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How has The Hyperphosphatemia Treatment Market Performed and What is its Future Outlook?
The hyperphosphatemia treatment market size has witnessed rapid growth over the recent years and is expected to further expand from $4.56 billion in 2024 to $5.13 billion in 2025 at a compound annual growth rate (CAGR) of 12.4%. The market’s expansion in the historic period can largely be attributed to an increased incidence of chronic kidney disease (CKD), a growing aging population, high prevalence of diabetes and hypertension, expansion in the dialysis patient population, and advancements in medical research and diagnosis of hyperphosphatemia.
The hyperphosphatemia treatment market is forecasted to continue its rapid growth in the upcoming years, reaching $8.56 billion by 2029 at a CAGR of 13.7%. This forecasted growth can be mainly attributed to the rise in lifestyle-related diseases contributing to hyperphosphatemia, continued growth in aging demographics, increasing awareness and diagnosis of hyperphosphatemia, expansion of emerging markets with high disease burden, and higher prescription share of calcium-based phosphate binders in emerging countries. Major trends that will shape the market during the forecast period includes advancements in hyperphosphatemia treatment technologies, integration of telehealth and remote patient monitoring, collaborations and partnerships for research and development, focus on patient education and lifestyle management in hyperphosphatemia, and development of novel phosphate binders and therapies.
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What are the Key Factors Driving the Hyperphosphatemia Treatment Market?
The rising cases of chronic diseases among patients is the primary driver fueling the growth of the hyperphosphatemia treatment market. Chronic diseases such as cardiovascular diseases, chronic kidney disease, chronic respiratory conditions, hyperparathyroidism, diabetes, and cancer, necessitate long-term care and are categorized as non-communicable diseases. According to the World Health Organization and SingleCare Services LLC, chronic diseases lead to about 74% of the total deaths recorded globally every year, and untreated kidney failure alone results in around 1 million deaths annually. The increase in hyperphosphatemia among patients with end-stage renal disease (ESRD) has led to a surge in the demand for hyperphosphatemia treatment or drugs.
What are the Major Segments Within the Global Hyperphosphatemia Treatment Market?
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
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Who are the Major Players in Hyperphosphatemia Treatment Market?
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.
What are the Emerging Trends in the Hyperphosphatemia Treatment Market?
The increasing focus on research and development activities is a key trend in the hyperphosphatemia treatment market. Companies involved in hyperphosphatemia treatment are intensifying their research and development efforts to develop innovative therapies for the treatment of renal diseases and related chronic conditions.
Which Region is the Largest and Fastest Growing in the Hyperphosphatemia Treatment Market?
In 2024, North America held the largest share in the hyperphosphatemia treatment market. However, the Asia-Pacific region is expected to be the fastest-growing during the forecast period. Other regions covered in the hyperphosphatemia treatment market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Hyperphosphatemia Treatment Market Report 2025 Offer?
Hyperphosphatemia treatment involves a class of drugs that enhance renal excretion in patients suffering from hyperphosphatemia. The most efficient way to do this is through volume replenishment with saline and forced diuresis with a loop diuretic such as furosemide or bumetanide. The Hyperphosphatemia Treatment Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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