Liver Disease Treatment Market Growth, Size Trends and Forecasts 2016-2022

According to a new report by Allied Market Research, titled, "World Liver Disease Treatment Market - Opportunities and Forecast, 2014 2022, the global market for liver disease treatment is projected to reach $19,536 million by 2022, registering a CAGR of 11.72% from 2016 to 2022. The antiviral drug segment held major share of the total market in 2015 and is expected to maintain its lead throughout the forecast period. This is attributed to the high incidences of virus infected liver diseases including Hepatitis. However, corticosteroid drug segment registered fastest growing segment during the forecast period.

Liver disease is characterized by improper functioning of liver, causing disorders like hepatitis, fatty liver, and cirrhosis. Some of the major drug categories used in the treatment of various types of liver diseases includes antirejecting drugs, vaccines, immunosuppressant, chemotherapy drugs and antiviral drugs

Browse full report with TOC@ https://marketreportscenter.com/reports/358569/world-liver-disease-treatment-market-opportunities-and-forecast-2014-2022

The factors driving the liver disease treatment market are rapidly changing lifestyle patterns such as increasing consumption of alcohol, and unhealthy diets; and increasing prevalence of liver diseases. In addition, growing geriatric population, increasing government and non-government awareness programs, and rising R&D investments for the development of novel therapies are also playing pivotal role in the growth of the liver disease treatment market. Moreover, owning to the patent expiry of several drugs such as Epivir- HBV, generic and biosimilar drugs market have more potential in the liver disease treatment arena. However, stringent government regulations for the approval of drugs, high cost incurred in R&D and risks of side-effects associated with liver disease medications is expected to hamper the growth of the market during the forecast period.

Key findings of the study:...