Press release
Chronic Kidney Disease Global Market Size, Share, Growth, Trends And Industry Forecast To 2032
Chronic Kidney Disease Market Report
The Business Research Company's Chronic Kidney Disease Global Market Report 2023 identifies the increasing prevalence of kidney disease as the major driver for the chronic kidney disease market's growth in the forecast period. Kidney diseases refer to a group of conditions that affect the function and structure of the kidneys. Medication for kidney disease is used to control blood pressure in patients and decrease protein loss to halt the progression of kidney impairment, manage symptoms, and avoid consequences.
The global chronic kidney disease market size is expected to grow from $61.51 billion in 2022 to $65.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of chronic kidney disease market is expected to reach $82.96billion in 2027 at a CAGR of 6%.
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Major competitors in the chronic kidney disease market are Pfizer Inc, Johnson and Johnson Services Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG.
A key trend in the chronic kidney disease market includes product innovations. Companies operating in the chronic kidney disease market are developing innovative products to sustain their position in the market. For instance, in August 2022, Bayer, a Germany-based biotechnology and pharmaceutical company, launched the innovative medicine Kerendia (finerenone) to slow down the progression of chronic kidney disease in diabetes patients. It is a first-in-class non-steroidal, selective mineralocorticoid receptor antagonist and differs from existing treatments. It blocks mineralocorticoid receptor (MR) overactivation, contributing to CKD progression and cardiovascular damage.
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The chronic kidney disease market is segmented -
•By Diagnosis: Blood Test, Urine Test, Imaging Test, Kidney Biopsy
•By Treatment: Drugs, Dialysis, Kidney Transplant, ACE Inhibitors, Blood Test, Other Treatments
•By Route of Administration: Oral, Intravenous, Subcutaneous
•By End-User: Hospital And Clinics, Ambulatory Surgery Centers (ASCs), Dialysis Centers, 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 chronic kidney disease market.
The Business Research Company's "Global Chronic Kidney Disease Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Chronic Kidney Disease Market Include:
1. Executive Summary
2. Chronic Kidney Disease Market Characteristics
4. Chronic Kidney Disease Market - Macro Economic Scenario
5. Global Chronic Kidney Disease Historic Market Size and Growth
……
32. Global Chronic Kidney Disease Market Competitive Benchmarking
33. Global Chronic Kidney Disease Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Chronic Kidney Disease Market
35. Chronic Kidney Disease Market Future Outlook and Potential Analysis
36. Appendix
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