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The Ursodeoxycholic Acid Market size is estimated to grow by USD 463.2 million at a CAGR of 12.16% between 2023 and 2028. The increase in liver transplants, the rising prevalence of primary sclerosing cholangitis and related conditions, and the broadening of indications for ursodeoxycholic acid (UDCA) are driving factors for market growth. These factors reflect a growing need for liver disease treatments and therapies, highlighting the market's potential for expansion. As liver-related conditions become more prevalent, the demand for liver transplants and associated treatments is expected to rise. Additionally, the expanding use of UDCA for various indications underscores its versatility and effectiveness in addressing liver disorders. These trends indicate a significant opportunity for market growth, driven by the increasing incidence of liver diseases and the expanding treatment options available to patients.
Moreover, there is increasing adoption of UDCA for the treatment of specific liver diseases, including PBC and PSC. Additionally, there are potential benefits of UDCA in other indications as per new research and clinical trials. For instance, as per recent research and clinical research, it is concluded that UDCA is effective in dissolving gallstones, which are caused due to the excess generation of cholesterol or bilirubin, especially in patients who are symptomatic but are unable or unwilling to undergo surgery. The demand for UDCA for gallstone dissolution is fuelled by the increasing awareness about these alternative treatment options. Hence, it is expected to positively impact the market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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