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Acute Renal Failure Therapeutics Market Explores New Growth Opportunities By 2017 - 2025
Acute renal failure is a sudden loss of kidney’s ability to eliminate excess fluids, salts and metabolic waste from the body. It leads to accumulation of metabolic waste and electrolytes in the body which can be life-threatening. Kidney eliminates creatinine (Metabolic waste) from the body. But due to medications like trimethoprim, cimetidine and Sulfa-Metha oxazole tubular secretion of the kidney is reduced. It leads to accumulation of creatinine in the blood which leads to acute renal failure. The primary cause of acute renal failure is prerenal, intrarenal and postrenal. Prerenal causes are common with depletion of intravascular volume. Intrarenal is due to damage of the tubules. Postrenal is due to the obstruction of tracks. Other causes are severe or sudden dehydration, medication toxicity, autoimmune diseases such as nephritis, and low blood pressure. They are many risk factors associated with acute renal failure. It mainly includes kidney diseases, liver diseases, diabetes, high blood pressure, and heart failure. The symptoms include bloody stools, fatigue, decreased appetite, prolonged bleeding, and seizures. Treatment mainly includes underlying cause of the acute renal failure. It mainly includes balancing of body fluids, potassium supplements, calcium supplements and dialysis. The treatment is directed to optimize the renal perfusion and blood glucose control.Acute Renal Failure Therapeutics Market: Drivers and Restraints
Acute renal failure associated with mortality, organ dysfunctions, and development of chronic kidney diseases. It also has long term and short term issues in functional status and leads to increased healthcare expenditure. The incidence of acute renal failure is high and it most common in elderly, diabetic and obese. Etiology is also high and may be secondary to infections such as dengue, malaria, and leptospirosis. The proportion of patients receiving treatment for acute renal failure depends on the economies of the countries. Renal failure is more common in low-middle income countries followed by high-income countries. Because increasing burden of acute renal failure, professional organizations and societies are disseminating information effectively to increase awareness. American Society of Nephrology and International society of nephrology are professional organization involved in fostering education and research. Acute renal failure is common globally and imposes high health care burden. All these factors act as drivers in the robust growth of acute renal failure therapeutic.
Late recognition, lack of institutions and caregiver coordination, inappropriate knowledge acts as a restraint in the growth of the acute renal failure Therapeutics market
Acute Renal Failure Therapeutics Market: Market Overview
Global Acute Renal Failure Therapeutics market witnessed rapid growth due to rising demand for potential health benefits. International private foundations are actively involved in raising awareness. Collaborative, multidisciplinary initiative is taken by the companies to develop an innovative therapy for acute renal failure. The future of Acute Renal Failure Therapeutics market is anticipated to grow at double CAGR during the forecast period.
Acute Renal Failure Therapeutics Market: Region-wise Overview
Global Acute Renal Failure Therapeutics Market segmented into North America, Europe, Asia -Pacific & Japan, The Middle East and Africa regions and Latin America by region wise. North America dominates the global Acute Renal Failure Therapeutics Market due to the high awareness among the patients, and in North America, USA is a major stakeholder due to the strong players. Europe and Asia-pacific are the fastest growing market in Acute Renal Failure Therapeutics Market due to high penetration. The economic conditions in Asia-pacific region rise the Acute Renal Failure Therapeutics market to new heights. The Middle East and Africa regions and Latin America are also showing significantly less growth because of less knowledge regarding acute renal failure therapeutics during the forecasted period.
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Acute Renal Failure Therapeutics Market: Key Participants
The key participants in Acute Renal Failure Therapeutics Market are Baxter, Teva Pharmaceutical Limited Inc, Pfizer, Novartis AG, Eisai Pharmaceuticals India Pvt. Ltd., and others. The companies are mainly focusing on intense marketing to convey health benefits of acute renal failure therapeutics.
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