Press release
Non-Alcoholic Steatohepatitis (NASH) Market- Industry Size, Trends, Global Growth, Insights and Forecast Research Report 2028
The Non-Alcoholic Steatohepatitis (NASH) Market is projected to reach US$ 24,266.81 million by 2028 from US$ 1,631.92 million in 2021; it is expected to grow at a CAGR of 47.1% from 2021 to 2028.Major factors driving the non-alcoholic steatohepatitis (NASH) market growth include the rising prevalence of NASH and increasing initiatives for the awareness of NASH. The growing number of clinical trials involving combination studies of drugs are likely to introduce future trends in the market during the forecast period. However, the lack of established guidelines for the diagnosis and management of NASH, and withdrawal of drugs from the marketing authorization stage of clinical trials hamper the non-alcoholic steatohepatitis (NASH) market growth.
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Analysis of the Top Market Players:
1. Genfit SA
2. One Way Liver, S.L.
3. BioPredictive S.A.S
4. Cadila Pharmaceuticals Ltd.
5. Prometheus Laboratories
6. Siemens Healthineers AG
7. Intercept Pharmaceuticals, Inc.
8. Novartis AG
9. Galmed Pharmaceuticals
10. Laboratory Corporation of America Holdings
In this report, the market has been segmented on the basis of:
Product (Vitamin E and Pioglitazone, Ocaliva, Elafibranor, Selonsertib & Cenicriviroc, and Others)
Application (Treatment and Diagnosis)
Sales Channel (Hospital Pharmacy, Online Provider, and Retail Pharmacy)
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NASH is a potentially fatal illness that causes extensive scarring and cirrhosis of the liver. NAFLD is the most common chronic liver disease globally. NASH is a progressive form of NAFLD, which is gradually becoming the major cause of end-stage liver diseases and liver transplantation. According to the data published by the Global Liver Institute, NASH was termed as an epidemic on June 12, 2019. It affects over ~115 million people, and 357 million people are expected to be affected by this condition by 2030. Obesity, type 2 diabetes, and hyperlipidemia are substantial risk factors for NAFLD and NASH; more than ~70% of people are obese, ~75% have type 2 diabetes, and 20-80% have hyperlipidemia worldwide. NASH, if left untreated, can progress to cirrhosis and liver cancer, and raise the need for a liver transplant.
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