The global hepatitis B virus market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). The global hepatitis B virus market is likely to be driven by limited access to hepatitis B treatment and diagnostics in many resource-constrained settings, and the rising prevalence of hepatitis B infections, during the forecast period. As per the information provided by Hepatitis B Foundation approximately 1.5 million people become newly infected each year with this virus. These infections are difficult to identify early on and only become obvious after a few weeks. It is a condition that can start at birth and is primarily caused by blood transfusions, dialysis, and razor sharing in healthcare settings.
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Additionally, factors such as an increase in injectable drug users, increased awareness, the presence of unmet demand, and the anticipated launch of new medications are expected to drive market expansion. Pediatric combination vaccinations, which protect against several causal agents and thereby give separate immunizations, are becoming increasingly popular on the market. Moreover, the government’s expanding efforts to raise public knowledge about the benefits of the hepatitis B vaccine among inhabitants. For instance, on the occasion of World Hepatitis Day 2018, India’s Ministry of Health and Family Welfare unveiled the National Viral Hepatitis Control Program, which aims to eradicate HBV infection by 2030.
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Market Coverage
Segment Covered-
- By Type
- By Distribution Channel
- By Treatment
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Merck & Co. Inc., GlaxoSmithKline plc., Sanofi, Dynavax Technologies and LG Chem, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hepatitis B Virus Market Report Segment
By Type
- Acute
- Chronic
By Distribution Channel
- Online Pharmacies
- Offline Pharmacies
By Treatment
- Anti-Viral Drugs
- Vaccine
- Immune Modulator Drugs
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