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Non-alcoholic Steatohepatitis Market Study with Current and Upcoming Trends, Leading Players – ALLERGAN, Gilead Sciences, Novartis AG, Pfizer, Algernon Pharmaceuticals, Celerion
Non-alcoholic Steatohepatitis Market
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Market Analysis: Global Non-alcoholic Steatohepatitis Market
Global non-alcoholic steatohepatitis market is set to witness healthy CAGR of 56.15% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand for NASH therapeutics and increasing presence of pipeline drugs are the factor for the growth.
Key Market Competitors:
Few of the major competitors currently working in the global non-alcoholic steatohepatitis market are ALLERGAN, Zydus Cadila, Conatus Pharmaceuticals Inc, Galmed Pharmaceuticals Ltd, Gemphire, Genfit SA, Gilead Sciences, Inc., Intercept Pharmaceuticals, Inc., Novartis AG, Shire, Enzo Biochem Inc., Novo Nordisk A/S, Immuron, Pfizer Inc., Algernon Pharmaceuticals, Celerion, NuSirt Biopharma, Perspectum Diagnostics., Boehringer Ingelheim International GmbH and others.
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Market Definition: Global Non-alcoholic Steatohepatitis Market
Nonalcoholic steatohepatitis (NASH) is a kind of a non-alcoholic fatty liver disease (NAFLD) which usually occurs when fat is collected in the liver. It usually causes inflammation and also damages the liver cell. NASH usually occurs on people who don’t consume alcohol. Itis very common in patients with conditions such as hypertension, type 2 diabetes, high blood lipid, heart disease, and others. NASH can also cause problems like liver cancer and cirrhosis. According to researchers, about 3 to 12 percentage of population in United States is suffering from nonalcoholic steatohepatitis.
Segmentation: Global Non-alcoholic Steatohepatitis Market
Non-alcoholic Steatohepatitis Market : By Drug Type
Vitamin E & Pioglitazone
Ocaliva
Obeticholic acid
Elafibranor
Selonsertib & Cenicriviroc
Others
Non-alcoholic Steatohepatitis Market : By Sales Channel
Hospital Pharmacy
Online Provider
Retail Pharmacy
Non-alcoholic Steatohepatitis Market : By Disease Cause
Hypertension
Heart Disease
High Blood Lipid
Type 2 Diabetes
Obesity
Non-alcoholic Steatohepatitis Market : End User
Hospitals
Clinics
Homecare settings
Non-alcoholic Steatohepatitis Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Non-alcoholic Steatohepatitis Market : Drivers
Increasing cases of diabetes and obesity is driving the growth of the market
Growing Nonalcoholic steatohepatitis (NASH) affected population worldwide will also drive the market growth
Rising healthcare expenditure will also propel the market growth
Increasing launches of pipeline drugs will also contribute as a factor for the growth of this market
Non-alcoholic Steatohepatitis Market : Restraints
Lack of proper diagnostic technologies for Nonalcoholic steatohepatitis (NASH) will restrain the market growth
Less demand in the underdeveloped countries is another factor restraining the market growth
Key Developments in the Market:
In July 2019, Altimmune, Inc announced that they have acquired Spitfire Pharma, Inc along with their product candidate SP-1373 to treat non-alcoholic steatohepatitis (NASH). The main aim of the acquisition is to help the company to meet the requirement of the people for treatment of Nonalcoholic steatohepatitis (NASH). This acquisition will strengthen the company’s position in the market and will provide better treatment to their patients
In July 2019, InSphero AG launched their new 3D InSight Human Liver Disease Discovery Platform which is specially designed for the safety testing of nonalcoholic steatohepatitis drugs and nonalcoholic fatty liver disease. The main aim of this launch is to meet the increasing demand of research community for efficient and fast screening of the drug candidates
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