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Late Stage Chronic Kidney Disease Drugs Market 2023 - By Size, Share, Growth, Analysis, Trends And Forecast To 2032
Late Stage Chronic Kidney Disease Drugs Market
The Business Research Company's Late Stage Chronic Kidney Disease Drugs Global Market Report 2023 identifies high prevalence of chronic kidney diseases as the major driver for the Late Stage Chronic Kidney Disease Drugs market's growth in the forecast period. Chronic kidney diseases refer to a diverse range of conditions that affect the structure and operation of the kidneys. Late-stage chronic kidney disease drugs for chronic kidney disease are 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 late stage chronic kidney disease drugs market is expected to grow from $5.68 billion in 2022 to $6.38 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. 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 late stage chronic kidney disease drugs market is expected to reach $9.84 billion in 2027 at a CAGR of 11.4%.
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Major competitors in the Late Stage Chronic Kidney Disease Drugs market are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA, Bristol-Myers Squibb Company, AstraZeneca plc.
A key trend in the Late Stage Chronic Kidney Disease Drugs market includes product innovation. Major companies operating in the late-stage chronic kidney disease drug market are developing new product drugs to sustain their position in the market. For instance, in February 2022, Bayer, a Germany-based pharmaceutical and biotechnology company, launched Kerendia (finerenone) in India. Patients with type two diabetes and chronic renal disease should use finer enone, a first-in-class non-steroidal, selective mineralocorticoid receptor antagonist. It works by preventing the overactivation of the mineralocorticoid receptor (MR), which is thought to be a factor in developing chronic kidney disease (CKD) and cardiovascular harm.
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The Late Stage Chronic Kidney Disease Drugs market is segmented -
• By Product Type: Calcimimetics, Vitamin D, Sterols, Potassium Binders, Calcium-Based Phosphate Binders
• By Indication Type: Late Stage Chronic Kidney Disease Induced Hyperparathyroidism, Late Stage Chronic Kidney Disease Induced Hyperphosphatemia, Late Stage Chronic Kidney Disease Induced Hyperkalemia
• By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Late Stage Chronic Kidney Disease Drugs market.
The Business Research Company's "Global Late Stage Chronic Kidney Disease Drugs 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 Late Stage Chronic Kidney Disease Drugs Market Include:
1. Executive Summary
2. Late Stage Chronic Kidney Disease Drugs Market Characteristics
3. Late Stage Chronic Kidney Disease Drugs Market Trends And Strategies
4. Late Stage Chronic Kidney Disease Drugs Market - Macro Economic Scenario
5. Global Late Stage Chronic Kidney Disease Drugs Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………..
32. Global Late Stage Chronic Kidney Disease Drugs Market Competitive Benchmarking
33. Global Late Stage Chronic Kidney Disease Drugs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Late Stage Chronic Kidney Disease Drugs Market
35. Late Stage Chronic Kidney Disease Drugs Market Future Outlook and Potential Analysis
36. Appendix
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