Press release
Sustainable Growth Of Hyperphosphatemia Treatment Market Amid Rising Chronic Disease Prevalence: Transformative Forces Shaping the Hyperphosphatemia Treatment Market Landscape in 2025
Hyperphosphatemia Treatment
What Will the Hyperphosphatemia Treatment Industry Market Size Be by 2025?
The market for hyperphosphatemia treatment has expanded quickly in recent years. Its size is set to increase from $4.56 billion in 2024 to $5.13 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%. The extension during the historical period is due to the rising number of chronic kidney disease (CKD) cases, the aging population, the high occurrence of diabetes and hypertension, the increase in patients requiring dialysis, and advancements in medical research and hyperphosphatemia diagnosis.
What's the Long-Term Growth Forecast for the Hyperphosphatemia Treatment Market Size Through 2029?
In the coming years, the hyperphosphatemia treatment market is projected to experience robust expansion. It is anticipated to reach $8.56 billion in 2029, growing at a compounding annual growth rate (CAGR) of 13.7%. The forthcoming growth can be attributed to various factors such as the surge in diseases related to lifestyle that lead to hyperphosphatemia, persistent growth in the aging population, rising awareness and detection of hyperphosphatemia, the extension of emerging markets grappling with high disease prevalence, and a larger proportion of prescribed calcium-based phosphate binders in emerging nations. The upcoming years will be marked by several trends such as advancements in treatment technologies for hyperphosphatemia, the integration of telehealth and remote patient tracking, cooperation and alliance for research and development, emphasis on patient education and lifestyle management for hyperphosphatemia, and the invention of new therapies and phosphate binders.
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What Are the Key Growth Drivers Fueling the Hyperphosphatemia Treatment Market Expansion?
The hyperphosphatemia treatment market is witnessing an uptick influenced by an escalation in chronic conditions amongst the patient population. These persistent ailments, which are not infectious, necessitate long-term management. Most chronic conditions fall under categories such as cardiovascular diseases, ongoing kidney ailments, enduring respiratory disorders, hyperparathyroidism, diabetes, and cancer. For example, data from the World Health Organization, a UN-specialized agency based in Switzerland, highlighted that in September 2023, there were 41 million fatalities, accounting for 74% of the deaths resulting from non-infectious diseases or chronic illnesses on a yearly basis worldwide. Moreover, a report by SingleCare Services LLC, a US-based health savings platform, in February 2023 pointed out that kidney disease prevalence is on the rise, with untreated kidney complications causing around 1 million deaths annually. There has been an uptick in the occurrence of hyperphosphatemia in patients suffering from end-stage renal disease (ESRD), propelling an increase in demand for hyperphosphatemia treatment or medication.
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What Are the Key Trends Driving Hyperphosphatemia Treatment Market Growth?
Heightened focus on research and development endeavors is a predominant trend within the hyperphosphatemia treatment industry. Enterprises specializing in hyperphosphatemia treatments are turning their attention towards R&D, aiming to pioneer novel therapies for renal ailments and related chronic health issues. As a concrete example, Eurostat, a Europe-based government entity, reported in April 2024 that the Ile-de-France region of France boasted 2.4 million key scientific and technological human resources in 2023, the highest number in Europe. Comunidad de Madrid in Spain followed closely, hosting 1.2 million such professionals.
How Is the Hyperphosphatemia Treatment Market Segmented?
The hyperphosphatemia treatment market covered in this report is segmented -
1) By Product: Sevelamer, Calcium-Based Phosphate Binders, Iron-Based Phosphate Binders, Lanthanum Carbonate, Other products
2) By Distribution channel: Hospital Pharmacy, Retail Pharmacy, Online stores
Subsegments:
1) By Sevelamer: Sevelamer Hydrochloride, Sevelamer Carbonate
2) By Calcium-Based Phosphate Binders: Calcium Acetate, Calcium Carbonate
3) By Iron-Based Phosphate Binders: Ferric Citrate, Ferric Sulfate
4) By Lanthanum Carbonate: Lanthanum Carbonate Hydrate
5) By Other Products: Magnesium-Based Phosphate Binders, Novel Phosphate Binders
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Which Companies Are Leading the Charge in Hyperphosphatemia Treatment Market Innovation?
Major companies operating in the hyperphosphatemia treatment market include Sanofi SA, Akebia Therapeutics Inc., Ardelyx Inc., Astellas Pharma Inc., Fresenius Medical Care AG & Co. KGaA, Lupin Limited, Sun Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited, Ultragenyx Pharmaceutical Inc., Unicycive Therapeutics Inc., Vifor Pharma Management Ltd., Zeria Pharmaceutical Co. Ltd., Amgen Inc., AstraZeneca plc, Baxter International Inc., Beckman Coulter Inc., Cleveland Clinic, DaVita Inc., Kyowa Kirin Pharmaceuticals Co. Ltd., Mayo Clinic, OPKO Health Inc., Tenet Healthcare Corporation, UnitedHealth Group Inc.
Which Regions Are Leading the Global Hyperphosphatemia Treatment Market in Revenue?
North America was the largest region in the hyperphosphatemia treatment market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hyperphosphatemia treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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