The Late Stage Chronic Kidney Disease Drugs Global Market Report 2023, provides comprehensive information on the late stage chronic kidney disease drugs market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Late Stage Chronic Kidney Disease Drugs Market’s Growth:
The global late stage chronic kidney disease drugs market is expected to grow from $5.68 billion in 2022 to $6.38 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The late stage chronic kidney disease drugs market is expected to reach $9.84 billion in 2027 at a CAGR of 11.4%.
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Product innovation is a key trend gaining popularity in the late-stage chronic kidney disease drug market. Major companies operating in the late-stage chronic kidney disease drug market are developing new product drugs to sustain their position in the market. For instance, in February 2022, Bayer, a Germany-based pharmaceutical and biotechnology company, launched Kerendia (finerenone) in India. Patients with type two diabetes and chronic renal disease should use finer enone, a first-in-class non-steroidal, selective mineralocorticoid receptor antagonist. It works by preventing the overactivation of the mineralocorticoid receptor (MR), which is thought to be a factor in developing chronic kidney disease (CKD) and cardiovascular harm.
The late stage chronic kidney disease drugs market 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
North America was the largest region in the late stage chronic kidney disease drugs market in 2022.
The table of contents in TBRC’s late stage chronic kidney disease drugs market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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