Phosphate Binders Market Outlook 2029: Presents Market Insights & Depth Analysis

Phosphate binders' market is expected to grow at a significant CAGR during the forecast period. Cardiovascular diseases and diabetes lead to common complications such as nephrology and urology disorders. Unhealthy food habits and drugs are known to cause nephrological and urological diseases. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), approximately 26 million people have chronic kidney diseases in the US. The statistics show that about 87,000 patients die due to kidney failure every year. Commonly used drug classes for treating nephrological and urological disorders include diuretics, anti-hypertensive drugs, phosphate binders, and anti-cholinergic and 5-alpha-reductase inhibitors. 

Phosphate binders are drugs that are used to lower the absorption of phosphate in patients suffering from chronic renal failure due to their inability to remove phosphorus naturally. Excess deposition of phosphorus in the body, especially in a kidney failure patient, results in the depletion of calcium from bones and ultimately leads to diseases such as hyperphosphatemia and renal osteodystrophy or renal bone. Phosphate binders work by binding phosphate in the gastrointestinal tract, ultimately making it unavailable to the body for absorption. In June 2014, Keryx Biopharmaceuticals, Inc. received patent for Zerenex, a ferric citrate-based phosphate binder, which will expire in 2024. The company has filed a new drug application (NDA) for Zerenex and is currently under review by the US FDA. Sanofi lost its patent for Renvela (sevelamer) in 2014; the drug generated total revenue of $750 million in 2013. Other key drugs in the market include Alucap (aluminum hydroxide) by Meda Pharma, Calcichew (calcium carbonate), Renagel (sevelamer) by Genzyme Corp., and Fosrenol (lanthanum carbonate) by Shire US, Inc.

The increased frequency of chronic renal disease is propelling the global phosphate binding agents market. Chronic renal disease affects approximately 20 million people in the US, and its prevalence is quickly increasing among adults over the age of 65. The use of these phosphate binding agents in hyperphosphatemia caused by chronic kidney disease has been approved by the FDA. Furthermore, increased awareness of the problems associated with chronic kidney disease and treatment choices is propelling the global phosphate binders market.

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Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered
Regions Covered- Globally

Competitive Landscape: Sanofi S.A., Baxter International Inc., and Opko Health, among others. 

Phosphate Binders Market Report Segmentation

By Type 

Calcium-Based Phosphorus Binders,
Aluminum-Free
Calcium-Free Phosphorus Binders
Aluminum-Based Phosphorus Binders
Magnesium-Based Phosphorus Binders

By Application 

Hyperphosphatemia
Hyperphosphatemia Of Renal Failure
Osteodystrophy

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Phosphate Binders Market by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

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