Arab & Middle East News
(ARABNEWSWIRE.COM, July 07, 2017 ) Middle East and Africa Renal Disease Therapeutics Market was worth $ xxx billion in 2016 and estimated to reach $ xxx billion by the end of 2021 with a CAGR of xxx %.
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Kidneys have numerous functions, such as filtering waste products from blood, regulating blood pressure, and maintenance of salts and minerals. When any form of damage to kidney occurs, they ultimately lose their vital function, which is fatal. Kidney damage/failure can be developed acutely (AKI) and over the time (CKD). Mostly three types of treatment are prevalent to cure the kidney failure, which are prescription medications, surgical intervention, dialysis (peritoneal dialysis, hemodialysis, and continuous renal replacement therapy), which are frequently used in combination to treat a single case of renal failure.
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Middle East and Africa Renal disease therapeutics market are driven by Growing aging population, increasing number of individuals with insurance due to the Affordable Care Act, Increasing Diabetic Population, growing awareness of both acute and chronic kidney disease, and growing demand for the advanced diagnostics and therapeutics for the disease. The factors that are hindering the growth of the market are disparities of Renal Transplant Therapy, expiring of patents of some of the branded drugs for the late stage CKD and changing reimbursement scenario in some of major countries, Negative Societal Effects.
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The Middle East and Africa Renal Disease Therapeutics market is segmented based on the Application, and treatment. Application mode is segmented into Kidney Stone Disease, End-Stage Kidney Disease, Kidney Failure, Chronic Kidney Disease, Hypertension, Diabetes, and Anaemia. The treatment segment is further categorized into Dialysis Equipment, Renal Denervation devices, Wearable artificial kidney device, and distal embolic protection devices. On the basis of geography, the Middle East and Africa Renal Disease Therapeutics market is analysed under various regions namely Middle East and Africa.
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Some of companies influencing the Middle East and Africa Renal disease therapeutics market are Amgen Inc., Merck & Co., Inc., Bristol-Myers Squibb Company, Hoffmann-La Roche Inc., Shire Inc., Fresenius Medical Care, Baxter International, Davita Healthcare Partners.
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