Kidney Dialysis Equipment Market to be Surpass US$ 24.5 Billion by 2024
Kidney Dialysis Equipment Market report categorizes global 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
Kidney Dialysis Equipment Market report categorizes global 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
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<strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>Surpass</strong><br />
<strong>US$</strong> <strong>24.5</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong><br />
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REPORT DESCRIPTION<br />
Increasing Chronic <strong>Kidney</strong> diseases <strong>to</strong> underpin rise of <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> market in<br />
the near future<br />
Chronic kidney disease (CKD) is a chronic condition that seriously affects the<br />
quality of life of the patient. <strong>Kidney</strong> dialysis is the preferred mode of treatment for<br />
severe conditions wherein both kidneys are damage, though the technique is also<br />
used occasionally for treatment of patients with just one damaged kidney.<br />
Furthermore, there are various renal disorders and normal causes that cause <strong>to</strong>tal<br />
renal failure. However, there is no single cause that deteriorates the kidney<br />
function. The damage is usually irreversible and can lead <strong>to</strong> life threatening<br />
problems. To mitigate such problems, kidney transplant is recommended. This,<br />
however, requires the same blood donor of the kidney <strong>to</strong> maintain the<br />
compatibility of the transplant with the other vital organs in the body. In some<br />
cases, dialysis or transplantation may <strong>be</strong>come necessary, which can further favor<br />
the rise in growth in kidney dialysis equipment market. Dia<strong>be</strong>tes mellitus is<br />
considered as the most common cause of chronic kidney disease that may lead <strong>to</strong><br />
increase in demand for kidney dialysis. According <strong>to</strong> Scottish Intercollegiate<br />
Guidelines Network, in 2008, the average prevalence has <strong>be</strong>en reported at 11% in<br />
the U.S. and Europe that are excluding those on dialysis or with a functioning<br />
transplant. Growth of geriatric population is one of the major reasons expected <strong>to</strong><br />
support growth of the kidney dialysis equipment market in the near future.<br />
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REPORT DESCRIPTION<br />
Global <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong>: Segmentation<br />
Global <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong><br />
By <strong>Equipment</strong>:<br />
• Hemodialysis<br />
• Machines<br />
• Dialyzers<br />
• Bloodlines<br />
By End User:<br />
• Home Care Settings<br />
• In-Clinics/<strong>Dialysis</strong> Centers<br />
By Geography:<br />
• North America<br />
• Europe,<br />
• Asia Pacific, Latin America, Africa, and Middle East<br />
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Global <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong>: Dynamics<br />
According <strong>to</strong> the National <strong>Kidney</strong> Foundation, around 10% of the global population<br />
is affected <strong>by</strong> chronic kidney disease (2015). According <strong>to</strong> the University of<br />
California, incidence of end stage renal disease (ESRD) in the U.S. is 5% annually,<br />
while only 20% of kidney donors are available every year. The need for kidney<br />
donors in the U.S. is increasing <strong>by</strong> 8% annually. Globally, Taiwan, U.S., Japan,<br />
Mexico, and Belgium are the countries with highest prevalence of ESRD.<br />
Considering the staggering statistics of kidney donors and incidence of ESRD and<br />
CKD, the dialysis equipment market is poised <strong>to</strong> grow at a considerable growth<br />
during the forecast period. Although market for hemodialysis is high, demand for<br />
peri<strong>to</strong>neal dialysis is increasing as it offers convenience of undergoing the<br />
treatment at home.<br />
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REPORT DESCRIPTION<br />
Global <strong>Kidney</strong> <strong>Dialysis</strong> <strong>Equipment</strong> <strong>Market</strong>: Key Players<br />
• Baxter International, Inc.<br />
• Fresenius Medical Care AG & Co.<br />
• Nipro Corporation<br />
• B. Braun Melsungen<br />
• Nikkiso Co, Ltd.<br />
• Asahi Kasei Corporation<br />
• NxStage Medical, Inc.<br />
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