kidney dialysis equipment market by Symptoms, Diagnosis, Treatment and Management Report
kidney dialysis equipment market is expected to witness tremendous growth owing to rising factors leading to kidney failure. Key factors such as growing acidosis, heart failure, change in sedentary lifestyle, uremic encephalopathy, vomiting, and loss of appetite leading to weight loss are contributing towards the growth of the market.
According to the BCC Research report, the global market for kidney dialysis equipment is likely to grow at a CAGR of 5.7% from an assessed USD 16.5 billion in 2017,
However, factors such as the high cost of dialysis procedures, expensive treatments, and rules and regulations associated with kidney dialysis equipment procedures are expected to restrict the market growth during the forecast period..
Some of the key players in the kidney dialysis equipment market are Fresenius Medical Care AG & Co. Ka, Davita Healthcare Partners Inc., Baxter International Inc., B. Braun Melsungen AG, Diaverum Deutschland GmbH, Nipro Corporation, Nxstage Medical, Inc., Nikkiso Co., Ltd., Mar Cor Purification, Inc. (A Cantel Medical Company), Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation). Terumo Corporation, Rockwell Medical, Teleflex Incorporated, and Hemoclean CO., LTD.
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The global kidney dialysis equipment market has been segmented on the basis of type, apparatus, type, and end-user.
On the basis of type, the market has been classified as 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 is segmented into hemodialysis machine, dialyzers and filters, bloodline system, concentrates and solutions, tunneled hemodialysis catheters, and vascular access devices. The peritoneal dialysis equipment is segmented 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
According to a survey by the National Kidney Foundation (NKF), more than 2.0 million people across the world are undergoing the dialysis treatment due to kidney failure.
The Americas is projected to lead the kidney dialysis equipment market during the forecast period. The increasing prevalence of kidney failure drives the market of this region. Increasing cases of hypertension and diabetes and higher reusable income among the people drive the market growth.
Europe is projected to be the second largest market after North America owing to progressive organizations and advanced medical compensation.
The Asia-Pacific region has an unprecedented market potential due to rise in a number of cases of kidney failure, low rate of organ transplantation, the rise in disposable income, and presence of large elderly population.
The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.
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The fast growth in the aging population, growing frequencies of diabetes and hypertension problems, and patients opting for dialysis treatments over kidney transplants due to lack of donors boost the market. Additionally, restrains for the market comprise the time consumption, risks and difficulties involved, and rules and regulations associated with dialysis.
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