Renal Anemia Therapeutics Market Scope
Renal Anemia is a medical condition that is conducted by the body. It is the condition where the body is producing lesser red blood cells than normal this situation led in the results in a decline in oxygen delivery to vital tissues and organs. This disease is referred to as anemia that occurs due to renal dysfunction or chronic kidney disease. This condition is diagnosed by using intravenous or oral supplements of iron and many more prescribed drugs. A high prevalence of chronic diseases majorly in geriatric people is driving the market.
The market study is being classified by Type (DS-1093, EPO-018B, FG-2216, JTZ-951 and MDGN-201), by Application (Hospital, Research Center and Clinic) and major geographies with country level break-up.
Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Renal Anemia Therapeutics market throughout the predicted period.
Bayer AG (Germany), BIOCAD (Russia), CCM Duopharma Biotech Berhad (Malaysia), Chong Kun Dang Pharmaceutical Corp.(South Korea), Daiichi Sankyo Company, Limited (Japan), Dong-A Socio Group (South Korea), Dr. Reddy's Laboratories (India), Eli Lilly and Company (United States), FibroGen, Inc (United States) and GlaxoSmithKline Plc (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Intas Pharmaceuticals Ltd. (India), JCR Pharmaceuticals Co., Ltd. (Japan) and Jiangsu Hansoh Pharmaceutical Co., Ltd.(China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Renal Anemia Therapeutics market by Type, Application and Region.
On the basis of geography, the market of Renal Anemia Therapeutics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Dec 2018, AstraZeneca announced that its partner FibroGen (China) Medical Technology Development Co., Ltd. (FibroGen China) has now received formal marketing authorisation from the National Medical Products Administration (NMPA) for roxadustat, a first-in-class hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI) and new oral treatment for patients with anaemia caused by chronic kidney disease (CKD) that are on dialysis. The medicine can be prescribed to patients who use haemodialysis or peritoneal dialysis.
Market Trend
- Increasing Use of Epoetin alfa Drugs for Treating Anemia in CKD Patients
Market Drivers
- Growing Prevalence of Chronic Kidney Disease in Developing Countries
- Rising Number of Renal Disease Patients
Opportunities
- Potential Market Growth in Countries with the Highest Rate of Degenerative Diseases Such As Diabetes, High Blood Pressure, Glomerulonephritis, etc.
- Increasing Affordability and Healthcare Access in Developing Countries
Restraints
- Fear of Late Complications and Reimbursement Issues
Challenges
- Side-Effects of Oral Administration
Key Target Audience
Healthcare Industry, Government Bodies and Associations, Medicine Manufacturers, Medicine Raw Material Suppliers, Research Companies and Potential Investors
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase