02-04-2019 01:33 PM CET - Health & Medicine
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Comprehensive Study Explores Non-alcoholic Steatohepatitis (NASH) Diagnostics Market, including key players Echosens, BioPredictive, Siemens

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
Non-alcoholic Steatohepatitis (NASH) Diagnostics Market
Non-alcoholic Steatohepatitis (NASH) Diagnostics Market
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"The global epidemic of type 2 diabetes and rising obesity are leading to the growing prevalence of non-alcoholic steatohepatitis (NASH), especially in developed nations. According to the NASH Education Program, NASH affects around 12% of the world’s adult population. More than 80% of patients with NASH are obese, 44% have type 2 diabetes, and 72% have abnormal blood lipids (triglycerides and cholesterol). The increasing prevalence of these ailments is expected to drive the demand for NASH diagnostics over the 2018-2023 period.

Programs and initiatives to increase awareness are anticipated to bolster market growth over the forecast period. In 2016, The NASH Education Program was established with the objective of spreading awareness among medical practitioners, patients identified with NASH, and individuals at high risk of developing it. On the other hand, rising investments for the development of accurate, reliable, and readily available diagnostic tests for NASH is expected to drive the market over the forecast period.

Diagnostic techniques segment insights:

Liver biopsy is one of the broadly accepted diagnostic techniques for NASH detection since it provides accurate results. Liver biopsy is preferred by medical practitioners owing to its ability to determine the degree of steatosis and inflammation accurately. However, the invasive liver biopsy procedure has several disadvantages, such as pain, bleeding, and the possibility of injuring other organs. Thus, the adoption of non-invasive imaging techniques and biomarkers is anticipated to increase significantly. As a result, the market size of the liver biopsy technique is expected to grow at a slower rate than biomarkers, in developed regions like North America and Europe.

Regional insights:

North America held the largest share of the NASH diagnostics market. The growing prevalence of obesity and type 2 diabetes is leading to an increasing number of patients suffering from NASH in the United States (U.S.) and Canada. NASH has been reported to be the second-most common cause for liver transplantations in the U.S. By 2020, it is expected to surpass hepatitis C as the leading cause for liver transplants. Asia-Pacific is expected to be the fastest growing market owing to increasing awareness among patients and improving healthcare infrastructure. However, the high cost of NASH diagnosis through liver biopsy is restraining the growth of the market in developing regions like Latin America and Asia-Pacific.

Companies covered:

1. GENFIT SA
2. Echosens
3. SuperSonic Imagine
4. BioPredictive
5. One Way Liver, S.L. (OWL)
6. VLVbio AB
7. Quest Diagnostics Incorporated
8. Prometheus Laboratories Inc.
9. Siemens Healthcare GmbH.
10. Exalenz Bioscience Ltd.

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Research Parameter/ Research Methodology

Primary Research:
The primary sources involves the industry experts from the Global Non-alcoholic Steatohepatitis industry including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Non-alcoholic Steatohepatitis in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.

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In this study, the years considered to estimate the market size of Global Non-alcoholic Steatohepatitis are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

Key Stakeholders in Global Non-alcoholic Steatohepatitis Market:
Global Non-alcoholic Steatohepatitis Manufacturers
Global Non-alcoholic Steatohepatitis Distributors/Traders/Wholesalers
Global Non-alcoholic Steatohepatitis Subcomponent Manufacturers
Industry Association
Downstream Vendors

**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

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