The Business Research Company’s Hepatic Encephalopathy Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Hepatic Encephalopathy Global Market Report 2023 evaluates hepatic encephalopathy market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global hepatic encephalopathy market is expected to grow from $1.62 billion in 2023 to $1.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to prevalence of liver diseases, growing awareness about hepatic encephalopathy, government initiatives, increasing new liver therapies.The hepatic encephalopathy market size is expected to see strong growth in the next few years. It will grow to $2.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
The growing prevalence of liver diseases is expected to propel the growth of the hepatic encephalopathy market going forward. Liver disease is a medical condition affecting the liver and impairing its function. Liver disease treatments such as hepatic encephalopathy can alleviate symptoms, slow disease progression, improve liver function and reduce hepatic encephalopathy occurrences by improving the management of underlying conditions, potentially reducing frequency and severity and enhancing patients’ overall quality of life. For instance, in March 2023, according to the Office For Health Improvement And Disparities, a UK-based government organization, premature deaths from liver disease increased by 3.7% in 2021 from 10,501 to 10,127 in 2020. Therefore, the growing prevalence of liver diseases drives the hepatic encephalopathy market.
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The hepatic encephalopathy market segments in the report are:
1) By Drug Class: Antibiotics, Laxatives, L-Ornithine, L-Aspartate, Other Drug Classes
2) By Route Of Administration: Oral, Intravenous, Rectal
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
The table of contents in TBRC’s hepatic encephalopathy market report includes:
- Executive Summary
- Hepatic Encephalopathy Market Characteristics
- Hepatic Encephalopathy Market Trends And Strategies
- Hepatic Encephalopathy Market – Macro Economic Scenario
- Global Hepatic Encephalopathy Market Size and Growth
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- Global Hepatic Encephalopathy Market Competitive Benchmarking
- Global Hepatic Encephalopathy Market Competitive Dashboard
- Key Mergers And Acquisitions In The Hepatic Encephalopathy Market
- Hepatic Encephalopathy Market Future Outlook and Potential Analysis
- Appendix
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