Kidney Dialysis Equipment Market to be Surpass US$ 24.5 Billion by 2024

REPORT DESCRIPTION
Increasing Chronic Kidney diseases to underpin rise of Kidney Dialysis Equipment market in
the near future
Chronic kidney disease (CKD) is a chronic condition that seriously affects the
quality of life of the patient. Kidney dialysis is the preferred mode of treatment for
severe conditions wherein both kidneys are damage, though the technique is also
used occasionally for treatment of patients with just one damaged kidney.
Furthermore, there are various renal disorders and normal causes that cause total
renal failure. However, there is no single cause that deteriorates the kidney
function. The damage is usually irreversible and can lead to life threatening
problems. To mitigate such problems, kidney transplant is recommended. This,
however, requires the same blood donor of the kidney to maintain the
compatibility of the transplant with the other vital organs in the body. In some
cases, dialysis or transplantation may become necessary, which can further favor
the rise in growth in kidney dialysis equipment market. Diabetes mellitus is
considered as the most common cause of chronic kidney disease that may lead to
increase in demand for kidney dialysis. According to Scottish Intercollegiate
Guidelines Network, in 2008, the average prevalence has been reported at 11% in
the U.S. and Europe that are excluding those on dialysis or with a functioning
transplant. Growth of geriatric population is one of the major reasons expected to
support growth of the kidney dialysis equipment market in the near future.
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