December 02, 2019
According to the research report titled ‘Global Hepatitis B Virus (HBV) Treatment Market - Analysis By Type (Therapeutics, Vaccine), By End User (Male, Female) - By Region, By Country: Opportunities and Forecast (2017-2022) - By Region (N. America, Europe, APAC, ROW), By Country (US, Canada, UK, Germany, France, China, India, Japan)’ available with Market Study Report LLC, the global hepatitis B virus (HBV) treatment market is estimated to grow with a CAGR of 5.30% during the period of 2017-2022.
Rising number of HBV patients, coupled with escalating investments in healthcare segment, and advancements in the treatment of hepatitis B virus are major factors driving the growth of the HBV treatment market for the forecast period. Increasing concerns regarding healthcare among consumers, rising middle class population, and surging need of eradicating viral infections are also aiding the market growth. Moreover, development of innovative and effective drugs, coupled with introduction of improved vaccines with better efficacy and reduced dose are further augmenting the demand for HBV treatment across the world.
Notably, the research report discusses and examines the potential growth opportunities in HBV treatment market. It offers comprehensive insight about the market dynamics and competitive landscape.
As per type, hepatitis B virus treatment market is categorized into vaccine and therapeutics, in which the therapeutics segment is expected to offer lucrative growth opportunities over the forecast period. In terms of end user spectrum, the market is classified into male and female.
Considering the geographical landscape, the global HBV treatment market is divided into regions namely, Europe, North America, Asia-Pacific, and rest of the world, with key focus on countries such as Canada, US, UK, France, Germany, India, China, and Japan.
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The report cites that APAC HBV treatment market is expected to emerge as significant revenue pocket over the forthcoming years, owing to growing number of untreated HBV patients, advancements in healthcare sector, evolving lifestyles, and growing disposable income of middle class across the region.
The key players in global HBV treatment market are Gilead Sciences, Merck and Co., Novartis AG, Hoffman-La Roche, GlaxoSmithKline Plc, and Bristol-Myers Squibb.
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