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2021
Nephrology Drugs Market

Nephrology Drugs Market

by Drug Class (ACE Inhibitors, Calcium Channel Blocker, Beta Blockers, Diuretics, Erythropoiesis-stimulating Agent, and Others), Route of Administration (Oral, Parenteral, and Others), and Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A13396
Pages: 267
Dec 2021 | 1561 Views
Author(s) : Apoorva Srivastava, Ajinkya Alhat , Onkar Sumant
Tables: 120
Charts: 42
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Nephrology Drugs Market Overview:

The global nephrology drugs market was valued at $14,501.75 million in 2020, and is projected to reach $23,405.42 million by 2030, registering a CAGR of 5.0% from 2021 to 2030. Factors such as increase in kidney failure cases, rise in adaptation of unhealthy lifestyle, surge in prevalence of chronic nephrology diseases, rise in geriatric population, increase in demand for diagnostic tests, surge in excessive alcohol consumption, and rise in obese population drive the growth of the nephrology drugs.

COVID-19 cases involve the kidneys, and acute kidney diseases have an incidence of 50% in hospitalized COVID-19 patients.

Emerging technology in developing countries, increase in demand for targeted & immunotherapies, development in diagnosis & renal treatment, rise in R&D activities to improve drugs & launch of novel drugs, and joint ventures & agreement between key market players boost the growth of the nephrology drugs market. However, high treatment costs and lack of awareness about kidney disorders hinder the growth of the market. On the contrary, government initiatives for regulatory approvals and favorable insurance policies are expected to offer lucrative opportunities for market expansion.

Global-Nephrology-Drugs-Market

Nephron is a major part of the kidney that plays an important role of filtration of blood. Diabetes and hypertension both affect the nephron functions and have the potential to damage nephrons. Furthermore, this affects the filtration rate of nephrons. Chronic kidney disorders such as kidney stones, kidney failure, and kidney cancer are treated with Nephrology drugs. Such disorders gradually deteriorate the functioning of the kidney. Invokana, Phoslo, Renvela, Sensipar, and Procrit are some examples of drugs used in the treatment of nephrology.

Nephrology Drugs Market
By Drug Class

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ACE inhibitors segment dominated the market in 2020 and would continue to maintain the lead over the forecast period.

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The outbreak of COVID-19 has disrupted workflows in the healthcare sector across the world. The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of healthcare. The overall impact of the COVID-19 pandemic remained negative for key players in the nephrology drugs industry. The COVID-19 pandemic has stressed healthcare system in the world.  COVID-19 has caused clinical trial delays for nephrology drugs and has also resulted in low usage of these drugs. Due to worldwide lockdowns, production has been halted which is causing supply chain issues. The COVID-19 pandemic is a major inhibitor for the growth of nephrology drug trials during the period. The coronavirus outbreak is disrupting clinical research across the globe and has affected the management of ongoing trials and planning of future trials. However, market players and research institutes are focusing on initiating clinical trials associated with COVID-19 to understand the effects of chronic kidney disease treatment drugs on patients suffering with COVID-19. Therefore, the COVID-19 pandemic is expected to significantly have a positive impact on the growth of the global next-generation sequencing informatics market.

Nephrology Drugs Market Segmentation

The nephrology drugs market is segmented on the basis of drug class, route of administration, distribution channel, and region. By drug class, the market is classified into ACE inhibitors, calcium channel blocker, beta blockers, diuretics, erythropoiesis- stimulating agent, and others. The route of administration segment is further classified based on oral, parenteral, and others. The distribution channel segment is segmented into hospitals pharmacies, retail pharmacies, and online pharmacies. By region, the nephrology drugs market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Nephrology Drugs Market
By Route Of Administration

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Oral segment held a dominant position in 2020.

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Segment Review

By drug class, the ACE inhibitors segment currently dominates the global nephrology drugs market, and is expected to continue during the forecast period owing to the rise in the prevalence of various cardiovascular and hypertension conditions and changing lifestyles.

By route of administration, the oral segment dominated the global nephrology drugs market in 2020. This is attributed to key players focusing on novel drugs launches. 

By distribution channel, the retail pharmacy segment dominated the global nephrology drugs market in 2020, and is anticipated to developments in the medical infrastructure and rise in public healthcare expenditure. 

Nephrology Drugs Market
By Distribution Channel

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Retail Pharmacy segment held a dominant position in 2020.

