Key Insights into the Focal Segmental Glomerulosclerosis Drugs Market’s Growth Opportunities for 2024-2033
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What is the Expected Growth Rate of the Focal Segmental Glomerulosclerosis Drugs Market from 2024 to 2033?
The focal segmental glomerulosclerosis drugs market size has grown strongly, increasing from $14.43 billion in 2023 to $15.77 billion in 2024, at a CAGR of 9.3%. The growth is driven by increasing disease prevalence, a demand for new treatments, greater interest from the pharmaceutical sector, and increased government support.
The focal segmental glomerulosclerosis drugs market is expected to grow strongly, reaching $22.41 billion by 2028, with a CAGR of 9.2%. The market growth is attributed to increased R&D expenditure, rising healthcare spending, better awareness and diagnosis, an aging population, and government initiatives. Trends include advancements in drug discovery, expanding clinical trial pipelines, and improved reimbursement for treatments.
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What Key Factors Are Fueling the Growth of the Focal Segmental Glomerulosclerosis Drugs Market?
The increasing prevalence of kidney infections is set to boost the growth of the focal segmental glomerulosclerosis (FSGS) drugs market. Kidney infections, or pyelonephritis, are severe urinary tract infections affecting one or both kidneys. FSGS drugs help manage kidney diseases by improving kidney function, reducing proteinuria, and slowing kidney damage progression. The Centers for Disease Control and Prevention reported in July 2022 that 15% of Americans, or 37 million people, are affected by kidney disease, with the prevalence higher in individuals aged 45-64. The rise in kidney infections is propelling the growth of the FSGS drugs market.
What Are the Major Segments of the Focal Segmental Glomerulosclerosis Drugs Market?
1) By Type: Losmapimod, SHP-627, Sparsentan, TM-5484, Other Types
2) By Treatment: Corticosteroids, Immunosuppressive Drugs, Angiotensin Converting Enzymes (ACE) Inhibitors, A.R. Blockers, Diuretics, Other Treatments
3) By Route of Administration: Oral, Parenteral
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
What New Trends Are Transforming the Focal Segmental Glomerulosclerosis Drugs Market?
Companies in the focal segmental glomerulosclerosis (FSGS) market are concentrating on product innovation to strengthen their market position. In February 2023, Travere Therapeutics launched FILSPARI, an FDA-approved oral medication for treating IgA nephropathy (IgAN), a rare kidney disease. It is the first non-immunosuppressive treatment for lowering proteinuria in IgAN and FSGS and has received orphan drug designation in both the US and Europe.
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Which Regions Are Driving Growth in the Focal Segmental Glomerulosclerosis Drugs Market?
North America was the largest region in the eye melanoma market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eye melanoma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Focal Segmental Glomerulosclerosis Drugs Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the focal segmental glomerulosclerosis drugs market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Focal Segmental Glomerulosclerosis Drugs Market Include
1. Focal Segmental Glomerulosclerosis Drugs Market Executive Summary
2. Focal Segmental Glomerulosclerosis Drugs Market Segments
3. Focal Segmental Glomerulosclerosis Drugs Market Size And Template Market Growth Rate
4. Key Focal Segmental Glomerulosclerosis Drugs Market Trends
5. Major Focal Segmental Glomerulosclerosis Drugs Market Drivers
……
25. Key Mergers And Acquisitions In The Focal Segmental Glomerulosclerosis Drugs Market
26. Top Focal Segmental Glomerulosclerosis Drugs Companies
27. Focal Segmental Glomerulosclerosis Drugs Market Opportunities And Strategies
28. Focal Segmental Glomerulosclerosis Drugs Market, Conclusions And Recommendations
29. Appendix
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