The value of the chronic kidney disease market could drop 2.5% between 2012 and 2017 due to the loss of patents for major brands and the changing reimbursement environment, says research and consulting firm GlobalData.
According to the company’s latest report, the late-stage CKD market in six major markets of the USA, France, Germany, Italy, Spain, and UK will decline from $1.88 billion in 2012 to $1.66 billion by 2017. GlobalData expects that the majority of sales will still come from the USA (76%), with marginal increase in the European countries’ share (24%) during the forecast period.
GlobalData analyst Savade Solanki said: “Patent expiries of the major brands Renagel, Renvela, and Zemplar will be a severe barrier for growth for the late-stage CKD market. Additionally, the health care reimbursement policy is changing in the USA and Europe, which will have a negative impact on the stage 5 hemodialysis treatment market. In particular, the 2011 inclusion of intravenous (IV) drugs in the [US health insurance program] Medicare dialysis reimbursement bundle, and the expected 2016 inclusion of oral treatments, will be a major hurdle to the growth of premium-priced branded agents.”
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze