Growing Diabetic Population and Dialysis Patient Catalysing the Intravenous Iron and Oral Iron Market Growth

Intravenous Iron and Oral Iron market growth majorly driven by correction of IDA in pregnancy, growing diabetic population worldwide, growing incidence of Chronic Kidney Disease (CKD) that increases the need of dialysis, and prevalence of iron deficiency.

A recent report published on Global Intravenous (IV) Iron and Oral Iron Market – Strategic Assessment and Forecast Till 2021” puts forward the major driving factors of global intravenous iron and oral iron market. The report which covers the in-depth analysis of oral iron and intravenous iron market contains 94 pages of detail information.

Analysts at Beige Market Intelligence say “The global intravenous iron and oral iron market will cross US$ 3 billion by 2021, growing at an impressive CAGR close to 5%”. “Intravenous Iron and Oral Iron Market growth majorly driven by correction of IDA in pregnancy, growing diabetic population worldwide, growing incidence of Chronic Kidney Disease (CKD) that increases the need of dialysis, prevalence of iron deficiency.”, adds a senior healthcare market research analyst.

To know more about intravenous iron and oral iron market report: http://www.beigemarketintelligence.com/reports/research-report-healthcare-market/intravenous-iv-iron-market/

Increasing number of dialysis can be expected to increase the demand of Intravenous iron and oral iron therapies

As per the National Kidney Foundation, more than 2 million people globally undergo dialysis or a kidney transplant. Of these 2 million people receiving treatment for kidney failure, 50% are treated in– the US, Japan, Brazil, Germany, and Italy. Also, the number of kidney failure cases is expected to increase disproportionately in developing countries, such as China and India, where the number of elderly people are increasing. Also, patients suffering from end stage renal disease (ESRD) are not capable of producing sufficient erythropoietin, iron therapies are of utmost importance to these patients. In addition, ESRD patients undergoing haemodialysis have increased chances of IDA due to blood loss during the procedure. Thus, increasing number of dialysis can be expected to increase the demand of intravenous iron and oral iron therapies.

For free sample copy of intravenous iron and oral iron market report: Click : http://www.beigemarketintelligence.com/contactus/request-sample/

Rise in Diabetic population to bolster the intravenous iron and oral iron market growth

As per WHO, the diabetic population has increased from 108 million in 1980 to 422 million in 2014. Also, the prevalence of diabetes among people aged 18 years and above has increased. Rise in diabetes prevalence is witnessed more in low- and middle-income countries.

As diabetes is the leading cause of end state kidney disease(ESKD), the large diabetic population in globally can be expected to be at ESKD risk; thus, bolstering the market for intravenous iron and oral iron drugs across the world.

Source: http://www.beigemarketintelligence.com/news/press-releases/growing-diabetic-population-and-dialysis-patient-catalysing-the-intravenous-iron-and-oral-iron-market-growth/

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