About Kidney Fibrosis Treatment
Kidney fibrosis refers to the direct consequence of the kidney's limited capacity to regenerate after injury which results in the formation of excess fibrous connective tissue in the organ in a repetitive way. Increasing prevalence of kidney disorder driving the demand for kidney fibrosis treatment market. For instance, according to Centers for Disease Control and Prevention, kidney disease is the ninth leading cause of death in the United States and Over 30 million people adults in the United States are estimated to have a chronic kidney disorder and most of them are undiagnosed. Further, according to the NHS Blood and Transplant, as of 31st March 2018, 3,272 adult kidney transplants performed in the United Kingdom only. Further, emphasizing on the new clinical trials and treatments for kidney disorders expected to drive the demand for kidney fibrosis treatment over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Kidney Fibrosis Treatment 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.
Merck & Co. (United States), Pfizer Inc. (United States), F. Hoffman-La Roche Ltd. (Switzerland), InterMune Inc. (United States), Galectin Therapeutics (United States), La Jolla Pharmaceutical Company (United States), ProMetic Life-Sciences Inc. (Canada) and BioLine Rx Ltd. (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Genzyme Corporation (United States) and ProMetic Life Sciences Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Kidney Fibrosis Treatment market by and Region.
On the basis of geography, the market of Kidney Fibrosis Treatment 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 Therapeutics, the sub-segment i.e. Angiotensin Converting Enzyme (ACE) Inhibitors will boost the Kidney Fibrosis Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Clinics will boost the Kidney Fibrosis Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emphasizing On New Clinical Trials and Treatments for Kidney Disorders
Market Growth Drivers:
Increasing Geriatric Population and Increasing Number of Patients with Kidney Disorders
Challenges:
Lack of Awareness in the Emerging Countries
Restraints:
Stringent Government Regulations Regarding Kidney Fibrosis Therapeutics and High Cost Associated With Kidney Fibrosis Treatment
Opportunities:
Growing Healthcare Infrastructure in the Developing Economies and Changing Food Habits and Lifestyle Leading to Rising Prevalence of Chronic Disorders
Market Leaders and their expansionary development strategies
In July 2022, Grupo Olmos which is a provider of renal care solutions, declared that the company had acquired renal care business of Diaverum, a renal healthcare provider, that operates in Argentina. This acquisition will strengthen the renal product portfolio of the company.
23rd April 2019, The Kansas legislation is modeled after The Living Donor Protection Act [H.R. 1224 and S. 511] championed by National Kidney Foundation (NKF) and introduced in February in the United States. Kansas has become the seventh state in the country after Maine, Oklahoma, New York Idaho, Maryland, and Arkansas to pass legislation that would protect living organ donors from life insurance discrimination solely based upon their status as donors.
“The legal framework governing organ donation in the United States is built on principles uniquely designed to support the system of transplantation. The primary law governing organ donation in the United States is the Uniform Anatomical Gift Act (UAGA). The UAGA establishes gift law as the central legal principle in the United States opt-in system of organ donation. A gift—in legal terms—is the legally binding voluntary transfer of something from the donor to the donee without payment. Gift law requires three basic elements: donative intent, transfer, and acceptance.”
Key Target Audience
Kidney Fibrosis Therapeutics Providers, Healthcare Institutes, Government Associations, Research Organizations, Market Research Firms 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.