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Region Segment Review

Region wise, North America dominated the market in 2020, owing to awareness regarding the chronic kidney diseases in the region. However, Asia-Pacific is expected to increasing accessibility to healthcare facilities and treatments in the region, rising rate of kidney diseases, growing investment from public and private sectors for drug manufacturing, and the entrance of global players in this region.

The key players in this market have adopted business expansion as one of their key developmental strategies such as product launches and collaboration. The major companies profiled in this report include AstraZeneca, AbbVie Inc., Akebia Therapeutics, Inc., Amgen Inc., F. Hoffmann-La Roche, FibroGen Inc., GlaxoSmithkline PLC., Johnson & Johnson Inc., Pfizer Inc., and Teva Pharmaceutical Industries Limited.

Nephrology Drugs Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia- Pacific region would exhibit the fastest CAGR of 7.7% during the forecast period.

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global nephrology drugs market along with the current trends and future estimations to explain the imminent investment pockets.
  • A comprehensive analysis of the factors that drive and restrict the nephrology drugs market growth is provided in the report.
  • Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing nephrology drugs market opportunities.
  • Extensive analysis of the key segments of the industry helps to understand the application and products of nephrology drugs used across the globe.
  • Key market players and their strategies have been analyzed to understand the competitive outlook of the nephrology drugs market.

Nephrology Drugs Market Report Highlights

Aspects Details
By Drug Class
  • ACE Inhibitors
  • Calcium Channel Blocker
  • Beta Blockers
  • Diuretics
  • Others
By Route of Administration
  • Oral
  • Parenteral
  • Others
By Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
LIST OF KEY PLAYERS PROFILED IN THE STUDY:
  • AstraZeneca
  • Pfizer Inc.
  • Amgen Inc.
  • FibroGen Inc.
  • GlaxoSmithkline Plc.
  • AbbVie Inc.
  • Akebia Therapeutics, Inc.
  • Teva Pharmaceutical Industries,
  • Johnson & Johnson Inc.
  • F. Hoffmann-La Roche.
 

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This section provides various opinions of the top-level CXOs in nephrology drugs market. In accordance to several interviews conducted, the utilization of such medicines is projected to witness a significant rise with growth in number of diabetic and hypertension patients across the globe. It is expected to witness high demand for the drugs, owing to rise in cases of chronic kidney disorders such as kidney stones, kidney failure, and kidney cancer. The kidney disorder treatments are getting better and more advanced than its predecessors, owing to rising activities in the R&D segments of the key players. The nephrology drugs market has gained momentum in the research, innovation, and development sectors, owing to surge in the number of cardiovascular diseases and diabetes across the globe, significant technological advancements, and surge in the product launches, business expansions & FDA approvals among nephrology product manufacturing companies and other organizations. In addition, rise in awareness regarding the chronic kidney diseases treatments and its advantages supplement the market growth. North America is expected to present lucrative growth opportunities to the key players in the industry.

According to the perspectives of CXOs of leading companies in the market, the demand of chronic kidney diseases has increased significantly due to rising cases of patients. Moreover, the introduction of novel drugs and improvements in the existing products are propelling the market growth. However, inclination of generic drugs are proving a big challenge for the global market. According to the CXOs, the utilization of nephrology drugs is higher in Retail pharmacies as compared to other distribution channels. In addition, nephrology drug manufacturers, developers, and distributors have focused on expanding their presence in emerging economies to expand their market outreach.

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FREQUENTLY ASKED QUESTIONS?

A. Nephrology drugs are also called renal drugs, and are medicines related to the kidney care. These drugs are often related with blood pressure and hypertension.

A. The total market value of Global Nephrology Drugs Market is $14,501.75 million in 2020.

A. The forcast period for Global Nephrology Drugs Market is 2021 to 2030.

A. The market value of Global Nephrology Drugs Market in 2030 is $23,405.42 million.

A. AstraZeneca, Pfizer Inc., Amgen Inc., FibroGen Inc., GlaxoSmithkline plc. held a high market postion owing to the strong geographical foothold in different regions.

A. Oral segment dominates the global market, owing to key players focusing on novel drugs launches.

A. The major factor for the growth of Global Nephrology Drugs Market are increasing incidence of chronic kidney diseases, technological Advancements in developing countries, and rising investment by key players.

A. Owing to rise in the geriatic population in the market. Furthermore, increasing number if chronic kidney diseases and change in the lifestyles to sedentary lifestyles.

A. The base year is 2020 in Global Nephrology Drugs Market.

A. Nephrology Drugs are used for treatment of acute and chronic kidney problems and diseases, blood pressure and hypertension.

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