Thursday, March 30th, 2023

Covid-19 Impact on Chronic Hepatitis B (CHB) Market

The global Chronic Hepatitis B (CHB) Market size was estimated at $4.6 billion in 2021 and is expected to hit $6.1 billion by 2031, registering a CAGR of 3.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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Covid-19 scenario-

  • The outbreak of the pandemic had a negative impact on the global Chronic Hepatitis B(CHB) market. The outbreak of the pandemic in the majority of countries affected the supply chain and decreased blood donations across the world.
  • However, later on, several government initiatives to provide safer healthcare facilities and rise in blood donation rate for the treatment of Covid-19 with blood plasma helped the market recoup soon.

The global Chronic Hepatitis B (CHB) market is analyzed across Drug Class, Gender, Distribution Channel, and Region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

Based on drug class, the antivirals segment contributed to 87% of the total market revenue in 2021, and is expected to dominate by 2031. The immune modulators segment, however, would manifest the fastest CAGR of 4.2% throughout the forecast period.

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Based on gender, the male segment accounted for more than half of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 3.2% throughout the forecast period.

Based on distribution channel, the drug stores and retail pharmacies segment held nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The Asia-Pacific region, at the same time, would showcase the fastest CAGR of 4.7% throughout the forecast period.

Based on region, the market across North America generated nearly two-fifths of the global market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, simultaneously, would manifest the fastest CAGR of 4.7% during the forecast period. The other provinces analyzed in the report include Europe and LAMEA.

The key market players analyzed in the global Chronic Hepatitis B (CHB) market report include Dr. Reddy’s Laboratories, Biocon Inc, Zydus Cadila, Gilead Sciences, Inc., Novartis AG, Reliance Life Sciences, Sun Pharmaceutical Industries Limited, Teva pharmaceuticals, Cipla Limited, and Viatris Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players. 

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Key benefits of the report:

  • This study presents the analytical depiction of the global microscopy industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global microscopy market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global microscopy market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides detailed global microscopy market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Microscopy market research report:

  • What are the leading market players active in the microscopy market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

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