USD 2.42 billion
Report ID:
SQMIG35A2593 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
34
|Figures:
74
Non-Alcoholic Steatohepatitis Biomarkers Market size was valued at USD 3.25 billion in 2022 and is poised to grow from USD 4.37billion in 2023 to USD 46.81 billion by 2031, growing at a CAGR of 34.50% in the forecast period (2024-2031).
The Global Non-alcoholic Steatohepatitis (NASH) Biomarkers market is experiencing significant growth and is driven by several factors. The market is witnessing increasing prevalence of NASH, which is a chronic liver disease associated with obesity and metabolic disorders.
As the incidence of NASH continues to rise, the demand for accurate and reliable biomarkers for early diagnosis, disease progression monitoring, and therapeutic response evaluation is increasing.
Biomarkers play a crucial role in identifying individuals at risk of developing NASH, differentiating NASH from other liver diseases, and assessing the severity and progression of the disease. Additionally, the market is benefiting from ongoing advancements in biomarker research and development, including the discovery of novel biomarkers and the development of non-invasive diagnostic tools.
Overall, the Global NASH Biomarkers market is poised for growth as it addresses the unmet need for effective diagnostic and monitoring tools for NASH, offering opportunities for market players to introduce innovative biomarker-based solutions.
Global Market Size
USD 2.42 billion
Largest Segment
liver fibrosis biomarkers
Fastest Growth
liver fibrosis biomarkers
Growth Rate
34.5% CAGR
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The global non-alcoholic steatohepatitis biomarkers market is segmented by type, application, and region. Based on type, the market can be segmented into liver fibrosis biomarkers and genetic biomarkers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Type
The dominant sub-segment in the type segment of the NASH Biomarkers market is the liver fibrosis biomarkers. Liver fibrosis is a common consequence of NASH and is an important indicator of disease progression. Biomarkers such as enhanced liver fibrosis (ELF) score, FibroTest, and FibroScan are commonly used to assess the degree of liver fibrosis and determine the stage of the disease. These biomarkers help clinicians in evaluating the severity of NASH and making treatment decisions.
The fastest growing sub-segment in the type of the NASH Biomarkers market is the genetic biomarkers. Genetic biomarkers involve the analysis of specific genes or genetic variations associated with NASH. As our understanding of the genetic basis of NASH improves, genetic biomarkers are gaining importance in diagnosing and predicting the risk of developing NASH. Genetic tests, such as genetic profiling and single nucleotide polymorphism (SNP) analysis, are increasingly being used to identify individuals at high risk for NASH and tailor personalized treatment strategies.
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One dominant region in the global non-alcoholic steatohepatitis (NASH) biomarkers market is North America. North America has a well-established healthcare infrastructure, advanced diagnostic technologies, and a high prevalence of NASH, making it a key region for NASH biomarker research and development. The region is home to several major pharmaceutical and biotechnology companies that are actively involved in developing and commercializing NASH biomarkers. Additionally, North America has a strong regulatory framework and reimbursement policies that support the adoption of biomarker-based diagnostics in clinical practice.
One of the fastest growing regions in the global NASH biomarkers market is the Asia-Pacific region. The Asia-Pacific region is witnessing a rising prevalence of NASH due to the increasing prevalence of obesity, sedentary lifestyle, and changing dietary habits. Moreover, there is a growing awareness among healthcare professionals and patients regarding the early detection and management of NASH. As a result, there is an increasing demand for biomarker-based diagnostics in this region. Additionally, countries like China and India are investing in healthcare infrastructure development and research initiatives, which further fuels the growth of the NASH biomarkers market in the Asia-Pacific region.
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Drivers
Increasing Prevalence Of Nash Worldwide
Restraints
Lack Of Standardized Biomarkers And Regulatory Challenges
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The global market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Non-alcoholic Steatohepatitis Biomarkerss. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global non-alcoholic steatohepatitis (NASH) biomarkers market is witnessing significant growth due to the increasing prevalence of non-alcoholic fatty liver disease (NAFLD) and NASH worldwide. NASH biomarkers play a crucial role in diagnosing and monitoring the progression of the disease, as well as evaluating the efficacy of therapeutic interventions. These biomarkers help in assessing liver fibrosis, inflammation, and oxidative stress, providing valuable insights for patient management and treatment decisions. The market is driven by the growing demand for non-invasive diagnostic tools, advancements in biomarker discovery technologies, and the rising awareness about NASH and its associated complications. As the healthcare industry focuses on personalized medicine and targeted therapies, the development and commercialization of reliable and accurate NASH biomarkers hold great promise in improving patient outcomes and optimizing healthcare resources.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.25 billion |
Market size value in 2031 | USD 46.81 billion |
Growth Rate | 34.50% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Non-alcoholic Steatohepatitis Biomarkers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Non-alcoholic Steatohepatitis Biomarkers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Report ID: SQMIG35A2593