According to Data Bridge Market Research new Market report, global hemodialysis equipments market will account to an estimated USD 71.17 billion in 2018 growing at a CAGR of 6.50% during the forecast period of 2019 to 2026.
Global Hemodialysis Equipments Market
Hemodialysis equipments are a set of medical devices that are used for the decontamination of a patient blood that is suffering from kidney disease or kidney malfunctioning. Due to the inability of kidneys to work properly, there is a requirement of refining or decontaminating the blood of the patients. These equipment collect the waste and water from the blood after extraction externally, requiring the patients to be attached to these machines for a considerable period of time.
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Global hemodialysis equipments market is segmented on the basis of product & service, modality, type, end-user and geography.
By Product & Service (Hemodialysis Products, Hemodialysis Services), Modality (Conventional Long-Term Hemodialysis, Short Daily Hemodialysis, Nocturnal Hemodialysis), Type (Central Dialysis Water Disinfection Systems, Portable Dialysis Water Disinfection Systems), End-User (Hospitals, Ambulatory & Surgical Centers, Clinics) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
FACTORS DRIVING GROWTH IN HEMODIALYSIS EQUIPMENTS MARKET
Rising prevalence of ESRD (end-stage renal diseases) and diabetes
According to American Diabetes Association, in 2015, around 9.4% of the population of Americans was affected with diabetes, estimated to be 30.3 million, along with 1.5 million estimated people being diagnosed with diabetes every passing year.
In 2015, an estimated 84.1 million Americans aged 18 and above were diagnosed with prediabetes. It is a condition/state where the blood glucose levels are higher than normal but not high enough to be termed as diabetes.
These numbers are directly affecting the patient base of end-stage renal disease as diabetes and high blood glucose are one of the major causes for kidney malfunctioning. The rising number of patients suffering from diabetes is expected to rise causing a number of accompanying disorders as well as kidney disease, this factor is expected to significantly drive the market growth.
Few of the major competitors currently working in the hemodialysis equipments market are Fresenius Medical Care AG & Co. KGaA , DaVita Inc., Baxter International, Inc., B. Braun Melsungen AG, NIPRO Medical Corporation, Diaverum. Alle Rechte vorbehalten, Nikkiso Co., Ltd., NxStage Medical, Inc., Baxter International Inc., Baxter Pharmaceutical Solutions LLC, B. Braun Melsungen AG, Fresenius Kabi AG, Asahi Kasei Corporation, TERUMO CORPORATION, Rockwell Medical, Teleflex Incorporated, KITA, Rockwell Medical Technologies, Inc., AngioDynamics, NxStage System, Diaverum, Dialysis Clinic, Inc., Texas Instruments, GIA Medica and Asahi Kasei Medical.
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