The hepatitis c market size has grown rapidly in recent years. It will grow from $59.58 billion in 2023 to $68.25 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth observed in the historical period can be attributed to factors such as blood transfusion practices, injection drug use, limited treatment options, and the development of direct-acting antivirals (DAAs).
The hepatitis c market size is expected to see rapid growth in the next few years. It will grow to $117.94 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The anticipated growth in the forecast period can be attributed to global elimination efforts, improved testing and screening practices, increasing healthcare spending, the integration of telemedicine, and the emergence of therapeutic combinations. Notable trends expected in the forecast period include a focus on accessible and affordable treatment options, targeted efforts for high-risk groups, advancements in drug formulations, collaborative initiatives and partnerships, as well as the integration of telehealth and digital solutions in hepatitis C management.
The hepatitis C market is anticipated to experience growth driven by an increase in viral infections. Viral infections, caused by viruses within the body, are addressed by hepatitis C treatment, which aims to eradicate the viral infection and restore the immune response in patients. As reported by the European Centre for Disease Prevention and Control, 14,560 cases of hepatitis C were reported in 29 European Economic Area (EEA) member states in 2021, marking an increase from the previous year's 13,914 cases. This rise in viral infections serves as a significant factor propelling the hepatitis C market.
The prevalence of hepatitis is expected to contribute to the growth of the hepatitis C market. Hepatitis, an inflammatory liver condition commonly caused by viral infections, particularly hepatitis viruses A, B, C, D, and E, is a focus area for the Hepatitis C market. Data from the World Health Organization (WHO) in July 2021 revealed an estimated 58 million individuals with chronic hepatitis C virus infection, experiencing 1.5 million new infections annually. The increasing prevalence of hepatitis is a key driver for the growth of the hepatitis C market.
A noteworthy trend gaining popularity in the hepatitis C market is the advancement in diagnostic technologies. Major companies in the market are adopting new technologies to maintain their market positions. In July 2022, F. Hoffmann-La Roche Ltd. introduced the Elecsys HCV Duo immunoassay, allowing the independent and simultaneous determination of hepatitis C virus (HCV) antigen and antibody status from a single human plasma or serum sample. The test aids in identifying patients recovering from or exhibiting symptoms of chronic infection, potentially leading to other diseases such as liver cancer.
Strategic alliances are a focal point for major companies operating in the hepatitis C market to strengthen their positions. In July 2021, Médecins Sans Frontières (MSF), FIND, and Treatment Action Group joined forces to address disparities in access to diagnostics and treatment for the hepatitis C virus (HCV) in low- and middle-income countries (LMICs). The partnership emphasizes the significance of collaborative efforts to save lives, reduce costs in national budgets, and prove cost-effective.
In September 2022, Gilead Sciences Inc. partnered with Brigham and Women's Hospital, Harvard Medical School, and Beth Israel Deaconess Medical Center for Health Advancement in Vietnam (HAIVN). This public-private initiative aims to improve the management of viral hepatitis in Vietnam and the Philippines, aligning with the global goal of hepatitis C elimination by 2030. The collaboration involves institutions such as Brigham and Women's Hospital and Beth Israel Deaconess Medical Center in the U.S. and Harvard Medical School.
Major companies operating in the hepatitis c market report are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffman La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Sumitomo Corporation , GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH., Amgen Inc., Toray Industries Inc., Mylan N.V., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Biogen Inc., Vertex Pharmaceuticals Incorporated, Daiichi Sankyo Company Limited, Eisai Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Aurobindo Pharma Ltd., Cipla Ltd., Lupin Limited, Cadila Healthcare Ltd., LEO Pharma A/S, Biocon Limited, Kadmon Holdings Inc.
North America was the largest region in the hepatitis C market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hepatitis c market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hepatitis c market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main types of hepatitis C are chronic hepatitis C, acute hepatitis C, and others. Chronic hepatitis C denotes a persistent infection caused by the hepatitis C virus, occurring when the body is unable to effectively combat the virus. Treatment options for chronic hepatitis C include antiviral drugs, vaccines, immune modulator drugs, surgery, and others. The diagnostic process typically involves liver biopsy, blood tests, imaging tests, and others, with distribution through hospital and retail pharmacies, as well as online pharmacies. End-users encompass hospitals, clinics, ambulatory surgical centers, diagnostic laboratories, research institutes, and home care settings.
