google-site-verification=5mXTZs0RdDCeTpcCGBeUc2HF9uNdM1rSAr9sRldwfdY Increasing Prevalence of Chronic Kidney Disorders to Augment the Hyperphosphatemia Drugs Market Growth ~ CMI Blog Absolutes

Increasing Prevalence of Chronic Kidney Disorders to Augment the Hyperphosphatemia Drugs Market Growth

 


Hyperphosphatemia is a condition caused by high levels of phosphorous or phosphate in the blood. This condition may be due to decreased emission of phosphate, excessive intake of phosphate, and the shift of phosphate from intracellular to extracellular. High phosphate levels in the blood can be avoided with the use of phosphate binders or by dietary restrictions. Phosphate is a chemical found in the human body and contains a mineral called phosphorous. It is important for the development of bones and teeth and also converts food into energy for the body. Some other possible causes of hyperphosphatemia include low levels of parathyroid hormone, high levels of vitamin D, uncontrolled diabetes, and diabetic ketoacidosis.

The factors such as the growing geriatric population and increasing prevalence of chronic diseases worldwide are expected to drive the hyperphosphatemia drugs market in the coming future. Hyperphosphatemia is a primary cause of mortality and morbidity in people with chronic kidney disease. According to the Centers for Disease Control and Prevention (CDC), around 37 million adults in the United States are likely to have chronic kidney disease and most are undiagnosed. It is rare in the general population, but in people with chronic kidney disease, the rate of hyperphosphatemia is at least 70%. Since the increased risk of death from heart disease and hyperphosphatemia are associated with each other. This, in turn, increases the risk of heart disease in people suffering from hyperphosphatemia.

Moreover, high growth potential in untapped economies such as Brazil, South Africa, China, and India is expected to create robust growth opportunities for key players involved in the market. However, side effects associated with hyperphosphatemia drugs, non-adherence to treatment regimens, and stringent rules/regulations by regulatory bodies are expected to impede the market growth. For instance, in the human body, the use of hyperphosphatemia drugs for the treatment of low or high levels of phosphorus is neither safe nor effective, according to the Food and Drug Administration (FDA).

In terms of geography, the hyperphosphatemia drugs market is divided into six regions, such as North America, South America, Asia Pacific, Europe, the Middle East, and Africa. Increasing launches and approval of novel drugs are expected to propel the growth of the hyperphosphatemia drugs market. For instance, in September 2020, Ardelyx announced that FDA has accepted its new drug application of tenapanor for the control of serum phosphorus in adults with chronic kidney disease on dialysis. Moreover, key players in the market are investing in research and development activities for the development of novel drugs to treat hyperphosphatemia. For instance, in September 2019, Ardelyx reported positive results from the Phase III AMPLIFY study evaluating Tenapanor in Dialysis Patients.

 

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