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How Will the Chronic Hepatitis B Market’s Growth Rate Evolve Over the Forecast Period to 2034?

In the past few years, the size of the chronic hepatitis B market has been expanding consistently. The market is projected to rise from $3.77 billion in 2024 to $3.94 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.5%. This increase in the preceding phase can be ascribed to advancements in antiviral treatment, the expansion of government and NGO efforts, enhancements in diagnostic methods, an upward trend in HIV prevalence, and growing consciousness.

In the coming years, it is anticipated that the market for chronic hepatitis B will undergo stable expansion. Projected to rise to $4.65 billion in the year 2029, it boasts a compound annual growth rate (CAGR) of 4.2%. This progressive growth throughout the forecast period can be ascribed to multiple factors such as the emergence of expanding markets, growth in government policies and funding, advancements in diagnostics and screenings, increase in healthcare spending, rise in strategic alliances, an aging populace, and the impact of public awareness programs. Significant trends to watch in the forecast period encompass a transition to corrective treatments, market expansion in burgeoning economies, improved diagnostic and screening approaches, strategic partnerships, and increasing emphasis on patient-focused medical care.

What Industry-Specific Factors Are Fueling the Growth of the Chronic Hepatitis B Market?

The prominent presence of chronic hepatitis B infection is predicted to drive the expansion of the chronic hepatitis B virus market. Hepatitis B, a liver infection caused by the hepatitis B virus (HBV), can be prevented by vaccination. The surge in hepatitis B infection rates can be attributed to several factors, especially low vaccination rates in low- to middle-income countries, leading to a greater transmission rate as large segments of their populations remain unprotected. This increase in infection rates could escalate the necessity for diagnostic tests and treatment solutions. For example, a report issued in June 2024 by the US-based government agency, Centers for Disease Control and Prevention (CDC), stated that raising global hepatitis B vaccination coverage to 90% and providing 80% treatment access could avert 26 million new infections and 9 million deaths related to hepatitis B from 2022 to 2050. In 2022, 1.2 million new hepatitis B virus (HBV) infection cases were recorded. Thus, the extensive prevalence of hepatitis B infection is set to fuel the chronic hepatitis B virus market.

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Who Are the Influential Players Reshaping the Chronic Hepatitis B Market Landscape?

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

What New and Evolving Trends Are Having a Lasting Impact on the Chronic Hepatitis B Market?

Prominent businesses active in the chronic hepatitis B market are concentrating on emerging technologies like innovative antiviral treatments. These advanced therapies aim to combat viral infections, particularly those that are resistant, by halting their replication and deploying sophisticated delivery methods. They are currently undergoing clinical examinations to ascertain their safety and efficacy, including bepirovirsen for chronic hepatitis B. For example, GSK plc, a British multinational pharmaceutical and biotechnology firm that excels in the research, production, and promotion of a diverse selection of healthcare products, was granted the Fast Track designation from the U.S. Food and Drug Administration (FDA) in February 2024 for bepirovirsen. This experimental antisense oligonucleotide (ASO) is intended to treat chronic hepatitis B (CHB). Bepirovirsen is engineered to target and break down the hepatitis B virus’ (HBV) RNA, thus potentially letting the immune system regain control over the infection. Notably, this drug has shown encouraging outcomes in Phase IIb studies, namely the B-Clear and B-Sure trials, demonstrating effectiveness in lowering hepatitis B surface antigen (HBsAg) counts and ensuring persistent viral suppression.

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Which Primary Segments of the Chronic Hepatitis B Market Are Driving Growth and Industry Transformations?

The chronic hepatitis B market covered in this report is segmented –

1) By Drug Class: Antivirals, Immune Modulators

2) By Gender: Male, Female

3) By Distribution Channel: Hospital Pharmacies, Drug Stores And Retail Pharmacies, Online Providers

Subsegments:

1) By Antivirals: Nucleos(T)Ide Analogs (Tenofovir, Entecavir), Interferons (Pegylated Interferon)

2) By Immune Modulators: Immune Checkpoint Inhibitors, Therapeutic Vaccines (HBV Vaccines Under Development)

Which Geographic Locations Are Critical to the Growth of the Chronic Hepatitis B Market?

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.

What Are the Key Characteristics That Define the Chronic Hepatitis B Market?

Chronic hepatitis B is a long-term infection with the hepatitis B virus (HBV) lasting over six months, potentially leading to severe liver damage, liver failure, or liver cancer. It is often asymptomatic for years but can be detected through blood tests and managed with antiviral medications and regular monitoring.

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