Global Non-alcoholic Fatty Liver Disease Therapeutics Market 2018-2022

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The global non-alcoholic fatty liver disease therapeutics market is expected to grow at a CAGR of over 16% during the forecast

Non-alcoholic fatty liver disease therapeutics industry growth is expected to accelerate massively over the next five years, driven by increasing prevalence of non-alcoholic fatty liver disease. The Americas will drive more than half of the growth for non-alcoholic fatty liver disease treatment companies, while EMEA and APAC are also predicted to contribute sizably to the incremental growth in the forecast period. Non-alcoholic fatty liver disease (NAFLD) is the most common cause of chronic liver dysfunction and a significant health problem across the globe. The major risk factors associated with NAFLD are obesity, gastric bypass surgery, hypertension, and type 2 diabetes. Technavio’s non-alcoholic fatty liver disease therapeutics industry analysis reveals promising markets around the world.

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Growing incidences of non-alcoholic fatty liver diseases is driving the market growth

The global non-alcoholic fatty liver disease therapeutics market is likely to be driven by growing cases of non-alcoholic fatty liver disease over the next few years. The prevalence of non-alcoholic fatty liver disease is increasing with the rise in obesity in industrialized societies which is expected to drive the growth for non-alcoholic fatty liver disease therapeutics. According to the NCBI, the global prevalence of obesity among males and females above 60 years of age was 13% and 19% respectively, and over 30% of the global adult population were found to be obese. The high incidence of these associated conditions is expected to boost the demand for fatty liver treatment across the period of forecast.

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ALLERGAN, GlaxoSmithKline, and Merck are among the leading non-alcoholic fatty liver disease therapeutics vendors

Most of the established non-alcoholic fatty liver disease therapeutics companies are focused on engaging in strategic alliances to strengthen their market position. Such acquisitions and alliances are expected to help the vendors extend their geographical reach and expand their product portfolio which is likely to contribute to the growth of the market. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several companies, including:

• ALLERGAN
• GlaxoSmithKline
• Merck
• Novartis
• Pfizer

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