About Cinacalcet
Cinacalcet is used to treat secondary hyperparathyroidism (elevated parathyroid hormone levels), a consequence of end-stage renal disease. Cinacalcet, sold under the brand name Sensipar among others. Cinacalcet is used alone or with other medications to treat secondary hyperparathyroidism. Commonly reported side effects of cinacalcet include: decreased plasma testosterone, diarrhea, dizziness, myalgia, nausea, vomiting, and hypoparathyroidism.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States and Indian Players will contribute the maximum growth to Global Cinacalcet market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amgen Inc. (United States), Teva Pharmaceutical Industries Ltd. (Israel), Genzyme Corporation (Sanofi) (United States), AbbVie Inc. (United States), Cipla Inc. (India), Dr. Reddy’s Laboratories Ltd. (India), OPKO Health, Inc. (United States), Mylan (United States), Aurobindo Pharma (India) and Sun Pharmaceutical (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Cinacalcet market by Type (30 mg Tablets and 60 mg Tablets), Application (Hospitals, Medical Research Center, Pharmaceutical Factory and Others) and Region.
On the basis of geography, the market of Cinacalcet 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). If we see Market by Distribution Channel, the sub-segment i.e. Hospitals will boost the Cinacalcet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing awareness about hyperparathyroidism in physicians, as well as clinical specialists, have improved the treatment regimen for its management and Reduction in associated complications for the management of hyperparathyroidism
Market Growth Drivers:
Increasing prevalence of chronic kidney disease among geriatric population as well as general population, Rising cases of renal disease and increasing patient pool will have a significant impact on the market and Increasing cost burden for the treatment of secondary hyperparathyroidism will further encourage growth of the market
Challenges:
High competition among established players
Restraints:
Side effect such as nausea, vomiting, diarrhoea, etc. associated with the medication
Opportunities:
The increasing government initiatives for improvising secondary hyperparathyroidism management
Cipla Inc. and its subsidiary Cipla USA Inc. announced the launch of a generic form of Cinacalcet hydrochloride tablets in USA. and Amgen Inc. announced the USFDA approval of Parsabiv for the treatment of secondary hyperparathyroidism in adult patients with chronic kidney disease (CKD).
Key Target Audience
Cinacalcet Producers, Cinacalcet Supplier, Research and Development Institutes, Potential Investors, Hospitals, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.