Rising rate of obesity and diabetes globally and launches of multiple late-stage pipeline products will transform the market
THE NON-ALCOHOLIC steatohepatitis (NASH) space across the seven major markets of the US, France, Germany, Italy, Spain, the UK, and Japan, is set to rise from $618 million in 2016 to around $25.3 billion by 2026, representing a very rapid compound annual growth rate of 45 per cent, according to research and consulting firm GlobalData.
The company’s latest report states that major drivers of this impressive growth include the rising rate of obesity and diabetes globally and the launches of multiple late-stage pipeline products, which will transform the market from one dominated by the use of off-label generics to a burgeoning, competitive space.
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