Press Release

Chronic Kidney Disease Treatment Market to Grow with a CAGR of 4.72% through 2028

Increase in the incidence of Chronic Kidney Disease and advancements in healthcare technology is expected to drive the Global Chronic Kidney Disease Treatment Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “Chronic Kidney Disease Treatment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Chronic Kidney Disease Treatment Market stood at USD 32.05 billion in 2022 and is anticipated to grow with a CAGR of 4.72% in the forecast period, 2024-2028. The awareness among individuals regarding Chronic Kidney Disease Treatment has led to favorable market conditions for the global Chronic Kidney Disease Treatment market. Several factors contribute to the growth of various Chronic Kidney Disease Treatment products.

The increasing worldwide incidence of Chronic Kidney Disease (CKD) is a substantial catalyst for the Global CKD Treatment Market. Multiple factors, including an aging population, sedentary lifestyles, unhealthy dietary habits, the prevalence of diabetes and hypertension, environmental factors, genetic predispositions, and delayed detection, collectively contribute to the escalating CKD burden. With the continuous growth in CKD prevalence, there is a heightened demand for efficacious treatments and interventions, firmly establishing the CKD treatment market as a pivotal element within the broader global healthcare landscape.

Technological advancements in treatment modalities play a pivotal role in driving the Global Chronic Kidney Disease (CKD) Treatment Market. These advancements not only enhance the efficacy of treatments such as hemodialysis, peritoneal dialysis, and kidney transplantation but also expand healthcare accessibility through telemedicine and remote monitoring solutions. As technology continues to progress, the CKD treatment market is poised to experience further innovations that elevate the quality of care and enhance the overall well-being of CKD patients. This, in turn, reinforces the market's growth and underscores its significance within the global healthcare industry, which will further fuel market growth.

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Awareness initiatives emphasize lifestyle modifications, such as maintaining a healthy diet, regular exercise, and managing risk factors like diabetes and hypertension. These efforts are instrumental in preventing CKD or slowing its progression.

In today's fast-paced world, the ability to work and be economically active is essential. CKD treatment, including dialysis or transplantation, allows individuals to maintain their employment and financial stability. This, in turn, supports their quality of life and reduces the economic burden on healthcare systems. CKD treatment can significantly enhance the quality of life for affected individuals. By managing symptoms and complications, such as high blood pressure, anemia, and mineral imbalances, treatment helps patients lead more fulfilling lives despite their condition. CKD treatment aims to slow disease progression and prevent complications like heart disease, stroke, and bone disorders. By addressing these comorbidities, treatment reduces the risk of further health complications that can disrupt a fast-paced lifestyle. Kidney transplantation and dialysis, in particular, enable patients to maintain their mobility and independence. This is crucial for individuals who need to keep up with work, family responsibilities, and other commitments. CKD treatment often involves managing anemia, a common complication. By addressing anemia, treatment helps patients feel more energetic and better equipped to handle the demands of a fast-paced life. Many CKD patients continue to lead active lives that involve travel and flexibility. Dialysis centers in various locations and advances in home-based peritoneal dialysis make it possible for patients to adapt their treatment to their lifestyle.

                                                                                             

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Healthcare expenditure has facilitated the integration of telemedicine and telehealth solutions into CKD care. Patients can now access consultations with nephrologists and healthcare providers remotely. This not only enhances convenience but also ensures continuous care, even in remote or rural areas.

In recent times, rising rates of diabetes, hypertension, and obesity. CKD treatment has become essential in managing and mitigating the impact of this growing health concern. CKD often coexists with other chronic conditions, such as cardiovascular diseases and diabetes. Effective CKD treatment plays a vital role in managing these comorbidities, preventing complications, and improving overall health outcomes. Advances in healthcare delivery, including telemedicine and remote monitoring, have improved access to CKD treatment for individuals, including those in remote or underserved areas. Patients can now receive specialized care and consultations more conveniently. CKD disproportionately affects certain populations, including minority communities. Recent efforts in healthcare equity emphasize the importance of ensuring that CKD treatment is accessible and effective for all individuals, regardless of their background. However, the Economic Barriers and Healthcare Disparities may hinder market growth. Moreover, challenges related to Limited Awareness and Late Diagnosis may pose obstacles to the Chronic Kidney Disease Treatment market in the near future.

The Global Chronic Kidney Disease Treatment Market is segmented into product type, end-user, regional distribution, and company.

