Calciphylaxis Treatment Global Market 2024 - Key Drivers, Growth Factors, Technological Development And Forecast To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Calciphylaxis Treatment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The calciphylaxis treatment market size has grown rapidly in recent years. It will grow from $1.68 billion in 2023 to $1.86 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to increasing incidence of calciphylaxis, rising awareness among healthcare professionals, expanding healthcare infrastructure, clinical research and drug development..

The calciphylaxis treatment market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to rising healthcare expenditure, increasing collaboration and partnerships, focus on personalized medicine, regulatory support and expedited approvals, patient-centric healthcare approaches.. Major trends in the forecast period include emerging therapeutic modalities, diagnostic advancements, increased research and development, collaborative initiatives, patient-centric approaches, regulatory landscape dynamics..

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Market Segmentation:
The calciphylaxis treatment market covered in this report is segmented -
1) By Type: Medication, Hyperbaric Oxygen Therapy, Other Types
2) By Diagnosis: Imaging, Blood Tests, Deep Skin Biopsies
3) By End User: Hospitals, Clinics, Medical Research Centers, Academic Institutes

Major Driver - Elevated Kidney Disease Prevalence Fuels Calciphylaxis Treatment Market Growth
The growing prevalence of kidney diseases is expected to propel the growth of the calciphylaxis treatment market going forward. Kidney diseases refer to a wide range of medical conditions and disorders that affect the kidneys, vital organs that filter waste products, and excess fluids from the bloodstream to form urine. Kidney diseases disrupt calcium and phosphate metabolism, increasing the risk of calciphylaxis and necessitating the development of diagnostic and treatment strategies to address the condition. For instance, in June 2023, according to Kidney Research UK, a UK-based charitable organization, an estimated 7.19 million people in the UK were affected by chronic kidney disease in 2023, representing more than 10% of the UK population and projected to increase to 7.61 million people by 2033. Therefore, the growing prevalence of kidney diseases will drive the growth of the calciphylaxis treatment market.

Competitive Landscape:
Major companies operating in the calciphylaxis treatment market report are Pfizer Inc., Merck And Co. Inc., AbbVie Inc, Novartis AG, Bristol-Myers Squibb Company, AstraZeneca Plc, Sanofi SA, 3M Company, GlaxoSmithKline Plc, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim, Novo Nordisk, Viatris (Mylan N.V.), Regeneron Pharmaceuticals Inc., Smith And Nephew Plc., Incyte Corporation, ConvaTec Inc., Vifor Pharma Group, BSN Medical GmbH, Panion And BF Biotech Inc., Inozyme Pharma Inc., Sanifit Therapeutics S.A, Hope Pharmaceuticals, Menlo Therapeutics

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