The Hyperphosphatemia Treatment Market Is Expected To Reach $5.5 Billion By 2026 Due To Increasing Cases Of Chronic Diseases As Per The Business Research Company’s Hyperphosphatemia Treatment Global Market Report 2022

LONDON, 19th May, 2022 (Globe Newswire) — Increasing chronic diseases among patients are driving the growth of the hyperphosphatemia treatment market, according to a business research company’s research report on the hyperphosphatemia treatment market. Chronic diseases are non-communicable and require long-term care. A vast majority of chronic diseases can be classified as cardiovascular diseases, chronic kidney disease, chronic respiratory conditions, hyperparathyroidism, diabetes and cancer. According to the World Health Organization (WHO), the prevalence of chronic disease is projected to increase by 57% by the year 2020. According to the United States Renal Data System, they estimate that there are more than 300,000 patients with end-stage kidney disease. United States. Patients with end-stage renal disease (ESRD) have increased hyperphosphatemia, thus contributing to increased hyperphosphatemia seeking treatment or drugs.

Demand for global samples hyperphosphatemia treatment market report

The size of the global hyperphosphatemia treatment market is expected to grow by From $3.22 billion in 2021 to $3.57 billion in 2022 at a compound annual growth rate (CAGR) 10.7%. Global hyperphosphatemia treatment market share is expected to grow $5.5 billion in 2026 on one 11.5% CAGR.

Increasing research and development activities are a major trend in the hyperphosphatemia treatment market. In hyperphosphatemia treatment, the company is focusing on R&D activities for the development of innovative therapies for the treatment of kidney diseases and related chronic conditions. For example, in May 2021, Shanghai-based biopharmaceutical company Aleband Pharmaceuticals raised $60 million in a Series B round to accelerate its development activities of innovative drugs and solutions for the treatment of kidney diseases, including hyperphosphatemia.

The major players in the hyperphosphatemia treatment market are Sanofi, Takeda Pharmaceutical Co. Ltd., Astellas Pharma Inc., Akebia Therapeutics, Inc., Vifor Pharma Management Ltd., Lupine Ltd., Ardelix, Inc., Unissive Therapeutics, Inc., Carex Biopharmaceuticals, Xyria. Pharmaceutical, Fresenius Medical Care, Shire, Ultragenex Pharmaceutical, Inc., Sun Pharmaceutical Industries, Ltd., Akebia Therapeutics, Inc., and AMAG Pharmaceuticals, Inc.

The global hyperphosphatemia treatment market analysis report is segmented by product into sevelamer, calcium-based phosphate binders, iron-based phosphate binders, lanthanum carbonate, among others; By distribution channel in hospital pharmacy, retail pharmacy, online store.

North America Was largest area In the hyperphosphatemia treatment market in 2021. Asia Pacific is expected to be fastest growing sector in the global hyperphosphatemia treatment market during the forecast period. area involved Global Hyperphosphatemia Treatment Market Outlook Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Hyperphosphatemia Treatment Global Market Report 2022 – Market Size, Trends, and Global Forecast 2022-2026 is a series of new reports from The Business Research Company that provides Hyperphosphatemia Treatment Market overview, analysis and forecast of market size and growth for the entire market does. Hyperphosphatemia Treatment Market Segment and Geographic, Hyperphosphatemia Treatment Market Trends, Hyperphosphatemia Treatment Market Drivers, Hyperphosphatemia Treatment Market Restrictions, Hyperphosphatemia Treatment Market Leading Competitors Revenue, Profile and Market Share in over 1,000 industry reports, over 2,500 market segments and 60 geographies covers areas.

The report also gives an in-depth analysis of the impact of COVID-19 on the market. The report is based on exclusive insights from 150,000 datasets, extensive secondary research and interviews with industry leaders. A highly experienced and expert team of analysts and modelers provide market analysis and forecasting. The report identifies top countries and regions for opportunities and strategies based on market trends and the outlook of major competitors.

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