Kidney Disease Market Top Players- Abbott, F. Hoffmann-La Roche Ltd, AbbVie's Inc., Pfizer Inc

According to our latest study on “Kidney Disease Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product Type and End User,” the market is expected to reach US$ 133,444.71 million by 2027 from US$ 81,128.11 million in 2019; it is estimated to grow at a CAGR of 6.5% from 2020 to 2027. The report provides trends prevailing in the global kidney disease market, and the drivers and hindrances pertaining to the market growth.
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Based on product type, the global kidney disease market is segmented into diagnosis and treatment. The diagnosis segment is estimated to register the highest CAGR in the market during the forecast period. Kidney diseases can be diagnosed with the help of various tests, such as blood tests, urine tests, and imaging tests. The tests must be performed in case of diabetes, high blood pressure, heart disease, and a family history of kidney failure. Early kidney disease usually does not show any symptoms. Testing is the only way to know how well kidneys are working. Increasing number of treatment procedures and product development are likely to propel the market's growth during the forecast period.

High prevalence of chronic diseases leading to kidney diseases and favorable reimbursement policy for the kidney disease treatments are the key factors driving the growth of the kidney disease market. Moreover, increase in preference for robotic surgeries for kidney diseases is likely to have positive impact on the market in the coming years. However, undiagnosed cases of kidney disease are restricting the market growth.
The report segments the global kidney disease market as follows:

By Product Type
• Diagnosis
o Blood Tests
o Urine Tests
o Imaging Tests
o Others
• Treatment
o Drug Class
 ACE Inhibitors
 Angiotensin-II Receptor Blockers
 Diuretics
 Others
By End User
• Hospitals
• Diagnostic Laboratories
• Others

End UserInsights
Based on end user, the global kidney disease market is segmented into hospitals, diagnostic laboratories, and others. In 2019, the hospitals segment held a major share of the market and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
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Strategic Insights
Product launches and approvalsare the commonly adopted strategies by companies to expand their global footprintsand product portfolios tomeet the growing consumer demand. The kidney disease marketplayers adopt the collaborationsstrategy to enlarge customer base worldwide, which also permits them to maintain their brand name globally.

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