Liver Fibrosis Market Destine to Reach USD 38.74 Billion with Growing CAGR of 11.30% By 2029

PRESS RELEASE
Published May 24, 2023

A Qualitative Research Study accomplished by Data Bridge Market research’s database of 350 pages, titled as “Liver Fibrosis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. To make the business successful, adopting such Global Liver Fibrosis Market research report is one the vital keys. Market research study finds out the general market conditions while working on this report.

It also figures out the probable market for a new product to be launched, assesses client company’s market share and possible sales volume. Moreover, it recognizes the types of consumers, their response and views about the products, and their thoughts for the step up of a product. The persuasive Liver Fibrosis report also estimates the most appropriate method for the distribution of certain product.

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Data Bridge Market Research analyses that the liver fibrosis market was valued at USD 16.45 billion in 2021 and is expected to reach USD 38.74 billion by 2029, registering a CAGR of 11.30% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Overview:

Repeated or persistent liver damage results in an unusually high quantity of scar tissue in the liver, which is known as liver fibrosis. Fibrosis has no symptoms, but extensive scarring causes cirrhosis, which causes symptoms. Healthcare providers use blood and imaging tests to determine the severity of the condition, and liver biopsy. Healthcare practitioners focus on treating the source of liver fibrosis, which often stops or slows additional scarring of the liver and leads to a better outcome. Antiviral medications and the removal or dissolution of a blockage in the bile ducts, are all potential treatments for liver fibrosis.

In recent years, the liver fibrosis market is anticipated to grow rapidly during the forecast period. As per the 2019 study “Burden of Liver Diseases in the World,” liver illness causes roughly 2 million fatalities worldwide, with 1 million deaths due to cirrhosis complications and 1 million deaths due to viral hepatitis and hepatocellular cancer. Healthcare practitioners concentrate on treating liver fibrosis by addressing the underlying cause of the disease to prevent or slow the scarring of the liver. Chronic alcohol consumption, autoimmune hepatitis, storage and metabolism disorders such as Wilson disease, Galactosemia, Fructosemia, glycogen storage diseases, iron overload symptoms, Gaucher disease, bacterial, parasite, and viral infections, and disorders affecting hepatic blood flow, among others, are all possible risk factors for liver fibrosis management.

Some of the major players operating in the liver fibrosis market are:

  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Mylan N.V. (US)
  • Teva Pharmaceutical Industries Ltd.(Israel)
  • Sanofi (France)
  • Pfizer Inc. (US)
  • GlaxoSmithKline plc (UK)
  • Novartis AG (Switzerland)
  • AstraZeneca (UK)
  • Johnson & Johnson Private Limited (US)
  • Sun Pharmaceutical Industries Ltd. (India)
  • Merck & Co., Inc. (US)
  • Bristol-Myers Squibb Company (US)
  • Gilead Sciences, Inc. (US)
  • Vertex Pharmaceuticals Incorporated (US)
  • FibroGen, Inc. (US)
  • Pharmaxis Ltd (Australia)
  • Dicerna Pharmaceuticals, Inc. (US)
  • Dynavax Technologies (US)

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Liver Fibrosis Market Regional Analysis/Insights

The Liver Fibrosis Market is analyzed and market size insights and trends are provided by country, product and distribution channel as referenced above.

  • The countries covered in the Liver Fibrosis Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
  • North America dominates the Liver Fibrosis Market due to the rise in the product visibility across multi-retail outlets. Furthermore, the presence of large multinational companies concentrating their attention on providing superior quality hair care products including styling products, conditioner, color, and shampoo will further boost the growth of the Liver Fibrosis Market in the region during the forecast period.
  • Asia-Pacific is projected to observe significant amount of growth in the Liver Fibrosis Market due to the rise in the internet penetration and push of e-commerce companies. Moreover, the growing usage of premium hair care products is further anticipated to propel the growth of the Liver Fibrosis Market in the region in the coming years.

Table of Content:

Section 01: Executive Summary

Section 02: Scope of The Report

Section 03: Research Methodology

Section 04: Introduction

Section 05: Market Landscape

Section 06: Market Sizing

Section 07: Five Forces Analysis

Section 08: Market Segmentation by Product

Section 09: Market Segmentation by Application

Section 10: Customer Landscape

Section 11: Market Segmentation by End-User

Section 12: Regional Landscape

Section 13: Decision Framework

Section 14: Drivers and Challenges

Section 15: Market Trends

Section 16: Competitive Landscape

Section 17: Company Profiles

Section 18: Appendix

For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-liver-fibrosis-market

The following are the regions covered in this report.

  • North America [U.S., Canada, Mexico]
  • Europe [Germany, UK, France, Italy, Rest of Europe]
  • Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
  • South America [Brazil, Argentina, Rest of Latin America]
  • The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

This study answers to the below key questions:

  1. What are the key factors driving the Liver Fibrosis Market?
  2. What are the challenges to market growth?
  3. Who are the key players in the Liver Fibrosis Market?
  4. What are the market opportunities and threats faced by the key players?

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