Global Kidney Dialysis Equipment Market Expected to Touch a Value of US$ 22,917.7 Mn by 2026

The global kidney dialysis equipment market was valued at US$ 14,673.3 Mn in 2017 and is anticipated to reach nearly US$ 22,917.7 Mn by 2026, expanding at a CAGR of over 5% from 2018 to 2026.

 

Albany, NY -- (SBWIRE) -- 10/23/2018 -- Rising investments by market players, increasing number of multi-specialty hospitals and improved service quality worldwide are primary factors that are anticipated to boost market growth of kidney dialysis equipment. Revenues from the kidney dialysis equipment market are estimated to grow at a CAGR of more than 5% through 2026. These insights have been taken from the report titled "Kidney Dialysis Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026" added recently to the vast repository of Market Research Reports Search Engine (MRRSE).

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Preference for dialysis over kidney replacement treatments, technological improvements, and a booming population of geriatrics are also boosting demand for kidney dialysis equipment worldwide. Hemodialysis treatment is expected to witness a relatively high rate of growth owing to the rising rate of terminal kidney failure patients worldwide.

North America and Europe together are anticipated to continue as leading market share holders, owing to increasing incidences of end-stage renal diseases and chronic kidney disease along with increasing focus by the governments on health care infrastructure enhancements and awareness about treatment options. Increased rates of technological improvements, involvement of key market players are also expected to boost the market in Europe and North America.

Major market players are focusing on inorganic and organic growth strategies, diversification of product portfolios, expansion of geographical reach, broadening customer base and increase market share.

Kidney Dialysis Equipment: Report Overview

This report gives readers a comprehensive analysis & forecast at regional and global levels on kidney dialysis equipment, in terms of revenue value (US$ Mn), for the period of forecast 2018 to 2026. An assessment of vital market dynamics, along with drivers, opportunities, constraints, and trends that are vital in influencing the demand for kidney dialysis equipment have been examined in the report.

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An extensive qualitative analysis on the kidney dialysis equipment market has been given in the report, and the use of tools such as the competitive matrix helps in the better understanding of the situation among key market players through SWOT analysis and other relevant tools. A complete market attractiveness analysis has also been incorporated to assess the market participants based on factors such as market size, general attractiveness, and growth rate.

Kidney Dialysis Equipment: Research Methodology

Primary and secondary research has been widely used to extract trustworthy and relevant information on kidney dialysis equipment. This includes detailed face-to-face and telephonic discussions with a numerous industry experts and opinion leaders to gain enhanced insight into factors such as market size, market trends, growth rates and competitive scenario. Primary research forms the bulk of the efforts in research, which has been validated with extensive secondary research.

Leading and emerging market players for kidney dialysis equipment have been assessed in detail, and data sources such as press releases and annual reports along with other relevant documents such as market reports and government publications have been assessed for studying the market's landscape. The research approach and methodologies employed here have been found to be very effective in gaining actionable insights on the market data, market participant activity and previously unused business opportunities.

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