Non- Alcoholic Steatohepatitis Treatment Market

Non- Alcoholic Steatohepatitis Treatment Market - Global Industry, Analysis, Size, Share, Growth, Trends, and Forecasts 2021-2031

Non- Alcoholic Steatohepatitis Treatment Market - Overview

Nonalcoholic fatty liver disease (NAFLD) is a medical state marked by an excess fat in liver for people who either consume alcohol in a limit or not at all. Although no direct cause has been identified, insulin resistance and obesity are believed to play significant roles. Most of the time, NAFLD goes unnoticed because a fatty liver can continue to function normally and this results in a much more serious condition called nonalcoholic steatohepatitis (NASH). This is distinguished by inflammatory response and irreversible cell death. NASH is a chronic disease that worsens over time. Over a ten-year period, up to 20% of NASH patients develop liver cirrhosis, and 10% die from the disease. The increasing rate of population explosion and the rising prevalences of various diseases is a prime factor augmenting the sales growth of the global Non- Alcoholic Steatohepatitis Treatment market during the forecast period, set between 2021 and 2031.

The Non- Alcoholic Steatohepatitis Treatment market is classified on the basis of drug type, end use, and region. Based on drug type, the market is categorized into cenicriviroc, aramchol, resmetirom, semaglutide, lanifibranor, obeticholic acid (OCA), vitamin E and pioglitazone, and others. In terms of end-use, the market is trifurcated into retail & specialty pharmacies, hospital pharmacies, and others.

The report on Non- Alcoholic Steatohepatitis Treatment market provides both qualitative and quantitative overview of the market along with drivers, restraints, challenges, and future growth opportunities. It also throws light on the key innovations that made positive contribution to the market in terms of revenue generation. The impact of the novel COVID19 pandemic is also discussed in the report. List of the notable players and their efforts in the form of innovations and new product launches is also discussed in details. For more information on this report, log on to the company website.

Non- Alcoholic Steatohepatitis Treatment Market - Competitive Landscape

The nature of competition for the global market is fragmented owing to the presence of a multiple players. Leading players of the Non- Alcoholic Steatohepatitis Treatment market are using multiple strategies such as introducing innovative products to attract more revenues to the market. Other players are engaging in merger and acquisition, and joint ventures and collaborative efforts to create revenue generation opportunities for the Non- Alcoholic Steatohepatitis Treatment market in the coming years.

Some of the key players of the global Non- Alcoholic Steatohepatitis Treatment market include:

  • Gilead Sciences Inc.
  • Bristol Myers Squibb
  • Novo Nordisk A/S
  • NGM Biopharmaceuticals
  • Galectin Therapeutics Inc.
  • Inventiva Pharma
  • Intercept Pharmaceuticals
  • AbbVie Inc.
  • Madrigal Pharmaceuticals
  • Others

Non- Alcoholic Steatohepatitis Treatment Market - Growth Drivers

The increasing prevalence of diabetes among people is a prime factor augmenting the growth of the global non-alcoholic Steatohepatitis treatment market. Besides this, the rise in cases of obesity across the world, further attributed to changing lifestyle and irregular eating and sleeping habits will also aid in expansion of the global non-alcoholic Steatohepatitis treatment market.

Non- Alcoholic Steatohepatitis Treatment Market - Geographical Insights

Regionwise, this market is widespread into the regions of Latin America, Europe, North America, and the Middle East and Africa. These regions are further categorized as per the nations bringing business. North America emerged as the largest revenue generator for the Non- Alcoholic Steatohepatitis Treatment market owing to the rising rate of patient pool for various chronic diseases, coupled with presence of high obese population. Additionally, the presence of major players in the non-alcoholic Steatohepatitis treatment market will also help this region continue dominating the market in the coming years.

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