Press release
Rapid Growth in Rare Kidney Diseases Market: Impressive CAGR of 10.1%, Tremendous Market Size and Advances due to Increased Focus on Research
Rare Kidney Diseases Market Share
The rare kidney diseases market is witnessing substantial growth owing to the emergence of novel therapeutic strategies and government initiatives.
What Is The Projected Market Size Of The Global Rare Kidney Diseases Market And Its Growth Rate?
The rare kidney diseases market is benefiting from increased globalization and focused research efforts.
• Market size in 2024: $2.76 billion
• Market size in 2025: $3.06 billion (CAGR: 10.6%)
• Projected market size in 2029: $4.49 billion (CAGR: 10.1%)
What Is Driving The Growth In The Rare Kidney Diseases Market?
The growth of the rare kidney disease market is significantly influenced by different government initiatives and funding. Such support is channeled towards entities that offer ideas or projects able to improve public services and the economy. For instance, the United States House Committee on Appropriations initiated several investment programs to promote kidney health in 2022. These included $8.5 million funding for CDC's chronic kidney disease program and $1 million for the National Living Donor Assistance Center. This ongoing investment and the consequent rise in awareness and diagnostic services are driving the growth in the rare kidney disease market.
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Who Are the Key Players Driving Rare Kidney Diseases Market Growth?
Notable players driving the rare kidney diseases market include:
• Merck & Co. Inc.
• Novartis AG
• Sanofi S.A
• AstraZeneca plc
• Otsuka Pharmaceutical Co Ltd.
• Alexion Pharmaceuticals Inc.
• Horizon Therapeutics plc.
• Recordati S.p.A.
• Amicus Therapeutics Inc.
• Akebia Therapeutics Inc.
• Travere Therapeutics
• FibroGen Inc.
• Aurinia Pharmaceuticals Inc.
• Calliditas Therapeutics AB
• Apellis Pharmaceuticals Inc.
• Protalix Biotherapeutics Inc.
• ChemoCentryx Inc.
• Omeros Corporation
• Celtaxsys Inc.
• Corbus Pharmaceuticals Holdings Inc.
• Chinook Therapeutics Inc.
• OxThera AB
• Advicenne Pharma SA
• Reata Pharmaceuticals Inc.
• Savara Inc.
What Are The Key Trends In The Rare Kidney Diseases Market?
Emerging trends in the rare kidney diseases market:
• Patient-centric approach
• Real-world evidence and data analytics
• Regulatory developments
• Telemedicine and remote monitoring
• Global health initiatives
What Are The Segments Of The Global Rare Kidney Diseases Market?
The global rare kidney diseases market is segmented into:
1) Target Indication: IgA Nephropathy, Lupus Nephritis, Focal Segmental Glomerular Sclerosis, Membranous Nephropathy, C3 Glomerulopathy, Other Target Indications
2) Type Of Molecule: Small Molecules, Biologics
3) Route of administration: Oral, Intravenous, Subcutaneous, Other Routes Of Administration
Which Region Leads The Rare Kidney Diseases Market?
North America spearheaded the rare kidney disease market in 2024. The varied regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Rare Kidney Diseases Market Global Market Report?
- Market Size Analysis: Analyze the Rare Kidney Diseases Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Rare Kidney Diseases Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Rare Kidney Diseases Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Rare Kidney Diseases Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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