The hepatitis C market research report is one of a series of new reports that provides hepatitis C market statistics, including hepatitis C industry global market size, regional shares, competitors with a hepatitis C market share, detailed hepatitis C market segments, market trends, and opportunities, and any further data you may need to thrive in the hepatitis C industry. This hepatitis C market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hepatitis C market consists of revenues earned by entities by providing shunt procedures, hepatic resection, and biopsies. The market value includes the value of related goods sold by the service provider or included within the service offering. The hepatitis C market also includes sales of ledipasvir and sofosbuvir, non-structural protein 5B (NS5B) polymerase inhibitors, non-structural protein 5A (NS5A) replication complex inhibitors, and elbasvir and grazoprevir drugs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The hepatitis c market size is expected to see rapid growth in the next few years. It will grow to $117.94 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The anticipated growth in the forecast period can be attributed to global elimination efforts, improved testing and screening practices, increasing healthcare spending, the integration of telemedicine, and the emergence of therapeutic combinations. Notable trends expected in the forecast period include a focus on accessible and affordable treatment options, targeted efforts for high-risk groups, advancements in drug formulations, collaborative initiatives and partnerships, as well as the integration of telehealth and digital solutions in hepatitis C management.
The hepatitis C market is anticipated to experience growth driven by an increase in viral infections. Viral infections, caused by viruses within the body, are addressed by hepatitis C treatment, which aims to eradicate the viral infection and restore the immune response in patients. As reported by the European Centre for Disease Prevention and Control, 14,560 cases of hepatitis C were reported in 29 European Economic Area (EEA) member states in 2021, marking an increase from the previous year's 13,914 cases. This rise in viral infections serves as a significant factor propelling the hepatitis C market.
The prevalence of hepatitis is expected to contribute to the growth of the hepatitis C market. Hepatitis, an inflammatory liver condition commonly caused by viral infections, particularly hepatitis viruses A, B, C, D, and E, is a focus area for the Hepatitis C market. Data from the World Health Organization (WHO) in July 2021 revealed an estimated 58 million individuals with chronic hepatitis C virus infection, experiencing 1.5 million new infections annually. The increasing prevalence of hepatitis is a key driver for the growth of the hepatitis C market.
A noteworthy trend gaining popularity in the hepatitis C market is the advancement in diagnostic technologies. Major companies in the market are adopting new technologies to maintain their market positions. In July 2022, F. Hoffmann-La Roche Ltd. introduced the Elecsys HCV Duo immunoassay, allowing the independent and simultaneous determination of hepatitis C virus (HCV) antigen and antibody status from a single human plasma or serum sample. The test aids in identifying patients recovering from or exhibiting symptoms of chronic infection, potentially leading to other diseases such as liver cancer.
Strategic alliances are a focal point for major companies operating in the hepatitis C market to strengthen their positions. In July 2021, Médecins Sans Frontières (MSF), FIND, and Treatment Action Group joined forces to address disparities in access to diagnostics and treatment for the hepatitis C virus (HCV) in low- and middle-income countries (LMICs). The partnership emphasizes the significance of collaborative efforts to save lives, reduce costs in national budgets, and prove cost-effective.
In September 2022, Gilead Sciences Inc. partnered with Brigham and Women's Hospital, Harvard Medical School, and Beth Israel Deaconess Medical Center for Health Advancement in Vietnam (HAIVN). This public-private initiative aims to improve the management of viral hepatitis in Vietnam and the Philippines, aligning with the global goal of hepatitis C elimination by 2030. The collaboration involves institutions such as Brigham and Women's Hospital and Beth Israel Deaconess Medical Center in the U.S. and Harvard Medical School.
Major companies operating in the hepatitis c market report are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffman La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Sumitomo Corporation , GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH., Amgen Inc., Toray Industries Inc., Mylan N.V., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Biogen Inc., Vertex Pharmaceuticals Incorporated, Daiichi Sankyo Company Limited, Eisai Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Aurobindo Pharma Ltd., Cipla Ltd., Lupin Limited, Cadila Healthcare Ltd., LEO Pharma A/S, Biocon Limited, Kadmon Holdings Inc.
North America was the largest region in the hepatitis C market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hepatitis c market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hepatitis c market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main types of hepatitis C are chronic hepatitis C, acute hepatitis C, and others. Chronic hepatitis C denotes a persistent infection caused by the hepatitis C virus, occurring when the body is unable to effectively combat the virus. Treatment options for chronic hepatitis C include antiviral drugs, vaccines, immune modulator drugs, surgery, and others. The diagnostic process typically involves liver biopsy, blood tests, imaging tests, and others, with distribution through hospital and retail pharmacies, as well as online pharmacies. End-users encompass hospitals, clinics, ambulatory surgical centers, diagnostic laboratories, research institutes, and home care settings.
