The chronic hepatitis B market size has grown steadily in recent years. It will grow from $3.62 billion in 2023 to $3.77 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth during the historic period was driven by advancements in antiviral therapy, increased efforts from governments and NGOs, enhanced diagnostic techniques, a rising incidence of HIV, and heightened awareness.
The chronic hepatitis B market size is expected to see steady growth in the next few years. It will grow to $4.47 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. Anticipated growth in the forecast period will be fueled by expanding opportunities in emerging markets, supportive government policies and funding, advancements in diagnostics and screening technologies, rising healthcare spending, increased strategic partnerships and collaborations, a growing elderly population, and heightened public awareness campaigns. Key trends expected in this period include a shift towards curative treatments, expansion into emerging markets, improvements in diagnostics and screening, fostering partnerships and collaborations, and a focus on patient-centered care.
The high prevalence of chronic hepatitis B infection is anticipated to drive the growth of the chronic hepatitis B virus market in the future. Hepatitis B is a liver infection caused by the hepatitis B virus (HBV) and can be prevented through vaccination. The increase in hepatitis B infection rates is particularly evident in low- and middle-income countries, where low vaccination coverage leads to higher transmission rates as large portions of the population remain unprotected. This rising infection rate increases the demand for diagnostic tests and treatment options. For example, according to the European Centre for Disease Prevention and Control, a Sweden-based agency, there were 16,187 cases of hepatitis B virus (HBV) infection recorded in 30 Eastern European Member States in 2021. The total cases amount to 15,380, which is a crude rate of 4.7 cases per 100,000 people, compared to 14,332 cases in 2020. Thus, the high prevalence of hepatitis B infection will boost the chronic hepatitis B virus market.
Major companies in the chronic hepatitis B market are adopting strategic partnerships to enhance their technological capabilities and market reach. A strategic partnership involves a collaborative relationship between two or more organizations that combine their resources, expertise, and efforts to achieve common goals or objectives. For instance, in January 2021, Gilead Sciences Inc., a US-based biopharmaceutical company, collaborated with VIR Biotechnology, a US-based biotech company, to explore novel combination therapies aimed at achieving a functional cure for chronic hepatitis B virus (HBV). They will start a Phase 2 trial assessing various combinations of Gilead’s investigational TLR-8 agonist, selgantolimod, Vir’s investigational siRNA, VIR-2218, and a commercially available PD-1 antagonist. Additionally, treatment-experienced patients may receive Gilead’s Vemlidy (tenofovir alafenamide fumarate, TAF). The primary goal of the trial is to determine the percentage of patients achieving a functional cure, characterized by the disappearance of hepatitis B surface antigen (HBsAg) and HBV DNA from the serum off-therapy.
In November 2023, GSK plc, a pharmaceutical company headquartered in the UK, acquired exclusive rights to a hepatitis B therapy from Janssen Pharmaceuticals for $1 billion. The acquisition includes the rights to JNJ-3989 (also known as ARO-HBV), an antisense oligonucleotide drug. Through this acquisition, GSK aims to enrich its portfolio and reinforce its position in the treatment of chronic hepatitis B by introducing a promising new therapy. Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson based in Belgium, specializes in developing treatments for a range of serious and complex diseases, including infectious diseases such as chronic hepatitis B.
Major companies operating in the chronic hepatitis b market are Pfizer Inc., F Hoffmann-La Roche Ltd, Merck & Co Inc, Bristol-Myers Squibb Company, Novartis AG, GlaxoSmithKline plc, Dynavax Technologies Corporation, Gilead Sciences Inc, Viatris Inc., Teva Pharmaceutical Industries Limited, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Dr. Reddy's Laboratories Ltd., Apotex Corp, Cipla Ltd, Hikma Pharmaceuticals, Lupin Pharmaceuticals Inc, Vir Biotechnology Inc, VBI Vaccines Inc, Shenzhen Hepalink Pharmaceutical Co. Ltd., Accord Healthcare Inc, Par Pharmaceutical Inc, Arrowhead Pharmaceuticals Inc, ViiV Healthcare, Arbutus Biopharma Corporation, Ascentage Pharma, ENYO Pharma, Zydus Pharmaceuticals Inc, Nucorion Pharmaceuticals.
North America was the largest region in the chronic hepatitis B market in 2023. The regions covered in the chronic hepatitis b market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the chronic hepatitis b market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Chronic hepatitis B results from a prolonged infection with the hepatitis B virus (HBV), lasting more than six months. It can potentially cause severe liver damage, liver failure, or liver cancer. While often asymptomatic for years, it can be identified through blood tests and requires ongoing management with antiviral medications and regular monitoring.
