Chronic Kidney Disease Drugs Market Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

 

Chronic Kidney Disease Drugs Market
Chronic Kidney Disease Drugs Market

Chronic kidney disease (CKD) is a global health problem that affects millions of people worldwide. CKD is characterized by the gradual loss of kidney function over time, leading to a variety of complications such as hypertension, anemia, and bone disease. CKD is a serious and potentially life-threatening condition that requires ongoing medical management.

The Chronic Kidney Disease Drugs Market used to treat CKD is growing rapidly, driven by the increasing prevalence of CKD, the aging population, and the development of new and innovative drugs. According to a recent report by Grand View Research, the global CKD drugs market size was valued at $13.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2021 to 2028.

One of the key factors driving the growth of the CKD drugs market is the increasing prevalence of CKD worldwide. According to the National Kidney Foundation, approximately 37 million people in the United States alone have CKD, and millions more are at risk of developing the disease. CKD is also a growing problem in other parts of the world, particularly in low- and middle-income countries where access to healthcare and preventive measures is limited.

Another factor driving the growth of the Chronic Kidney Disease Drugs Market is the aging population. As people age, their risk of developing CKD increases. According to the World Health Organization, the global population aged 60 years and older is expected to reach 2 billion by 2050, up from 900 million in 2015. This demographic shift is expected to drive demand for CKD drugs in the coming years.

The Chronic Kidney Disease Drugs Market is also being driven by the development of new and innovative drugs. In recent years, several new drugs have been approved for the treatment of CKD, including drugs that target specific pathways involved in the progression of the disease. For example, sodium-glucose co-transporter 2 (SGLT2) inhibitors, which are used to treat diabetes, have been shown to have beneficial effects on kidney function in people with CKD. These drugs work by blocking the reabsorption of glucose in the kidneys, which can reduce the workload on the kidneys and slow the progression of CKD.

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