Dialysis Equipment Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- The increasing geriatric population and rising cases of renal disorders and diabetes are the key factors drive the growth of the Global Dialysis Equipment Market.
Dialysis Equipment Market is valued at USD 14951.95 Million in 2018 and expected to reach USD 20676.92 Million by 2025 with the CAGR of 4.74% over the forecast period.
The way of removing excess water and harmful metabolic matter from the bloodstream in deteriorating kidney functions is called dialysis. Dialysis membranes need to be efficient at clearing waste, but should also be biocompatible with human blood. Dialysis is used in patients with fast developing loss of kidney function, called acute kidney injury, or slowly worsening kidney function, called Stage 5 chronic kidney disease. Dialysis is used as a temporarily in either acute kidney injury or in those awaiting kidney transplant and as a permanent in those for whom a transplant is not indicated or not possible. In research laboratories, dialysis technique is also used to separate molecules based on their size.
The global dialysis equipment market is segmented on the basis of product type, disease condition, end-user and regional & country level. By product type, the global dialysis equipment market is segmented into hemodialysis devices, peritoneal dialysis devices, continuous renal replacement therapy (CRRT), and consumables. By disease condition, the market is segmented into chronic and acute. By end-user, the global dialysis equipment market is segmented into hospitals, clinics, ambulatory surgical centers, and home care settings.
The regions covered in this dialysis equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Dialysis Equipmentis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Key Players for Global Dialysis Equipment Market Reports – Global Dialysis Equipment market report covers prominent players like Fresenius Medical Care, Baxter International, DaVita Healthcare Partners, Diaverum Deutschland, B. Braun Melsungen, Nipro Corporation, NxStage Medical, Asahi Kasei Medical, Nikkiso, Mar Cor Purification and others.
Increasing of geriatric population and rising cases of renal disorders and diabetes drives the Dialysis Equipment Market
The rising geriatric population, increasing prevalence of renal disorders, diabetes, and hypertension are expected to propel to the expansion of global dialysis equipment market in the coming few years. In addition, the increasing number of patients worldwide, growing demand for cost-effective and portable dialysis equipment are also anticipated to fuel the growth of dialysis equipment market. Advanced technology in the medical industry is also supplement in the growth of the dialysis equipment market. New product launches which are more accurate and portable are directly contributing to the demand of dialysis equipment market. The industry covers the medical device industry (dialysis products and supplies segment) and the healthcare services industry (dialysis services segment).
North America is expected to dominate the Dialysis Equipment Market
North America is expected to dominate the global dialysis equipment market in terms of revenue share owing to the popularity of hemodialysis devices in leading North American healthcare companies over the last few years. The European dialysis equipment market is expected to have good growth rate due to the increase in funding and change in people’s lifestyle leading to deteriorated health. APEC are expected to witness significant growth during the forecast period owing to increasing investments in healthcare infrastructure and growing geriatric population in this region.
Key Benefits for Global Dialysis Equipment Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Dialysis Equipment Market Segmentation –
By Product Type
- Hemodialysis Devices
- Peritoneal Dialysis Devices
- Continuous Renal Replacement Therapy (CRRT)
By Disease Condition
- Ambulatory Surgical Centers
- Home Care Settings