In treating chronic hepatitis B, medications primarily consist of antivirals and immunomodulators. Antivirals are specifically designed to hinder the replication and growth of viruses. They play a crucial role in managing chronic hepatitis B by reducing the viral load in the liver and slowing the progression of liver damage.
The chronic hepatitis B market research report is one of a series of new reports that provides chronic hepatitis B market statistics, including chronic hepatitis B industry global market size, regional shares, competitors with an chronic hepatitis B market share, detailed chronic hepatitis B market segments, market trends and opportunities, and any further data you may need to thrive in the chronic hepatitis B industry. This chronic hepatitis B 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 chronic hepatitis B market consists of revenues earned by entities by providing services such as diagnostic testing, treatments, liver function monitoring, patient education, and support programs.The market value includes the value of related goods sold by the service provider or included within the service offering. The chronic hepatitis B market also includes sales of medications, interferons, liver transplant medications, diagnostic kits, liver biopsy equipment, and HBV vaccines. 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 chronic hepatitis B market size is expected to see steady growth in the next few years. It will grow to $4.47 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. Anticipated growth in the forecast period will be fueled by expanding opportunities in emerging markets, supportive government policies and funding, advancements in diagnostics and screening technologies, rising healthcare spending, increased strategic partnerships and collaborations, a growing elderly population, and heightened public awareness campaigns. Key trends expected in this period include a shift towards curative treatments, expansion into emerging markets, improvements in diagnostics and screening, fostering partnerships and collaborations, and a focus on patient-centered care.
The high prevalence of chronic hepatitis B infection is anticipated to drive the growth of the chronic hepatitis B virus market in the future. Hepatitis B is a liver infection caused by the hepatitis B virus (HBV) and can be prevented through vaccination. The increase in hepatitis B infection rates is particularly evident in low- and middle-income countries, where low vaccination coverage leads to higher transmission rates as large portions of the population remain unprotected. This rising infection rate increases the demand for diagnostic tests and treatment options. For example, according to the European Centre for Disease Prevention and Control, a Sweden-based agency, there were 16,187 cases of hepatitis B virus (HBV) infection recorded in 30 Eastern European Member States in 2021. The total cases amount to 15,380, which is a crude rate of 4.7 cases per 100,000 people, compared to 14,332 cases in 2020. Thus, the high prevalence of hepatitis B infection will boost the chronic hepatitis B virus market.
Major companies in the chronic hepatitis B market are adopting strategic partnerships to enhance their technological capabilities and market reach. A strategic partnership involves a collaborative relationship between two or more organizations that combine their resources, expertise, and efforts to achieve common goals or objectives. For instance, in January 2021, Gilead Sciences Inc., a US-based biopharmaceutical company, collaborated with VIR Biotechnology, a US-based biotech company, to explore novel combination therapies aimed at achieving a functional cure for chronic hepatitis B virus (HBV). They will start a Phase 2 trial assessing various combinations of Gilead’s investigational TLR-8 agonist, selgantolimod, Vir’s investigational siRNA, VIR-2218, and a commercially available PD-1 antagonist. Additionally, treatment-experienced patients may receive Gilead’s Vemlidy (tenofovir alafenamide fumarate, TAF). The primary goal of the trial is to determine the percentage of patients achieving a functional cure, characterized by the disappearance of hepatitis B surface antigen (HBsAg) and HBV DNA from the serum off-therapy.
In November 2023, GSK plc, a pharmaceutical company headquartered in the UK, acquired exclusive rights to a hepatitis B therapy from Janssen Pharmaceuticals for $1 billion. The acquisition includes the rights to JNJ-3989 (also known as ARO-HBV), an antisense oligonucleotide drug. Through this acquisition, GSK aims to enrich its portfolio and reinforce its position in the treatment of chronic hepatitis B by introducing a promising new therapy. Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson based in Belgium, specializes in developing treatments for a range of serious and complex diseases, including infectious diseases such as chronic hepatitis B.
