NEPHROLOGY DRUGS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Global nephrology drugs market has been witnessing robust growth due to rising prevalence of kidney diseases around the world. Kidney or renal diseases have emerged as a major public health issue, disproportionately affecting the elderly population. According to the U.S. Renal Data System, over 661,000 Americans have end-stage renal disease with the number expected to grow in the near future. Moreover, conditions like diabetes and hypertension, which are the leading causes of kidney diseases, boosts demand for nephrology medications for treatment and management. Pharmaceutical companies are actively engaged in developing novel and effective drugs to cater to growing demand.

Market Dynamics:

Global nephrology drugs market growth is primarily driven by increasing geriatric population susceptible to chronic kidney diseases, rising prevalence of diabetes and hypertension, growing awareness about kidney ailments, and ongoing research towards development of new treatment options. However, stringent regulatory environment for drug approval and high costs associated with renal medication can hamper the market growth. Growing healthcare expenditure of emerging economies can offer opportunities for market players. Pharmaceutical companies are investing heavily in clinical trials of pipeline drugs to expand their product portfolios, and are engaging in mergers and acquisitions to strengthen their market presence.

Key features of the study:

• This report provides in-depth analysis of the global nephrology drugs market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global nephrology drugs market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Amgen, Teva Pharmaceutical Industries Ltd., Pfizer Inc., AstraZeneca plc., F. Hoffmann-La Roche Ltd., Sanofi S.A, AbbVie Inc., Novartis AG
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global nephrology drugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global nephrology drugs market

Detailed Segmentation-

• By Route of Administration
  
  • Oral
  • Parenteral
  • Others
• By Drug Class
  
  • ACE Inhibitors
  • Angiotensin Receptor Blockers (ARBs)
  • B-Blockers
  • Calcium Channel Blockers
  • Loop Diuretics
  • Erythropoiesis-Stimulating Agents (ESAs)
  • Phosphate Binders
  • Others
•  By Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Amgen Inc.
  • F.Hoffmann-La Roche Ltd
  • Sanofi
  • Novartis AG
  • AstraZeneca
  • Pfizer Inc.
  • Johnson & Johnson
  • Teva Pharmaceutical Industries Ltd.
  • GlaxoSmithKline plc
  • AbbVie Inc.
  • Genzyme Corporation
  • Merck & Co. Inc.
  • Bayer AG
  • Eli Lilly and Company
  • Fresenius Medical Care AG & Co. KGaA
  • Shire Pharmaceuticals Limited
  • Keryx Biopharmaceuticals Inc.
  • Otsuka Pharmaceutical Co. Ltd.