The global hepatitis drugs market size was valued at US$ 21,148.3 million in 2019, and is expected to witness a CAGR of 3.2% over the forecast period (2019 – 2027).
Increasing launches of new drugs and regulatory approvals for hepatitis drugs is expected to drive growth of global hepatitis drug market.
Increasing approvals for hepatitis drugs from regulatory authorities is expected to drive the global hepatitis drugs market growth during the forecast period. For instance, in 2016, the U.S. FDA approved the Elbasvir drug for the treatment of hepatitis C, Elbasvir is a highly potent and selective NS5A inhibitor of the hepatitis C virus NS5A replication complex.
Launch of new drugs for hepatitis treatment is expected to drive growth of the hepatitis drugs market during the forecast period. For instance, in 2018, Natco Pharma has launched a fixed dose combination of Sofosbuvir-Daclatasvir tablets for the treatment of Hepatitis C under the brand name Hepcinat Plus, in India.
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