Chronic Kidney Disease Market Growth: Historical and Projected Market Size, Competitive landscape & Forecast 2023
Market Research Future has drafted a research study on the Chronic Kidney Disease Market which offers a concise outline of the market valuation, market size, SWOT analysis, revenue approximation, and the regional outlook.
Chronic Kidney Disease Market Research Report: By Diagnosis (Blood Test, Urine Test, Biopsy), by Treatment (Drugs, Dialysis, Kidney Transplant), by Indication (Type 1 or Type 2 Diabetes, High Blood Pressure), End-User (Hospitals) – Global Forecast Till 2023
The global report on the Chronic Kidney Disease Market Growth suggests a good hike in the revenue during the forecast period of 2018 to 2023. Market Research Future (MRFR) reveals various factors that can impact the market outcome in the coming years, like an increasing number of biopsy procedures, the inclusion of new technologies in the healthcare sector, market competition to develop better products and edge out rivals, hike in research investment, and others. However, in some cases, the high cost associated with procedures can deter the market from having good growth.
The global report on the chronic kidney disease market has been studied by MRFR experts after getting it segmented on the basis of indication, diagnosis, treatment, and end-user. This recording of segments is backed by a close study of various factors and demographic challenges that would help the market in developing strategies with better possible impacts.By diagnosis, the report contains details of the chronic kidney disease market with segmentation into urine tests, imaging tests, blood tests, and kidney biopsy. The imaging test segment is getting traction for its ability to provide certainty regarding the process. By treatment, the market report has been segmented into dialysis, drugs, and kidney transplant. The drugs segment has been segmented into angiotensin-ii receptor blockers, ace inhibitors, beta-blockers, calcium channel blockers, and erythropoiesis-stimulating agents. By indication, the report on the chronic kidney disease market includes segments like high blood pressure, polycystic kidney disease, Type 1 or Type 2 diabetes, and others. Growing number of diabetes patient is spurring the demand for type 1 or type 2 diabetes segment. By end-user, the global market report on chronic kidney disease has been segmented into diagnostic centers, hospitals and clinics, and others. The hospitals and clinics segment has been getting thrust from the market for its ability to address the disease with better infrastructure is higher than other parts.
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North America has the chance to lead the market as the expenditure for the healthcare sector is high in the region. This is primarily due to the superlative healthcare setup and improved reimbursement policies that help more patients in going for a check-up. On the other hand, the presence of countries like the US and Canada are expected to boost the regional market. In Europe, market growth would get backed by countries like the UK, Italy, France, Germany, and others. In the Asia Pacific region, growth would be backed by emerging nations and their revamped healthcare industry. Competitive Analysis: The global market for chronic kidney disease market depends on the strategic moves made by companies like Beckman Coulter, Abbott, Siemens, Sysmex, ACON Laboratories, Inc., F. Hoffmann-La Roche Ltd, ARKRAY, OPTI Medical, URIT Medical, Nova Biomedical, Teva Pharmaceutical Industries Ltd., 77 Elektronika, Randox Laboratories, Pfizer Inc., AbbVie Inc., Amgen Inc., AstraZeneca Plc, GlaxoSmithKline Plc, F. Hoffmann-La Roche Ltd., Sanofi S.A., and Kissei Pharmaceutical Co. Ltd. These companies and their latest proceedings have been tracked by MRFR for a better understanding of the market growth impacts and maps. Industry News: In March 2020, researches revealed that opioids are more harmful when it comes to treating patients with kidney diseases than non-steroidal anti-inflammatory drugs (NSAID). In a study of the Chronic Renal Insufficiency Cohort (CRIC) study, researchers realized that the impact of the medicines is quite negative on patients than on people who are not taking opioids. This will give pharmaceutical companies a new direction to work on.
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