Potassium-Sparing Diuretics Market Trends

  • Report ID: 3292
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Potassium-Sparing Diuretics Market Trends

Growth Drivers

  • Higher Rates of Obesity Among Adults - There are approximately 1 in 11 adults (9.2%) who have severe obesity in the United States. There is a greater proportion of overweight men (34.1%) than overweight women (27.5%). With an increase in obesity, there is an increase in the risk of developing high blood pressure and heart disease which results in an increase in the need for medications like potassium-sparing diuretics. These medications work to lower the levels of sodium and water in the body, which can help reduce the risk of associated health problems.
  • Huge Number of People Suffering from Chronic Diseases - According to estimates, 6 out of 10 Americans have a chronic disease. There are about 40 million Americans who are limited in their normal activities owing to chronic health issues. Potassium-sparing diuretics are medications used to treat high blood pressure, fluid retention, and other conditions caused by water retention. Their use is increasing owing to the rising prevalence of chronic diseases such as diabetes, hypertension, and heart failure, which increase the risk of fluid retention.
  • A Growing Awareness Of Edema And Pulmonary Edema Prevalence - The prevalence of pulmonary edema among patients with heart failure is estimated to be 75000-83,000 cases per 100,000 individuals worldwide. Edema is swelling in the body caused by excess fluid trapped within the tissues. As more people become aware of edema, they are increasingly seeking treatments, such as diuretics, to reduce the excess fluid. Doctors are also becoming more aware of the condition, leading to earlier detection and better treatments.
  • Increasing Incidence of Cirrhosis Among Adults - Cirrhosis is a chronic liver disease which is characterized by fibrosis and the formation of scar tissue. This causes the liver to not be able to function properly and can lead to a buildup of potassium in the body, which can be dangerous. Potassium-sparing diuretics help to flush out the excess potassium and can help to reduce the symptoms of cirrhosis. It is estimated that about one in four hundred adults in the United States have cirrhosis. The prevalence of cirrhosis is higher in adults between the ages of 45 and 54. Cirrhosis affects about one in every 200 Americans aged 45 to 54.
  • A Rise In The Number Of Heart Failure Cases - The Centers for Disease Control and Prevention estimates that approximately 6.2 million Americans have heart failure. According to death certificates, heart failure contributed to 379,800 deaths in 2018 (13.4%). Potassium-sparing diuretics are used to treat congestive heart failure and other cardiac-related conditions as they help the body to eliminate excess fluid and sodium while preserving potassium. This helps to reduce the strain on the heart, which in turn can help to improve symptoms and increase quality of life.

Challenges

  • Availability of generic alternatives - Generic drugs tend to be significantly cheaper than their brand-name counterparts, and since potassium-sparing diuretics are already relatively inexpensive, the presence of generics reduces the incentive for people to purchase the more expensive brand-name drugs. This results in a decrease in market growth for potassium-sparing diuretics.
  • High cost of potassium-sparing diuretics
  • Stringent regulations imposed by governments to control the usage of these drugs

Potassium-Sparing Diuretics Market: Key Insights

Healthcare Expenditure Per Capital Graph

According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.

Base Year

2024

Forecast Year

2025-2037

CAGR

5.90%

Base Year Market Size (2024)

USD 112.04 million

Forecast Year Market Size (2037)

USD 236.06 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3292
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of potassium-sparing diuretics is estimated at USD 122.87 million.

The potassium-sparing diuretics market size was valued at USD 112.04 million in 2024 and is likely to cross USD 236.06 million by 2037, registering more than 5.9% CAGR during the forecast period i.e., between 2025-2037. The growing prevalence of chronic diseases, such as hypertension and kidney diseases, and the increasing demand for better treatments will boost the market growth.

North America industry is poised to dominate majority revenue share of 39% by 2037, propelled by increasing prevalence of cardiovascular diseases and the increasing demand for safe and effective medicines.

The major players in the market are Pfizer Inc., Merck Sharp & Dohme Corp., Accord Healthcare, Amneal Pharmaceuticals LLC, Centaur Pharmaceuticals Pvt. Ltd., Validus Pharmaceuticals LLC, Teva Pharmaceutical Industries Ltd., CMP Pharma, Boehringer Ingelheim GmbH, Bayer AG
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