According to FutureWise analysis, the market for Hepatology is expected to grow with a CAGR of 12.10% over the forecast period 2023-2031, and reach a market value of US$ 35.85 billion by 2031.
Hepatology is an area of medicine that focuses on the analysis, diagnosis, and treatment of diseases related to the liver, gallbladder, biliary tree, and pancreas. It is a specialized field within gastroenterology, which deals with diseases of the digestive system. Hepatologists are medical doctors who have undergone additional training and education in the field of hepatology. Hepatologists work closely with other medical specialists, such as gastroenterologists, surgeons, radiologists, and oncologists, to provide comprehensive care for patients with liver and related conditions. They may also be involved in liver transplantation, a life-saving procedure for individuals with end-stage liver disease.
The some of the most common liver diseases and conditions categorized by disease types are viral hepatitis, non-alcoholic fatty liver disease, autoimmune disease, and genetic liver disorder. Viral hepatitis includes infections caused by hepatitis viruses (such as Hepatitis A, B, C, etc.), which can lead to liver inflammation and, if not managed properly, can result in chronic liver disease. Non-alcoholic fatty liver disease is a condition indicated by the aggregation of fat in the liver cells, not caused by alcohol. It's often associated with obesity, diabetes, and metabolic syndrome. Moreover, in liver cancer or hepatocellular carcinoma, hepatologists are involved in the diagnosis and management of primary liver cancers. Autoimmune liver diseases are conditions where the immune system mistakenly targets and damages the liver, such as primary biliary cirrhosis, autoimmune hepatitis, and primary sclerosing cholangitis. Genetic disorders are conditions like hemochromatosis, Wilson's disease and alpha-1 antitrypsin deficiency are caused by genetic mutations affecting liver function.
FutureWise Market Research has published a report that provides an insightful analysis hepatology market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts hepatology market estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.