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Diabetic Kidney Disease Market Demand, Top Key Players, Comprehensive Growth, Future Insights, Challenges And To Register Healthy CAGR By 2032 || AstraZeneca, Pfizer Inc., Novartis AG, Bayer AG, Sanofi Pharmaceuticals, Teva Pharmaceutical Industries Ltd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Diabetic Kidney Disease Market Size, Growth Rate, And Forecast
The global diabetic kidney disease market size is expected to grow from $2.37 billion in 2022 to $2.51 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global diabetic kidney disease market size is expected to reach $3.09 billion in 2027 at a CAGR of 5.4%.
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Diabetic Kidney Disease Market Drivers
The rising prevalence of chronic kidney disease is expected to propel the growth of the diabetic kidney disease market. Chronic kidney disease (CKD) refers to a long-term condition that results in the loss of kidney function over time causing a number of complications such as high blood pressure, anemia, and bone diseases. The treatment of chronic kidney diseases requires diagnostic and treatment options, ultimately fueling the growth of the diabetic kidney disease market. For instance, in 2021, according to the report published by the Centers for Disease Control and Prevention (CDC), a US-based public health agency, more than 37 million people were estimated to have chronic kidney disease (CKD) in the USA. Furthermore, CKD is more common in adults 65 and older, with approximately 38% of older adults suffering from some form of kidney damage. Therefore, the rising prevalence of chronic kidney disease is driving the growth of the diabetic kidney disease market going forward.
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Diabetic Kidney Disease Market Segments
• By Type: Type 1 Diabetes, Type 2 Diabetes
• By Treatment: Angiotensin Receptor Blockers (Arbs), Angiotensin-Converting Enzyme (Ace) Inhibitors, Antioxidant Inflammation Modulator, Calcium Channel Blockers, Other Treatments
• By End User: Hospitals, Homecare, Speciality Centres, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the diabetic kidney disease market.
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Diabetic Kidney Disease Market Key Players
Major competitors in the diabetic kidney disease market are AstraZeneca, Pfizer Inc., Novartis AG, Bayer AG, Sanofi Pharmaceuticals, Teva Pharmaceutical Industries Ltd., Bristol-Myers Squibb Company, Sun Pharmaceutical Industries Ltd., Mylan NV, Aurobindo Pharma, Fresenius SE & Co. KGaA.
The Business Research Company's "Global Diabetic Kidney Disease Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Diabetic Kidney Disease Market Include:
1. Executive Summary
2. Diabetic Kidney Disease Market Characteristics
3. Diabetic Kidney Disease Market Trends And Strategies
4. Diabetic Kidney Disease Market - Macro Economic Scenario
5. Diabetic Kidney Disease Market Size And Growth
………………
27. Diabetic Kidney Disease Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Diabetic Kidney Disease Market
29. Diabetic Kidney Disease Market Future Outlook and Potential Analysis
30. Appendix
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