Progressive numbers of Liver disorders along with rise in obesity will fuel the demand for NASH Drugs
Date: 10 December 2015
According to recently published Azoth Analytics “Global NASH (Non –Alcoholics Steatohepatitis) Market: Trends, Opportunities and Forecasts (2015-2030) - (By Region, By Drugs – Off Label & Special Treatment, Aramachol, Clinical Pipeline, GR-MD-02, GFT 505 Market)”, global NASH market is forecast to grow at a CAGR of more than 25.56% during 2015 – 2020, on account of rise in obesity among young population, modern lifestyle negatively impacting human health and lack of proper medical ailment. Moreover increase in awareness among people regarding this disease may reduce propelling growth of this degenerative disorder. In addition, expansion plans and investments are anticipated to boost the Global NASH Disease Market during 2015-20.
In terms of segmentation, market is categorized By off Label Drug, By Speciality Drug, By NAFLD and By Patient. Although, North America Region is anticipated to lead the revenue contribution to the Global NASH Market, Europe is also expected to witness a higher growth rate till 2020.
“With the industry witnessing robust expansion plans, it is anticipated that the Global NASH market will exhibit higher CAGR in the forecast period as well. “Rise in healthcare expenditure in current market scenario and increasing investment in Research and Development worldwide is anticipated to make the industry more competitive and dynamic.” said Mr Matloob Hassan, Research Director with Azoth Analytics, a research based management consulting firm.
“Global NASH (Non –Alcoholics Steatohepatitis) Market: Trends, Opportunities and Forecasts (2015-2030) - (By Region, By Drugs – Off Label & Special Treatment, Aramachol, Clinical Pipeline, GR-MD-02, GFT 505 Market)” report has analysed the potential of NASH market and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global NASH market.