( MENAFN - EIN Presswire) Emergen Research Logo Global Anti-Diuretic Drugs Market: Driving Factors, Challenges, and Growth Trends VANCOUVER, BC, CANADA, June 3, 2024 /EINPresswire / -- The anti-diuretic drugs market size reached USD 494.13 Million in 2023 and is expected to register a revenue CAGR of 13.4% during the forecast period.
The global market for anti-diuretic drugs is experiencing steady growth, driven by several key factors. According to a recent report, the market is expected to continue its upward trajectory, fueled by rising cases of diabetes insipidus, advancements in medical technology, and increasing product launches. Market Drivers Rising Diabetes Cases: With a significant increase in global diabetes instances, the demand for anti-diuretic drugs is on the rise.
The International Diabetes Federation (IDF) estimates a substantial surge in diabetes cases by 2045, further driving the demand for these medications. Product Upgrades: Major market players are continuously upgrading their product portfolios, enhancing treatment options and driving market growth. Recent approvals, such as Amphastar Pharmaceuticals' Vasopressin injection by the U.
S. FDA, signify this trend. Use of Desmopressin Analogs: The growing utilization of desmopressin analogs, known for their efficacy in managing diabetes insipidus, is contributing to market expansion.
These analogs offer various formulations, increasing their acceptance among end-users. Rising Geriatric Population: The increasi.
