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Calciphylaxis Treatment Market 2024- By Size, Growth, Trends And Global Forecast To 2033

04-08-2024 09:56 AM CET | Health & Medicine

Press release from: The Business research company

Calciphylaxis Treatment Market

Calciphylaxis Treatment Market

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..

Market Overview -
Calciphylaxis, or calcific uremic arteriolopathy (CUA), is a rare and severe medical condition characterized by the calcification or deposition of calcium in small blood vessels and tissues, primarily in individuals with kidney disease, especially end-stage renal disease (ESRD). It's treatment function involves pain management and nutritional support therapies to manage and alleviate symptoms such as painful and non-healing skin ulcers, tissue necrosis, and complications such as sepsis, which can be life-threatening.

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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.

Advanced Diagnostic Solutions Drive Profitability And Improve Care In The Calciphylaxis Treatment
Major companies operating in the calciphylaxis treatment market are developing advanced diagnostic techniques and health evaluation kits and services to increase profitability in the market. Comprehensive in-home kidney health evaluation kits and services involve tests and assessments performed at a patient's home to evaluate kidney health, providing convenience and proactive monitoring. For instance, in August 2023, Signify Health, Inc., a US-based healthcare company, introduced a comprehensive in-home kidney health evaluation as an addition to its diagnostic and preventive services aimed at aiding in the early detection, diagnosis, and management of chronic kidney health issues. Urinalysis (uACR) and an estimated glomerular filtration rate (eGFR) are included in the in-home health assessments and kidney assessment, giving crucial information for treatment options such as additional tests, lifestyle changes, medication, or referral to a nephrologist. This service is especially advantageous for illnesses such as calciphylaxis, a rare disorder characterized by calcium deposits in tiny arteries associated with end-stage renal failure, allowing for early identification and treatment.

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Key Segments -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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