Press release
The Global Chronic Kidney Disease (CKD) market is expected to reach a value of USD 93.91 Bn by 2029, growing at a CAGR of 5.2 Percent during the forecast period. The market, which was valued at USD 65.86 Bn in 2022, is driven by the increasing prevalence
Chronic Kidney Disease Market Report Scope and Research Methodology:CKD is a significant global health problem, affecting approximately 1 in 10 people worldwide. The Centers for Disease Control and Prevention estimates that around 37 million people in the United States have chronic kidney disease. The market encompasses various segments, including diagnostic tests, pharmaceuticals, and dialysis equipment, to address the growing demand for CKD treatments.
The increasing prevalence of CKD, the rise in the number of patients requiring dialysis and kidney transplants, and the adoption of novel treatments and therapies are key drivers of the market. Early detection and timely treatment of CKD are crucial in slowing down the disease progression and improving patient outcomes. This awareness has led to a greater demand for treatments and therapies that can effectively manage the disease.
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Chronic Kidney Disease Market Dynamics:
Advancements in medical technology and the development of new drugs and therapies are driving the growth of the CKD market. New dialysis machines and techniques, wearable artificial kidneys, home dialysis machines, and regenerative therapies are revolutionizing the treatment of CKD. These advancements offer improved treatment options, better patient outcomes, and reduced disease burden.
The importance of timely treatment for CKD is another driving factor for the market. The increasing prevalence of CKD, aging populations, and the economic burden associated with the disease have raised awareness about the need for early detection and management. This has led to a growing demand for timely treatments and therapies that can slow down the disease progression and improve patient outcomes.
However, the market also faces challenges such as the high cost of treatment and the patent expiry of many drugs. The high cost of treatment and medication poses a significant barrier for patients with limited financial resources or inadequate health insurance coverage. The patent expiry of drugs allows for the production of cheaper generic versions, which can impact the revenue of original drug manufacturers. Price competition and reduced revenue potential are challenges that the market must address.
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Chronic Kidney Disease Market Regional Insights:
Regionally, North America is the largest market for CKD, with the United States having the highest number of people living with chronic kidney disease. The availability of advanced healthcare infrastructure and medical expertise contribute to the market's growth in North America. The Asia Pacific region is also expected to experience significant growth due to the increasing prevalence of CKD, rise in the geriatric population, growing awareness about the disease, and government initiatives to improve patient outcomes.
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Chronic Kidney Disease Market Segmentation:
By Type of Treatment:
Drugs
Blood Test
ACE Inhibitors
Dialysis
Transplantation of Kidneys
Others
By End User:
Hospitals & Clinics
Ambulatory Surgery Centres (ASCs)
Dialysis Centres
Others
By Route of Administration:
Oral
Intravenous
Subcutaneous
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Chronic Kidney Disease Market Key Competitors include:
1. Amgen Inc.
2. ProKidney
3. Reata Pharmaceuticals, Inc
4. Abbott Laboratories
5. F. Hoffmann-La Roche Ltd
6. Fresenius Medical Care AG & Co. KGaA
7. Siemens Healthineers
8. Cincor Pharma
9. Allena Pharmaceuticals
10.DiaMedica Therapeutics Inc
11.Lexicon Pharmaceuticals
12.AbbVie Inc.
13.AstraZeneca plc
14.Bayer AG
15.Bristol-Myers Squibb Company
16.GlaxoSmithKline plc
17.Johnson & Johnson
18.Keryx Biopharmaceuticals, Inc.
19.Kissei Pharmaceutical Co., Ltd.
20.Merck & Co. Inc.
21.Novartis International AG
22.Pfizer Inc
23.Sanofi SA
24.Teva Pharmaceutical Industries Ltd.
25.Roche Holding AG
Table of Content for Chronic Kidney Disease Market
1. Global Chronic Kidney Disease Market: Research Methodology
2. Global Chronic Kidney Disease Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Chronic Kidney Disease Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Chronic Kidney Disease Market Segmentation
• Global Market, by Type of Treatment (2021-2029)
• Global Market, by End User (2021-2029)
• Global Market, by Route of Administration (2021-2029)
5. Regional Chronic Kidney Disease Market (2021-2029)
• Regional Market, by Type of Treatment (2021-2029)
• Regional Market, by End User (2021-2029)
• Regional Market, by Route of Administration (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type of Treatment, End User and Route of Administration
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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You can edit or delete your press release The Global Chronic Kidney Disease (CKD) market is expected to reach a value of USD 93.91 Bn by 2029, growing at a CAGR of 5.2 Percent during the forecast period. The market, which was valued at USD 65.86 Bn in 2022, is driven by the increasing prevalence here
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