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11-Oct-2023

Chronic Kidney Disease (CKD) Market would rocket up to USD 18,800.17 million by 2030

The worldwide Chronic Kidney Disease (CKD) Market report encompasses market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. It provides the supreme base for the competitor analysis, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market and HEALTHCARE industry. This market report offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin. Chronic Kidney Disease (CKD) Market research report provides myriad of benefits for a prosperous business.

Chronic Kidney Disease (CKD) is a long-term condition in which the kidneys gradually lose function. The kidneys play a crucial role in filtering waste products, excess fluids, and toxins from the blood while also regulating blood pressure, electrolyte balance, and red blood cell production. CKD typically progresses slowly and may lead to kidney failure if left untreated. Diabetes, glomerulonephritispolycystic kidney disease, and high blood pressure are the causes of CKD. If CKD is suspected, a healthcare provider may order several tests, including blood tests to measure kidney function (creatinine and blood urea nitrogen levels), urine tests, imaging studies (ultrasound and CT scan), and kidney biopsy in some cases.

Data Bridge Market Research analyses that the Chronic Kidney Disease (CKD) market which was USD 13,220.00 million in 2022, would rocket up to USD 18,800.17 million by 2030, and is expected to undergo a CAGR of 4.5% during the forecast period. This indicates that the market value. Diagnosis dominates the product type segment of the Chronic Kidney Disease (CKD) market owing to the increasing prevalence of CKD. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Chronic Kidney Disease (CKD) is also termed chronic kidney failure characterized by gradual loss of kidney function. There are various types of medications available in the market. Medicines cannot reverse chronic kidney disease, but they treat complications and slow further kidney damage.

Drivers

  • Increasing prevalence of CKD

The global prevalence of CKD is rising due to aging populations, sedentary lifestyles, unhealthy diets, and a higher prevalence of risk factors such as diabetes and hypertension. The growing number of CKD cases drives the demand for treatments and management solutions.

  • Technological advancements in kidney disease management

Advances in medical technology have led to the development of innovative diagnostic tools, therapeutic options, and treatment modalities for CKD. These advancements include improved screening techniques, biomarkers for early detection, wearable devices for continuous monitoring, and telemedicine platforms for remote patient management.

  • Growing awareness and screening initiatives

Increased awareness about kidney health and the importance of early detection has resulted in more people seeking screening for CKD. Public health campaigns, educational programs, and initiatives by healthcare organizations have contributed to the early identification of CKD cases, leading to timely intervention and treatment.

  • Rising healthcare expenditure

Governments and private entities are allocating more resources to healthcare, including kidney disease management. Increased healthcare expenditure allows better access to diagnostics, treatment options, and specialized care for CKD patients, thereby driving the market growth.

Opportunities

  • Precision medicine approaches

CKD is a heterogeneous condition with various underlying causes and disease trajectories. The application of precision medicine, including genetic profiling, molecular diagnostics, and tailored treatment approaches, can optimize therapeutic outcomes and improve patient care.

  • Digital health and remote monitoring

Integrating digital health technologies, such as wearable devices, remote monitoring systems, and telemedicine platforms, provides opportunities to enhance patient engagement, improve self-management, and enable remote care delivery for CKD patients. These technologies can facilitate real-time monitoring of vital signs, medication adherence, and lifestyle factors, leading to better disease management and reduced hospitalizations.

Browse Complete Report Details- https://www.databridgemarketresearch.com/reports/global-chronic-kidney-disease-ckd-market?Shri

Recent Development

  • In July 2021, Bayer’s KERENDIA (finerenone) received U.S. FDA Approval for Treatment of Patients with Chronic Kidney Disease Associated with Type 2 Diabetes
  • In April 2021, AstraZeneca’s Farxiga (dapagliflozin), a sodium-glucose cotransporter 2 (SGLT2) inhibitor, has been approved in the US to reduce the risk of sustained estimated glomerular filtration rate (eGFR) decline, end-stage kidney disease (ESKD), cardiovascular (CV) death and hospitalization for heart failure (hHF) in adults with chronic kidney disease (CKD) at risk of progression.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

  • Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
  • Value chain analysis of prominent players in the market
  • Current trends influencing the dynamics of this market across various geographies
  • Recent mergers, acquisitions, collaborations, and partnerships
  • Revenue growth of this industry over the forecast period
  • Marketing strategy study and growth trends
  • Growth driven factor analysis
  • Emerging recess segments and region-wise market
  • An empirical evaluation of the curve of this market
  • Ancient, Present, and Probable scope of the market from both prospect value and volume   Chronic Kidney Disease (CKD) Market Scope

Chronic Kidney Disease (CKD) Market Scope

Product type

  • Diagnosis
  • Treatment

Route of administration

  • Oral
  • Intravenous
  • Subcutaneous

End User

  • Hospitals
  • Diagnostic Laboratories
  • Homecare
  • Specialty Clinics
  • Others)

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-chronic-kidney-disease-ckd-market&Shri

Some of the major players operating in the Chronic Kidney Disease (CKD) market are:

  • Pfizer Inc. (U.S.)
  • Amgen, Inc. (U.S.)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Abbott (U.S.)
  • Bristol-Myers Squibb Company (U.S.)
  • GlaxoSmithKline Plc (U.K.)
  • Novartis AG (Switzerland)
  • Sanofi (France)
  • Teva Pharmaceutical Industries Ltd (Israel)
  • Fresenius Medical Care AG & Co. KGaA (Germany)
  • Kissei Pharmaceutical Co., Ltd. (Japan)
  • AbbVie Inc. (U.S.)
  • Merck KGaA (U.S.)
  • Otsuka Pharmaceutical Co., Ltd. (Japan)
  • AstraZeneca (U.K.)
  • Johnson & Johnson Services, Inc. (U.S.)
  • Akebia Therapeutics, Inc. (U.S.)
  • FibroGen, Inc. (U.S.)
  • Siemens Healthcare GmbH (Germany)

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Last Updated: 11-Oct-2023