Kidney Dialysis Equipment Market by 2024.docx
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P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
Global <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong> to Reach US$<br />
25.128 Bn <strong>by</strong> 2024 End; Persistence <strong>Market</strong> Research<br />
Identifies Home <strong>Dialysis</strong> as a Key Trend<br />
Persistence <strong>Market</strong> Research’s recent report on “Global <strong>Market</strong> Study on <strong>Kidney</strong> <strong>Dialysis</strong><br />
<strong>Equipment</strong>: Latin America Expected to Emerge the Third Attractive Regional<br />
<strong>Market</strong> ” forecasts the market revenues to reach US$ 25.128 Bn <strong>by</strong> 2024 end. The US$ 15<br />
Bn kidney dialysis market is projected to grow at a CAGR of 6.5% through 2024.<br />
Increasing Prevalence of Chronic <strong>Kidney</strong> Disease and Adoption of Technologically<br />
Advanced Products Spurring Demand<br />
The preponderance of chronic kidney disease (CKD), aggravated <strong>by</strong> geriatric population and<br />
rising life expectancy, will continue to spur the demand for hemodialysis therapy. Expanding<br />
ESRD patient pool is another factor influencing market growth. Favorable government initiatives<br />
and rising healthcare funding to increase awareness about therapeutic modalities are also<br />
anticipated to boost equipment sales during the forecast period. The introduction of<br />
technologically advanced and user-friendly dialysis equipment and adoption of renal dialysis<br />
over kidney transplantation are key trends impacting the market.<br />
A Sample of this Report is Available Upon Request @<br />
http://www.persistencemarketresearch.com/samples/4487<br />
“Manufacturers will discover lucrative opportunities in pediatric dialysis. In addition, rising<br />
demand for cost-effective equipment in low and middle-income countries will also present<br />
multiple revenue generation channels”.<br />
- Analyst, Life Sciences & Transformational Health, Persistence <strong>Market</strong> Research<br />
Asia Pacific will Remain at the Forefront of Global Demand for <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong><br />
Asia Pacific will remain the largest and the fastest growing market for kidney dialysis equipment<br />
throughout the projected period. Valued at US$ 4.57 Bn currently, the market in APAC is<br />
foreseen to surpass US$ 9.0 Bn <strong>by</strong> the end of 2024, accounting for over 38% market value<br />
share. North America, Europe, and Latin America will be the other key markets globally. While<br />
APAC is expected to thrive at a CAGR of 9.9%, MEA, and Latin America will remain the other<br />
fast-growing markets globally.<br />
By equipment type, hemodialysis equipment will continue to outsell peritoneal dialysis<br />
equipment during the assessed period.<br />
Hemodialysis equipment will capture over 88% market share in 2016 but is anticipated to<br />
lose nearly 100 BPS over the next eight-year period.<br />
Dialyzers are expected to witness the fastest growth during 2016-2024<br />
Peritoneal dialysis segment will gain 100 BPS through 2024, reaching a market share of<br />
over 12% <strong>by</strong> 2024<br />
Within peritoneal dialysis equipment segment, the peritoneal dialysis machine subsegment<br />
will account for highest sales.<br />
North America Wound Debridement Products <strong>Market</strong> <strong>by</strong> 2024
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