The hepatitis C drugs market size has the potential to grow by USD 252.89 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 0.71%.
This report provides a detailed analysis of the market by product (combination therapy and monotherapy), geography (Asia, Europe, North America, and ROW), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- AbbVie Inc.
- Astellas Pharma Inc.
- Bristol-Myers Squibb Co.
- Cipla Inc.
- F. Hoffmann-La Roche Ltd.
- Gilead Sciences Inc.
- GlaxoSmithKline Plc
- Johnson & Johnson
- Merck & Co. Inc.
- Vertex Pharmaceuticals Inc.
The hepatitis C drugs market is fragmented and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing demand for direct-acting antivirals to achieve growth opportunities. However, factors such as side effects of available drugs will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the hepatitis C drugs market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This hepatitis C drugs market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.
Hepatitis C Drugs Market: Segmentation by Geography
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47% of the market’s growth will originate from Asia during the forecast period. China and Japan are the key markets for hepatitis C drugs in Asia. Market growth in Asia will be faster than the growth of the market in other regions.
Generic drug approvals and emerging patient benefit schemes in various countries will facilitate the hepatitis C drugs market growth in Asia over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Hepatitis C Drugs Market: Segmentation by Product
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Combination therapy involves the use of two or more therapeutic agents for the treatment of a disease. Manufacturers have developed a single dosage form by combining two to three different types of antivirals for the treatment of hepatitis C. The combination therapy segment is expected to dominate the hepatitis C drugs market due to the huge demand for combination therapies and their proven cost-effectiveness to manage the long clinical course of hepatitis C.
This report provides an accurate prediction of the contribution of all the segments to the growth of the hepatitis C drugs market size. Fetch actionable market insights on post COVID19 impact on each segment.
Hepatitis C Drugs Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive hepatitis C drugs market growth during the next five years
- Precise estimation of the hepatitis C drugs market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the hepatitis C drugs industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hepatitis C drugs market vendors
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