Log in using OpenID

Kidney Dialysis Equipment Market Revenue Growth Predicted by 2024

The global kidney dialysis equipment market was valued at US$ 13,930.3 Mn in 2015 and is expected to witness a robust CAGR of 6.6% during the forecast period (2016 – 2024). Kidneys remove waste from the body, maintain the blood pressure, make hormon
Kidney Dialysis Equipment Market To Witness
Widespread Expansion During 2024
Global Kidney Dialysis Equipment Market, By Equipment (Hemodialysis,
Peritoneal dialysis, Continuous renal replacement therapy (CRRT)), End User
(Home Care Settings, In-Clinics/Dialysis Centers), and Geography - Insights,
Opportunity Analysis, and Industry Forecast till 2024
The global kidney dialysis equipment market was valued at US$ 13,930.3 Mn in 2015 and is expected
to witness a robust CAGR of 6.6% during the forecast period (2016 – 2024). Kidneys remove waste
from the body, maintain the blood pressure, make hormones to create red blood cells and thus, ensure
right amount of minerals content in the body. Failure of kidney compels the need for kidney
replacement. However, it is very challenging to find a matching kidney donor and hence until then an
alternative treatment called dialysis is opted.
Ask For a Sample Copy of This Business Report :
As per the National Kidney Foundation, there are nearly 100,791 people awaiting for kidney
transplants in the U.S. as of November 2016. Furthermore, around 3,000 new patients are added every
month in the kidney transplant list in the U.S. Dialysis are of two types – hemodialysis and peritoneal
dialysis. Hemodialysis utilizes a machine for blood purification and hence, usually requires the patient
to visit the dialysis clinic for availing the treatment process. Peritoneal dialysis on the other hand, uses
abdominal lining to filter the blood. Advent of home/portable dialysis equipment improves patient
compliance for the dialysis treatment.
Market Dynamics
According to the National Kidney Foundation, around 10% of the global population is affected by
chronic kidney disease (2015). According to the University of California, incidence of end stage renal
disease (ESRD) in the U.S. is 5% annually, while only 20% of kidney donors are available every year.
The need for kidney donors in the U.S. is increasing by 8% annually. Globally, Taiwan, U.S., Japan,
Mexico, and Belgium are the countries with highest prevalence of ESRD. Considering the staggering
statistics of kidney donors and incidence of ESRD and CKD, the dialysis equipment market is poised to
grow at a considerable growth during the forecast period. Although market for hemodialysis is high,
demand for peritoneal dialysis is increasing as it offers convenience of undergoing the treatment at
Demographic Shift of major chunk of population towards increasing geriatric population
Elderly population are more prone to various disease due to diminished level of immunity and other comorbid disease conditions. Diabetes mellitus is a very common disorder that is the initiator for various
unwanted disease conditions. One of the most frequently arising condition is kidney failure. The
unnoticed and improper care of the diabetic patient may lead to abnormal functioning of kidney and in
severe cases total shut down of the organ. Kidney dialysis is a process in which an external machine
acts as the kidney for the filtration of body fluids.
Key companies covered as a part of this study include Baxter International, Inc., Fresenius Medical
Care AG & Co., Nipro Corporation, B. Braun Melsungen, Nikkiso Co, Ltd., Asahi Kasei Corporation
and NxStage Medical, Inc.
Detailed Segmentation:
•Global Kidney Dialysis Equipment Market, By Equipment:
•Concentrates and dialysis solutions
•Others (Water treatment systems, accessories)
•Peritoneal dialysis
•Transfer sets
Home care settings segment is expected to be supported by single in-center machines for dialysis
The need for kidney dialysis procedure is mostly observed in geriatric population. The number of
hospital visits will decrease due to mobility issues. Therefore, the introduction of new portable single
in-center dialysis machine will be useful for geriatric population. Various key players are working on
developing portable dialysis machines, in order to make the dialysis process easier for the patients. For
instance, Fresenius Medical Care, a Germany-based manufacturer of dialysis machines, is the only
company that introduced both in-center and home use dialysis machine. This is expected to drive
growth of the kidney dialysis equipment market in the near future. Click To Read More On Kidney
Dialysis Equipment Market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and competitive analysis
through various recommendations related to emerging market trends, technologies, and potential
absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1–206–701–6702
Email: [email protected]
ravikiran298   documents Email
Health and Medicine
File Size
378 KB
Report inappropriate content