PUBLISHER: GlobalData | PRODUCT CODE: 1089626
PUBLISHER: GlobalData | PRODUCT CODE: 1089626
Chronic Kidney Disease (CKD) is a chronic condition in which patients suffer from an irreversible and progressive loss in renal function over many months or years, ultimately resulting in end-stage renal disease and the requirement for renal replacement therapy. CKD manifests when both kidneys are damaged sufficiently to hinder the removal of metabolic products from the body and the ability to provide mineral balance. The Centers for Disease Control and Prevention states that approximately 96% of people with kidney damage or mild to moderate reduced kidney function are oblivious to having CKD.
The global CKD market 2021 sales is estimated at approximately $1.3 billion across the 7MM, encompassing the US, the five major European countries (5EU: France, Germany, Italy, Spain, and UK), and Japan. By 2031, GlobalData expects the overall market to grow at a moderate compound annual growth rate (CAGR) of 17.8% to reach sales of $4.5 billion over the 10-year period. Sales figures were forecast for both branded and generic drugs, from 2021 base year to 2031. The total market size for the 7MM (the "global market") in 2021 was $1.3 billion. GlobalData expects that the total CKD drug market will grow at a Compound Annual Growth Rate (CAGR) of 17.8% over the 10-year forecast period, resulting in a market value of $4.5 billion by 2030.
Over the 10-year forecast period, the CKD market is expected to grow at a compound annual growth rate (CAGR) of 17.8%, reaching around $4.5 billion in 2030. The major driver for this growth will be the increased use of drugs from different classes in combination with each other, which will lead to increased treatment costs. According to KOLs, combination therapy will become a mainstay in CKD treatment during the forecast period. This, in turn, will be the major driver of the market, despite the patent expirations of most currently marketed drugs and generic erosion.
Overall, the greatest unmet need in the CKD space is for novel drugs with curative or disease-stabilizing properties. The currently available drugs work in delaying disease progression. However, there is no marketed drug that addresses the underlying disease mechanism.
Despite the existence of numerous well-established treatment options in the CKD space, a few-yet significant-unmet needs remain.
Which unmet needs are the most pressing in the 7MM?
Where should pharmaceutical companies focus drug development efforts in order to become a significant player in the space?
The CKD market hasn't seen many novel drug launches, though, clinical development activity has picked up.
What are the most promising late-stage candidates and how much they expected to generate over the forecast period?
What do KOLs say about their clinical and commercial positioning?
Although there is currently no cure for CKD small companies are developing drugs to target new pathways .
Which have been historically the companies leading the way?
What new companies are emerging in the space?
The report will enable you to -