Global Diabetic Nephropathy Market Overview:
Diabetic nephropathy which is the end of kidney disease due to the result of diabetes, the global diabetic nephropathy market is driven by high blood pressure and glucose level. Having high blood glucose levels due to diabetes can damage the part of the kidneys that filter the blood. For some people, it can progress to chronic disease and its failure, it is common in women every one out of 4 women and every one out of 5 men are diagnosed with type 2 diabetic nephropathy. It is even more common in type 1 diabetes.
As per latest study released by AMA Research, the Global Diabetic Nephropathy market is expected to see growth rate of 5.9%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Automation in Diabetic Nephropathy Devices for Treatment and Most Women are Being Diagnosed with Diabetic Nephropathy
Market Growth Drivers:
Growing Number of Patients with Diabetes Around the World and Prevalence of High Blood Pressure and Cardiovascular Disease
Challenges:
Stiff Competition in Diabetic Nephropathy Market
Restraints:
Stringent Regulatory Guidelines on Diabetic Nephropathy Drugs and Devices
Opportunities:
Awareness about Kidney Related Problems, Surging Investment in Research and Development in Drug Discovery and Technological Advancements in Diabetic Nephropathy Devices and Treatments
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are Novartis International AG (Switzerland), Merck & Co., Inc. (United States), Pfizer Inc. (United States), Abbott Laboratories (United States), Vifor Pharma Group (Switzerland), Bayer AG (Germany), Sanofi S.A. (France), Mitsubishi Tanabe Pharma Corporation (Japan), Mesoblast Ltd (Australia), Eli Lilly and Company (United States), AbbVie Inc. (United States) and Reata Pharmaceuticals, Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Diabetic Nephropathy market by 2030. Considering Market by Treatment, the sub-segment i.e. Medication will boost the Diabetic Nephropathy market. Considering Market by Stages, the sub-segment i.e. Microalbuminuria (UAE >20 μg/min and ≤199 μg/min) will boost the Diabetic Nephropathy market. Considering Market by Tests, the sub-segment i.e. Blood Test will boost the Diabetic Nephropathy market.
Latest Market Insights:
On December 15, 2023, Kiromic, a developer of AI-powered kidney disease diagnostics, announced its acquisition by Veracyte, a global diagnostics leader. This acquisition strengthens Veracyte's offerings in early-stage kidney disease detection and potentially paves the way for personalized treatment approaches for diabetic nephropathy.
In July 2021, The FDA has approved Bayer's Kerendia (pinerenone) tablets to reduce the risk of hospitalization for kidney failure, renal failure, nonfatal heart attack, cardiovascular death, and heart failure in adults with chronic kidney disease associated with type 2 diabetes.
What Can be Explored with the Diabetic Nephropathy Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Diabetic Nephropathy Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Diabetic Nephropathy
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Diabetic Nephropathy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Diabetic Nephropathy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Diabetic Nephropathy Treatment Providers, Diabetic Nephropathy Diagnostic Device Manufacturers, Research and Development Institutes, Regulatory Bodies, Potential Investors, Hospitals, Industry Associations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.