Nonalcoholic Steatohepatitis Treatment Market Scope
Non-alcoholic fatty liver disease, defined as the development of macrovascular steatosis in the presence of less than 20 grammes of alcohol intake per day, is the most prevalent liver disease in the Western world. It is most often related with insulin resistance/type 2 diabetes mellitus and obesity. It manifests as steatosis, steatohepatitis, cirrhosis, and, in rare cases, hepatocellular cancer. Hepatic steatosis is caused by an imbalance between fat absorption, oxidation, and export. Insulin resistance, which predisposes to lipolysis of peripheral fat and mobilisation and absorption of fatty acids by the liver, is the most constant underlying pathogenic cause. The growing clinical and economic burden of NAFLD has emphasised the need for a more simplified approach to disease prevention, diagnosis, and treatment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Allergan plc. (United States), Cadila Healthcare Limited (India), Conatus Pharmaceuticals Inc. (United States), Galmed Pharmaceuticals Ltd (Israel), Gemphire Therapeutics Inc. (United States), Genfit SA (France) and Gilead Sciences, Inc. (United States) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Nonalcoholic Steatohepatitis Treatment market throughout the predicted period.
Allergan plc. (United States), Cadila Healthcare Limited (India), Conatus Pharmaceuticals Inc. (United States), Galmed Pharmaceuticals Ltd (Israel), Gemphire Therapeutics Inc. (United States), Genfit SA (France) and Gilead Sciences, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Intercept Pharmaceuticals, Inc. (United States), Novartis International AG (Switzerland) and Shire Plc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Nonalcoholic Steatohepatitis Treatment market by Type , by Application (Health and Nutrition Tracking Apps and Medication Management Tools) and Region with country level break-up.
On the basis of geography, the market of Nonalcoholic Steatohepatitis Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In May 2017 Novartis announced that it has notified Conatus Pharmaceuticals Inc., of its exercise of the option to an exclusive license for the global development and commercialization of emricasan, under the option, collaboration and license agreement signed with Conatus on December 19, 2016. The exercise of the option with Conatus, a biotechnology company focused on the development of novel medicines to treat liver disease, and grant of exclusive license to Novartis will be effective upon receipt of all required anti-trust approvals and payment of USD 7 million option exercise fee to Conatus.
In March 2020 - Zydus Cadila Launched Drug for NASH. The Launched Was Followed by Drug Controller General of India (DCGI) Approval to Zydus’s “Saroglitazar” for Treatment of Non-Cirrhotic, Non-Alcoholic Steatohepatitis (NASH) In India, Making It the First-Ever Drug for Treatment of The Disease.
Influencing Trend:
Rising Geriatric Population
Market Growth Drivers:
Prevalence of Nonalcoholic Steatohepatitis Cases and High Investment in Pharmaceutical R&D
Challenges:
Fierce Competitive Pressure
Restraints:
Lack of Skilled Professionals and Side Effects and Adverse Reactions
Opportunities:
Growing Healthcare Infrastructure Across Emerging Regions
Key Target Audience
Nonalcoholic Steatohepatitis Treatment Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others