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Global Kidney Dialysis Equipment Market - Rising Incidence of Chronic Kidney Diseases Boosts Market Growth

 

Albany, NY -- (SBWIRE) -- 10/02/2018 -- Rising awareness about recent advancements in healthcare technologies and increasing geriatric population are the key factors enabling growth in the global kidney dialysis equipment market. According to a report, titled "Kidney Dialysis Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026," the demand for kidney dialysis will rise at a positive pace between 2018 and 2026. The report offers a comprehensive overview of the global kidney dialysis equipment market. It covers the factors influencing growth, besides analyzing the ones inhibiting its trajectory. The report also contains valuable market intelligence for the companies operating.

In the coming years, the global kidney dialysis equipment market will witness increasing demand in North America and Europe. These regions boast the presence of a sophisticated healthcare infrastructure, which will aid the market's expansion. In Asia Pacific, the market will significantly gain from the rising investments from the investors. Supported by various factors, an increasing number of hemodialysis centers are likely to be set up by key players. This as per the report will give considerably push to the market in the coming years.

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Furthermore, the rising incidence of chronic kidney diseases will fuel the demand for kidney dialysis equipment. Chronic kidney diseases can trigger various complications especially in diabetes, cardiovascular diseases, glomerulonephritis, hypertension, and aging patients. Chronic kidney diseases may require renal replacement therapy in advanced stages. A global awareness campaign conducted in 2016 World Kidney Day found that nearly 10% of the global population is affected by chronic kidney diseases. Furthermore, Global Burden of Diseases ranked chronic kidney diseases 18th among the list of causes behind total number of deaths in 2010.

If untreated, chronic kidney diseases may lead to end-stage renal diseases. Therefore, it is important to ascertain the availability of kidney dialysis equipment for the welfare of patients. This as per the report, is a chief factor boosting the global kidney dialysis equipment market. According to the WHO, 60% of countries around the world reported general availability of dialysis equipment. Of these, the high-income countries exhibit a considerably higher availability of dialysis equipment. As per recent studies a meager share of people at advanced stages of kidney diseases receives renal replacement therapies in underdeveloped nations. The high cost of dialysis equipment is a key factor hindering growth in underdeveloped and developing nations. Nonetheless, initiatives adopted to improve healthcare infrastructure will create greater prospects for the market's growth in the coming years.

The report also profiles some of the leading players operating in the global kidney dialysis market. These include B. Braun Melsungen AG, Baxter International Inc., NxStage Medical, Inc., Nipro Corporation, Rockwell Medical, Terumo Corporation, Fresenius Kabi AG, Asahi Kasei Corporation, Teleflex Incorporated, HEMOCLEAN CO., LTD., and others.