The global kidney dialysis equipment market is expected to exhibit a strong 5.7% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global kidney dialysis equipment market was valued at USD 16.5 billion in 2017, according to the report. The global kidney dialysis equipment market is profiled in great detail in the research report, providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the kidney dialysis equipment market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the kidney dialysis equipment market’s growth trajectory over the forecast period are provided in the report. The leading players in the global kidney dialysis equipment market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global kidney dialysis equipment market. The major drivers and restraints affecting the global kidney dialysis equipment market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.
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Kidney dialysis equipment is used in dialysis procedures for patients who suffer from reduced kidney function. Dialysis is vital for patients of renal diseases, as the process helps clean out the blood of the patient in a way that kidneys do normally. Patients suffering from kidney diseases and malfunction undergo dialysis procedures at regular intervals to carry out the cleaning procedures that the kidney usually performs in healthy individuals. Dialysis machines use hemodialysis to purify the blood and balance out its constituent components. The patient’s blood is circulated through dialysis machines, which remove urea and other harmful elements from the blood, restoring it to its oxygenated, vital form.
The growing prevalence of end stage renal diseases in the world is the major driver for the global kidney dialysis equipment market. Many patients have to opt for kidney dialysis instead of a transplant, due to the absence of donors. The rising demand for kidney transplants and the deficit between the demand and supply of transplanted kidneys is also a major driver for the kidney dialysis equipment market. The growing prevalence of diabetes is also a major driver for the kidney dialysis equipment market, as the disease can act as a causative agent for several renal conditions. The growing demand for more effective and efficient kidney dialysis machines is also likely to be a major driver for the global kidney dialysis equipment market.
Competitive Leaderboard:
Leading players in the global kidney dialysis equipment market include Hemoclean Co. Ltd., Teleflex Inc., Rockwell Medical, Terumo Corporation, Asahi Kasei Medical Co. Ltd., Mar Cor Purification Inc., Nikkiso Co. Ltd., Nxstage Medical Inc., Nipro Corporation, Diaverum Deutschland GmbH, B. Braun Melsungen AG, Baxter International Inc., Davita Healthcare Partners Inc., and Fresenius Medical Care AG & Co.
Segmentation:
The global kidney dialysis equipment market is segmented on the basis of type, apparatus type, end use, and region.
By type, the global kidney dialysis equipment market is segmented into hemodialysis, peritoneal dialysis, and continuous renal replacement therapy (CRRT). Hemodialysis is segmented into conventional hemodialysis, short daily hemodialysis, and nocturnal hemodialysis. Peritoneal dialysis is segmented into continuous ambulatory peritoneal dialysis (CAPD), continuous cycling peritoneal dialysis (CCPD), intermittent peritoneal dialysis (IPD), and tidal peritoneal dialysis (TPD).
On the basis of apparatus type, the market has been classified into hemodialysis equipment, peritoneal dialysis equipment, and consumables and continuous renal replacement therapy systems. The hemodialysis equipment segment is categorized into hemodialysis machines, dialyzers and filters, bloodline systems, concentrates and solutions, tunneled hemodialysis catheters, and vascular access devices. The peritoneal dialysis equipment segment is categorized into concentrates and solutions, automated peritoneal dialysis machines, dialyzers, and filters.
On the basis of end-user, the market has been classified into hospitals, clinics, in-center dialysis settings, home care, and ambulatory services.
Regional Analysis:
North America is expected to dominate the global kidney dialysis equipment market, followed by Europe. Asia Pacific is likely to be the fastest growing regional market over the forecast period.
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