The next 10 years to see the Diabetic Nephropathy Market growing exorbitantly at a CAGR of 5.6%

According to a new market report published by Persistence Market Research “Global Market Study on Diabetic Nephropathy Market – Asia to Witness Highest Growth by 2020,”.The global diabetic nephropathy market was valued at USD 2,262.2 million in 2014 and is expected to grow at a CAGR of 5.6% from 2014 to 2020, to reach an expected value of USD 3,145.9 million in 2020.

Planning Forward? Access Sample of Diabetic Nephropathy Market Report @ https://www.persistencemarketresearch.com/samples/3594

Diabetic nephropathy is a disease of the kidney glomerulus and one of the most significant complications in terms of mortality and morbidity for patients with diabetes. Globally, the diabetic nephropathy market is witnessing significant growth due to increasing prevalence of diabetes and obesity in different regions of the world. In addition, increasing R&D investments in drug discovery and development and raising awareness about diabetes and kidney-related disorders are also driving the growth of the market. However, stringent regulatory requirements and longer approval time for drugs as well as the lack of comprehensive therapeutic management for diabetic nephropathy are inhibiting the growth of diabetic nephropathy market. The global diabetic nephropathy market is estimated at USD 2,262.2 million in 2014. It is likely to grow at a CAGR of 5.6% from 2014 to 2020 to reach USD 3,145.9 million in 2020.

In North America, various government programs are spreading awareness about diabetes and related renal complications. For instance, the National Kidney Disease Education Program, one of the major programs organized by the U.S. government, for increasing awareness about the various kidney diseases. In addition, the number of diabetic patients are also increasing in the region; according to the SciELO Public Health, approximately 35 million people were affected with diabetes mellitus in 2000 and this number is expected to reach 64 million by 2025 in North America.

Get A Customized Scope To Match Your Need Ask An Expert – sales@persistencemarketresearch.com

In Europe, rise in healthcare expenditure for diabetes treatment and increasing prevalence of diabetes in the various part of Europe is boosting the growth of the European diabetic nephropathy market. According to IDF, approximately 55.4 million people had diabetes in 2010 and the number is expected to reach 66.5 million by 2030 in Europe. According to the IDF, healthcare expenditure for diabetes treatment was approximately USD 105.5 billion in 2010 and is expected to reach USD 124.6 billion by 2030 in Europe.
Asia represents the fastest growing region in the diabetic nephropathy market due to the rise in a diabetic population in various countries such as Japan and the Southeast Asian countries. According to the International Diabetes Federation (IDF), developing countries, such as India and China, are expected to have the highest number of diabetes mellitus patients compared to developed countries, such as the U.S. and Germany.

How About Re-Inventing The Methodical Wheel In The Diabetic Nephropathy Market? Switch Over To The “Methodology” Tab! https://www.persistencemarketresearch.com/methodology/3594

Sanofi is one of the leading players in the diabetic nephropathy market. Other major players in diabetic nephropathy market include Eli Lilly and Company, Mitsubishi Tanabe Pharma Corporation, Novartis AG, Pfizer, Inc., Abbott Laboratories, AbbVie, Inc., Bayer AG, Merck & Co., Inc., Bayer AG and Reata Pharmaceuticals, Inc.

The global diabetic nephropathy market is segmented as follows:
Diabetic nephropathy market, by model of treatment
• Disease Modifying Therapies
o Angiotensin-Converting Enzyme Inhibitors
o Angiotensin Receptor Blockers
o Diuretics
o Calcium Channel Blockers
o Renin Inhibitors
o Connective Tissue Growth Factor Inhibitors
o Antioxidant Inflammation Modulator
o Monocyte Chemoattractant Proteins Inhibitor
o Endothelin-A Receptor Antagonist
o G Protein-Coupled Receptors
Diabetic nephropathy market, by geography
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
• Asia
o Japan
o China
o India
• Rest of the World (RoW)

Planning To Introduce An Offbeat Product/Technology In The Diabetic Nephropathy Market? Go To “Purchase Now” To Have Our Diabetic Nephropathy Market Report! https://www.persistencemarketresearch.com/checkout/3594

Contact

Addie Thomas
305 Broadway
7th Floor
New York City, NY 10007
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws on its multi-disciplinary capabilities and high pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

This release was published on openPR.