Around 250,000 people could lose their lives to alcohol over the next 20 years if regulation is not adapted.
Doctors writing in the Lancet, led by Professor Sir Ian Gilmore, said that authorities need to implement a minimum price of 50p per unit of alcohol.
The authors elaborated, noting that liver disease is already responsible for 70 per cent of directly-related alcohol mortality.
While the true total of equivalent deaths is unknown, the medical experts estimated it to be between 18,000 and 30,000 deaths a year in England and Wales.
Professor Gilmore commented: "Alcohol is not an ordinary commodity like soap powder.
"It is a drug, it happens to be legal, but it is a drug and there are more than 1.5 million people addicted to alcohol."
He added that alcohol should be subjected to more thorough regulation and pricing restrictions due to the fact that it is a drug.