Global non-alcoholic steatohepatitis management market is expected to rise to an estimated value of USD 79846.93 million by 2026, registering a healthy CAGR of 58.65% in the forecast period of 2019-2026. Increasing NASH-affected population is the major factor for the growth of this market.
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Few of the major competitors currently working in the global non-alcoholic steatohepatitis management market are ALLERGAN, Zydus Cadila, Conatus Pharmaceuticals Inc, Galmed Pharmaceuticals Ltd, Gemphire Therapeutics, Genfit SA, Gilead Sciences, Inc., Intercept Pharmaceuticals, Inc., Novartis AG, Shire, Shire, Novo Nordisk India Pvt Ltd, Immuron, Zydus Cadila.
Key Developments in the Market:
- In October 2018, Novartis announced that they have signed an agreement with Pfizer. The main aim of the agreement is to combine the tropifexor and one or more Pfizer compounds for the treatment of NASH, which consist of an Acetyl CoA-Carboxylase (ACC) Inhibitor (PF-05221304, a Diacylglycerol O-Acyltransferase 2 Inhibitor (PF-06865571, and a Ketohexokinase (KHK) Inhibitor (PF-06835919). This will help the company to provide the treatment of the non-viral diseases.
- In April 2018, The Kinetix Group announced that they have partnered with Rimdi so that they so that they can improve their Nonalcoholic Fatty Liver Disease (NAFLD) and Nonalcoholic Steatohepatitis (NASH) so that they can extract their NASHNET. The main aim is to provide better delivery model so that they can provide better treatment for chronic diseases.
Competitive Analysis: Global Non-Alcoholic Steatohepatitis Management Market
Global non-alcoholic steatohepatitis management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of non-alcoholic steatohepatitis management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Market Drivers
- Increasing cases of diabetes and obesity among population is driving 5the growth of this market
- Rising healthcare expenditure is another factor driving the market growth
- Increasing availability of pipeline drugs is driving the market growth
- Rising NASH- affected population is driving the growth of this market
Market Restraints
- Lack of sufficient technologies is restraining the market growth
- Dearth of prevalence in the underdeveloped countries is another factor restraining the market
Segmentation: Global Non-Alcoholic Steatohepatitis Management Market
By Drug Type
- Vitamin E & Pioglitazone
- Ocaliva
- Elafibranor
- Selonsertib & Cenicriviroc
By Sales Channel
- Hospital Pharmacy
- Online Provider
- Retail Pharmacy
By Disease Type
- Hypertension
- Heart Disease
- High Blood Lipid
- Type 2 Diabetes
- Obesity
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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