Global Non-Alcoholic Fatty Liver DiseaseMarket
The global Non-Alcoholic Fatty Liver Disease market is estimated to be worth over USD13.95 Bn in 2033 and is expected to grow at CAGR of24.18% during the forecast period (2024-2033).
The global non-alcoholic fatty liver disease (NAFLD) market is witnessingrobust growth, fuelled by numerous factors. Primarily, the growing prevalence of obesity and diabetes across the world has contributed to the higher incidence of NAFLD, as these conditions are major risk factors. In addition, varying lifestyles marked by sedentary habits and unhealthy dietary patterns further exacerbate the prevalence of NAFLD.
Novel technologies are also holding an integral role in advancing the diagnosis and treatment of NAFLD. Non-invasive diagnostic methods such as transient elastography and magnetic resonance imaging (MRI) have gained significanceowing to their precision and patient-friendly nature, minimizing the dependency on invasive liver biopsies. Along with that, breakthroghs in imaging techniques and biomarker identification have also improved early detection and monitoring of the disease, allowing timely intervention and enhanced patient outcomes.
In terms of significant developments, pharmaceutical firms are actively investing in research and development efforts to bring novel therapeutics to the market. Targeted therapies emphasized at addressing specific pathways included in NAFLD pathogenesis, such as lipid metabolism and inflammation, are under investigation. Moreover, the advent of combination therapies and multi-modal approaches involving lifestyle modifications, pharmacotherapy, and surgical interventions are being explored to effectively manage NAFLD and its associated complexities.
Likewise, the regulatory landscape surrounding NAFLD is evolving, with greater recognition of the disease strain by healthcare authorities across the globe. This has led to initiatives aimed at raising awareness, enhancing diagnosis, and fostering collaboration among stakeholders to address the soaring public health challenge posed by NAFLD.
Therefore, the global NAFLD market is experiencingsignificant growth led by factors such as the growing prevalence of predisposing conditions, progresses in diagnostic technologies, and continuous research and development efforts to introduce innovative treatment modalities. With sustained focus on early detection, effective management, and preventive strategies, the market stands ready for future expansion to meet the surging healthcare needs of patients affected by NAFLD.
The market report presents an in-depth analysis, highlighting the capabilities of various stakeholders engaged in this industry, across different geographies. Amongst other elements, the market report includes:
A preface providing an introduction to the full report, Non-Alcoholic Fatty Liver Diseasemarket, 2023-2033.
An outline of the systematic research methodology adopted to conduct the study on Non-Alcoholic Fatty Liver Diseasemarket, providing insights on the various assumptions, methodologies, and quality control measures employed to ensure accuracy and reliability of our findings.
An overview of economic factors that impact the overall Non-Alcoholic Fatty Liver Diseasemarket, including historical trends, currency fluctuation, foreign exchange impact, recession, and inflation measurement.
An executive summary of the insights captured during our research, offering a high-level view of the current state of the Non-Alcoholic Fatty Liver Diseasemarket and its likely evolution in the mid-to-long term.
A brief introduction to the Non-Alcoholic Fatty Liver Disease, highlighting their historical background, as well as information on their types, key aspects, key challenges and the advantages of using Non-Alcoholic Fatty Liver Disease.
A detailed assessment of the market landscape of Non-Alcoholic Fatty Liver Diseasethat are either approved or being evaluated in different stages of development, based on several relevant parameters, such as By Drug Type (Vitamin E and Pioglitazone, Ocaliva, Elafibranor, Elonsertib and Cenicriviroc, Obeticholic Acid, Others), By Sales Channel (Hospital Pharmacy, Online Providers, Retail Pharmacy), By Disease Cause (Hypertension, Heart Disease, High Blood Lipid, Type 2 Diabetes, Obesity), By End User (Hospitals, Clinics, Homecare Settings). Further, the chapter features analysis on key niche market segments. In addition, the chapter features analysis of various Non-Alcoholic Fatty Liver Diseasedevelopers, based on their year of establishment, company size, location of headquarters and most active players.
An in-depth analysis of partnerships and collaborations that have been inked between various stakeholders, since 2019, based on several relevant parameters, such as the year of partnership, type of partnership, focus of partnership, purpose of partnership, therapeutic applications and most active players (in terms of number of partnerships). It also highlights the regional distribution of partnership activity in this market.
A detailed analysis of various investments made by companies engaged in this industry, since 2019, based on several relevant parameters, such as year of funding, type of funding (grants, seed, venture capital, initial public offering, secondary offerings, private equity and debt financing), type of HPAPIs, amount invested, geography, purpose of funding, stage of development, therapeutic area, most active players (in terms of number and amount of funding instances) and leading investors (in terms of number of funding instances).
An in-depth analysis of the various Non-Alcoholic Fatty Liver Diseasefocused initiatives undertaken by big market players, based on several relevant parameters, such as number of initiatives, year of initiative, type of initiative, purpose of initiative, focus of initiative and location of headquarters of the big pharma players.
One of the key objectives of this market report was to estimate the current market size and the future growth potential of the Non-Alcoholic Fatty Liver Diseaseover the forecast period. Based on several parameters, such as regional analysis as well as segmental analysis rates, we have developed informed estimates of the likely evolution of the Non-Alcoholic Fatty Liver Diseasemarket over the forecast period 2023-2033. Our year-wise projections of the current and future opportunity have further been segmented based on relevant parameters, such as By Drug Type (Vitamin E and Pioglitazone, Ocaliva, Elafibranor, Elonsertib and Cenicriviroc, Obeticholic Acid, Others), By Sales Channel (Hospital Pharmacy, Online Providers, Retail Pharmacy), By Disease Cause (Hypertension, Heart Disease, High Blood Lipid, Type 2 Diabetes, Obesity), By End User (Hospitals, Clinics, Homecare Settings), by key geographical regions (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) and leading players. In order to account for future uncertainties associated with some of the key parameters and to add robustness to our model, we have provided three market forecast scenarios, namely conservative, base, and optimistic scenarios, representing different tracks of the industry’s evolution.