Primary Biliary Cholangitis Market Research Report Contains Key Players, Industry Overview, Supply Chain, Analysis and Forecast to 2029
To prepare market research report, certain steps are to
be followed for collecting, recording and analysing market data. Primary
Biliary Cholangitis Market research report identifies and analyses the
emerging trends along with major drivers, inhibitors, challenges and
opportunities in the market. In this era of globalization, the whole world is
the marketplace and hence businesses seek to adopt a global market research
report. This is a professional and in depth market report that focuses on
primary and secondary drivers, market share, possible sales volume, leading
segments and geographical analysis. With the winning Primary Biliary
Cholangitis Market report, a strong organization can be built which can make
better decisions for a successful business.
Data Bridge Market Research analyses that the primary biliary cholangitis market was valued at USD 784.81 million in 2021 and is expected to reach USD 1,744.47 million by 2029, registering a CAGR of 10.50% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Primary
biliary cholangitis, also known as primary biliary cirrhosis, is a chronic
liver condition in which the bile ducts are gradually damaged. PBC has no known
treatment. To control symptoms and reduce the progression of PBC, doctors
prescribe medication. Ursodiol aids in the removal of bile from the liver. In
many cases, this medication improves liver function and slows the course of
liver disease. If ursodeoxycholic acid (UDCA) is ineffective or cannot be
tolerated, obeticholic acid is used alone or in combination with it. This
treatment lowers bile production while increasing bile flow out of the liver.
Other pharmacological choices are available depending on the individual
circumstances of each patient and the existence of other medical disorders. If
liver function continues to deteriorate after medical treatment, a liver
transplant may be required.
Recent Development
·
In May 2022, Intercept Pharmaceuticals, Inc. announced that the first
patient has been dosed in a Phase 2 study evaluating a fixed-dose combination
of obeticholic acid (OCA) and bezafibrate (BZF) for treating patients suffering
from primary biliary cholangitis (PBC) who have not achieved an adequate
biochemical response to ursodeoxycholic acid.
Some of the
major players operating in the Primary Biliary Cholangitis market are:
- ·
F. Hoffmann-La
Roche Ltd. (Switzerland)
- ·
Mylan N.V. (U.S.)
- ·
Teva Pharmaceutical
Industries Ltd. (Ireland)
- ·
Sanofi (France)
- ·
Pfizer Inc. (U.S.)
- ·
GlaxoSmithKline plc
(U.K.)
- ·
Novartis AG
(Switzerland)
- ·
Merck & Co.,
Inc. (U.S.)
- ·
Allergan (Ireland)
- ·
AstraZeneca (U.K.)
- ·
Johnson &
Johnson Private Limited (U.S.)
- ·
Hikma
Pharmaceuticals PLC (U.K.)
- ·
Bristol-Myers
Squibb Company (U.S.)
- ·
Bayer AG (Germany)
- ·
Boehringer Ingelheim
International GmbH. (Germany)
- ·
Dr. Reddy’s
Laboratories Ltd. (India)
- ·
Gilead Sciences,
Inc. (U.S.)
- ·
Amgen Inc. (U.S.)
- ·
Eli Lilly and
Company (U.S.)
- ·
AbbVie Inc. (U.S.)
- ·
Lupin (India)
- ·
Allergan (Ireland)
Opportunities
·
Increase in the number of research and development
activities
Moreover, the market's growth is fueled by an
increase in the number of research and development activities. This will
provide beneficial opportunities for the primary biliary cholangitis market
growth. The primary biliary cholangitis treatment market is anticipated to grow
because to an increase in pipeline research to discover prominent medicines for
rare diseases such as primary biliary cholangitis. For instance, CymaBay
Therapeutics, Inc. started a placebo-controlled, randomised phase 3 clinical
trial for seladelpar 5-10mg in October 2018. The researchers wanted to see if
seladelpar was safe and effective in individuals with primary biliary
cholangitis (PBC) and if there was an inadequate response or intolerance to
ursodeoxycholic acid (UDCA). The research was expected to be finished in
December 2021.
Moreover, rising investment for the
development of advanced technologies and increase in the number of emerging
markets will further provide beneficial opportunities for the primary biliary
cholangitis market growth during the forecast period.
The Objectives of This Global Primary Biliary Cholangitis Market
Research Report are as Follows:
·
To
understand this market competition by analyzing the top vendors, with their
market profile, revenue, profits, import-export details, and market share.
·
To
analyze the product type, applications and regional presence of Primary Biliary
Cholangitis Industry to state the pricing structure, import-export details,
supply chain analysis, SWOT analysis to facilitate the key decision-making
process.
·
To
provide the complete structure and fundamental overview of this Industry.
·
To
offer insights into vital this market aspect like growth trajectory, CAGR
value, market share, and revenue analysis.
·
To
evaluate the growth opportunities, threats, market drivers, and risks involved.
·
To
boost future growth, investment analysis and upcoming growth opportunities with
the analysis of emerging market segments and sub-segments.
Patient Epidemiology Analysis
Primary biliary cholangitis market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Browse More about Global Primary Biliary Cholangitis Market Research
Report at @ https://www.databridgemarketresearch.com/reports/global-primary-biliary-cholangitis-market
The research examines the characteristics
of the target market, as well as recent developments and patterns, industry
opportunities, growth rates, sector expansion strategies, and emerging
technologies. The Primary Biliary Cholangitis market research report offered a
very useful resource that can help stakeholders, manufacturers,
decision-makers, and market participants to become familiar with all the
factors impacting the growth of the global market. The report includes SWOT, and market analyses to provide a deep
and clear understanding of aspects of the Primary Biliary Cholangitis market.
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