The latest study on the Liver Disease Management Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 – 2032 The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Liver Disease Management Market industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Liver Disease Management Market industry is a major attraction of the report.
The global liver disease management market size reached USD 22.05 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Rising demand for liver disease management in various imaging applications for industrial and manufacturing purposes in addition to increasing alcohol consumption are some of the factors driving market revenue growth. Companies are launching pipeline drugs, and ongoing clinical trials by several industries are also driving the market revenue growth of liver disease management.
Key participants include
Abbott, AbbVie Inc., F. Hoffmann-La-Roche Ltd., Bristol-Myers Squibb Company, Astellas Pharma Inc., Lilly, Merck & Co., Inc., Pfizer Inc., Novartis AG, and Johnson & Johnson Private Limited.
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Drivers:
Several factors are driving the growth of the liver disease management market. One of the primary drivers is the rising prevalence of liver diseases worldwide, attributed to factors such as alcohol consumption, obesity, viral hepatitis infections, and lifestyle-related factors. The increasing burden of chronic liver diseases such as non-alcoholic fatty liver disease (NAFLD) and non-alcoholic steatohepatitis (NASH) is driving demand for effective diagnostic tools, therapeutic interventions, and disease management strategies. Moreover, advancements in medical technology, including imaging modalities, biomarker assays, and therapeutic interventions, are expanding the capabilities of healthcare providers in diagnosing and treating liver diseases, further driving market growth.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Liver Disease Management Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Liver Disease Management Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite the positive growth outlook, the liver disease management market faces certain challenges and restraints. One of the major challenges is the limited availability of effective treatments for certain liver diseases, particularly advanced-stage liver cancer and end-stage liver failure. While significant progress has been made in developing therapies for hepatitis C and certain liver cancers, treatment options for other liver conditions remain limited, leading to poor prognosis and outcomes for some patients. Moreover, the high cost of liver disease management, including diagnostics, medications, and surgical interventions, poses challenges for healthcare systems and patients, particularly in regions with limited resources and healthcare infrastructure.
Emergen Research has segmented the global liver disease management market on the basis of diagnosis, treatment, end-use, and region:
· Diagnosis Outlook (Revenue, USD Million; 2019-2030)
- Endoscopy
- Imaging
- Biopsy
- Others
· Treatment Outlook (Revenue, USD Million; 2019-2030)
- Antiviral drugs
- Targeted therapy
- Chemotherapy
- Others
· End-Use Outlook (Revenue, USD Million; 2019-2030)
- Clinics
- Hospitals
- Diagnostic laboratories
- Others
Regional Overview:
The global Liver Disease Management Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Liver Disease Management Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Liver Disease Management Market Report – Table of Contents:
- Chapter 1 includes the global Liver Disease Management Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Liver Disease Management Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Liver Disease Management Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Liver Disease Management Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.