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Hyperkalemia Treatment Market is into the Phase of Huge Growth During the Upcoming Year with Key Players | AstraZeneca, Klarvoyant Biogenics Pvt. Ltd, Concordia Pharmaceuticals Inc, Steadfast MediShield Pvt. Ltd, Perrigo Company plc

09-30-2019 05:52 PM CET | Health & Medicine

Press release from: Worldwide Market Reports

Hyperkalemia Treatment

Hyperkalemia Treatment

The report for the Hyperkalemia Treatment Market provides a detailed analysis of the market for the forecast period 2019-2027. The report discusses everything a marketer would require before making an investment in the Hyperkalemia Treatment market including market trends, growth rate, market size, drivers, restraints, and growth opportunities. The report also provides detailed insight into different segmentations, influential trends, and market potentials. The data in the market report is obtained from reliable websites, industry-recommended magazines, and paid resources. The report contains first-hand data of market trends, obtained through rigorous research that can transform the arc of business. A thorough assessment of the market would allow marketers to make well-informed decisions.

Hyperkalemia is a diseases in which levels of potassium are higher than normal level (3.5 and 5.0 mmol/L) in blood serum. Kidneys are responsible for managing potassium balance in the body by regulating its excretion as well as its intake. A person is prone to develop hyperkalemia when the consumption of potassium exceeds that of kidneys’ potential to excrete it. The right amount of potassium and sodium in the body play a vital role in normal functioning of the myocardium.

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Hyperkalemia is the medical term that describes a potassium level in your blood that's higher than normal. Potassium is a chemical that is critical to the function of nerve and muscle cells, including those in your heart. Your blood potassium level is normally 3.6 to 5.2 millimoles per liter (mmol/L).
Increase in prevalence of cardiac arrhythmias and chronic kidney disease are major factors driving growth of hyperkalemia treatment market during the forecast period. According to Centers for Disease Control and Prevention (CDC) report, in 2017 around 30 million or 15% people suffer from chronic kidney diseases in the U.S. Increasing number of people suffering from lifestyle-associated diseases also leads to high prevalence of hyperkalemia, which in turn boost growth of the market.

Major players operating in the hyperkalemia treatment market include, AstraZeneca, Klarvoyant Biogenics Pvt. Ltd, Concordia Pharmaceuticals Inc, Steadfast MediShield Pvt. Ltd, Perrigo Company plc, AdvaCare Pharma, Eli Lilly and Company, Carolina Medical Products, Relypsa, Inc., RSM Kilitch Pharma Pvt. Ltd, Novel Laboratories, and others.

Hyperkalemia Treatment Market – Regional Insights

On the basis of geography, the global hyperkalemia treatment market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the global hyperkalemia treatment market followed by Europe during the forecast period.

The U.S. holds a dominant position in North America market due to development in healthcare infrastructure, and Unhealthy lifestyle of U.S of citizen. As incidence of hyperkalemia has been reported anywhere from 2.6% to 3.2% which is highest among others region.

Furthermore, Asia Pacific hyperkalemia treatment market is expected to witness significant growth due increasing launches of drugs for the treatment of hyperkalemia. For instance, In May 2018, The U.S. Food and Drug Administration (U.S FDA) approved AstraZeneca’s, Lokelma a drug that is insoluble, non-absorbed sodium zirconium silicate, oral suspension and acts as a highly-selective potassium-removing agent for the treatment of hyperkalemia in adults.

Similarly, in October 2015, the U.S FDA approved Relypsa, Inc.’s., Veltassa a drug to treat hyperkalemia.

On the basis of drug type, the global hyperkalemia treatment market is segmented into:
IV Calcium
Insulin
Sodium Bicarbonate
Beta2 Agonist
Diuretics
Sodium Polystyrene Sulfonate
Others

On the basis of route of administration, the global hyperkalemia treatment market is segmented into:
Oral
Intravenous (IV)
Inhalation
Rectal

On the basis of distribution channel, the global hyperkalemia treatment market is segmented into:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

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