US secondary hyperparathyroidism shpt treatment market

U.S. Secondary Hyperparathyroidism (SHPT) Treatment Market Size, Share, Growth Analysis, By Drug Class Analysis(Calcimimetics, Vitamin D Analogues, Phosphate Binders.), By Distribution Channels(Hospital & Retail Pharmacies, Online Channel, Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIC35I2331 | Region: Country | Published Date: April, 2024
Pages: 219 | Tables: 63 | Figures: 75

U.S. Secondary Hyperparathyroidism (SHPT) Treatment Market Dynamics

US Secondary Hyperparathyroidism (SHPT) Treatment Market Driver

  • Vitamin D deficiency coexists with SHPT development. According to OPKO Health, Inc., more than 97 percent of ESRD patients exhibit signs of vitamin D deficiency, which is a key sign that SHPT is developing in the patient. Therefore, it is anticipated that the SHPT treatment market in the U.S. will be driven by the rise in the prevalence of chronic illnesses brought on by a sedentary lifestyle.
  • The government's initiative to produce standards to improve secondary hyperparathyroidism treatment management is another significant driver driving the secondary hyperparathyroidism (SHPT) treatment market in the United States. The goal of SHPT therapy is to control the biochemical indicators of mineral and bone metabolism, which have a strong epidemiologic relationship to cardiovascular events and bone fractures.

US Secondary Hyperparathyroidism (SHPT) Treatment Market Restraint

  • Despite the many benefits of these procedures, such as the option to choose early and preventive therapy, performing genetic tests at one's homecare is still a convenient setting, among other things, is preventing the market from expanding. among the most important growth, the market is constrained by worries about and monitoring of the privacy of the genetic information about the patient, such as DNA data. This is especially important because it's a big percentage of secondary hyperparathyroidism shpt treatment Customers forfeit their choice and control over their genetic material and related data derived from the genetic material they came from testing methods. Such elements are anticipated to restrict the use of these diagnostics thereby limiting market growth during the anticipated term in the U.S.
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U.S. Secondary Hyperparathyroidism (SHPT) Treatment Market size was valued at USD 5.4 billion in 2019 and is poised to grow from USD 5.75 billion in 2023 to USD 9.52 billion by 2031, growing at a CAGR of 6.5% during the forecast period (2024-2031).

Due to its strong pharmaceutical portfolio and important strategic choices, Amgen Inc. dominates the secondary hyperparathyroidism therapy (SHPT) industry, holding 40 %. Sensipar (Cinacalcet), a popular medicine from Amgen, is used to treat SHPT. Due to the patent expiration of many treatments, generic manufacturers have just begun to come on the market. Players in the market include organizations like Teva Pharmaceutical Industries Ltd., Abbvie, and Sandoz, among others. Growing generic manufacturer competition is also anticipated to fuel SHPT market expansion during the anticipated time frame. 'Amgen Inc. (US)', 'F. Hoffmann-La Roche AG', 'AbbVie Inc.', 'Pfizer Inc.', 'Sanofi S.A.', 'GlaxoSmithKline plc', 'Novartis International AG', 'Teva Pharmaceutical Industries Ltd.', 'Kyowa Kirin Co., Ltd.', 'Bayer AG', 'AstraZeneca plc', 'Baxter International Inc.', 'Fresenius Medical Care AG & Co. KGaA', 'Merck & Co., Inc.', 'Eli Lilly and Company', 'Johnson & Johnson', 'Ipsen S.A.', 'Amneal Pharmaceuticals LLC', 'Impax Laboratories, Inc.', 'Mylan N.V.'

Vitamin D deficiency coexists with SHPT development. According to OPKO Health, Inc., more than 97 percent of ESRD patients exhibit signs of vitamin D deficiency, which is a key sign that SHPT is developing in the patient. Therefore, it is anticipated that the SHPT treatment market in the U.S. will be driven by the rise in the prevalence of chronic illnesses brought on by a sedentary lifestyle.

The management plan for SHPT has been enhanced as medical professionals and clinical specialists have become more aware of the condition. The early detection and evaluation of secondary hyperparathyroidism for mineral metabolism in CKD and ESRD would have a beneficial effect on the market growth for treatments for this condition. During the projection period, it is anticipated that the market would develop more quickly due to the decrease in issues related to the management of SHPT.

Geographically, the West, Midwest, South, and Northeast areas make up the U.S. SHPT therapy market. The South region brought in USD 1.93 billion in revenue and is expected to take the lead in the US market over the next several years. The South region's dominance can be attributed to the existence of a large number of dialysis facilities and the strategic positioning of top dialysis clinic networks like Fresenius Care, DaVita, etc. in the area. Additionally, due to the high incidence of older people with kidney disorders, the southern region of the United States has the highest prevalence of secondary hyperparathyroidism.

U.S. Secondary Hyperparathyroidism (SHPT) Treatment Market size was valued at USD 5.4 billion in 2019 and is poised to grow from USD 5.75 billion in 2023 to USD 9.52 billion by 2031, growing at a CAGR of 6.5% during the forecast period (2024-2031).

Due to its strong pharmaceutical portfolio and important strategic choices, Amgen Inc. dominates the secondary hyperparathyroidism therapy (SHPT) industry, holding 40 %. Sensipar (Cinacalcet), a popular medicine from Amgen, is used to treat SHPT. Due to the patent expiration of many treatments, generic manufacturers have just begun to come on the market. Players in the market include organizations like Teva Pharmaceutical Industries Ltd., Abbvie, and Sandoz, among others. Growing generic manufacturer competition is also anticipated to fuel SHPT market expansion during the anticipated time frame. 'Amgen Inc. (US)', 'F. Hoffmann-La Roche AG', 'AbbVie Inc.', 'Pfizer Inc.', 'Sanofi S.A.', 'GlaxoSmithKline plc', 'Novartis International AG', 'Teva Pharmaceutical Industries Ltd.', 'Kyowa Kirin Co., Ltd.', 'Bayer AG', 'AstraZeneca plc', 'Baxter International Inc.', 'Fresenius Medical Care AG & Co. KGaA', 'Merck & Co., Inc.', 'Eli Lilly and Company', 'Johnson & Johnson', 'Ipsen S.A.', 'Amneal Pharmaceuticals LLC', 'Impax Laboratories, Inc.', 'Mylan N.V.'

Vitamin D deficiency coexists with SHPT development. According to OPKO Health, Inc., more than 97 percent of ESRD patients exhibit signs of vitamin D deficiency, which is a key sign that SHPT is developing in the patient. Therefore, it is anticipated that the SHPT treatment market in the U.S. will be driven by the rise in the prevalence of chronic illnesses brought on by a sedentary lifestyle.

The management plan for SHPT has been enhanced as medical professionals and clinical specialists have become more aware of the condition. The early detection and evaluation of secondary hyperparathyroidism for mineral metabolism in CKD and ESRD would have a beneficial effect on the market growth for treatments for this condition. During the projection period, it is anticipated that the market would develop more quickly due to the decrease in issues related to the management of SHPT.

Geographically, the West, Midwest, South, and Northeast areas make up the U.S. SHPT therapy market. The South region brought in USD 1.93 billion in revenue and is expected to take the lead in the US market over the next several years. The South region's dominance can be attributed to the existence of a large number of dialysis facilities and the strategic positioning of top dialysis clinic networks like Fresenius Care, DaVita, etc. in the area. Additionally, due to the high incidence of older people with kidney disorders, the southern region of the United States has the highest prevalence of secondary hyperparathyroidism.

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US secondary hyperparathyroidism shpt treatment market

Report ID: SQMIC35I2331

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