By 2030, it is anticipated that the Germany Liver Disease Therapeutics market will reach a value of $1148 Mn from $845 Mn in 2022, growing at a CAGR of 3.9% during 2022-2030. Liver Disease Therapeutics in Germany is dominated by a few domestic pharmaceutical companies such as Boehringer Ingelheim, Bayer, and BioNTech. The Liver Disease Therapeutics market in Germany is segmented into different types of disease and different therapy types. Some of the major factors affecting the German Liver Disease Therapeutics market are the growing prevalence of liver diseases and unhealthy and dynamic lifestyles.
By 2030, it is anticipated that the Germany Liver Disease Therapeutics market will reach a value of $1148 Mn from $845 Mn in 2022, growing at a CAGR of 3.9% during 2022-2030.
Germany is a high-income, developed country located in the heart of Western Europe. According to the most recent WHO data, 15,194 people died from liver disease in Germany in 2020, accounting for 2.17 % of all deaths. With an age-adjusted death rate of 9.69 per 100,000 inhabitants, Germany ranks 128th in the world. Cirrhosis of the liver has the highest fatality rate of any chronic condition requiring hospitalisation in Germany.
Non-alcoholic fatty liver disease (NAFLD) and alcohol-related liver disease (ALD) are the most common kinds of liver disease in Germany. NAFLD is estimated to afflict up to 30% of the adult population in Germany, whereas ALD accounts for up to 80% of all liver disease cases in the country. Germany's government spent 12.8 % of its GDP on healthcare in 2020.
Market Growth Drivers Analysis
In Germany, the biggest risk factors for liver disease are obesity and excessive alcohol intake. Other risk factors include viral hepatitis, diabetes, and toxic exposure. In Germany, liver disease is a major public health issue. According to research, liver illness is the country's fifth leading cause of mortality, accounting for 2.6 % of all fatalities in 2019. The German government has taken many steps to address the country's liver disease problem, including education and preventative campaigns, increased research funding, and the development of dedicated liver centres. Germany has minimal structural unemployment and a robust apprenticeship programme. These aspects could boost the German Liver Disease Therapeutics market.
Market Restraints
End-stage liver disease is commonly treated by liver transplantation. However, the scarcity of liver donors poses a significant barrier to the treatment of liver illnesses. Patients with severe liver illnesses have fewer therapeutic options as a result of this. Despite immigration, Germany's labour force is expected to shrink beginning in 2020. These factors may deter new entrants into the German Liver Disease Therapeutics market.
Key Players
June 2021: The US Food and Drug Administration (FDA) has given Fast Track Designation to Boehringer Ingelheim and Zealand Pharma's GLP-1/glucagon dual agonist BI 456906 for people with non-alcoholic steatohepatitis (NASH). Fast Track Designation expedites the development and review of novel treatments to treat serious illnesses that address an unmet medical need. A Phase II investigation of BI 456906 in people with NASH and liver fibrosis with and without diabetes is currently underway.
In Germany, the regulatory authority for medicines is the Federal Institute for Drugs and Medical Devices (BfArM). The BfArM is responsible for the approval, regulation, and supervision of drugs in Germany. In Germany, healthcare is financed through a combination of statutory health insurance (SHI) and private health insurance (PHI). The reimbursement price for drugs in Germany is negotiated between the pharmaceutical company and the National Association of Statutory Health Insurance Funds (GKV-SV).
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
Liver Disease Therapeutics Segmentation
By Treatment Type (Revenue, USD Billion):
By Disease Type (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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