccine market in Asia Pacific region.
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Increase in Incidence of Cancer
Cancer is one of the leading causes of deaths and was responsible for more than 8 million deaths in 2015, (according to WHO). During treatment of cancer, therapeutic vaccines are one of the most important drugs/vaccines which are provided to the patients to stimulate the immune system to target an infection. Further, growing use of therapeutic vaccines in cancer treatment is expected to propel the growth of market over the forecast period.
Favourable governmen1t initiatives and programmes
Government initiatives and encouragement in various economies regarding development of therapeutic vaccine are further opening the opportunities for the various therapeutic vaccines manufacturers. Moreover, increasing prevalence of infectious diseases coupled with number of deaths due to infectious diseases are forcing governments to enhance existing healthcare infrastructure and provide better medical resources to the population.
However, threat of side effects caused by therapeutic vaccines and stringent rule and regulations regarding development and use of therapeutic vaccines are some of the factors that are likely to hamper the growth of global therapeutic vaccines market over the forecast period.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global therapeutic vaccines market which includes company profiling of Cytos Biotechnology, Agenus Inc., Bavarian Nordic, Celldex Therapeutics, Affiris AG, Argos Therapeutics, Biovest International, Celtic Pharma, Cel-Sci Corp. and Curevac AG. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global therapeutic vaccines market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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esglatestmarketnews · 2 years ago
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Drug Discovery Informatics Market to 2028 | Analysis, Global Trends, Status, Industry Insights
Drug Discovery Informatics Industry Overview
The global drug discovery informatics market size was valued at USD 2.39 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028. The drug discovery informatics market is set to gain momentum in the coming years due to advancements in high-performance computing & web services, increasing adoption of in-silico modeling tools, the growing volume of drug discovery data, and rising demand for novel medicine moieties. The launch of advanced drug discovery information technology is set to intensify the industry competition. For instance, in January 2021, Certara, Inc. launched Simcyp Physiologically-based Pharmacokinetic (PBPK) Simulator platform version 20. The new models help in assessing and analyzing the drug action during pregnancy and lactation.
Gather more insights about the market drivers, restrains and growth of the Global Drug Discovery Informatics Market
In addition, it helps the customers with critical decisions regarding optimizing medicine safety and efficacy profile. Companies are also increasingly adopting informatics solutions to shorten the long drug discovery timeline. For instance, in December 2020, Curve Therapeutics Ltd. implemented the CDD Vault platform for managing its genetically encoded Microcycle platform. It is a ubiquitous hosted platform suitable for applications across pharmaceutical, biotechnology, and academic institutes for securing and seamless sharing of data in real-time, thereby facilitating collaborative discoveries.
Moreover, the accelerated Covid-19 drug discovery around the world is further contributing to the market growth. For instance, for providing fast-track solutions, scientists performed virtual screening using medicine from the DrugBank, for targeting the viral proteins and human ACE2 receptors. These studies were based on in silico tools for screening small molecules that have the potential usage in drug discoveries against Covid-19.
Similarly, companies are developing several web services & solutions for supporting various steps of drug development for Covid-19. For instance, in June 2020, the IBM visual molecular explorer platform explored a selected set of the generated molecules targeting the coronavirus (SARS-CoV-2). The open-source sharing of the AI-generated artefacts in the explorer helped in the initial stages of optimal medicine designing.
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Drug Discovery Informatics Market Segmentation
Grand View Research has segmented the global drug discovery informatics market on the basis of workflow, mode, services, and region:
Drug Discovery Informatics Workflow Outlook (Revenue, USD Million, 2017 - 2028)
• Discovery Informatics
• Development Informatics
Drug Discovery Informatics Mode Outlook (Revenue, USD Million, 2017 - 2028)
• Outsourced
• In-house
Drug Discovery Informatics Services Outlook (Revenue, USD Million, 2017 - 2028)
• Sequence Analysis Platforms
• Molecular Modeling
• Docking
• Clinical Trial Data Management
• Others Services
Drug Discovery Informatics Regional Outlook (Revenue, USD Million, 2017 - 2028)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Companies profiled:
Some prominent players in the Global Drug Discovery Informatics Market include
• Certara
• Boehringer Ingelheim International GmbH
• Infosys Ltd.
• Charles River Laboratories
• Eurofins DiscoverX Products
• Jubilant Biosys
• Selvita
• Novo Informatics Pvt. Ltd.
• ChemAxon Ltd.
• Albany Molecular Research Inc.
• Oracle
• Accenture
• Agilent Technologies, Inc.
• Illumina, Inc.
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