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Transformative Trends Impacting the Late Stage Chronic Kidney Disease Drugs Market Landscape: Product Innovation In Late-Stage Chronic Kidney Disease Drug Market
Late Stage Chronic Kidney Disease Drugs Market
How Large Will the Late Stage Chronic Kidney Disease Drugs Market Size By 2025?
In recent times, the market size for drugs treating late-stage chronic kidney disease has experienced a swift growth. It is projected to rise from $7.08 billion in 2024 to $7.86 billion in 2025, indicating a compound annual growth rate (CAGR) of 11.1%. The substantial growth during the historical period is credited to advancements in diagnosis, the rise of the aging population, increased instances of diabetes and hypertension, heightened knowledge about kidney diseases, and the expansion of pharmaceutical research and development.
How Big Is the Late Stage Chronic Kidney Disease Drugs Market Size Expected to Grow by 2029?
The market for drugs addressing late-stage chronic kidney disease is anticipated to expand considerably in the coming years. The estimated market value is projected to rise to "$12.11 billion by 2029, with a compound annual growth rate (CAGR) of 11.4%. Factors contributing to this expected growth during the forecasted period include increased healthcare spending, the use of precision medicine methodologies, an intensified focus on regenerative medicine, a mounting insistence on patient-focused care, and worldwide actions to raise awareness of kidney disease. Key trends for the forecasted period include the growth of regenerative medicine therapies, the uptake of telemedicine services for chronic kidney disease (CKD) control, the progression of combination therapies, the focus on early intervention methodologies, and a surge in interest in diagnostics based on biomarkers.
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Which Key Market Drivers Powering Late Stage Chronic Kidney Disease Drugs Market Expansion and Growth?
The escalation in chronic kidney disease occurrences is anticipated to drive the advancements in the late-stage chronic kidney disease drug market. Chronic kidney diseases encompass a wide array of illnesses impacting the kidney's structure and functionality. Late-stage chronic kidney disease pharmaceuticals are meant to regulate the blood pressure of patients and lessen protein loss in order to halt the progression of kidney deficiencies, oversee symptoms, and prevent potential complications. As an illustration, the Centers for Disease Control and Prevention (CDC), a United States-based public health institution, reported in May 2024 that an estimated 14% of U.S. adults, which corresponds to roughly 35.5 million individuals, are suspected to have chronic kidney diseases. Consequently, the commonness of chronic kidney disease is fueling the expansion of the late-stage chronic kidney disease drug market.
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What Trends Will Shape the Late Stage Chronic Kidney Disease Drugs Market Through 2029 and Beyond?
The emergence of product innovation is a significant trend in the late-stage chronic kidney disease drug market. Dominant firms within this field are formulating novel drugs to maintain their footing in the market. Bayer, a pharmaceutical and biotechnology company from Germany, exemplified this in February 2022 when they introduced Kerendia (finerenone) to the Indian market. This medication, a first-of-its-kind non-steroidal, selective mineralocorticoid receptor antagonist, is prescribed for patients suffering from type two diabetes and chronic renal disease. Finerenone functions by inhibiting excessive activation of the mineralocorticoid receptor (MR), believed to contribute to the development of chronic kidney disease (CKD) and potential cardiovascular damage.
What Are the Emerging Segments in the Late Stage Chronic Kidney Disease Drugs Market?
The late stage chronic kidney disease drugs market covered in this report is segmented -
1) By Product Type: Calcimimetics, Vitamin D, Sterols, Potassium Binders, Calcium-Based Phosphate Binders
2) By Indication Type: Late Stage Chronic Kidney Disease Induced Hyperparathyroidism, Late Stage Chronic Kidney Disease Induced Hyperphosphatemia, Late Stage Chronic Kidney Disease Induced Hyperkalemia
3) By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
Subsegments:
1) By Calcimimetics: Cinacalcet, Etelcalcetide
2) By Vitamin D: Calcitriol, Doxercalciferol, Paricalcitol
3) By Sterols: Ergocalciferol, Cholecalciferol
4) By Potassium Binders: Sodium Polystyrene Sulfonate, Patiromer, Sodium Zirconium Cyclosilicate
5) By Calcium-Based Phosphate Binders: Calcium Acetate, Calcium Carbonate
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Who Are the Global Leaders in the Late Stage Chronic Kidney Disease Drugs Market?
Major companies operating in the late stage chronic kidney disease drugs market include Pfizer Inc., Johnson & Johnson, AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA, Bristol-Myers Squibb Company, AstraZeneca plc, Eli Lilly and Company, C.H. Boehringer Sohn AG & Co. KG, Amgen Inc., Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Otsuka Pharmaceutical Co. Ltd., Takeda Pharmaceutical Company Limited, Kyowa Kirin Co Ltd., OPKO Health Inc., Evotec SE, Ionis Pharmaceuticals Inc., Akebia Therapeutics Inc., Ardelyx Inc., Concert Pharmaceuticals Inc., Pharmaxis Limited, Deltanoid Pharmaceuticals Inc., Liminal BioSciences Inc., Chinook Therapeutics Inc., Allena Pharmaceuticals Inc, Shield Therapeutics Plc
Which are the Top Profitable Regional Markets for the Late Stage Chronic Kidney Disease Drugs Industry?
North America was the largest region in the late-stage chronic kidney disease drugs market in 2024. The regions covered in the late-stage chronic kidney disease drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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