NASH Market
Non-alcoholic fatty liver disease (NAFLD), is the most common cluster of
conditions observed in in the population of younger age. The rising NAFLD
prevalence worldwide, attributed to rising complications associated with
insulin resistance, obesity and other metabolic disorders results in severe
liver damage resulting in Non-alcoholic steatohepatitis
(NASH).
NASH is an
accumulation of fat in the liver in an enormous amount in the people whose
intake of alcohol is nil or minimal. This build-up with time starts to damage
cells and inflammation of the liver rendering liver non-functional arising the
situation of liver transplant.
NASH has become
a serious problem now. According to a Healthcare Consulting company,
DelveInsight, the increase in Diabetes prevalence and rising trends of obesity
among people, NAFLD prevalent cases are set to hike at a CAGR rate of 1.02% for
the study period 2016-27 in the 7MM. Furthermore, highest NASH prevalence is
observed in the United States, which accounted for almost 50% of the total NASH
prevalent cases, followed by Japan which is itself shocking as Japan seems to
beat EU countries in this regard.
Looking at the
numbers, you might think that there would be enough options for NASH patient
pool.
However,
DelveInsight’s analysts upon analysing the NASH market landscape revealed that
at present there are no effective NASH therapies available in the NASH
therapeutic market. The sole treatment choice for the NASH Patients is
off-label therapies which dominates the NASH market by a significant number.
The lack of
approved effective NASH therapy has urged many key pharma companies such as Genfit,
Intercept Pharmaceuticals, Allergan, Galmed Pharmaceuticals, Bristol-Myers
Squibb, Cirius Therapeuticsa and many more to develop a therapy to target NASH
directly, observed DelveInsight.
DelveInsight
analysts estimates that the NASH market is set to experience a significant
annual growth over the study period. The NASH forecast studies put forward a
number that major NASH market sales are anticipated to hike up to USD 30,096.1
million by 2027. Also, the NASH market of off-label therapies will keep on
accelerating until a standard NASH therapy hits the NASH market.
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