According to estimates of a recent market study by Persistence Market Research (PMR), the global diabetic nephropathy market is poised to exhibit a CAGR of 5.6% from 2014 to 2020. The report, titled “Global Market Study on Diabetic Nephropathy: Asia to Witness Highest Growth by 2020”, states that the market, with a valuation of US$2,262.2 million in 2014, is expected to reach US$3,145.9 million in 2020.
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According to a new market report published by Persistence Market Research “Global Market Study on Diabetic Nephropathy Market – Asia to Witness Highest Growth by 2020,”.The global diabetic nephropathy market was valued at USD 2,262.2 million in 2014 and is expected to grow at a CAGR of 5.6% from 2014 to 2020, to reach an expected value of USD 3,145.9 million in 2020.
Browse the full Global Market Study on Diabetic Nephropathy Market: Asia to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/diabetic-nephropathy-market.asp
Diabetic nephropathy is a disease of the kidney glomerulus and one of the most significant complications in terms of mortality and morbidity for patients with diabetes. Globally, the diabetic nephropathy market is witnessing significant growth due to increasing prevalence of diabetes and obesity in different regions of the world. In addition, increasing R&D investments in drug discovery and development and raising awareness about diabetes and kidney-related disorders are also driving the growth of the market. However, stringent regulatory requirements and longer approval time for drugs as well as the lack of comprehensive therapeutic management for diabetic nephropathy are inhibiting the growth of diabetic nephropathy market. The global diabetic nephropathy market is estimated at USD 2,262.2 million in 2014. It is likely to grow at a CAGR of 5.6% from 2014 to 2020 to reach USD 3,145.9 million in 2020.