Non-Alcoholic Steatohepatitis Clinical Trials Market is projected to reach US$ 5.1 billion by 2032
Future Market Insights research on the Non-Alcoholic Steatohepatitis Clinical Trials Market indicates that global sales remained stable at US$ 2.5 billion in 2021. However, the market is expected to grow significantly from 2022 to 2032, with a projected growth rate of 7%, which is higher than the historical increase. Phase 3 is anticipated to be the highest revenue-generating segment in the Non-Alcoholic Steatohepatitis Clinical Trials Market, with a projected CAGR of approximately 11.2% from 2022 to 2032.
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Market for Non-Alcoholic Steatohepatitis Clinical Trials from 2017 to 2021 in terms of revenue In contrast to the Demand Forecast for 2022 to 2032
According to a study on the Non-Alcoholic Steatohepatitis Clinical Trials Market conducted by Future Market Insights, a provider of market research and competitive intelligence, from 2017 to 2021, the market value of this disease increased at a compound annual growth rate (CAGR) of about 6.2%, with the USA, the UK, China, and Japan accounting for a sizable portion of the global market.
Moreover, advancing technology, an ageing population, an increase in the prevalence of chronic diseases, and an increase in surgical operations are the main drivers of the expansion. Because of this, the market for non-alcoholic steatohepatitis clinical trials is anticipated to expand at a CAGR.
How did the market for non-alcohol steatohepatitis clinical trials perform during the pandemic?
Trials were put on hold as a result of the pandemic because of decreased patient participation in clinical research and supply chain disruptions. Virtual participants and COVID-compliant screening, however, allowed some organisations to complete the trials. As an illustration, Novartis conducted a phase two trial of a particular medicine for non-alcoholic steatohepatitis after the drug was recognised as a ground-breaking treatment in the United States. In phase 3a, semaglutide will be started in patients with non-alcoholic steatohepatitis (NASH) in 2021. The outcomes of a phase two proof-of-concept experiment in NASH were given by Novo Nordisk and Gilead Sciences. In the US, NASH is the second most common reason for liver transplants. Hepatocellular carcinoma is also connected to NASH.
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The results of a phase two proof-of-concept study in NASH were revealed by Nordisk and Gilead Sciences. The second most common reason for liver transplants in the US is NASH. Several studies have found a connection between NASH and hepatocellular cancer growth.
Analysis by country
The USA Clinical Trials for Non-Alcoholic Steatohepatitis: Market Research
One of the most prevalent chronic liver diseases in the USA is NAFLD. In the USA, roughly 20% of adults are thought to have NASH and about 25% are thought to have NAFLD. Given these worrying figures, the Non-Alcoholic Steatohepatitis Clinical Trials market in the USA is predicted to grow at a CAGR of 7.5% from 2022 to 2032, reaching a valuation of US$ 1.9 billion.
It can be challenging to separate patients into distinct fibrosis phases in NASH trials because to pathologist bias. In order to achieve more accurate and consistent biopsy analysis, Sagimet Biosciences is adopting digital histopathology in its Stage IIb non-alcoholic steatohepatitis (NASH) investigation. Digital pathology for NASH involves histological imaging of biopsy samples, which are subsequently assessed using artificial intelligence (AI) to find fibrosis alterations. Sagimet is collaborating with HistoIndex, a Singapore-based diagnostic company, in the Phase IIb FASCINATE-2 trial (NCT04906421) to research TVB-2640.
More Insights Available:
Fatty Liver Nonalcoholic Steatohepatitis (NASH) Clinical Trials Market is a rapidly growing market that focuses on developing treatments for nonalcoholic steatohepatitis, a type of liver disease caused by the buildup of fat in the liver. The market is driven by the increasing prevalence of obesity and type 2 diabetes, which are the primary risk factors for developing NASH. Clinical trials are being conducted to develop effective treatments for NASH, including medications, lifestyle modifications, and surgical interventions. The market is expected to experience significant growth in the coming years due to the rising demand for NASH treatments and the increasing investment in research and development by key market players.
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Market Segments Covered in Non-Alcoholic Steatohepatitis Clinical Trials Market Analysis
By Study Design:
- Expanded Access
- Phase 1
- Phase 2
- Phase 3
- Phase 4
- North America
- Latin America
- Asia-Pacific (APAC)
- Middle East and Africa (MEA)
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