PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1572509
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1572509
The Global Non-alcoholic Steatohepatitis (NASH) Treatment Market was valued at USD 5.5 billion in 2023 and is projected to expand at a CAGR of 29.9% from 2024 to 2032. The market is driven by the rising prevalence of metabolic disorders, largely due to increasing obesity and type 2 diabetes rates, and heightened awareness of NASH as a critical health concern.
A 2022 report from the World Health Organization (WHO) noted that 43% of adults globally were overweight, with 16% classified as obese. These statistics highlight the global health challenge posed by metabolic diseases, including the heightened risk of developing NASH. In response, innovative treatment strategies, from new drug therapies to lifestyle interventions emphasizing weight management, bolster patient care and fuel market growth.
Advancements in diagnostic techniques play a pivotal role in propelling the market. Enhanced medical technologies and diagnostic methods empower healthcare professionals to detect and monitor NASH with greater accuracy. The evolution of these methods has birthed less invasive yet precise diagnostic tools, essential for effective disease management. A report from the American Association for the Study of Liver Diseases (AASLD) noted a 40% improvement in the accuracy of non-invasive diagnostic tools from 2010 to 2020.
The overall non-alcoholic steatohepatitis treatment industry is divided based on drug type, route of administration, distribution channel, and region.
The vitamin E and Pioglitazone segment commanded a market share of USD 1.7 billion in 2023. Vitamin E's antioxidant properties play a crucial role in treating NASH, helping to alleviate liver inflammation. Pioglitazone, from the thiazolidinedione class, shows promise, especially for NASH patients with type 2 diabetes. Its affordability and safety make vitamin E a go-to recommendation for NASH patients, further driving market growth. Additionally, pioglitazone's ability to boost insulin sensitivity and improve liver histology in NASH patients, especially diabetics, underscores its significance.
The retail and specialty pharmacies segment accounted for USD 2.7 billion in 2023. As NASH prevalence surges, driven by global obesity trends and metabolic syndrome incidences, the demand for effective therapies has skyrocketed. Retail pharmacies often serve as the initial touchpoint for patients, offering both over-the-counter and prescription solutions for NASH symptoms like fatigue. Their role in ensuring accessibility and affordability is vital for chronic conditions like NASH. Specialty pharmacies, focusing on complex medications, offer personalized services, including patient education, crucial for navigating NASH's intricate treatment regimens.
Projected to grow at a CAGR of 28.4%, North America NASH treatment market is set to reach USD 23.2 billion by 2032. The U.S. market expansion is closely tied to the rising NASH prevalence. Data from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) reveals that approximately 24% of U.S. adults have NAFLD, with 1.5% to 6.5% diagnosed with NASH. Untreated, NASH poses severe risks, including cirrhosis and liver cancer. Contributing factors include escalating obesity rates, a surge in type 2 diabetes cases, and increasingly sedentary lifestyles. The market also sees a notable uptick in research and development endeavors, underscoring the quest for effective treatments.