Hemodialysis Machine Market Opportunities, Growth and Segment Forecast to 2025
The global hemodialysis machine market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including pharmaceutical, personal healthcare, and medical device.
The global hemodialysis machine market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including pharmaceutical, personal healthcare, and medical device.
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<strong>Hemodialysis</strong> <strong>Machine</strong> <strong>Market</strong> <strong>Opportunities</strong>, <strong>Growth</strong><br />
<strong>and</strong> <strong>Segment</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2025</strong><br />
The global hemodialysis machine market is expected <strong>to</strong> witness significant<br />
growth over the forecast period.<br />
The Global <strong>Hemodialysis</strong> <strong>Machine</strong> <strong>Market</strong> is expected <strong>to</strong> witness significant growth over the<br />
forecast period owing <strong>to</strong> rising dem<strong>and</strong> from end-user industries including pharmaceutical, personal<br />
healthcare, <strong>and</strong> medical device. Furthermore, growing prevalence of cardiovascular diseases<br />
including coronary artery disease, hypertension, <strong>and</strong> cardiac aneurysms is anticipated <strong>to</strong> drive the<br />
market growth over the next eight years. In addition, the growing adoption of hemodialysis machine<br />
for diabetes, <strong>and</strong> end-stage renal diseases is further projected <strong>to</strong> propel the sec<strong>to</strong>r dem<strong>and</strong> over the<br />
forecast period.<br />
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The market is projected <strong>to</strong> witness proliferated dem<strong>and</strong> over the next eight years owing <strong>to</strong><br />
increasing application in curing coronary artery disease, rising need <strong>to</strong> diagnose kidney failure <strong>and</strong>
growing utilization in high blood sugar patients have age-related issues. However, high initial setup<br />
cost coupled with rising fluctuation in the raw material prices has enabled the market <strong>to</strong> witness<br />
hindered growth over the next eight years.<br />
The market is segmented by product in<strong>to</strong> centre-use hemodialysis machines, home-use<br />
hemodialysis machines, <strong>and</strong> others. This centre-use hemodialysis machine segment was accounted<br />
for a major market share in 2015 <strong>and</strong> it is projected <strong>to</strong> witness similar trend by 2024 owing <strong>to</strong><br />
growing applications from independent dialysis centres <strong>and</strong> hospitals. On the other h<strong>and</strong>, home-use<br />
hemodialysis machine is anticipated <strong>to</strong> report the fastest growth over the next eight years primarily<br />
due <strong>to</strong> increasing dem<strong>and</strong> for home hemodialysis <strong>and</strong> peri<strong>to</strong>neal dialysis.<br />
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The hemodialysis machine market is highly competitive primarily <strong>to</strong> the presence of several<br />
domestic <strong>and</strong> international suppliers. Though, the sec<strong>to</strong>r has the presence of various new players,<br />
who face difficulty in competing with other major companies in terms of functionalities, features,<br />
quality, <strong>and</strong> services. Over the forecast period, the growing new product development activities<br />
coupled with increasing adoption of new technologies for achieving operational efficiency has<br />
enabled the competition <strong>to</strong> become more aggressive. On a contrary, few major players through<br />
continuous R&D endeavors coupled with growing expertise knowledge in the industry have enabled<br />
them <strong>to</strong> witness competitive edge, thus propelling the overall growth of the sec<strong>to</strong>r over the next<br />
eight years.<br />
North America <strong>and</strong> Europe are anticipated <strong>to</strong> witness major market share over the forecast period<br />
owing <strong>to</strong> the growing number of independent dialysis centres coupled with rising government<br />
initiatives <strong>to</strong> develop better dialysis facilities. Asia Pacific is anticipated <strong>to</strong> account for fastest<br />
growth over the forecast period primarily due <strong>to</strong> the increasing ESRD patient population base<br />
coupled with growing awareness among end users regarding new developments in the dialysis<br />
treatment modalities. India, China, <strong>and</strong> Japan are anticipated <strong>to</strong> witness the highest share in the<br />
region majorly owing <strong>to</strong> the rising disposable income coupled with growing foreign investments.<br />
The Middle East & Africa is projected <strong>to</strong> see significant growth by 2020 mainly owing <strong>to</strong> increasing<br />
urbanization, industrialization, <strong>and</strong> globalization. The sec<strong>to</strong>r has huge potential in this region<br />
primarily owing <strong>to</strong> rising per capita income <strong>and</strong> foreign investments.
Key players in the market include DaVita Healthcare Partners Inc. (U.S.), Fresenius Medical Care AG<br />
& Co. KGaA (Germany), B. Braun Melsungen AG (Germany), Baxter International, Inc. (U.S.) <strong>and</strong><br />
Nipro Corporation (Japan). Few other companies in the hemodialysis industry include Nikkiso Co.<br />
Ltd. (Japan), Diaverum Deutschl<strong>and</strong> GmbH (Germany) <strong>and</strong> NxStage Medical, Inc. (U.S.). The market<br />
is highly consolidated having more than 35% market share by major players. The major players<br />
generally tend <strong>to</strong> retain their market share through new product development <strong>and</strong> through<br />
attaining operational efficiency. These players through continuous R&D endeavors focus on building<br />
a wide distribution network that supports the overall market <strong>to</strong> report significant growth over the<br />
forecast period. Companies through strategic expansions <strong>and</strong> mergers & acquisitions have been<br />
trying <strong>to</strong> cater large volume of cus<strong>to</strong>mers with products that are cost-effective <strong>and</strong> high quality.<br />
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<strong>Market</strong> <strong>Segment</strong>:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, consumption,<br />
revenue (million USD), market share <strong>and</strong> growth rate of <strong>Hemodialysis</strong> <strong>Machine</strong> in these regions,<br />
from 2013 <strong>to</strong> <strong>2025</strong> (forecast), covering<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
Global <strong>Hemodialysis</strong> <strong>Machine</strong> market competition by <strong>to</strong>p manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the <strong>to</strong>p players including<br />
• Fresenius<br />
• Nikkiso<br />
• Diaverum Gambro<br />
• Asahi Kasei<br />
• Nipro<br />
• B.Braum<br />
• Nxstage
• Toray<br />
• Bellco<br />
• Allmed<br />
• WEGO<br />
• JMS<br />
• Shanwaishan<br />
Read Detail <strong>Market</strong> Research Report @<br />
https://www.millioninsights.com/industry-reports/hemodialysis-machine-market<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong><br />
growth rate of each type, primarily split in<strong>to</strong><br />
• Single Pump <strong>Hemodialysis</strong> <strong>Machine</strong><br />
• Double Pump <strong>Hemodialysis</strong> <strong>Machine</strong><br />
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, consumption (sales), market share <strong>and</strong> growth rate for each application,<br />
including<br />
• Hospital<br />
• Clinics<br />
• Nursing Home<br />
• Others
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