Hepatitis C Drugs Market is expected to exhibit a CAGR of 4.0 % over the forecast period by 2028 | Abbvie Inc., Gilead sciences, Inc., BRISTOL-MYERS Squibb Company

Hepatitis C is a liver infection that can initiate major liver harm. It’s caused by the hepatitis C infection (HCV). Hepatitis C is the most inescapable blood-borne illness on the planet, and it is primarily moved by intravenous drug use. Unsafe sex and contact with infected blood can likewise spread HCV. There is no vaccination accessible in the market for hepatitis C. Moreover, the increasing prevalence of hepatitis C is expected to drive development for the hepatitis C drugs market over the forecast time frame. For instance, according to the World Health Organization (WHO), in 2017, around 71 million individuals were infected by chronic hepatitis C globally. Besides, the WHO considers Eastern Mediterranean and European regions to be the most affected regions with a prevalence pace of 2.3% and 1.5% respectively.

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The global hepatitis C drugs market was esteemed at US$ 7,376.6 million in 2019 and is expected to show a CAGR of 4.0 % over the forecast time frame (2019-2027).

Increasing administrative endorsement of drugs is expected to drive the development of the global hepatitis C drugs market

The market is expected to observe significant development over the forecast time frame, attributable to increasing administrative endorsement activities of hepatitis C drugs. For instance, in 2017, the U.S. Food and Drug Administration supported Mavyret (glecaprevir and pibrentasvir) drug for the therapy of grown-ups with chronic hepatitis C infection (HCV) genotypes 1-6 without cirrhosis (liver sickness). Mavyret drug is likewise endorsed for elderly individuals with HCV genotype 1 infection and the people who have been before treated with a course of treatment containing NS5A inhibitor or an NS3/4A protease.

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Besides, in 2016, AbbVie Company received the U.S. Food and Drug Administration (FDA) endorsement for its VIEKIRA XR broadened discharge tablets for therapy of patients with chronic genotype 1 (GT1) hepatitis C infection (HCV) infection.

Global Hepatitis C Drugs Market – Restraints

The high capital necessity for manufacturing hepatitis C treating drugs is expected to hamper the development of the hepatitis C drugs market over the forecast time frame. For instance, Hepatitis C drugs are costly, as their manufacturing process requires costly unrefined components such as active pharmaceutical fixings (APIs) and drug intermediates. The production, segregation, and use of unrefined components for pharmaceutical and biopharmaceutical drug production is a complex process and demands a skilled workforce, which adds to the cost of pharmaceuticals,

Global Hepatitis C Drugs Market – Regional Insights

Based on region, the global hepatitis C drugs market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America stands firm on a prevailing foothold in the global hepatitis C drugs market, inferable from the presence of significant companies in the U.S. such as Merck and Co., Inc., AbbVie Inc., Gilead Sciences, Inc., and Johnson and Johnson.

Asia Pacific is expected to be the quickest developing region in the global hepatitis C drugs market, attributable to the increasing endorsement of hepatitis C drugs around here. For instance, in 2018, China Drug Administration (CDA) supported Epclusa (sofosbuvir 400 mg/velpatasvir 100 mg) of Gilead Sciences, Inc. for the therapy of grown-ups with genotype 1-6 chronic hepatitis C infection (HCV) infection in China.

Global Hepatitis C Drugs Market – Competitive Landscape

Vital participants working in the global hepatitis C drugs market include Kadmon Holdings, Inc., Natco Pharma Limited, Johnson & Johnson, Merck & co., Inc., F Hoffmann-la Roche Ltd, Gilead Sciences, Inc., and Abbvie Inc.

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Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Overview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Drug Type
     • Market Snippet, By Distribution Channel
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Market Trends
   • Key Developments
   • Reimbursement scenario
   • Porter’s Analysis
   • PEST Analysis
4. Global Hepatitis C Drugs Market, By Drug Type, 2019 – 2027, (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Interferon Based Therapies
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
   • NS5A Inhibitors
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
   • NS5B Inhibitors
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
   • Protease Inhibitors
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
5. Global Hepatitis C Drugs Market, By Distribution Channel, 2019 – 2027, (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Hospital Pharmacies
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
   • Retail Pharmacies
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
   • Online Pharmacies
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
6. Global Hepatitis C Drugs Market, By Region, 2019 – 2027, (US$ Million)
   • Introduction
     • Market Share Analysis, By Region, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, By Region, 2017 – 2026
     • Regional Trends
   • North America
     • Market Size and Forecast, By Drug Type, 2016 – 2027 , (US$ Million)
     • Market Size and Forecast, By Distribution Channel, 2016 – 2027 , (US$ Million)
     • Market Size and Forecast, By Country, 2016 – 2027 , (US$ Million)
       • U.S.
       • Canada
   • Europe
     • U.K.
     • Germany
     • Italy
     • France
     • Spain
     • Russia
     • Rest of Europe
   • Asia Pacific
     • China
     • Japan
     • India
     • ASEAN
     • Australia
     • South Korea
     • Rest of Asia Pacific
   • Latin America
     • Brazil
     • Mexico
     • Argentina
     • Rest of Latin America
   • Africa
     • North Africa
     • Central Africa
     • South Africa
   • Middle East
     • GCC
     • Israel
     • Rest of Middle East