Acute Kidney Injury Treatment Market: Introduction
Transparency Market Research (TMR) has recently published a new report on the global acute kidney injury treatment market. The report gives complete information on the acute kidney injury treatment market, and elaborates on the significant factors that are influencing the growth of the acute kidney injury treatment market during the period of 2019 to 2027. Special focus has been given to drivers, restraints, opportunities, and threats (DROTs) to research on the acute kidney injury treatment market with a holistic view. Moreover, emphasis has been put on the demand side as well as the supply side, as both are equally responsible for the growth of the acute kidney injury treatment market.
The changing dynamics in the healthcare sector across the globe, especially when treatment is provided for kidney injury, has encouraged researchers to amalgamate information in a systematic manner. This will help key players operating in the acute kidney injury treatment market to take well-analyzed and systematic decisions in the near future. The presentation of information has been done in a systematic form, which includes theory and statistics. Acute kidney injury treatment market growth has been presented, both, in terms of value and volume, as per requirement.
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Acute Kidney Injury (AKI) Treatment Market: Number of Candidate Drugs Increasing
Increasing geriatric population, susceptible to acute kidney injury (AKI), has created pressure on researchers and scientists to develop appropriate treatment and therapeutics. Currently, there are around 40 candidate drugs, meant for acute kidney injury treatment, and most of them are in their final stage of approval. The increasing patient pool is another factor that makes the acute kidney injury treatment market a highly lucrative proposition. Considering the evolutions in this landscape, and the possibilities of substantial opportunities, Transparency Market Research, in its new study, offers a 360 degree analysis on the key factors likely to influence market growth.
Evolution of Acute Kidney Injury (AKI) Treatment
Acute kidney injury, formerly known as acute renal failure, emerged as a prominent disease after the Second World War. Since then, more emphasis has been laid on the types of therapeutics that need to be developed that can effectively treat this ailment. Alkaline phosphatase, gemigliptin, and QPI002 are few therapeutics that are under clinical trial for treating AKI. As research on acute kidney injury gains momentum, new opportunities are likely to emerge. Influenced by a host of multi-pronged factors, the market for acute kidney injury treatment is likely to surpass a valuation of US$ 2.5 billion by the end of 2027.
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Global Acute Kidney Injury Treatment Market: Regional Scenario
- Geographically, the global acute kidney injury treatment market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to be a key region in the global acute kidney injury treatment market, and account for a prominent share of the global acute kidney injury treatment market.
- North America
- The acute kidney injury treatment market in the North America is primarily driven by an increase in the patient population, high incidences and prevalence of chronic diseases, and rising research and development, along with a rise in the number of dialysis centers.
- Europe
- The acute kidney injury treatment market in Europe is likely to grow at a significant CAGR from 2019 to 2027. Strong ongoing clinical pipeline, presence of key players in the acute kidney injury treatment market in countries such as the Germany, and increase in the number of critical care admissions are expected to boost the growth of the acute kidney injury treatment market in this region.
- Asia Pacific
- The acute kidney injury treatment market in Asia Pacific is expected to witness high growth during the forecast period. Rapid growth rate in this region is expected due to the presence of a large base of the geriatric population, governmental initiatives taken to improve the healthcare sector, growth in research and development activities, and increasing patient population with acute kidney injuries in the region.
Global Acute Kidney Injury Treatment Market: Major Players
- Rising approvals from government bodies, strong sales and distribution networks, increasing number of technological advancements, rising number of acquisitions and mergers, and increasing research and development are the key trends in the global acute kidney injury treatment market.
Key players operating in global acute kidney injury treatment market and profiled in this report are Angion Biomedica Corp., AM-Pharma, Quark Pharmaceuticals, Inc., Baxter International, Inc., Fresenius Medical Care AG & Co. KGaA., B. Braun Melsungen AG, Asahi Kasei Medical Co., Ltd., and LG Chem.
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