The global Primary Sclerosing Cholangitis (PSC) Market is anticipated to be worth US$ 151.07 million in 2023. With growing alcohol consumption, the worldwide market for Primary Sclerosing Cholangitis (PSC) is expected to develop at a CAGR of 7.6% between 2023 and 2033, totaling roughly US$ 314.26 Million by 2033.
According to the analysis of Future Market Insights, the Primary Sclerosing Cholangitis (PSC) market is expected to fuel over the analysis period, attributed to the factors such as the rise in the incidences of liver diseases, as well as rise in alcohol consumption.
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As per the Centers for Disease Control and Prevention, the global incidence of liver disease was 3.9 million in 2016. As per the World Health Organization (WHO), prevalence of liver cirrhosis is increasing in the European countries, due to high consumption of alcohol. Furthermore, rising awareness programs, and an upsurge in R&D investment for development of new drug molecules are other factors that are expected to augment the growth of the primary sclerosing cholangitis market during the forecast period.
Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.
The report offers extensive data sets validating key trends impacting growth in the Primary Sclerosing Cholangitis (PSC) market. It offers insights into strategies adopted by the key players rise and address the concerns that will challenge the growth of Primary Sclerosing Cholangitis (PSC) market. With our extensive research and information about the past, current and future market scenario, the Primary Sclerosing Cholangitis (PSC) market report will help and identify the concerns, for a smooth-sail of the small & medium as well as large enterprises.
Critical Questions Answered in the Report
1. What are ongoing trends that will shape market growth curve for global Primary Sclerosing Cholangitis (PSC) market?
2. What are the drivers and challenges affecting the Primary Sclerosing Cholangitis (PSC) market demand?
3. What are the recent technological advancement in the Primary Sclerosing Cholangitis (PSC) market?
4. What are key trends and opportunities that will prevail the revenue growth of Primary Sclerosing Cholangitis (PSC) market players?
5. How will evolving regulatory policies impact the market growth?
6. What is the impact of Covid-19 on the Primary Sclerosing Cholangitis (PSC) market?
Primary Sclerosing Cholangitis (PSC) Market: Segmentation
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Detailed analysis on the geographical region and country wise insights are offered in the latest Primary Sclerosing Cholangitis (PSC) market report with established market players as well as incumbents in the region.
Key Segments Covered in the Primary Sclerosing Cholangitis (PSC) Industry Analysis
Primary Sclerosing Cholangitis (PSC) Market by Drug:
• BTT1023
• GS-9674
• NGM282
• OCA
• Cenicriviroc
• LUM001
• DUR928
• norUDCA
• HTD1801
• IDN-7314
• STP705
Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.
Competitive Analysis
By Prominent Market Players
Prominent players in the Primary Sclerosing Cholangitis (PSC) market are Acorda Therapeutics, Inc., Gilead Sciences, Inc., NGM Biopharmaceuticals, Inc., Intercept Pharmaceuticals, Inc., Dr. Falk Pharma GmbH, Allergan Plc., Shire Plc., Durect Corporation, Conatus Pharmaceuticals, Inc., Sirnaomics, Inc., and Shenzhen HighTide Biopharmaceutical Ltd., among others.
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Primary Sclerosing Cholangitis (PSC) market