Industry Background:
Non-alcoholic steatohepatitis is a disease that develops in patients who are not alcoholics; it causes liver damage that is histologically indistinguishable from alcoholic hepatitis. Non-alcoholic steatohepatitis develops most often in patients with at least one of the following risk factors: obesity, and glucose intolerance, and dyslipidemia. Laboratory findings include elevations in aminotransferase levels. The biopsy is required to confirm the diagnosis. Treatment includes the elimination of causes and risk factors. Fat causes inflammation and damages cells in the liver and this has led to significant the growth of the non-alcoholic steatohepatitis market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Allergan PLC (Ireland), Galmed Pharmaceuticals (Israel), Intercept Pharmaceuticals Inc. (United States), Madrigal Pharmaceuticals (United States), Genfit SA (France), Novartis AG (Switzerland), Gilead Sciences Inc. (United States), Novo Nordisk A/S (Denmark), Merck & Co. (United States) and Viking Therapeutics (United States) |
This growth is primarily driven by Increase in the Number of Expected Launch of Pipeline Drugs is a Significant factor in Stimulating Market Demand and The Rising Prevalence of NASH and Increasing Diabetic Population Globally.
Globally, a noticeable market trend is evident Increasing Prevalence of Obesity Coupled with Rising Adoption of the Sedentary Lifestyle Major Players, such as Allergan PLC (Ireland), Galmed Pharmaceuticals (Israel), Intercept Pharmaceuticals Inc. (United States), Madrigal Pharmaceuticals (United States), Genfit SA (France), Novartis AG (Switzerland), Gilead Sciences Inc. (United States), Novo Nordisk A/S (Denmark), Merck & Co. (United States) and Viking Therapeutics (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The market for nonalcoholic steatohepatitis a severe form of nonalcoholic fatty liver disease offers substantial commercial opportunity for drug developers owing to the lack of approved agents and the disease’s large and growing prevalence.
Key Developments in the Market:
On 11 , April 2019 Gilead Sciences, Inc. has announced that new data from the company’s clinical research program in nonalcoholic steatohepatitis (NASH) being presented at The International Liver Congress™ 2019 in Vienna. This data support Gilead’s efforts to develop combination therapies to target different aspects of NASH.
In June 2022 – Echosens, a high-technology company offering liver diagnostic solutions, and Novo Nordisk A/S, a leading global healthcare company, today announced a partnership to advance early diagnosis of non-alcoholic steatohepatitis (NASH) and increase awareness of the disease among patients, healthcare providers and other stakeholders.
Influencing Trend:
Increasing Prevalence of Obesity Coupled with Rising Adoption of the Sedentary Lifestyle
Market Growth Drivers:
Increase in the Number of Expected Launch of Pipeline Drugs is a Significant factor in Stimulating Market Demand and The Rising Prevalence of NASH and Increasing Diabetic Population Globally
Challenges:
High Treatment Cost
Restraints:
The Lethargic Drug Approval Process from the Regulatory Bodies
Opportunities:
Increasing Awareness about NAFLD/NASH is Creating Opportunity for Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Non-alcoholic Steatohepatitis Market
- Analysis about New Entrants in Non-alcoholic Steatohepatitis Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Non-alcoholic Steatohepatitis Study Sheds Light on
The Non-alcoholic Steatohepatitis Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Non-alcoholic Steatohepatitis industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Non-alcoholic Steatohepatitis industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.