Albany, NY -- (SBWIRE) -- 12/18/2014 -- The dialysis products and services market is a multi-billion dollar business, which has managed to propel its growth engine in the last few years. Dialysis is a procedure that is performed to remove excess water and waste from the blood, mainly in cases of renal failure. It is also performed on patients with severe kidney disorders or chronic kidney disease. The increasing population of patient having end stage renal disorders, and the growth in use of dialysis for their treatment are the main drivers for the growth in dialysis products and services market.

The advanced technologies and lesser liking towards kidney transplantation are boosting growth for product and service market. However, the risks related with dialysis and inadequate compensation facilities are restricting the development of this market. The technological advancements, leading to increase in number of dialysis centers, and the emerging economies would cater opportunities for the growth of product and service market.

Dialysis products and services Market - Segmentation and Analysis :

The dialysis products and services market is analyzed on three fronts: Product, service, and region.

By product type, the dialysis products and services market is segmented into Hemodialysis Products and Peritoneal Dialysis Products. Hemodialysis Products include HD machines, dialyzers, bloodlines, access products/catheters, concentrates, and others. At present, hemodialysis accounts for the largest market share owing to frequent renal disorders. In 2013, hemodialysis machines held the largest share of the total dialysis products and services market. This segment is expected to dominate the market during 2014 to 2020.

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Peritoneal Dialysis Products include PD concentrates/dialysates, PD machines, PD catheters, and PD transfer sets. The PD concentrates segment held the largest market share in 2013 and is estimated to grow at a higher rate during 2014 to 2020. The key factors that drove the significant growth of this segment are rise in the number of patients who preferred peritoneal dialysis, and increasing demand of patients to be dialyzed at once with the help of peritoneal dialysis. 

On the basis of the services, the dialysis products and services market is divided into in-center dialysis and home dialysis. In-center dialysis is the commonly preferred service and would continue to lead and account to largest market share because of high demand of patients; those are to be dialyzed on a preset schedule by trained healthcare experts. On the other hand, home dialysis segment is expected to grow extensively in the dialysis products and services market.

On the basis of region, the dialysis products and services market is classified into North America, Europe, Asia Pacific, and Rest of the World. North America accounted for the largest share for dialysis products and services market in 2013. Factors such as high frequency of end stage renal disorders, presence of favorable reimbursement policies and prompt adoption of technologically advanced and innovative dialysis products and services are the main reasons for the high market share of North America. Additionally, the growth of the medical infrastructure and rising affordability of the patient population to use on innovative and advanced dialysis treatment would most likely to boost the growth of the dialysis products and services market. However, Asia Pacific is likely to witness the highest growth rate in the near future. The reason behind such growth has been accounted to fast growing consumer market, favorable government policies, and increasing adoption of novel technologies.

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Dialysis products and services Market – Major Players :

The major companies of dialysis products and services market are Rockwell Medical Technologies, Inc., Medical Components, Inc., B. Braun Medical, C.R. Bard, Inc., NxStage Medical, Inc., Cantel Medical Corporation, Kawasumi Laboratories, Covidien plc, DaVita Healthcare Partners, Inc., Asahi Kasei Medical Co., Ltd., Fresenius SE & Co. KGaA, Baxter International, Inc., Nikkiso Co., Ltd., and Nipro Corporation.

Availability of skilled labor, tax benefits, and easy market penetration would push the growth of the global dialysis products and services market in the next few years.

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