The hepatitis C market research report is one of a series of new reports that provides hepatitis C market statistics, including hepatitis C industry global market size, regional shares, competitors with a hepatitis C market share, detailed hepatitis C market segments, market trends, and opportunities, and any further data you may need to thrive in the hepatitis C industry. This hepatitis C market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hepatitis C market consists of revenues earned by entities by providing shunt procedures, hepatic resection, and biopsies. The market value includes the value of related goods sold by the service provider or included within the service offering. The hepatitis C market also includes sales of ledipasvir and sofosbuvir, non-structural protein 5B (NS5B) polymerase inhibitors, non-structural protein 5A (NS5A) replication complex inhibitors, and elbasvir and grazoprevir drugs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Hepatitis C Market Characteristics3. Hepatitis C Market Trends and Strategies32. Global Hepatitis C Market Competitive Benchmarking33. Global Hepatitis C Market Competitive Dashboard34. Key Mergers and Acquisitions in the Hepatitis C Market
4. Hepatitis C Market - Macro Economic Scenario
5. Global Hepatitis C Market Size and Growth
6. Hepatitis C Market Segmentation
7. Hepatitis C Market Regional and Country Analysis
8. Asia-Pacific Hepatitis C Market
9. China Hepatitis C Market
10. India Hepatitis C Market
11. Japan Hepatitis C Market
12. Australia Hepatitis C Market
13. Indonesia Hepatitis C Market
14. South Korea Hepatitis C Market
15. Western Europe Hepatitis C Market
16. UK Hepatitis C Market
17. Germany Hepatitis C Market
18. France Hepatitis C Market
19. Italy Hepatitis C Market
20. Spain Hepatitis C Market
21. Eastern Europe Hepatitis C Market
22. Russia Hepatitis C Market
23. North America Hepatitis C Market
24. USA Hepatitis C Market
25. Canada Hepatitis C Market
26. South America Hepatitis C Market
27. Brazil Hepatitis C Market
28. Middle East Hepatitis C Market
29. Africa Hepatitis C Market
30. Hepatitis C Market Competitive Landscape and Company Profiles
31. Hepatitis C Market Other Major and Innovative Companies
35. Hepatitis C Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Hepatitis C Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on hepatitis c market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for hepatitis c? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Chronic Hepatitis C; Acute Hepatitis C; Other Types
2) By Treatment: Antiviral Drugs; Vaccine; Immune Modulator Drugs; Surgery; Other Treatments
3) By Diagnosis: Liver Biopsy; Blood Tests; Imaging Tests; Other Diagnosis
4) By Distribution Channel: Hospital and Retail Pharmacies; Online Pharmacies
5) By End-user: Hospitals; Clinics; Ambulatory Surgical Centers; Diagnostic Laboratories; Research Institutes; Home Care Settings
Key Companies Mentioned: Pfizer Inc.; Johnson & Johnson Services Inc.; F. Hoffman La Roche Ltd.; Merck & Co. Inc.; AbbVie Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Pfizer Inc.
- Johnson & Johnson Services Inc.
- F. Hoffman La Roche Ltd.
- Merck & Co. Inc.
- AbbVie Inc.
- Bayer AG
- Novartis AG
- Bristol-Myers Squibb Company
- Sumitomo Corporation
- GlaxoSmithKline plc
- Takeda Pharmaceutical Company Limited
- Eli Lilly and Company
- Boehringer Ingelheim International GmbH.
- Amgen Inc.
- Toray Industries Inc.
- Mylan N.V.
- Teva Pharmaceutical Industries Ltd.
- Astellas Pharma Inc.
- Biogen Inc.
- Vertex Pharmaceuticals Incorporated
- Daiichi Sankyo Company Limited
- Eisai Co. Ltd.
- Otsuka Pharmaceutical Co. Ltd.
- Aurobindo Pharma Ltd.
- Cipla Ltd.
- Lupin Limited
- Cadila Healthcare Ltd.
- LEO Pharma A/S
- Biocon Limited
- Kadmon Holdings Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 68.25 Billion |
Forecasted Market Value ( USD | $ 117.94 Billion |
Compound Annual Growth Rate | 14.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |