The major growth drivers in the global dialysis equipment market are the increasing prevalence of chronic diseases related to kidney and rise in cases related to hypertension and diabetes. There is a rise in the number of geriatric population across the globe, which is also fuelling the expansion of the global dialysis equipment market. There is an increase in the expenditures related to research and development in the healthcare domain along with the adoption of advanced technology for patient treatment. People’s health is deteriorating due to a change in lifestyles. There is an increased demand for portable and cost-effective dialysis equipment due to high costs related to kidney transplants. These are some factors contributing to the development of the market for dialysis equipment globally.
Sarasota, FL -- (SBWIRE) -- 10/30/2018 -- Global Dialysis Equipment Market: Overview
The process of removing excess water and harmful metabolic matter from the bloodstream in case of deteriorating kidney functions is called dialysis. The rising geriatric population, increasing prevalence of renal disorders, diabetes, and hypertension are contributing to the expansion of the global dialysis equipment market.
Global Dialysis Equipment Market: Growth Factors
The major growth drivers in the global dialysis equipment market are the increasing prevalence of chronic diseases related to kidney and rise in cases related to hypertension and diabetes. There is a rise in the number of geriatric population across the globe, which is also fuelling the expansion of the global dialysis equipment market. There is an increase in the expenditures related to research and development in the healthcare domain along with the adoption of advanced technology for patient treatment. People's health is deteriorating due to a change in lifestyles. There is an increased demand for portable and cost-effective dialysis equipment due to high costs related to kidney transplants. These are some factors contributing to the development of the market for dialysis equipment globally.
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Global Dialysis Equipment Market: Segmentation
The global dialysis equipment market can be divided based on renal product type, application, dialysis membrane type, treatment, and end-users. On the basis of renal product type, the dialysis equipment market can be segmented into hemofilters, dialyzers, dialysis machine, blood tubing set and accessories, arterial venous (AV), and endotoxin retention filter. Based on application, the dialysis equipment market can be classified into virus purification, serum and blood treatment, salt removal, buffer exchange, and drug binding studies, among other applications. On the basis of dialysis membrane type, the dialysis equipment market can be divided into synthetic high-flux membranes and unmodified cellulose low-flux membranes. Based on treatment, the market for dialysis equipment can be bifurcated into home hemodialysis, peritoneal dialysis, and hemodialysis. On the basis of end-users, the dialysis equipment market can be categorized into hospitals, research laboratories, home healthcare settings, and dialysis centers.
Global Dialysis Equipment Market: Regional Analysis
Based on regions, the global market for dialysis equipment can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North American region is anticipated to dominate the market for dialysis equipment in the upcoming years. This is due to the need for effective and novel therapies for chronic diseases related to kidney. The European dialysis equipment market is expected to show good growth rate, due to an increase in the research funding and change in people's lifestyle leading to deteriorated health. In the Asia Pacific region, the number of end-stage renal disease patients is on the rise. This region is also anticipated to show an increase in the number of renal dialysis patients, which, in turn, would fuel the growth of dialysis equipment market.
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Global Dialysis Equipment Market: Competitive Players
The key market players of the global market for dialysis equipment include Outset Medical, Quanta, Hemoclean, Nipro, Braun Melsungen, Teleflex Incorporated, JMS, Rockwell Medical, Cantel Medical, Fresenius Medical Care, Asahi Kasei Corporation, Fuso Pharmaceutical, Aksys Ltd., Kawasumi Laboratories, GIA Medical, Texas Instruments, Sorin Group, Gambro, DaVita Kidney Care, Diaverum, Dialysis Clinic, and Baxter International, among several others.
Global Dialysis Equipment Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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