Hyperkalemia Treatment Market Overview
As per MRFR analysis, the Hyperkalemia Treatment Market Size was estimated at 12.99 (USD Billion) in 2022.The Hyperkalemia Treatment Market Industry is expected to grow from 1.56(USD Billion) in 2023 to 2.64 (USD Billion) by 2032. The Hyperkalemia Treatment Market CAGR (growth rate) is expected to be around 6.07% during the forecast period (2024 - 2032).
Key Hyperkalemia Treatment Market Trends Highlighted
The global hyperkalemia treatment market is expected to witness significant growth in the coming years, driven by rising prevalence of chronic kidney disease, diabetes and the use of renin-angiotensin-aldosterone system (RAAS) inhibitors. The increasing demand for safe and effective treatments for hyperkalemia is expected to create growth opportunities for pharmaceutical and biotechnology companies.Key market drivers include the growing geriatric population, the rising prevalence of chronic kidney disease, and the increasing use of RAAS inhibitors. The geriatric population is more susceptible to hyperkalemia due to age-related decline in kidney function. Chronic kidney disease is a major cause of hyperkalemia, and the increasing prevalence of this condition is expected to drive demand for hyperkalemia treatments. RAAS inhibitors are commonly used to treat high blood pressure and heart failure, but they can also cause hyperkalemia. The increasing use of these medications is expected to further drive demand for hyperkalemia treatments.Recent trends in the hyperkalemia treatment market include the development of novel therapies and the increasing use of combination therapies. Novel therapies, such as sodium zirconium cyclosilicate (ZS-9), are being developed to provide more effective and safer treatment options for hyperkalemia. Combination therapies, which involve the use of multiple drugs to treat hyperkalemia, are also becoming more common. These therapies can be more effective than monotherapy, and they can also reduce the risk of side effects.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hyperkalemia Treatment Market Drivers
Increasing Prevalence of Chronic Kidney Disease
Chronic kidney disease (CKD) is a major risk factor for hyperkalemia. As the prevalence of CKD continues to rise globally, so too does the demand for hyperkalemia treatments. According to the National Kidney Foundation, approximately 37 million adults in the United States have CKD, and this number is expected to increase to 47 million by 2030. The increasing prevalence of CKD is a major driver of growth in the Global Hyperkalemia Treatment Market Industry.
Rising Demand for Dialysis Services
Dialysis is a form of life-sustaining treatment for patients who have reached the final, irreversible end-stage of renal disease. When properly administered, these treatments can remove excess or unwanted potassium from the blood, and frequently, it is used to clinically treat such excursions in patients within the ESRD classification. Additionally, the increased demand for dialysis services is also a leading factor that propels growth in the Global Hyperkalemia Treatment Market Industry.
Development of New and Innovative Therapies
Market Industry Another factor that is driving growth in the Global Hyperkalemia Treatment Market Industry is the development of new and innovative therapies. Over the last few years, several new drugs have been approved for the treatment of hyperkalemia, and these drugs have shown promise in decreasing the risk of serious complications. The development of new and innovative therapies is expected to continue to drive growth in the market in the future years.
Hyperkalemia Treatment Market Segment Insights:
Hyperkalemia Treatment Market Treatment Type Insights
The Global Hyperkalemia Treatment Market is segmented based on Treatment Type, namely Potassium Binders, Loop Diuretics, Calcium Salts, Sodium Bicarbonate, Insulin and Glucose. The product segment is set to completely dominate the market as of 2023, with more than 45% market share across the globe. Potassium binders are used to reduce higher levels of potassium in the body. They function by binding to the excessive potassium in the gastrointestinal tract and not allowing it to get absorbed into the bloodstream. The leading players in the segment are AstraZeneca, Sanofi, and Vifor Pharma.The Loop Diuretics segment will see moderate growth over the period owing to their corresponding increase in the production of urine and then in the excretion of potassium from the body. The other leading players in this segment are Merck Co., Novartis, and Pfizer. The Calcium Salts segment is set to grow at a moderate pace across the globe during the forecast period due to their meant use of stabilizing the heart rhythm in the body and reducing the risk of the heart conducting irregular diseases. The growth of the other major players in this segment are GlaxoSmithKline, Johnson Johnson, and Baxter International.The Sodium Bicarbonate segment is poised to capture the smallest market for anti-hyperkalemia drugs due to its smaller scope of application towards the disease. It is, however, essential to some patients whose diseases are at very critical stages. Other leading players in this group are Fresenius Kabi, B. Braun Melsungen, and Baxter International. The subsection is very poised to become a niche market. Finally, the Insulin and Glucose segment will develop into a niche market as of 2023 due to their unique application in dealing with hyperkalemia is tied to the deficiency of insulin supply in the blood.Eli Lilly and Company, Novo Nordisk, and Sanofi are the companies leading in the application of insulin and glucose towards hyperkalemia. The Global Hyperkalemia Treatment Market will see rapid growth in the future owing to the spreading prevalence of chronic kidney and diabetes diseases, which are the leading causes of hyperkalemia. The growth will be using the modern, more efficient drug of potassium binders and loop diuretics. The market will, therefore, grow at a CAGR exceeding 8% over the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hyperkalemia Treatment Market Route of Administration Insights
