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Nonalcoholic Steatohepatitis Therapeutics Market Worth US$ 20.2 Billion by 2031 | CAGR: 13.6%: States TMR Report
Nonalcoholic Steatohepatitis Therapeutics
Nonalcoholic Steatohepatitis Therapeutics market is estimated to attain a valuation of US$ 20.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 13.6% during the forecast period, 2022-2031
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7691
As there is no FDA-approved drug to treat nonalcoholic steatohepatitis, pharmaceutical companies and market stakeholders are expected to launch pipeline drugs to cure this silent liver disease. The global nonalcoholic steatohepatitis therapeutics market is driven by increase in global prevalence rate of diabetic and obesity, along with rise in awareness about the treatments and drugs available for the same.
Moreover, in order to boost credibility credentials, manufacturers are engaging in clinical trials of Elafibranor and various other drugs that help in reducing fat percentage in liver. Market stakeholders should focus on mergers & acquisitions and research collaborations with other companies to launch innovative products for the effective treatment of nonalcoholic steatohepatitis in the upcoming years.
๐๐ฎ๐ซ๐ ๐ ๐ข๐ง ๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐จ๐ง-๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐ญ๐๐๐ญ๐จ๐ก๐๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฌ ๐๐ข๐ฌ๐๐๐ฌ๐ ๐๐ฅ๐จ๐๐๐ฅ๐ฅ๐ฒ
Nonalcoholic steatohepatitis is a type of liver disease diagnosed in people who are non-alcoholic or consume alcohol in very low amount. Nonalcoholic steatohepatitis (NASH) is one of the commonly diagnosed liver diseases. The disease is also known as silent liver disease. Fat deposition in liver, along with inflammation is one of the significant conditions that occurs during the disease. The surge in the incidence rate of nonalcoholic steatohepatitis has increased the demand for therapeutics to treat the disease. Consequently, multiple drugs are being launched. These drugs aim to provide relief from the disease.
According to market analysts, the global nonalcoholic steatohepatitis therapeutics market is anticipated to witness double digit growth in the next few years. Increase in awareness among people about therapeutics is also a major factor boosting the growth of the market in various regions across the world. However, poor diagnostics and lack of proper diagnostic technique are projected to restrain the global market in the next few years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐ - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=7691
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐ญ๐๐๐ญ๐จ๐ก๐๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฌ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
In terms of region, the global nonalcoholic steatohepatitis therapeutics market has been segmented into North America, Asia Pacific, Europe, Latin America, Middle East & Africa. North America dominated the global market, accounting for key share in 2021.
North America is significantly affected by NASH due to rise in population suffering from diabetes and obesity. Moreover, prevailing cases of high cholesterol and changes in lifestyle make North America an attractive market for future development and growth.
In Europe, countries such as Italy, Spain, Germany, the U.K., and France are the main areas with high prevalence of NASH. These countries are likely to be highly lucrative markets for nonalcoholic steatohepatitis therapeutics.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Intercept Pharmaceuticals, Inc., GENFIT SA, Zydus Cadila, Conatus Pharmaceuticals, and Tobira Therapeutics, Inc., AstraZeneca plc, Galmed Pharmaceuticals Ltd., Gilead Sciences, Inc., and Immuron Ltd.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง -
๐๐ซ๐ฎ๐ ๐๐ฒ๐ฉ๐
Obeticholic Acid (OCA)
Aramchol (Arachidyl Amido Cholanoic Acid)
Saroglitazar
Elafibranor
๐๐๐ฏ๐ ๐๐ง๐ฒ ๐๐ฎ๐๐ซ๐ฒ? ๐๐ฌ๐ค ๐๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=7691
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐ญ๐๐๐ญ๐จ๐ก๐๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฌ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
In January 2019, Genfit took the first step toward making this test available, as it had signed a licensing agreement with LabCorp, the leading drug development and NASH clinical trial company, to expand the access to NIS4 in the global clinical research community
๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฅ๐๐ญ๐ฌ ๐ฒ๐จ๐ฎ ๐ข๐๐๐ง๐ญ๐ข๐๐ฒ ๐ญ๐ก๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ง๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐ญ๐๐๐ญ๐จ๐ก๐๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฌ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐ฆ๐๐๐ง๐ฌ ๐จ๐ ๐ ๐ซ๐๐ ๐ข๐จ๐ง:
North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐ซ๐๐๐ข๐ฅ๐ฅ๐๐ ๐๐ฒ๐ซ๐ข๐ง๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.prnewswire.com/news-releases/prefilled-syringes-market-to-exceed-value-of-us-35-7-bn-by-2031--tmr-study-301593032.html
๐๐ฎ๐๐๐ซ๐จ๐ฌ๐ ๐๐ฑ๐ญ๐ซ๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ- https://www.prnewswire.com/news-releases/tuberose-extract-market-to-be-valued-at-us-413-5-mn-by-2031--tmr-report-301593208.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
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Nonalcoholic Steatohepatitis (NASH), a syndrome found in non-alcoholic patients, causes damage to liver that is histologically akin to alcoholic hepatitis. NASH results from fat in the liver, along with inflammation. Symptoms in NASH usually do not show, but it can be severe and lead to cirrhosis, which is permanent damage to the liver.
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