, July 07, 2017 ) North America Renal Disease Therapeutics Market
was worth $ xxx billion in 2016 and estimated to reach $ xxx billion by the end of 2021 with a CAGR of xxx %. North America is projected to show the highest share in the market owing to increasing incidence of renal failure and increasing awareness about the renal diseases.
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Kidneys monitor the amount of body fluid, concentrations of electrolytes like potassium and sodium, and the acid-base balance of the body. They filter waste products from blood, like uric acid - DNA breakdown and urea - protein metabolism. The diagnosis of kidney damage is usually made by blood tests measuring creatinine, BUN, and GFR. Some of the causes of renal disease include deposition of antibodies like IgA in the glomerulus, xanthine oxidase deficiency, administration of analgesics, and long-term exposure to lead or its salts.
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North America Renal Disease Therapeutics Market is mainly driven by increasing aging population, growing awareness of both acute and chronic kidney disease, and increasing number of individuals with insurance due to the Affordable Care Act, Increasing Diabetic Population, and growing demand for the advanced diagnostics and therapeutics for the disease. Disparities of Renal Transplant Therapy, expiring of patents of some of the branded drugs for the late stage CKD and changing reimbursement scenario in some of major countries, Negative Societal Effects are the factors challenging the growth of the market.
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The North America Renal Disease Therapeutics market is segmented based on the Application, and treatment. Application mode is segmented into Kidney Stone Disease, End-Stage Kidney Disease, Kidney Failure, Chronic Kidney Disease, Hypertension, Diabetes, and Anaemia. The treatment segment is further categorized into Dialysis Equipment, Renal Denervation devices, Wearable artificial kidney device, and distal embolic protection devices. On the basis of geography, the North America Renal Disease Therapeutics market is analysed under various regions namely U.S, Canada.
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Some of the key players in this market are Amgen Inc., Merck & Co., Inc., Bristol-Myers Squibb Company, Hoffmann-La Roche Inc., Shire Inc., Fresenius Medical Care, Baxter International, Davita Healthcare Partners.
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