Secondary Hyperparathyroidism Treatment Market to Grow with a CAGR of 9.62% through 2029
Advancements in
Diagnostic Technologies are expected to drive the Global Secondary
Hyperparathyroidism Treatment Market growth in the forecast period, 2025-2029
According to
TechSci Research report, “Secondary Hyperparathyroidism Treatment Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global Secondary Hyperparathyroidism Treatment Market
stood at USD1.12 billion in 2023 and is anticipated to grow with a CAGR of 9.62%
in the forecast period, 2025-2029. One of the primary drivers fueling the
growth of the global secondary hyperparathyroidism treatment market is the
escalating prevalence of chronic kidney disease (CKD). As CKD progresses, it
often leads to disturbances in calcium and phosphate metabolism, triggering
secondary hyperparathyroidism. The rising incidence of CKD, attributed to
factors such as an aging population, sedentary lifestyles, and a growing
prevalence of diabetes and hypertension, contributes significantly to the
expanding patient pool seeking secondary hyperparathyroidism treatment.
Advancements in
diagnostic technologies have played a pivotal role in the early detection and
accurate diagnosis of secondary hyperparathyroidism. Improved imaging
techniques, including ultrasound, Sestamibi scans, and positron emission
tomography (PET) scans, enable healthcare professionals to precisely locate and
assess the condition of the parathyroid glands. Early diagnosis facilitates
timely intervention, leading to better treatment outcomes. The integration of
cutting-edge diagnostic tools into clinical practice has enhanced the
efficiency of healthcare delivery and contributed to the overall growth of the
treatment market.
Pharmaceutical
innovations have been a driving force behind the expansion of the secondary
hyperparathyroidism treatment market. Calcimimetics, a class of medications
that mimic the action of calcium on the parathyroid glands, have emerged as a
particularly effective treatment option. These drugs, such as cinacalcet,
provide a targeted approach to managing overactive parathyroid glands.
Additionally, vitamin D analogs and phosphate binders are integral components
of the pharmaceutical armamentarium against secondary hyperparathyroidism.
Ongoing research and development activities aim to introduce novel therapeutic
modalities, further diversifying the treatment options available to healthcare
providers and patients.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on
"Global Secondary Hyperparathyroidism Treatment Market”
The Global Secondary
Hyperparathyroidism Treatment Market is segmented into Drug Class, Route of
Administration, Distribution
Channel, Regional Distribution, And Company.
Based on the
Drug Class, Calcimimetics emerged as the dominant segment in the global market
for Global Secondary Hyperparathyroidism Treatment in 2023. While Vitamin D Analogs and Phosphate Binders also
play essential roles in the comprehensive management of secondary
hyperparathyroidism, the specificity and direct impact of calcimimetics on the
parathyroid glands make them particularly pivotal in controlling the
overactivity of these glands. The demand for calcimimetics has increased as
healthcare providers recognize their efficacy and integrate them into treatment
regimens for patients with secondary hyperparathyroidism. This targeted approach addresses the root cause of
secondary hyperparathyroidism, making calcimimetics a cornerstone in the
pharmacological intervention for this condition. The effectiveness of
calcimimetics in controlling PTH levels and maintaining mineral homeostasis has
contributed to their widespread adoption in clinical practice.
Based
on the Route of Administration , Oral administration emerged as the dominant
segment in the global market for Global Secondary Hyperparathyroidism Treatment
in 2023. Oral administration involves the ingestion of medications in the form
of tablets, capsules, or liquid formulations, making it a convenient and
patient-friendly approach. This route of administration is particularly
prominent in the context of secondary hyperparathyroidism treatment, where
patients often require long-term and routine medication. Calcimimetics, vitamin
D analogs, and phosphate binders, which are key drug classes in the treatment
of secondary hyperparathyroidism, are often formulated for oral administration.
The oral route provides several advantages, including ease of self-administration,
improved patient compliance, and the ability to integrate medication into daily
routines. This convenience contributes to higher patient adherence to
prescribed treatment regimens, ultimately enhancing the overall effectiveness
of secondary hyperparathyroidism management.
Based
on the distribution channel, Hospital pharmacies emerged as the dominant
segment in the global market for Global Secondary Hyperparathyroidism Treatment
in 2023. Hospital
pharmacies are well-positioned to cater to the complex and specialized needs
associated with secondary hyperparathyroidism, often prevalent in patients with
chronic kidney disease. Healthcare providers within hospital settings can
directly manage and dispense medications, ensuring timely administration and
monitoring of treatment regimens. Additionally, hospital pharmacies play a
pivotal role in coordinating with healthcare teams to optimize therapeutic
outcomes, addressing any potential challenges in the course of treatment.
North
America emerged as the dominant player in the Global Secondary
Hyperparathyroidism Treatment Market in
2023, holding the largest market share. The
dominance of North America in the global healthcare market is often attributed
to factors such as well-established healthcare systems, accessibility to
advanced medical treatments, and a robust pharmaceutical industry. Countries
like the United States and Canada are home to major pharmaceutical companies
and research institutions actively involved in developing and commercializing
treatments for various medical conditions, including secondary
hyperparathyroidism.
Major companies operating in Global Secondary
Hyperparathyroidism Treatment Market are:
- Opko
Health, Inc
- Amgen
Inc.
- Tairui
Biotechnology Co., Ltd.
- Sanofi
SA
- Validus
Pharmaceuticals LLC
- AbbVie
Inc.
- Ono
Pharmaceutical Co., Ltd
- Kyowa
Kirin Co., Ltd.
- Teva
Pharmaceutical Industries Ltd
- Pharmanovia
Download Free Sample Report
Customers can
also request for 10% free customization
on this report
“The
Global Secondary Hyperparathyroidism Treatment Market is poised for significant
growth in the coming years. Advances in pharmaceuticals, including
calcimimetics, vitamin D analogs, and phosphate binders, offer diversified and
targeted therapeutic approaches, contributing to the market's expansion.
Moreover, the trend towards personalized medicine and targeted therapies is
reshaping treatment strategies, improving patient outcomes, and fostering
innovation. Technological integration in diagnostics and treatment planning,
alongside a growing emphasis on patient education, enhances the overall
management of secondary hyperparathyroidism. As healthcare systems globally
prioritize the comprehensive care of patients with endocrine disorders, the
Global Secondary Hyperparathyroidism Treatment Market is expected to experience
sustained growth, creating opportunities for pharmaceutical companies,
healthcare providers, and patients alike.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Secondary
Hyperparathyroidism Treatment Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2019-2029 Segmented By Drug Class (Vitamin D
Analogs, Calcimimetics, Phosphate Binders, Others), By Route of Administration
(Oral, Intravenous, Subcutaneous), By Distribution Channel (Hospital
Pharmacies, Retail Pharmacies, Online Pharmacies) Region and Competition”,
has evaluated the future growth potential of Global Secondary
Hyperparathyroidism 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 Secondary Hyperparathyroidism Treatment Market.
Contact
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New York,
United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com