The Global Hyperkalemia Treatment Market segmentation by Route of Administration includes Oral, Intravenous, and Rectal. The Oral segment is projected to hold the largest market share during the forecast period. The growth of the Oral segment can be attributed to the ease of administration and cost-effectiveness of oral medications. Additionally, the increasing prevalence of chronic kidney disease, which is a major risk factor for hyperkalemia, is expected to drive the demand for oral hyperkalemia treatments. The Intravenous segment is expected to witness significant growth due to the rapid onset of action of intravenous medications.Intravenous medications are preferred in emergency situations when rapid correction of serum potassium levels is required. The Rectal segment is expected to account for a smaller share of the market due to the discomfort associated with rectal administration.
Hyperkalemia Treatment Market Severity Insights
The Global Hyperkalemia Treatment Market is segmented by severity into mild, moderate, and severe. Among these, the moderate segment held the largest market share in 2023, accounting for around 40% of the global market revenue. The severe segment is expected to register the highest CAGR of 9.1% during the forecast period, owing to the increasing prevalence of chronic kidney disease and diabetes, which are major risk factors for severe hyperkalemia. The mild segment is projected to witness a steady growth rate over the coming years, driven by the rising awareness about hyperkalemia and the availability of effective treatment options.
Hyperkalemia Treatment Market Patient Population Insights
The Global Hyperkalemia Treatment Market is segmented by Patient Population into Renal Impairment, Cardiac Disease, Hypertension, Diabetes and Others. Among these segments, Renal Impairment is expected to hold the largest market share in terms of revenue during the forecast period. The high prevalence of chronic kidney disease worldwide is a major factor driving the growth of this segment. For instance, according to the National Kidney Foundation, in the United States, approximately 37 million adults are estimated to have chronic kidney disease, and about 90% of them are unaware of their condition.Additionally, the increasing adoption of potassium-sparing diuretics, which can lead to hyperkalemia, is also contributing to the growth of the Renal Impairment segment in the Global Hyperkalemia Treatment Market.
Hyperkalemia Treatment Market Regional Insights
The regional segmentation of the Global Hyperkalemia Treatment Market offers valuable insights into the market's growth dynamics across different regions. North America is expected to dominate the market with a significant revenue share in 2023, owing to the presence of a large patient population with hyperkalemia, well-established healthcare infrastructure, and favorable reimbursement policies. Europe follows closely, with a substantial market share, driven by increasing awareness about hyperkalemia and the availability of advanced treatment options.The Asia-Pacific region is expected to witness the fastest growth during the forecast period, attributed to the rising prevalence of kidney diseases and the increasing adoption of modern healthcare technologies. South America and the Middle East Africa (MEA) regions are expected to contribute a moderate share to the global market, but they hold promising growth potential due to growing healthcare investments and improving access to healthcare services.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Hyperkalemia Treatment Market Key Players And Competitive Insights:
Major players in Hyperkalemia Treatment Market are constantly investing in research and development to enhance their product offerings and strengthen their market position. Leading Hyperkalemia Treatment Market players are focusing on developing innovative and effective treatments to meet the evolving needs of patients. This competitive landscape is driving Hyperkalemia Treatment Market development and fostering technological advancements. Additionally, collaborations and strategic partnerships among market participants are becoming increasingly common, enabling them to capitalize on synergies and expand their market reach.A leading player in the Hyperkalemia Treatment Market industry is Vifor Pharma. The company is a global healthcare provider with a focus on nephrology and iron deficiency. Vifor Pharma offers a range of products for the treatment of hyperkalemia, including patiromer, a potassium binder that is used to remove excess potassium from the body. The company has a strong presence in the United States, Europe, and Asia, and it is actively expanding its reach into new markets.A competitor in the Hyperkalemia Treatment Market is AstraZeneca. The company is a global biopharmaceutical company with a focus on developing and marketing innovative medicines for various therapeutic areas. AstraZeneca offers a portfolio of products for the treatment of hyperkalemia, including ZS-9, a novel potassium binder that is currently in clinical development. The company has a strong presence in the United States, Europe, and Asia, and it is actively expanding its reach into new markets.
