Global Renal Dialysis Equipment Market, By Product Segment Analysis (Peritoneal Dialysis Solutions, Hemodialysis Machines, Dialysis Accessories, Continuous Renal Replacement Therapy (CRRT) Machines), Distribution Channel (Direct Tenders, Retail), End-Users (Hospitals, Home, Clinics, Dialysis Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the renal dialysis equipment market to be grow at a CAGR of 6.24% in the forecast period of 2022-2029 and is expected to reach the USD 1, 564.67 billion by 2029.
Renal dialysis is a treatment for renal/kidney failure that filters and purifies the blood using a machine that maintains chemical blood flow while also removing waste products, undesired impurities and excess fluid from the blood and balancing electrolytes. In the event of decreased kidney functioning, dialysis is a method of eliminating excess fluid and harmful substances from the bloodstream.
The expected increase in population and extended number of centers for dialysis are the major factors that will influence the growth of renal dialysis equipment market. Furthermore, the improved awareness of disorders and treatment types, growing prevalence of kidney diseases and favourable reimbursement scenario are the major drivers that will enhance the growth of renal dialysis equipment market. Other significant factors such as technological advancement to improve medical services and increase in the government funding will cushion the market growth rate.
Moreover, research and development spending on new dialysis products and upsurge in the demand for peritoneal dialysis will provide beneficial opportunities for the renal dialysis equipment market growth.
However, high cost involved with treatment, lack of awareness about kidney disease and complications associated with dialysis treatment are the factors that will obstruct the market growth. Also, the dearth of skilled professionals and strict regulations by government will challenge the renal dialysis equipment market.
This renal dialysis equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on renal dialysis equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Renal Dialysis Equipment Market Scope and Market Size
The renal dialysis equipment market is segmented on the basis of product segment analysis, distribution channel and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product segment analysis, the market is segmented into peritoneal dialysis solutions, hemodialysis machines, dialysis accessories and continuous renal replacement therapy (CRRT) machines. The peritoneal dialysis solutions segment is further sub-segmented into peritoneal dialysis machine, concentrators and solutions and catheters and tubing. The hemodialysis machines segment is further sub-segmented into hemodialysis dialysis machine, dialyzers, blood line systems and catheters and concentrators and solutions.
- On the basis of distribution channel, the renal dialysis equipment market is segregated into direct tenders and retail.
- On the basis of end-users, the renal dialysis equipment market is segmented into hospitals, home, clinics and dialysis centers.
Renal Dialysis Equipment Market Country Level Analysis
The renal dialysis equipment market is analysed and market size insights and trends are provided by country, product segment analysis, distribution channel and end-users as referenced above.
The countries covered in the renal dialysis equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the renal dialysis equipment market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the high healthcare expenditure and development of healthcare facilities in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the rising rate of kidney failures in this region.
The country section of the renal dialysis equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The renal dialysis equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for renal dialysis equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the renal dialysis equipment market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Global Renal Dialysis Equipment Market Share Analysis
The renal dialysis equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to renal dialysis equipment market.
Some of the major players operating in the renal dialysis equipment market are NIPRO, Asahi Kasei Medical Co.,Ltd., Teleflex Incorporated, Nikkiso Co., Ltd., Diaverum, Fresenius Medical Care, MEDIVATORS Inc., Hemoclean Co., Ltd., DaVita Inc, Medtronic, TERUMO INDIA PVT LTD, Allmed Medical Care Holdings Limited, Inspira Health Network, CVS Health, TORAY MEDICAL CO,.LTD., BD, NxStage Medical, Inc., Cantel Medical, Rockwell Medical Inc, and Baxter, among others.