Singapore Non-alcoholic steatohepatitis (NASH), is a common liver
disease, often called as silent liver disease. It is asymptomatic until its
later stages, and thus many patients are unaware of their condition. NASH is
projected to lead the cause of liver transplantation in the U.S. in the coming
years. Some major factors such as higher prevalence of NASH, expected launch of
pipeline drugs, and higher number of unmet needs drive the growth of this
market. However, poor diagnosis of NASH due to the lack of ideal diagnostic
technologies limit the growth of the NASH market.
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At present, there is no FDA-approved drug available in the
market for the treatment of NASH. Lifestyle interventions are the first-line
approach to manage patients with NASH. Based on drug type, the market is
segmented into vitamin E & pioglitazone, ocaliva, elafibranor, and
selonsertib & cenicriviroc. Vitamin E & pioglitazone segment
contributes majorly due to effectiveness in a treatment of steatosis,
inflammation, hepatocyte ballooning, and scarring in NASH patients.
Based on sales channel, the market is segmented into
hospital pharmacy, online provider, and retail pharmacy. At present, the retail
pharmacy segment is major revenue generator, and is estimated to show dominance
during the forecast period due to the patient convenience and strong presence
of retail pharmacies around the world. However, the online provider segment is
projected to exhibit the fastest market growth due to rise in awareness of
online pharmacies and increase in preference for online purchase of drugs over
the traditional methods.
North America accounted approximately one half of the global
market share in 2017 and is expected to remain dominant throughout the forecast
period. Major factors that driving the market growth in North America are,
early diagnosis of the disease, higher prevalence of disease, and strong
presence of pipeline drugs. On the other hand, Asia-Pacific is expected to
experience the highest CAGR of 62.62% during the forecast period primarily due
to growth in prevalence of NASH along with the increase in prevalence of
diabetes & obesity and rise in awareness of NASH among the patients.
Furthermore, growth in number of R&D activities, development in diagnostic
technologies, and increase in healthcare spending is expected to drive the Singapore NASH
market in Asia-Pacific region.
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