Analysts Forecast For Global Hepatitis C Market 2014-2018


Posted October 8, 2014 by sarahjohnsonn

TechNavio's analysts forecast the Global Hepatitis C market to grow at a CAGR of 19.20 percent over the period 2013-2018.

 
About Hepatitis C
Hepatitis C is a liver disease caused by infection due to hepatitis C virus. Hepatitis C infection predominantly affects the liver; however, other parts of the body are also affected such as the brain and the digestive system. Hepatitis C virus is an RNA virus belonging to the family Flaviviridae and genus hepacivirus. It has a positive-sense, single-stranded RNA molecule enveloped by a lipid bilayer. Hepatitis C can lead to acute infection or chronic infection. Nearly 80 percent of the infected individuals suffering from acute infection are asymptomatic. Symptoms manifested in the rest include nausea, dark urine, fever, anorexia, gray-colored faces, abdominal pain, and joint pain. Nearly 20 percent of infected individuals develop jaundice, which is characterized by the yellowing of skin and eyes. Nearly 15-45 percent of acutely infected individuals recover from the infection spontaneously within the first six months of infection. This happens because the immune system mediated the clearance of the virus from the body. The remaining 55-85 percent of infected individuals who fail to clear the virus within six months develop chronic hepatitis C phase. Chronic infection can lead to mild-to-moderate symptoms or chronic symptoms such as liver fibrosis, liver cirrhosis, and hepatic cancer. The World Health Organization (WHO) estimates that globally, 130-150 million people suffer from chronic hepatitis B. It also reported that every year 350,000-500,000 infected individuals die because of hepatitis C-related hepatic disorders. Currently, there is no vaccine for the prevention of hepatitis C infection; however, various treatment options for hepatitis C infection are available.
TechNavio's analysts forecast the Global Hepatitis C market to grow at a CAGR of 19.20 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Hepatitis C market for the period 2014-2018. To calculate the market size, the report considers the revenue generated through sales of various drugs administered to treat chronic hepatitis caused by genotype 1-6 of hepatitis C virus.
TechNavio's report, the Global Hepatitis C Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Hepatitis C market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors
F. Hoffmann-La Roche
Gilead Sciences
Johnson & Johnson
Merck
Vertex Pharmaceuticals
Other Prominent Vendors
Abbvie
Achillion Pharmaceuticals
Bristol-Myers Squibb
Mitsubishi Tanabe Pharma
Novartis
Market Driver
Increase in Injection Drug Users
For a full, detailed list, view our report
Market Challenge
Side-effects of Current Therapy
For a full, detailed list, view our report

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Issued By Global market Research
Website Global Hepatitis C Market 2014-2018
Country India
Categories Business
Tags hepatitis c market size
Last Updated October 8, 2014