The global market size of diabetic nephropathy was USD 1.9 billion in 2021. The global market size of diabetic nephropathy is forecast to reach USD 3.2 billion by 2030, growing at a compound annual growth rate (CAGR ) of 6% during the forecast period from 2022 to 2030.Request to download sample of this strategic report:-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1664
The most serious complication for patients with diabetes in terms of morbidity and mortality is diabetic nephropathy, a condition of the renal glomerulus. Microalbuminuria is the main feature of diabetic nephropathy. Patients with diabetes, whether type 1 or type 2, are susceptible to kidney problems that impair their kidneys’ typical ability to eliminate waste and extra fluid from the body. Diabetes that is not managed well over time can damage the groups of blood vessels in the kidneys that filter waste from the blood. High blood pressure and kidney damage can result from this.
Factors influencing market growth
The growing geriatric population and the increasing number of patients suffering from diabetes, chronic kidney disease, atherosclerosis and hypertension drive the global market.
The increasing prevalence of diabetes and obesity in different regions of the world drives the growth of the global market. The National Center for Biotechnology Information reports that 126 million people had diabetic kidney disease in 2010; by 2030, it is estimated to affect more than 191 million people.
Diabetes patients around the world are becoming more aware of early detection of diabetes, healthcare structures are improving and advanced technology is creating multiple treatment options for diabetics. Thus, these factors drive the growth of the global market.
The neglect of diabetic nephropathy and the limited availability of qualified professionals to treat it may slow down the overall growth of the market.
COVID-19 impact analysis
The COVID-19 outbreak had a negative impact on the global market. Numerous medical schools and hospitals have had to reorganize around the world to increase the number of beds available for COVID-19 patients. As patients with COVID-19 are given priority for treatment, the COVID-19 pandemic has had a negative effect on the diabetic kidney disease market. During the pandemic, drug discovery and development for diabetic kidney disease has slowed but not stopped.
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North America acquired leading revenue in 2021 and is expected to remain dominant over the projected period. As a result of the increase in the number of patient hospitalizations and the increase in chronic kidney diseases. In addition, the presence of well-established healthcare infrastructure and the growing awareness of diabetic nephropathy among diabetic patients.
The Asia-Pacific region is forecast to have the highest growth rate during the forecast period. As a result of the increasing number of cases of diabetic nephropathy, patients with chronic heart disease and increased prevalence of hypertension.
Major Prominent Companies Profiled in the Global Diabetic Nephropathy Market Are:
Eli Lilly and Company
Merck & Co
Other Prominent Players
Segmentation of the global diabetic nephropathy market focuses on drug class, type, distribution channel and region.
Segmentation based on drug class
Angiotensin Converting Enzyme Inhibitors
Angiotensin Receptor Blockers
Calcium Channel Blocker
Segmentation based on type
type 1 diabetes
Type 2 diabetes
Segmentation by Distribution Channel
Drugstores and Retail Pharmacy
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Targeting based on region
The United Kingdom
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa (MEA)
United Arab Emirates
Rest of MEA
Rest of South America
Purpose of the Report
This study aims to determine the market size of various segments and countries with forecast values for the next ten years.
Within the regions and countries studied, the report covers both qualitative and quantitative aspects of the industry.
It also provides detailed information on crucial aspects such as drivers and challenges that will influence future market growth.
The report will also include micromarket investment opportunities for interested parties. In addition, an in-depth analysis of the main players’ products and the competitive landscape.
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are your key strategies and policies?
— What factors will influence the market during the forecast period?
— What are the factors driving and constraining the market?
— What are the main competitors in the global market?
— Which region is growing at the fastest pace in the global market?
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