Top Growth Trends in the Hepatorenal Syndrome Treatment Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Hepatorenal Syndrome Treatment Market?
The hepatorenal syndrome treatment market is set to expand owing to the rising occurrences of liver damage or cirrhosis patients. Cirrhosis is an advanced liver disease where beneficial liver tissue is permanently overwritten by scar tissue. The objective of hepatorenal syndrome treatment is to maintain the kidney function of the patient while easing the symptoms and negative effects of the condition. This can lead to improved overall health and position someone as a stronger candidate for liver transplant surgery. For example, in July 2023, data from the British Liver Trust, a charity organization based in the UK, revealed a 22% rise in hospital admissions in England due to liver disease within merely a year. The numbers jumped from 67,458 in 2021 to 82,290 in the fiscal year that ended in 2022. Consequently, the growth in the hepatorenal syndrome treatment market is fueled by the heightened incidences of patients grappling with liver damage or cirrhosis.
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#What Are the Key Projections for the CAGR of the Hepatorenal Syndrome Treatment Market From 2025 to 2034?
The market size for hepatorenal syndrome treatment has significantly expanded in the last few years. The market is projected to increase from $14.49 billion in 2024 to $15.31 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.7%. The robust growth during the previous period can be ascribed to the expansion of the automotive industry, the needs of the aerospace sector, benefits in material utilization, enhanced mechanical attributes, strict industry norms, and strides made in efficiency and precision.
Forecasted robust expansion is anticipated in the hepatorenal syndrome treatment market in the forthcoming years. The projections estimate the market to escalate to “$19.94 billion in 2029,” experiencing a compound annual growth rate (CAGR) of 6.8%. The expected surge within the forecast period is majorly due to amplifying renewable energy projects, augmented demand for high-performance alloys, focus on eco-friendly manufacturing, expansion of oil and gas investigation, and requirement for high-performance components. Key trends within the forecast period encompass the incorporation of industry 4.0 technologies, advancements in forging techniques through research and development, customization for precise applications, automation in forging procedures, as well as innovations in heating and cooling technologies.
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What New Market Trends Are Reshaping theHepatorenal Syndrome Treatment Market and Its Opportunities?
The trend of expanded research and development efforts for hepatorenal syndrome treatments is gaining traction in the market. To maintain their market standing, businesses in this sector are now prioritizing research and development. In the context, in September 2022, Mallinckrodt Pharmaceuticals, a firm based in Ireland renowned for developing, manufacturing, and marketing specialist products and treatments, secured FDA endorsement for Terlivaz, an injectable treatment for adult hepatorenal syndrome patients. The approval from FDA was significantly influenced by the Phase 3 CONFIRM trial, the largest proactive study ever conducted (n=300) to assess the effectiveness and safety of terlipressin among HRS type 1 (HRS-1) patients in the U.S. and Canada. The primary conclusive point of the CONFIRM trial, marked as an enhancement in renal function, prevention of the requirement for dialysis, and brief lifespan, was accomplished (p=0.012).
Who Are the Leading Market Players Fueling Growth in the Hepatorenal Syndrome Treatment Market Trend?
Major companies operating in the hepatorenal syndrome treatment market include BioVie Inc., Cumberland Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals, Orphan Therapeutics LLC, Baxter International Inc., La Jolla Pharmaceutical Company, Noorik Biopharmaceuticals AG, Novartis AG, Zydus Lifesciences Limited, Ocelot Bio Inc., New Medicon Pharma Lab Private Limited, Arrowhead Pharmaceuticals, Stealth BioTherapeutics Inc., Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Vertex Pharmaceuticals Inc., Johnson & Johnson, Boehringer Ingelheim GmbH, Catalyst Pharmaceuticals Inc., Bayer AG, Gilead Sciences Inc.
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How is the Global Hepatorenal Syndrome Treatment Market Segemented?
The hepatorenal syndrome treatment market covered in this report is segmented –
1) By Type: Type 1 Hepatorenal Syndrome, Type 2 Hepatorenal Syndrome
2) By Treatment: Therapeutics, Surgical Treatment
3) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Type 1 Hepatorenal Syndrome: Intravenous Albumin, Vasopressors, Dialysis, Liver Transplantation
2) By Type 2 Hepatorenal Syndrome: Albumin Infusion, Midodrine, Octreotide, Liver Transplantation
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Which Geographics are Influencing the Growth of the Hepatorenal Syndrome Treatment Market?
North America was the largest region in the hepatorenal syndrome treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global hepatorenal syndrome treatment market during the forecast period. The regions covered in the hepatorenal syndrome treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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