Global Hepatic Encephalopathy Market
Overview:
Hepatic encephalopathy is a nervous system disorder brought on by severe liver disease. The exact cause of hepatic encephalopathy is unknown. However, it’s usually triggered by a buildup of toxins in the bloodstream. It is a serious but treatable condition. Treatment includes ammonia reduction medication and antibiotics.
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Drivers:
High prevalence of hepatitis C and hepatic cirrhosis around the world is expected to augment growth of the global hepatic encephalopathy market. For instance, as per the article published in 2018 in the CMAJ Open journal, liver cirrhosis prevalence is expected to increase with the rise in prevalence of hepatitis C and non-alcoholic fatty liver disease in Canada. Around 30% of people in Canada suffer from liver disease.
Moreover, players in the market are adopting various strategies, such as mergers/acquisitions, to strengthen their market position as well as to expand the product portfolio. This in turn is also expected to boost growth of the global hepatic encephalopathy market. For instance, in April 2018, Ferring Pharmaceuticals announced the acquisition of Rebiotix Inc. to explore and understand the human microbiome and to develop new solutions for patients.
Moreover, increasing number of clinical trials and rapid development of new drugs is expected to aid in the growth of the global hepatic encephalopathy market. For instance, in August 2019, Mallinckrodt announced that the company has enrolled the first patient in a phase IIa study on its investigational oral drug MNK-6106 (L-ornithine phenylacetate) to treat hepatic cirrhosis and hepatic encephalopathy.
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COVID-19 Impact:
The outbreak of COVID-19 (pandemic) has had a negative impact on the growth of the hepatic encephalopathy market. In September 2020, the National center for Biotechnology Information (NCBI) reported that people with severe liver damage need hepatic encephalopathy treatment and treatment may be delayed owing to the outbreak. This is attributed to the unavailability of laxatives, antibiotics, and other medicines and irregular supply and transportation of medicines.
Moreover, in September 2020, the U.S. Food and Drug Administration (FDA) reported that the pandemic has disrupted the supply of drugs due to safety initiatives and temporary shutdowns enforced by several governments to curb the spread of the virus.
Competitive landscape:
Major players active in the global hepatic encephalopathy market are Cosmo Pharmaceuticals N.V., ASKA Pharmaceutical Co., Ltd., Kaleido Biosciences, Lupin Limited, Bausch Health Companies Inc., Kannalife Sciences, Inc., Ferring Pharmaceuticals Inc., Umecrine Cognition AB, Abbott Laboratories, and Mallinckrodt Pharmaceuticals, Norgine, and QR Science and Technology Development Co. Ltd., among others.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Drug Class
- Market Snippet, By Route of Administration
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Epidemiology
- Key Developments
- Regulatory Scenario
- Reimbursement Scenario
- PEST Analysis
- Market Dynamics
- Global Hepatic Encephalopathy Market – Covid โ 19 Impact Analysis
- During Covid-19 Market Situation
- Supply Side and Demand Side Analysis
- Overall Impact on Countries
- Global Hepatic Encephalopathy Market, By Drug Class, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Antibiotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Laxatives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- L-ornithine L-aspartate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Hepatic Encephalopathy Market, By Route of Administration, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Intravenous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Rectal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Hepatic Encephalopathy Market, By Distribution Channel, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2020 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)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/hepatic-encephalopathy-market-to-surpass-us-41513-million-by-2026-1374
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