The Diuretic Drugs Market is being driven by Increasing incidence of hypertension among people
The Diuretic Drugs Market is expected to grow at a CAGR of 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 78 million. The global prevalence of chronic kidney disease (CKD) has witnessed a notable increase due to rising cases of diabetes, hypertension, heart disease, and familial predisposition. Approximately 10% of the worldwide population, equating to millions of individuals, are afflicted by CKD, with many succumbing to the condition due to lack of affordable treatment options. In the US alone, 15% or 37 million adults are estimated to have kidney disease. The high prevalence of edema resulting from CKD significantly contributes to the market expansion of diuretic drugs during the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
137 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2024-2028 |
USD 78 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
4.23 |
Key countries |
US, Denmark, China, Canada, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Diuretic Drugs Market encompasses various aspects of renal function, including Glomerular Filtration Rate (GFR), electrolyte monitoring, and blood pressure control. These drugs play a crucial role in cardiovascular health, particularly for those with renal disease. However, challenges such as drug resistance, metabolism, and elimination require advanced clinical pharmacology and drug safety monitoring. Patient education, adherence, and health literacy are essential for effective use. Healthcare access, equity, and disparities impact market trends, along with public health initiatives for disease prevention and lifestyle interventions. Pharmaceutical marketing, brand awareness, and promotional strategies influence consumer behavior, while clinical outcomes, cost-benefit analysis, and healthcare policy shape drug reimbursement policies and industry consolidation. Intellectual property, patent protection, and generic competition also influence market dynamics. The biopharmaceutical and pharmaceutical industries continue to innovate, focusing on sustainable healthcare and precision medicine.
The diuretic drugs market is a significant segment of the global pharmaceuticals industry, encompassing loop diuretics, thiazide diuretics, potassium-sparing diuretics, osmotic diuretics, and carbonic anhydrase inhibitors. These drugs are essential in managing conditions such as heart failure, fluid retention, and renal failure, including congestive heart failure. The global pharmaceuticals market, which includes manufacturers and providers of equipment, supplies, pharmaceuticals, biotechnology, and life sciences tools and services, is projected to experience substantial growth. Key growth drivers include the increasing global population aging, with the proportion of individuals over 60 years old in the US and Europe predicted to reach approximately 25% and 23%, respectively, by 2050 and 2030, respectively. This demographic shift will lead to a higher prevalence of age-related health conditions, boosting the demand for diuretic drugs and other pharmaceutical solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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