Elbasvir market

Global Elbasvir Market Size, by HCV Genotype (Genotype 1a, Genotype 1b), Dosage (50mg, 100mg,), Sales Channel (Online Channel) & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Healthcare and Pharma     ID: IRP1804     Date: Sep, 2020
Elbasvir is used to treat chronic hepatitis C viral infection of the liver. Elbasvir and grazoprevir a combination drug reduces the amount of hepatitis C virus in the body boosts the immune system to fight against infection and helps in the liver recovery.
Chronic hepatitis C (HCV) infection causes serious liver problems such as cirrhosis (scarring) and liver cancer. According to WHO, more than 71 million people globally have chronic hepatitis C virus infection today and in 2016, around 399 000 people lost their lives due to hepatitis C either by suffering from cirrhosis or hepatocellular carcinoma (primary liver cancer).
Antiviral drugs like elbasvir can cure 95% of the people living from HCV infection, thereby reducing the risk of liver cancer and cirrhosis but rest 5% of the people do not respond to any sort of medication and die. Though the HCV infection is worldwide the Eastern Mediterranean Region and the European Region are the most affected regions with an estimated prevalence of 2.3% and 1.5% respectively in 2015.
An increase in the prevalence of the hepatitis infection worldwide, rising investment in the research and development for the discovery of the better treatment and diagnosis techniques are the major stimulating factors for the market growth during the forecast period. However, rising awareness regarding the HCV infection and government initiatives provide a lucrative opportunity for the market to grow during the forecast period. Moreover, there are no generic drugs available in the market for the HCV infection which might restrain the market growth.
The global Elbasvir market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% from 2018 to 2026.
Scope of the global Elbasvir market includes by HCV Genotype (Genotype 1a, Genotype 1b, Genotype 4), by Dosage (50mg, 100mg, Others), By Sales Channel (Online Channel, Offline Channel, Others), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; the Middle East & Africa- South Africa, Saudi Arabia).

The global Elbasvir market is primarily segmented by HCV Genotype, Dosage, Sales Channel, and region.

Based on HCV Genotype, the market is split into:
* Genotype 1a
* Genotype 1b
* Genotype 4

Based on Dosage, the market is divided into:
* 50mg
* 100mg
* Others

Based on the Sales Channel, the market is segmented into:
* Online Channel
* Offline Channel
* Others

Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
 Merck & Co., Inc
 Others
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their Sales Channel across the globe.
Key Benefits of the Report:
* Global, regional, country, HCV Genotype, Dosage, Sales Channel, market size and their forecast from 2014-2026
* Identification and detailed analysis of key market dynamics, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
* Detailed analysis on industry outlook with market-specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis of Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long-term strategies
* Detailed insights on emerging regions, HCV Genotype, Dosage, Sales Channel with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of Elbasvir
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and keynote speakers to understand the impact of COVID 19 on markets and factors that will bring instability in the foreseeable future.

Target Audience:
* Elbasvir manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as white papers, government, and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end-use trends and dynamics, and production capacity were taken into consideration. Different weightings have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

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