Global Liver Cirrhosis Treatment Market

Liver Cirrhosis Treatment Market Size, Share, Growth Analysis, By Treatment Modality(Antiviral, Vaccines, Chemotherapy, Immunosuppressive Agents), By Disease(Hepatitis, Non-alcoholic Fatty Liver Disease, Alcohol-induced, and Liver Cancer), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2887 | Region: Global | Published Date: May, 2024
Pages: 218 | Tables: 66 | Figures: 74

Liver Cirrhosis Treatment Market Insights

Liver Cirrhosis Treatment Market size was valued at USD 17.76 Billion in 2023 and is poised to grow from USD 18.9 Billion in 2024 to USD 31.09 Billion by 2032, growing at a CAGR of 6.42% during the forecast period (2025-2032).

Cirrhosis of the liver is a disease characterized by severe liver damage and scarring, leading to liver failure. Major pharmaceutical companies are doing a lot of research to develop new drugs for liver disease. Rapid lifestyle changes increase the risk of liver disease in humans. In addition, people with hepatitis, cystic fibrosis, syphilis, alpha-1 antitrypsin deficiency, alcohol abuse, and other liver diseases are at increased risk of developing cirrhosis of the liver, 887,000 people (about half the population of Idaho) died from hepatitis B. Most of these deaths were from to the fact that these patients had hepatitis B with liver cirrhosis and hepatocellular carcinoma (mainly cancer of the liver).

Key trends likely to drive the growth of the global liver cirrhosis treatment market include population of liver disease, increasing alcohol consumption and poor diet, according to a research study published in Clinical Liver Disease in June 2021. Chronic liver disease affecting about 1.5 billion people worldwide (CLD) is one of the leading causes of death and morbidity worldwide. Moreover, the most common cause of disease is liver non-alcoholic disease (NAFLD) (59%), followed by hepatitis B (2013), according to a June 2021 publication by the American Association for the Study of Liver Diseases. 29%), had hepatitis C (9%), and alcoholic liver disease (ALD) (2%). Furthermore, according to a study published in Clinical and Molecular Hepatology in October 2022, the prevalence of non-alcoholic fatty liver disease (NAFLD) is predicted to be 55.7% by 2040, worldwide therefore liver increasing infections helped to penetrate all markets.

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Liver Cirrhosis Treatment Market size was valued at USD 17.76 Billion in 2023 and is poised to grow from USD 18.9 Billion in 2024 to USD 31.09 Billion by 2032, growing at a CAGR of 6.42% during the forecast period (2025-2032).

The competitive environment of the Global Liver Cirrhosis Treatment Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. The liver cirrhosis treatment market is fragmented, with several key players. In terms of market share, the market is currently dominated by a few major players. The companies currently dominating the market include Abbott Laboratories, Gilead Sciences, Novartis AG, Sanofi, Astellas Pharma, Inc. and others. 'Pfizer, Inc.', 'Merck & Co., Inc.', 'Novartis AG', 'Takeda Pharmaceuticals Company Ltd.', 'Zydus Pharmaceuticals, Inc.', 'Gilead Science, Inc.', 'Sanofi S.A.', 'AstraZeneca plc', 'GSK plc', 'AbbVie Inc.', 'Abbott Laboratories', 'Astellas Pharma Inc.', 'Bristol Myers Squibb', 'Eli Lilly and Company', 'F. Hoffman-LA Roche', 'Emergent BioSolutions (Cangene bioPharma)', 'Gilead Sciences, Inc.,', 'Merck & Co., Inc. (Merck Sharp & Dohme Corp.)', 'Viatris Inc.'

Liver disease is still very common worldwide. Due to sedentary lifestyle, inactivity and especially poor diet, many people are suffering from liver disease. The aging population is getting older, and autoimmune diseases such as hepatitis and non-alcoholic fatty liver are on the rise. We can also attribute the significant increase in cases to alcohol consumption greater than. Increasing availability of therapies for liver diseases will drive the global market for treatment of liver diseases. In response to increased demand for hepatitis treatment, healthcare organizations funded the development of new drugs, devices, and treatment options, supported by biotechnology and research institutes around the world greatly led to the development of new drugs for the treatment of liver disease. Due to the growth and development, the market for treatment of liver diseases will be highly competitive and prosperous. This is expected to open lucrative opportunities for market participants and accelerate market growth.

Rising Research and Development Efforts: Increasing R&D efforts to develop new therapies and therapeutic targets for liver disease, increasing services and funding for prevention, diagnosis and treatment of liver disease, increasing liver disease awareness, if needed the need for early diagnosis and healthcare costs. Increasing aging population, increasing awareness, improving healthcare infrastructure, increasing disposable income in emerging markets and increasing advancement in surgical procedures, procedures not taken more penetration and radiology interventions further support the growth of the market.

The largest regional market. cirrhosis of the liver is common in the United States. In the U.S. saw 88,000 deaths from alcohol-related liver disease and hepatitis. Additionally, the health care system in the U.S. has 88,000 deaths from alcohol-related liver disease is also growing, contributing to the growth of the global liver cirrhosis treatment market. Furthermore, Pfizer Inc. has a strong presence in the market.

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Global Liver Cirrhosis Treatment Market

Report ID: SQMIG35A2887

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