South Korea Non Alcoholic Steatohepatitis (NASH) Therapeutics Market Analysis

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  • Type: Common Disease Area
  • Published : June 2021
  • Region: Asia
  • Country: South Korea
  • Report ID : 4870

  • Format: PPT, PDF

South Korea Non-Alcoholic Steatohepatitis (NASH) Therapeutics Market: Segmented By Drugs Type (PPAR Agonists [Elafibranor, Pioglitazone, Saroglitazar], FXR- Bile Acid Agents [Obeticholic Acid], Anti- Inflammatory [Cenicriviroc], Antioxidants [Vitamin E, PTX], Anti-Fibrotic [Simtuzumab]) and By Sales Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) – Growth, Trends and Forecasts (2019 – 2028)

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Report Overview

The South Korea non-alcoholic steatohepatitis therapeutics (NASH) market size stood at around USD xx billion in 2019 and is projected to reach xx billion by 2028, exhibiting a CAGR of around 6.5% during the forecast period.

The prevalence of non-alcoholic fatty liver disease (NAFLD) in Korea is about 30 percent. NAFLD progresses into NASH. Non-alcoholic steatohepatitis is a form of liver disease that develops in patients who are not alcoholic or consume little alcohol. NASH is one of the common liver diseases, often called silent liver disease. It is characterized by cell injury, inflammatory cell infiltration and hepatocyte ballooning that may further progress to fibrosis, cirrhosis, and hepatocellular carcinoma (HCC).

NASH is expected to surpass hepatitis C virus infection as the leading aetiology of end-stage liver disease requiring liver transplantation in coming years. It is also currently the leading aetiology driving the burden of hepatocellular carcinoma.

Market Drivers

Increase in prevalence of NASH, strong presence of ideal pipeline molecules, higher number of unmet needs, and growth in awareness of NASH therapeutics will fuel the market drive of NASH therapeutics during the forecasted period.

Furthermore, rise in prevalence of chronic diseases like diabetes and obesity, is expected to influence the market growth. On the other hand, lack of diagnostic technologies for NASH limit the growth of the market.

 

1. South Korea Non-Alcoholic Steatohepatitis (NASH) Therapeutics Market Overview……………….
A. Market Size
2. Market Growth Drivers………………………………………………………………….
A. Growth in Demand for Specific NASH Therapeutics
B. Surge in Prevalence of NASH
C. Launch of Pipeline Drugs
3. Fatty Liver Disease Types……………………………………….
A. Non-Alcoholic Fatty Liver (NAFL)
B. Non-Alcoholic Steatohepatitis (NASH)
C. Acute Fatty Liver of Pregnancy
D. Alcoholic Fatty Liver Disease
E. Alcoholic Steatohepatitis
4. Non-Alcoholic Steatohepatitis Therapeutics Market Segmentation………
A. Drugs Type
I. PPAR Agonists (Elafibranor, Pioglitazone, Saroglitazar)
II. FXR- Bile Acid Agents (Obeticholic Acid)
III. Anti- Inflammatory (Cenicriviroc)
IV. Antioxidants (Vitamin E, PTX)
V. Anti-Fibrotic (Simtuzumab)
B. Sales Channel
I. Hospital Pharmacy
II. Retail Pharmacy
III. Online Pharmacy
5. Non-Alcoholic Steatohepatitis Therapeutics Products Market Share….
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles………………………………………………………………….
A. Yuhan Corporation Company Overview, Product & Services, Strategies & Financials
B. Dong-A ST Company Overview, Product & Services, Strategies & Financials
C. Hanmi Pharmaceutical Company Overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth……………………………………
A. New Trends and Development of Non-Alcoholic Steatohepatitis Therapeutics
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Type:

On the basis of drug type market is segmented as PPAR agonists, FXR- bile acid agents (obeticholic acid), anti- Inflammatory (cenicriviroc), antioxidants (Vitamin E, PTX) and anti-fibrotic (simtuzumab). PPAR agonists include elafibranor, pioglitazone and saroglitazar.

At present, there is no FDA-approved drug to treat NASH. Vitamin E & pioglitazone are used as first line drugs, they dominate the NASH market, due to efficacy. On the other hand, elafibranor and cenicriviroc segments are expected to exhibit significant growth in the future, majorly due to its effectiveness in severely affected NASH patients.

By Sales Channel:

According to sales channel NASH therapeutics market is segmented into hospital, retail, and online pharmacies.

 

Top Players

Despite the significant burden to the public health system, there are no FDA-approved drugs that are specifically tailored for this condition. Therefore, the need for effective treatment that manages the complex pathophysiologic processes of NASH, can no longer be ignored. Several novel medications targeting different stages and molecular events in the disease process are currently in the pipeline, while other previously known off-label treatments are still used.

Domestic companies developing non-alcoholic steatohepatitis specific treatments include Yuhan Corporation, Dong-A ST, ST Pharm, Hanmi Pharmaceutical, NG Chem Life Science, Samil Pharmaceutical, Huons, Pharma king, CJ Healthcare (Kolmar Korea), and LG Chem.

 

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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