Based on its product type, the Diagnosis segment has emerged as the predominant market leader, While CKD treatment encompasses various approaches, including medications, dialysis, and transplantation, the Diagnosis segment serves as the foundation upon which all treatment decisions are made. Early detection and accurate staging of CKD are fundamental to determining the appropriate treatment approach. Diagnosis helps healthcare providers assess the severity of the disease, allowing them to tailor treatment plans to individual patients' needs. Diagnosing CKD involves identifying the underlying causes, such as diabetes, hypertension, or genetic factors. Understanding the root cause of CKD guides treatment strategies, including lifestyle modifications and targeted interventions. Progression Tracking: The Diagnosis segment includes regular monitoring of kidney function through tests like serum creatinine levels, glomerular filtration rate (GFR), and urinary albumin-to-creatinine ratio. This monitoring is essential for tracking disease progression over time. By closely monitoring kidney function, healthcare providers can make timely treatment adjustments. For instance, they may modify medication dosages, recommend dietary changes, or initiate dialysis when necessary, based on the progression of CKD.

Based on region, North America segment is expected to grow during the forecast period.  North America boasts a highly developed healthcare infrastructure with numerous specialized kidney care centers, hospitals, and nephrology departments. The region has a significant prevalence of CKD risk factors, including diabetes and hypertension. This high disease burden drives demand for CKD diagnosis and treatment. North America is a hub for medical research and innovation. It leads in clinical trials and the development of new CKD treatments and therapies. Many North American countries have comprehensive healthcare coverage systems, ensuring that a substantial portion of the population can access CKD diagnosis and treatment services.

The Asia-Pacific market is poised to be the fastest-growing market, offering lucrative growth opportunities for Chronic Kidney Disease Treatment players during the forecast period. Factors such as the Asia-Pacific region has seen a significant increase in CKD prevalence, primarily due to lifestyle changes, urbanization, and an aging population. Many countries in the Asia-Pacific region are investing heavily in expanding their healthcare infrastructure. This includes the establishment of nephrology centers, dialysis units, and transplant facilities. There is a growing awareness of CKD and its risk factors in the region. Public health campaigns and healthcare education initiatives are contributing to early diagnosis and treatment. Several governments in the Asia-Pacific region are implementing CKD management programs and policies to improve access to care and reduce the disease burden. As economies in the region grow, there is an increase in healthcare spending, which is expected to drive the demand for CKD diagnosis and treatment services.

 

Major companies operating in Global Chronic Kidney Disease Treatment Market are:

  • AbbVie Inc.
  • Amgen Inc.
  • Bayer AG
  • Bristol-Myers Squibb Company
  • F. Hoffmann-La Roche Ltd
  • GlaxoSmithKline PLC
  • Merck & Co. Inc.
  • Pfizer Inc.
  • Sysmex Corporation
  • Teva Pharmaceutical Industries Ltd

 

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“The Advancements in Healthcare Technology and increasing incidence of CKD are key drivers of the Chronic Kidney Disease Treatment and supplement market. In recent years, the growing Ongoing advancements in healthcare technology, including innovations in diagnostics, dialysis machines, transplantation techniques, and pharmaceuticals, have expanded the range of treatment options available to CKD patients. Moreover, the growing consumer emphasis on preventative healthcare products has enhanced production and marketing efforts. To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Chronic Kidney Disease Treatment and supplements market in the coming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Chronic Kidney Disease Treatment Market By Type (Chronic Kidney Disease Treatment B, Chronic Kidney Disease Treatment E, Chronic Kidney Disease Treatment D, Chronic Kidney Disease Treatment C, Chronic Kidney Disease Treatment A, Chronic Kidney Disease Treatment K), By Application (Healthcare products, Pharmaceuticals, Food and beverages, Animal Feed, Personal care), By Source (Synthetic, Natural, Plant, Animal, Others), By Form (Powder, Tablets, Capsules, Soft gels, Gummies), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and E-stores, Hypermarkets/supermarkets), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Chronic Kidney Disease Treatment Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Chronic Kidney Disease Treatment Market.

 

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Chronic Kidney Disease Treatment Market – Global Industry Size, Share, Trends, Opportunity, & Forecast 2018-2028 Segmented By Product Type (Diagnosis, Treatment, Dialysis, Others), By End User (Hospital, Diagnostic Laboratories, Other), By Region, Competition

Healthcare | Oct, 2023

Advancements in healthcare technology and growing awareness and early detection are factors driving the Global Chronic Kidney Disease Treatment market in the forecast period 2024-2028.

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