JERSEY CITY, N.J., Oct. 19, 2022 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled " By Target Indications (IgA Nephropathy, Membranous Nephropathy, Lupus Nephritis, C3 Glomerulopathy, Focal Segmental Glomerular Sclerosis, and Others), Type of Molecule (Small Molecules and Biologics (Hormone, Monoclonal Antibody, Recombinant Protein, and Others)), Route of Administration (Intravenous, Oral, Subcutaneous, and Others))- Market Outlook and Industry Analysis 2030" According to company's newest research, the global rare kidney diseases market is predicted to exhibit a promising CAGR of 16% between 2022 and 2030. Rare kidney diseases (RKD) encompass approximately 150 distinct conditions. In the United States (US) and Europe, the prevalence of rare kidney diseases is estimated to range between 60 and 80 per 100,000 cases/individuals. Approximately one-third of adults with diabetes and one-fifth of adults with hypertension may have kidney disease. Kidney diseases kill more people than breast and prostate cancers combined (NVS 2021 report of 2018 data). Kidney disease patients are five to ten times more probable to die prematurely than to develop kidney failure with replacement therapy (KFRT). It's important to note that after the COVID-19 pandemic started, it became even harder to treat people with rare kidney diseases. This is mainly because most current treatments for these conditions require patients to go to the hospital or medical center often. As a result, the death rate for sick people during the pandemic went up by 30%. This rise in death rates has forced people in the pharmaceutical industry to do the research they need to find new drugs that can effectively treat rare kidney diseases. Get a Demo Sample copy of the Report at https://www.insightaceanalytic.com/request-sample/1414
Several essential factors are driving the growth of the market for rare kidney diseases. The collaborative interactions among clinicians, patients, industry representatives, regulatory agents, and government agencies contribute to the expansion of the need for complex illnesses due to new advancements in diagnosis and treatment. In addition, the increased use of next-generation sequencing techniques is expected to improve diagnostic accuracy for rare kidney diseases, aid in elucidating molecular mechanisms of disease, facilitate genetic counselling, and provide opportunities for carrier testing. Renal replacement therapy advancements and increased accessibility enable patients to live longer lives at the expense of their quality of life. The market restraining factors include unresolved genetic defects, a lack of biomarkers to track disease progression, heterogeneous clinical phenotypes, and obsolete diagnostic classifications that do not reflect underlying pathophysiological mechanisms, which have hindered therapeutic advances in rare kidney diseases. Slow drug approvals and complex studies will also restrain the market's growth. North America will dominate and lead the global market for rare kidney diseases during the forecasted period as a result of its rapid clinical advancements and research into kidney disease treatments. The key market players are GlaxoSmithKline, Recordati Rare Diseases, Amicus Therapeutics, Calliditas Therapeutics, Alexion Pharmaceuticals (A subsidiary of AstraZeneca), Travere Therapeutics, Aurinia Pharmaceutical, Advicenne, Protalix Biotherapeutics, AstraZeneca, Chinook Therapeutics, Reata Pharmaceuticals, Roche, Novartis Pharmaceuticals, Merk & co., Apellis Pharmaceuticals, Omeros Corporation, Lonza, and Other Prominent Players. Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1414
Key Developments in The Market:
Target Indication, 2022-2030 (Value US$ Mn) Focal Segmental Glomerular Sclerosis
Type of Molecule, 2022-2030 (Value US$ Mn)
Region, 2022-2030 (Value US$ Mn)
Country, 2022-2030 (Value US$ Mn)
Country, 2022-2030 (Value US$ Mn)
Country, 2022-2030 (Value US$ Mn)
Country, 2022-2030 (Value US$ Mn)
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Rest of Middle East & Africa
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Other Related Reports Published by InsightAce Analytic:
Global Biosimilar Monoclonal Antibodies Market
Global Dialysis Equipment Market
Global Therapeutic Proteins and Oral Vaccines Market InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner. Site Visit: www.insightaceanalytic.com
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SOURCE InsightAce Analytics Pvt. Ltd.