Hepatitis C market set to decline

Published: 13-Feb-2017

GlobalData predict the decline from $21.7 bn in 2015 to $17.5 bn by 2025 – a negative compound annual growth rate of 2.1%

The company’s report states that hepatitis C deterioration in sales will occur across the nine major markets (9MM) of the US, France, Germany, Italy, Spain, the UK, Japan, Brazil and China.

This is due to recent advances made in hepatitis C treatment, which have resulted in high cure rates and reduced adverse effects for the vast majority of individuals with chronic hepatitis C infection.

The US was the main market for direct-acting antivirals (DAAs) curing patients of hepatitis C in 2015. It contributed more than 60% of the total market size.

However, declining patient populations and unusually high DAA treatment rates in 2015 will reduce the disease prevalence in the US market to a more sustainable level, with the US contributing only 48% of sales in the 9MM by 2025.

Mirco Junker, Healthcare Analyst for GlobalData, notes:

“The introduction of multiple pan-genotypic DAA therapy alternatives has the potential to significantly improve on current treatment algorithms.”

“It could reduce the complexity of treatment recommendations by shortening treatment duration and offering excellent efficacy and safety profiles for a broad spectrum of hepatitis C virus genotypes.”

Europe’s contribution to global hepatitis C DAAs is projected to increase slightly, from 20% in 2015 to 24% by 2025, although sales distribution among individual countries in the region will be uneven.

“France, Germany, and the UK benefited from low prevalence rates and high treatment rates in 2015 and will be in the best position globally to eradicate hepatitis C without significantly raising the cost burden of DAA treatments, Junker said.”

“Meanwhile, Spain and Italy will face an increased cost burden as the high prevalence in both countries will push more patients into expensive DAA treatments.”

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