Covid Impact
The covid-19 outbreak has affected the market of hematuria market as many patients with multiple dialysis were not able to access the healthcare facility during the world-wide lockdown. However, the situation is improving steadily with all the recent innovation and developments among the key players in the hematuria treatment market. But still, transplant recipients underlying CKD is the risk factor for the mortality for patients with covid-19.
At a compound annual growth rate of 2.4%, the size of the worldwide Hematuria Treatment market is projected to reach US$ 1,103.61 million in 2028.
Drug And Therapy Treatment Segment to Witness Maximum Growth
Based on treatment, the drug and therapy segment is expected to capture the largest market share in the forthcoming years, and is also predicted to register the high rate CAGR in the market of hematuria treatment in the forecast period 2018-2028. Based on the drug type, penicillin is accounted a major share in the market of hematuria treatment, has this drug is available widely and it is considered as the first line treatment in hematuria. Moreover, as hematuria is connected with various indication such as, UTI, kidney stones, bladder stones, so the drugs used for the indication can be also used for the treatment of hematuria.
Microscopic Hematuria Type Segment to Sustain the Largest Growth Trends
Based on type, the microscopic hematuria segment is accounted to hold the major share in the market. Microscopic hematuria are which contains very small units of red blood cells in urine, which can be identified only under the microscope. Most of the time microscopic hematuria have no symptoms thus, this leads to serious conditions before the hematuria is actually found, and increases the number of patients. Due to these reasons, microscopic hematuria is the major segment in the market.
Urine Track Infection Indication to Remain Atop
Based on indication, urine track infection segment is likely to hold the market. Urine track infection is an infection in the urinary system, the kidneys, bladders and urethra. This infection is commonly found in women than of men. Urine track infection cause a high pain in the bladder, pelvis pain, and burning sensation while urinating. The number of cases for UTI have increased in the past decade among the women, which acts as the key growth factor in the market.
End-user based analysis
Based on the end-user, the hospital segment holds the highest share in the market. Many pharma companies are adopting to the new technology and advanced treatment strategy to meet the people demands and need in the treatment of hematuria. This brings new innovation to market to meet the demand for hematuria treatment.
North America to Remain the Largest Growth Hub
North America is expected to dominant the market share. This region adopts to the present technology in the early stage and have advanced medical companies for the treatment of hematuria. The European market to hold the second large place in the market, and the Asia pacific us also expected to gain growth in the market, due to the access for advance technology, demand for healthcare and treatment facility in the region.
Major key players and recent key developments
The market for hematuria treatment has enhanced due to growing cases of hematuria which created opportunity for pharma industries.
The pharmaceutical companies started to create and introduce promising drugs and therapies for hematuria treatment with advanced healthcare facilities.
Hematuria is a term used for describing the blood presence in the urine. Hematuria can be caused by various conditions such as, defects in filter units in the kidney, Urine track infection, kidney stones, bladder stones, etc. This disease is considered serious as the normal urine doesn’t contain red blood cells. Thus, it is consider important to diagnose the hematuria before it leads to dangerous conditions.
Technology developments in hospitality and diagnostic methods have led to many kinds of options to manage hematuria. The rising types of hematuria and market awareness, have boosted the market during the forecast period. The use of technology for treatment is expected to enhance patient care and the implementation of robotics in surgeries has gained popularity among people in recent years.
Chronic kidney disease (CKD), is a key reason behind the cause of hematuria. Chronic kidney disease is considered as life threatening condition which affects a huge number of groups across the globe. The growth of the market is highly driven by the chronic kidney disease and are predicted to increase the growth rate.
The aging population are expected to likely suffer more from hematuria, and are predicted to drive the market. Moreover, the expenditure for healthcare, various complications in the treatment of hematuria, government rules and regulations, and higher cost of products are the factors which affects the growth of the market.
This report offers detailed information and quality insight with market intelligence. This report is structured in a way that it offers maximum business value and information and provides critical market dynamics and will enable in the process of decision-making for the current market players and those who are willing to enter the market. This report studies the forecast period of 10 years.
Proceeding ahead, this report contains information regarding the major key players and the competitive areas and strategies used by the leading companies in the market of hematuria treatment, and the growth trends in the forthcoming years are discussed. In addition to it, the impact of COVID—19 is discussed with the industry’s initial response and tactics used by the companies to overcome the impact.
Latest Innovations: Global Hematuria Treatment Market
- Astra Zeneca and vax equity, announced a collaboration on September 2021. For the developing and commercializing the RNA therapeutics platform.
- Merck, announced the acquirement of Acceleron, on September 2021. By purchasing the shares in tender and Acceleron is now became a subsidiary of Merck.
- Pfixer Inc. entered into an agreement on august 2021, were pfixer Inc. will acquire trillium therapeutics Inc. for developing and innovating therapies for cancer.
- Bristol-Myers went into a collaboration agreement for the development of antibody drugs conjugate with Eisai co ltd. On June 2021.
Hematuria Treatment Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | US$ 1,103.61 million |
Growth Rate | CAGR of 2.4 % during 2018-2028 |
Segment Covered | by Treatment, by Indication, By Application, by Indication, Regions |
Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
Key Players Profiled | AstraZeneca, Bristol-Myers Squibb Company, F. HOFFMANN-LA ROCHE LTD., GlaxoSmithKline plc., Janssen Pharmaceuticals, Merck & Co., Inc., Novartis AG, Pfizer Inc., Sun Pharmaceutical Industries Ltd, Boehringer Ingelheim International GmbH |
Key Segments of the Global Hematuria Treatment Market
Treatment Overview, (USD Million)
- Drugs
- Therapies
- Others
Indication Overview,(USD Million)
- Urine track infection
- Kidney stones
- Bladder stones
- Urethritis
- Blood cancer
- Prostate cancer
- Cystitis
- Trauma
- Vigorous exercise
- Polycystic kidney disease
- Endometriosis
- Menstruation
Type Overview, (USD Million)
- Macroscopic hematuria
- Microscopic hematuria
- Idiopathic hematuria
- Jogger’s hematuria
End User Overview, (USD Million)
- Hospitals
- Clinics
- Others
Regional Overview, (USD Million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa