Dialysis Equipment Market Poised to Grow at a CAGR of 5.4% by 2024

Dialysis Equipment Market Poised to Grow at a CAGR of 5.4% by 2024


Infinium Global Research has added a new report on Dialysis Equipment Market. The report presents analysis of global as well as regional markets of dialysis equipment market over the period of 2016 to 2024. The kidneys of a body filter the blood by removing excess and waste fluid from a person’s body. This waste is then sent to the bladder to be eliminated during the urination. Dialysis equipment performs the function of kidneys in case of failure of kidneys. Dialysis Equipment machine filters a patient's blood to remove excess water and waste products when the kidneys are damaged, dysfunctional, or missing. According to the National Kidney Foundation, end-stage kidney failure occurs when the kidneys are performing at only 10 to 15 percent of their normal function. Dialysis is used to control blood pressure and regulate the levels of chemical elements in the blood. Without dialysis, salts and other waste products will accumulate in the blood making poison in the body and damage other organs.

 

Increasing preference for dialysis over kidney replacement, technological advancements, and rising geriatric population are the major factors driving the growth of the dialysis equipment market. Advanced technology in the medical industry is too boosting the dialysis equipment market. However, the high cost of dialysis, associated complications, and lack of compensation are the few factors restraining the global kidney dialysis equipment market. The National Kidney Foundation estimated that, in 2015, about 660,000 individuals were suffering from Chronic Kidney Disease and 468,000 end-stage renal disease patients were on dialysis in the U.S. alone. The WHO states that the general availability of kidney dialysis is reported by 60% of the countries worldwide. Its availability is 93% in high-income 53 countries. Furthermore, increasing number of dialysis care centers from key players such as Fresenius Medical Care and Davita has made dialysis treatment available at a lower cost. More number of user thus can avail the dialysis facility, which in turn can create growth opportunities for the key players of the market.

 

Among the geographies, North America dominated the global dialysis equipment market. The growth in the North America region is due to new channels of funding in the healthcare domain, better healthcare infrastructure, soaring number of dialysis patients and adoption of advanced technologies in the dialysis equipment domain. The market in Asia Pacific is expected to expand at an exponential CAGR during the forecast period due to investments by key players in this region, and increasing awareness about peritoneal dialysis are a few factors that are projected to boost the growth of market in Asia Pacific region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global dialysis equipment market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global dialysis equipment market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1829

 

The recent report identified that North America dominated the global dialysis equipment market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the dialysis equipment market worldwide.


The report segments the global dialysis equipment market on the basis of Types, Applications and End-Users.

 

Global Dialysis Equipment Market by Types

·         Unmodified Cellulose Low-flux Membranes

·         Synthetic High-flux Membranes

 

Global Dialysis Equipment Market by Applications

·         Salt Removal

·         Buffer Exchange

·          Virus Purification

·         Drug Binding Studies

·         Serum and Blood Treatment

 

Global Dialysis Equipment Market by End-Users

·         Dialysis Centers

·         Hospitals

·         Home Care Settings

·          Research Laboratories

 

Companies Profiled in the Report

·          HEMOCLEAN CO., LTD.

·         Teleflex Incorporated

·         Rockwell Medical

·         Terumo Corporation

·         Nipro Corporation

·         Asahi Kasei Corporation

·         NxStage Medical, Inc.

·         Fresenius Kabi AG

·         B. Braun Melsungen AG

·         Baxter International Inc.

 

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