Diabetic Nephropathy Market
Growth Factors of Diabetic Nephropathy Market
The global diabetic nephropathy market size was valued at USD 2.70 billion in 2023 and is projected to grow from USD 2.81 billion in 2024 to USD 3.99 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period of 2024-2032.
This chronic illness disrupts the behind-schedule prognosis and treatment in the Diabetic Nephropathy Market because of limitations on healthcare admission and delayed trials. But, as other acts related to healthcare provision standardize, increased cases of diabetes and better awareness of kidney pains will, in turn, boost market expansion, thus restraining the diabetic nephropathy market growth.
The growth drivers for the Diabetic Nephropathy Market are the increasing prevalence of diabetes, increasing awareness of diabetic complications, and technological progress in the treatments. Growth in the prices of health and the advancement of fresh healing procedures contribute to the marketplace enlargement.
Remote monitoring and telemedicine are gradually becoming more and more crucial for controlling diabetic nephropathy. CGM gadgets show precise actual-time Blood Glucose degree knowledge to the sufferers and healthcare suppliers to make the suitable choice on insulin dosing and everyday way-of-life adjustments that would contribute to expanding the worldwide diabetic nephropathy market share. Telehealth platform Cornerstone also enables distant monitoring of patients with diabetic nephropathy and identifies potential complications and timely intervention. It can grow patient outcomes, reduce pressure on health systems, and improve regular, high-quality care.
Comprehensive Analysis of Diabetic Nephropathy Market
The Diabetic Nephropathy Market is segmented via drug magnificence and distribution channels. In terms of drug class, angiotensin receptor blockers maintain the most significant marketplace proportion due to their capacity to save nephropathy in diabetic sufferers. ACE inhibitors are also widely used, with medical research showing they sluggish the progression of kidney disorders. The SGLT2 inhibitors section is projected to develop quickly due to its blessings in decreasing renal fibrosis and related complications. Regarding distribution channels, clinic pharmacies dominate the market, driven by high hospitalization rates for persistent kidney sickness, even as drug shops and retail pharmacies preserve a significant percentage because they provide prescription and OTC drugs.
The North America region led the diabetic nephropathy market by benefitting a size of USD 1.19 billion in 2023 due to the rising prevalence of diabetes.
The leading players in the diabetic nephropathy market significantly shape its growth trajectory and establish industry standards. These key companies, including Janssen Pharmaceuticals, Inc. (U.S.), AstraZeneca (U.K.), Aurobindo Pharma Limited (India), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), Novartis AG (Switzerland), Sun Pharmaceutical Industries Ltd. (India), Bayer AG (Germany), and Par Pharmaceuticals (U.S.), contribute to a competitive landscape, driving innovation and advancing the market.
In November 2023, ProKidney Corp. Secured approval from the U.K. Medicines and Healthcare Products Regulatory Agency (MHRA) for proact 1 (REGEN-006) and obtained medical steerage from the European Medicines Agency (EMA) concerning phase 3 protocols for REACT in diabetic chronic kidney disease.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.5% from 2024-2032
Unit Value (USD Billion)
Segmentation By Drug Class
- Angiotensin Converting Enzyme (ACE) Inhibitors
- Angiotensin Receptor Blockers
- Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors
- Mineralocorticoid Receptor Antagonists
- Others
By Distribution Channel
- Hospital Pharmacies
- Drug Stores & Retail Pharmacies
- Others
By Geography
- North America (By Drug Class, By Distribution Channel, and By Country)
- U.S.
- Canada
- Europe (By Drug Class, By Distribution Channel, and By Country/Sub-region)
- U.K.
- Germany
- France
- Italy
- Spain
- Scandinavia
- Rest of Europe
- Asia Pacific (By Drug Class, By Distribution Channel, and By Country/Sub-region)
- Japan
- China
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
- Rest of the World (By Drug Class, and By Distribution Channel)
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