hosphorus is an important element for normal physiologic functions such as bone construction, nerve function, and muscle contraction. About 85% of phosphorus is stored in the bones and different tissues in the body. The excess phosphorus is eliminated from the body by the urinary system. The normal phosphate level in the blood is 3-4 mg/dL. Electrolytic disturbance resulting in high levels of phosphate in the blood causes hyperphosphatemia. Individuals with chronic kidney diseases have a decreased glomerular filtration rate and increased serum phosphate levels. The high phosphate levels in the serum lower calcium levels because of phosphate precipitation by calcium ions, leading to calcification of vascular tissues and heart diseases. Aluminum-, calcium-, magnesium-, and iron-based and aluminum-free, calcium-free phosphate binders are used to treat the condition.
The global Hyperphosphatemia Drugs market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Hyperphosphatemia Drugs market based on company, product type, end user and key regions.
Global Market Outline: Hyperphosphatemia Drugs Market
Major factors driving the market include rise in prevalence of chronic diseases, high unmet medical needs, increase in the number of people undergoing dialysis, large geriatric population, and surge in public awareness worldwide. Diabetes and hypertension are the main causes of renal failure, which leads to hyperphosphatemia. However, stringent regulations by regulatory bodies such as the Food and Drug Administration (FDA), non-adherence to treatment regimens, and rise in side effects of hyperphosphatemia drugs are likely to inhibit the market. According to FDA use of hyperphosphatemia drugs for the treatment of high or low phosphorus levels in the human body is neither safe nor effective. High growth potential in untapped economies, such as India, China, South Africa, and Brazil, is expected to create lucrative opportunities for key players. Rise in geriatric population and increase in cases of osteoporosis in Asia Pacific is anticipated to drive the market. Osteoporosis is often undertreated and underdiagnosed, which is driving the hyperphosphatemia drugs market in Asia Pacific. The available calcium, lanthanum, sevelamer, and iron-based drugs for treating hyperphosphatemia are associated with certain side effects. The long-term use of calcium-based drugs such as calcium carbonate and calcium acetate can cause vascular calcification.
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The key players covered in this study
In this study, the years considered to estimate the market size of Hyperphosphatemia Drugs are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2019
Forecast Year 2019 to 2025
Latest update on Hyperphosphatemia Drugs Market
In terms of the technology used in the healthcare sector, home-based care provision is likely to become a highly important part of the healthcare sector in the coming years, with increasing advancements in the telehealth sector serving to enable widespread accessibility to advanced healthcare services even in rural regions lacking in terms of major hospitals and healthcare providers. An increasing number of countries are likely to focus on improving telehealth systems as a key facet of improving the healthcare sector, as this allows more widespread distribution of healthcare services. Emerging countries such as China, India, Brazil, Mexico, and Indonesia are likely to be leading players in the telehealth market over the coming years, as the high population and large territory of these countries have become problematic, as there are not enough major hospitals to serve the growing population.
Market segment by Type, the product can be split into
Aluminum Phosphate Binder
Iron Phosphate Binder
Magnesium Phosphate Binder
Calcium Phosphate Binder
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The global healthcare sector is expected to exhibit robust growth over the coming years due to the rapid progress in medical device technology and the growing demand for effective diagnostic technology that can deliver rapid results. The healthcare sector has become a major investment channel for private investors in recent years, as the growing commercial potential of the healthcare sector has invited significant investment. Government bodies have also prioritized the healthcare sector for major allocation of the overall budget in order to increase the affordability and availability of healthcare services for their population. This has been a major driver for the healthcare sector in recent years and is likely to remain a key agent for growth in the market as the global population grows, resulting in an increasing incidence of various healthcare concerns. The growing global population is likely to further drive government intervention in the healthcare sector in the coming years, leading to steady growth of the sector in developed as well as developing economies.
The study objectives of this report are:
To study and analyze the global Hyperphosphatemia Drugs market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Hyperphosphatemia Drugs market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hyperphosphatemia Drugs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hyperphosphatemia Drugs with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Hyperphosphatemia Drugs submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
9 Southeast Asia
11 Central & South America
12 International Players Profiles
13 Market Forecast 2018-2025
14 Analyst’s Viewpoints/Conclusions
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