Major companies operating in the chronic hepatitis b market are Pfizer Inc., F Hoffmann-La Roche Ltd, Merck & Co Inc, Bristol-Myers Squibb Company, Novartis AG, GlaxoSmithKline plc, Dynavax Technologies Corporation, Gilead Sciences Inc, Viatris Inc., Teva Pharmaceutical Industries Limited, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Dr. Reddy's Laboratories Ltd., Apotex Corp, Cipla Ltd, Hikma Pharmaceuticals, Lupin Pharmaceuticals Inc, Vir Biotechnology Inc, VBI Vaccines Inc, Shenzhen Hepalink Pharmaceutical Co. Ltd., Accord Healthcare Inc, Par Pharmaceutical Inc, Arrowhead Pharmaceuticals Inc, ViiV Healthcare, Arbutus Biopharma Corporation, Ascentage Pharma, ENYO Pharma, Zydus Pharmaceuticals Inc, Nucorion Pharmaceuticals.
North America was the largest region in the chronic hepatitis B market in 2023. The regions covered in the chronic hepatitis b market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the chronic hepatitis b market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Chronic hepatitis B results from a prolonged infection with the hepatitis B virus (HBV), lasting more than six months. It can potentially cause severe liver damage, liver failure, or liver cancer. While often asymptomatic for years, it can be identified through blood tests and requires ongoing management with antiviral medications and regular monitoring.
In treating chronic hepatitis B, medications primarily consist of antivirals and immunomodulators. Antivirals are specifically designed to hinder the replication and growth of viruses. They play a crucial role in managing chronic hepatitis B by reducing the viral load in the liver and slowing the progression of liver damage.
The chronic hepatitis B market research report is one of a series of new reports that provides chronic hepatitis B market statistics, including chronic hepatitis B industry global market size, regional shares, competitors with an chronic hepatitis B market share, detailed chronic hepatitis B market segments, market trends and opportunities, and any further data you may need to thrive in the chronic hepatitis B industry. This chronic hepatitis B 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 chronic hepatitis B market consists of revenues earned by entities by providing services such as diagnostic testing, treatments, liver function monitoring, patient education, and support programs.The market value includes the value of related goods sold by the service provider or included within the service offering. The chronic hepatitis B market also includes sales of medications, interferons, liver transplant medications, diagnostic kits, liver biopsy equipment, and HBV vaccines. 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. Chronic Hepatitis B Market Characteristics3. Chronic Hepatitis B Market Trends and Strategies32. Global Chronic Hepatitis B Market Competitive Benchmarking33. Global Chronic Hepatitis B Market Competitive Dashboard34. Key Mergers and Acquisitions in the Chronic Hepatitis B Market
4. Chronic Hepatitis B Market - Macro Economic Scenario
5. Global Chronic Hepatitis B Market Size and Growth
6. Chronic Hepatitis B Market Segmentation
7. Chronic Hepatitis B Market Regional and Country Analysis
8. Asia-Pacific Chronic Hepatitis B Market
9. China Chronic Hepatitis B Market
10. India Chronic Hepatitis B Market
11. Japan Chronic Hepatitis B Market
12. Australia Chronic Hepatitis B Market
13. Indonesia Chronic Hepatitis B Market
14. South Korea Chronic Hepatitis B Market
15. Western Europe Chronic Hepatitis B Market
16. UK Chronic Hepatitis B Market
17. Germany Chronic Hepatitis B Market
18. France Chronic Hepatitis B Market
19. Italy Chronic Hepatitis B Market
20. Spain Chronic Hepatitis B Market
21. Eastern Europe Chronic Hepatitis B Market
22. Russia Chronic Hepatitis B Market
23. North America Chronic Hepatitis B Market
24. USA Chronic Hepatitis B Market
25. Canada Chronic Hepatitis B Market
26. South America Chronic Hepatitis B Market
27. Brazil Chronic Hepatitis B Market
28. Middle East Chronic Hepatitis B Market
29. Africa Chronic Hepatitis B Market
30. Chronic Hepatitis B Market Competitive Landscape and Company Profiles
31. Chronic Hepatitis B Market Other Major and Innovative Companies
35. Chronic Hepatitis B Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Chronic Hepatitis B Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on chronic hepatitis B 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:
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- Measure the impact of high global inflation on market growth.
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- Benchmark performance against key competitors.
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Description
Where is the largest and fastest growing market for chronic hepatitis B ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The chronic hepatitis B market global 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.
Scope
Markets Covered:
1) By Drug Class: Antivirals; Immune Modulators2) By Gender: Male; Female
3) By Distribution Channel: Hospital Pharmacies; Drug Stores And Retail Pharmacies; Online Providers
Key Companies Mentioned: Pfizer Inc.; F Hoffmann-La Roche Ltd; Merck & Co Inc; Bristol-Myers Squibb Company; Novartis AG
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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.77 Billion |
Forecasted Market Value ( USD | $ 4.47 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |