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Addressing The Silent Epidemic The Growing Prevalence Of Chronic Kidney Disease Fuels Expansion In The Nephrology Drugs Market: Key Factor Driving The Growth In The Nephrology Drugs Market
Nephrology Drugs
What Is the Expected Nephrology Drugs Market Size During the Forecast Period?
The Nephrology Drugs Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Nephrology Drugs Market Size During the Forecast Period?
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What Are the High-Growth Segments in the Nephrology Drugs Market?
The nephrology drugs market covered in this report is segmented -
1) By Drugs: Antihypertensive Agents, Erythropoiesis-Stimulating Agents, Diuretics, ACE Inhibitors, Antidiabetic Agents, Other Drugs
2) By Route Of Administration: Oral, Parenteral, Other Route Of Administration
3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
Subsegments:
1) By Antihypertensive Agents: Calcium Channel Blockers, Beta-Blockers, Angiotensin II Receptor Blockers (ARBs)
2) By Erythropoiesis-Stimulating Agents: Epoetin Alfa, Darbepoetin Alfa
3) By Diuretics: Loop Diuretics, Thiazide Diuretics, Potassium-Sparing Diuretics
4) By ACE Inhibitors: Lisinopril, Enalapril
5) By Antidiabetic Agents: Metformin, Insulin
6) By Other Drugs: Phosphate Binders, Vitamin D Analogues, Renin Inhibitors
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What Key Drivers Are Expected to Influence Future Nephrology Drugs Market Growth?
The increasing occurrence of chronic kidney disease (CKD) is anticipated to drive the expansion of the nephrology drugs market. CKD, characterized by kidney damage that hinders its ability to filter the blood effectively over an extended time, leads to waste accumulation in the body. As a response, nephrology drugs are used primarily for treating chronic kidney disease, enhancing kidney performance and decelerating the advancement of the disease, thus preventing further harm to the body. These elements subsequently contribute to the burgeoning nephrology drug market. For example, in July 2022, reports released by the Centers for Disease Control and Prevention (CDC), an US-based health protection agency, approximated over 37 million diagnoses of chronic kidney disease in the United States, primarily amongst individuals aged 65 years or older (38 percent). In addition, according to the Kidney Foundation of Canada, a Canadian non-profit organization, approximately 4 million Canadians are afflicted with kidney diseases. Diabetic patients make up 35 percent of the leading cause of kidney failures, and this number is expected to increase moving forward. Consequently, the rising CKD occurrence stimulates growth in the nephrology drug market.
Which Companies Hold the Largest Share Across Different Nephrology Drugs Market Segments?
Major companies operating in the nephrology drugs market include AstraZeneca plc, AbbVie Inc., Akebia Therapeutics Inc., Amgen Inc., F. Hoffmann-La Roche AG, FibroGen Inc., Johnson And Johnson, Pfizer Inc., GlaxoSmithKline plc, Teva Pharmaceutical Industries Limited, Boehringer Ingelheim International GmbH, Reata Pharmaceuticals Inc., Ardelyx Inc., Novo Nordisk A/S, Novartis AG, Baxter International Inc., Bristol Myers Squibb Company, Kissei Pharmaceutical Co. Ltd., Kyowa Kirin Co. Ltd., Mallinckrodt Pharmaceuticals, OPKO Health Inc., Sanofi S.A., Takeda Pharmaceutical Company Limited, Vifor Pharma Group, Bayer AG, Amicus Therapeutics, Chugai Pharmaceutical Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Mylan N.V., Endo Pharmaceuticals plc
What Trends Are Driving Growth in The Nephrology Drugs Market?
The trend of product innovation is becoming increasingly popular in the nephrology drug market. Key players in this market are coming up with novel products and drugs in a bid to maintain their market position. For instance, in March 2022, Zydus Lifesciences Limited, a pharmaceutical company based in India, introduced Oxemia (desidustat) which is used for treating chronic kidney disease (CKD). This orally administered drug is a small-molecule hypoxia-inducible factor-prolyl hydroxylase (HIF-PH) inhibitor that offers a convenient and effective treatment option for anemia. It has been approved by the Drug Controller General of India following successful Phase III clinical trials demonstrating favorable safety profiles, hepcidin downregulation, improved iron mobilization, and a decrease in LDL-C in CKD patients. Moreover, by facilitating access to reasonable healthcare costs and thereby improving patient life quality, this drug is anticipated to alleviate disease prevalence.
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What Are the Emerging Geographies for The Nephrology Drugs Market Growth?
North America was the largest region in the nephrology drug market in 2024.Europe will be the second-largest growing region in the nephrology drug market in 2024. The regions covered in the nephrology drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nephrology Drugs Market?
2. What is the CAGR expected in the Nephrology Drugs Market?
3. What Are the Key Innovations Transforming the Nephrology Drugs Industry?
4. Which Region Is Leading the Nephrology Drugs Market?
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