One of the major challenges faced by the diabetic kidney disease market is lack of awareness about the disease among general population as well as physicians. Late diagnosis results in poor treatment outcomes. Affordability of existing treatment options is another barrier as drugs and dialysis are very costly. Rising healthcare costs can limit access to care for underprivileged patients.
Market Opportunities – Increasing diabetic patient pool driven by sedentary lifestyles
Increasing diabetic patient pool driven by sedentary lifestyles and obesity pandemic creates lucrative opportunities for market development over the forecasted period. More focus on early screening programs can help detect kidney disease beforehand. Novel drug delivery methods and new molecular entities in development promise better efficacy and convenience. Growth in healthcare investment and spending across regions like Asia Pacific and Latin America will boost the scope for affordable therapies.
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