Key Companies in the Hyperkalemia Treatment Market Include:
- Merck Co
- Vifor Pharma
- Amgen
- GlaxoSmithKline
- AstraZeneca
- Shionogi Co
- Novartis
- Boehringer Ingelheim
- Sanofi
- Teva Pharmaceutical Industries
- Bayer
- Pfizer
- AbbVie
- Astellas Pharma
- Eli Lilly and Company
Hyperkalemia Treatment Market Industry Developments
The global hyperkalemia treatment market is anticipated to grow significantly during the forecast period, owing to the rising prevalence of chronic kidney disease, diabetes, and other conditions that can lead to hyperkalemia. The increasing adoption of advanced treatment modalities, such as sodium zirconium cyclosilicate (ZS-9), and the growing awareness of hyperkalemia management are also contributing to the market growth. Key market players are focusing on developing innovative therapies and expanding their geographic reach to cater to the unmet medical needs of patients with hyperkalemia. Recent developments include the approval of new drugs, such as Veltassa (patiromer) and Kerendia (finerenone), and the ongoing clinical trials of novel treatment approaches, such as potassium binders and ion-exchange resins. These advancements are expected to drive the market growth in the coming years.
Hyperkalemia Treatment Market Segmentation Insights
Hyperkalemia Treatment Market Treatment Type Outlook
- Potassium Binders
- Loop Diuretics
- Calcium Salts
- Sodium Bicarbonate
- Insulin and Glucose
Hyperkalemia Treatment Market Route of Administration Outlook
Hyperkalemia Treatment Market Severity Outlook
Hyperkalemia Treatment Market Patient Population Outlook
- Renal Impairment
- Cardiac Disease
- Hypertension
- Diabetes
Hyperkalemia Treatment Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
12.99 (USD Billion) |
Market Size 2023 |
1.56 (USD Billion) |
Market Size 2032 |
2.64 (USD Billion) |
Compound Annual Growth Rate (CAGR) |
6.07% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Merck Co, Vifor Pharma, Amgen, GlaxoSmithKline, AstraZeneca, Shionogi Co, Novartis, Boehringer Ingelheim, Sanofi, Teva Pharmaceutical Industries, Bayer, Pfizer, AbbVie, Astellas Pharma, Eli Lilly and Company |
Segments Covered |
Treatment Type, Route of Administration, Severity, Patient Population, Regional |
Key Market Opportunities |
Increasing prevalence of chronic kidney disease Rising demand for early diagnosis Technological advancements Growing geriatric population Untapped potential in emerging markets |
Key Market Dynamics |
Aging population Rising prevalence of chronic kidney disease Increasing awareness of hyperkalemia Advancements in drug therapies Growing focus on personalized medicine |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Hyperkalemia Treatment Market is projected to reach a valuation of 1.56 billion USD in 2023.
The projected valuation of the Hyperkalemia Treatment Market in 2032 is 2.64 billion USD.
The Hyperkalemia Treatment Market is estimated to grow at a CAGR of 6.07% from 2024 to 2032.
North America is expected to dominate the Hyperkalemia Treatment Market throughout the forecast period.
Hyperkalemia Treatment finds applications in treating hyperkalemia caused by various conditions such as chronic kidney disease, diabetes, and acute kidney injury.
Key competitors in the Hyperkalemia Treatment Market include Amgen, AstraZeneca, Merck Co., and Sanofi.
The growing prevalence of chronic kidney disease and diabetes, as well as advancements in treatment options, are major factors driving the growth of the Hyperkalemia Treatment Market.
Challenges faced by the Hyperkalemia Treatment Market include the high cost of treatment and the need for more effective and safer therapies.
Opportunities for growth in the Hyperkalemia Treatment Market lie in the development of new and improved therapies, as well as the expansion into emerging markets.
Key trends in the Hyperkalemia Treatment Market include the increasing use of combination therapies and the development of personalized treatment approaches.