Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

North America Hepatitis C Market Size

The global hepatitis C market was valued at USD 63.171 billion in 2023, with North America holding a significant market share. The market is driven by increased government initiatives and research funding for hepatitis C. It is expected to grow at a CAGR of 13.6% during the forecast period of 2024-2032, with the values likely to attain USD 199.63 billion by 2032.

 

North America Hepatitis C Market Outlook

  • The market demand is driven by the rising burden of hepatitis C and the growing aging population more prone to contracting viral infections.
  • One of the major North America hepatitis C market trends is the increased government initiatives focused on lowering the cost of treatment and expanding testing facilities. The National HCV Elimination Plan proposed by the White House in their budget for 2023-2034 is one such major initiative.
  • Increased investment in research and development activities by pharmaceutical companies and research institutions to develop new therapies and improve existing ones is impacting the market share.

 

North America Hepatitis C Market Report Snapshots

North America Hepatitis C Market Size

North America Hepatitis C Market Analysis

North America Hepatitis C Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The North America hepatitis C market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 13.6% during the forecast period of 2025-2034 and is likely to reach a market value of USD 199.63 billion by 2034.

The rising healthcare expenditure and increasing innovations in treatment therapies are fuelling the demand for the market.

One of the significant trends in the market is the increased government investment in eliminating hepatitis C. The National HCV Elimination Plan proposed by the White House in their budget for 2023-2034 is projected to spend USD 12.3 billion to eliminate hepatitis C over the next 10 years.

Based on the type, the market is segmented into acute and chronic.

Treatments available in the market include immune modulator drugs, antiviral drugs, vaccines, and surgery, among others.

By route of administration, the market is divided into oral and parenteral, among others.

The market breakup by diagnosis includes liver biopsy, blood tests, and imaging tests, among others.

Distribution channels of the market are hospital pharmacies, retail pharmacies, and online pharmacies.

The market segmentation by countries includes the United States and Canada. 

The key players in the market are Gilead Sciences, Inc., AbbVie Inc., Merck & Co., Inc., Bristol Myers Squibb, Johnson & Johnson, Roche Holding AG, Pfizer Inc., Novartis AG, Vertex Pharmaceuticals, and Boehringer Ingelheim.

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