Press release

Kidney Dialysis Equipment Market to Reach an Opportunity of US$ 22,917.7 Mn by the End of 2026

Kidney Dialysis Equipment Market to Reach an Opportunity of US$ 22,917.7 Mn by the End of 2026

 

 
Transparency Market Research (TMR) has published a new report titled, “Kidney Dialysis Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global kidney dialysis equipment market was valued at US$ 14,673.3 Mn in 2017 is projected to expand at a CAGR of 5.2% from 2018 to 2026. Increase in incidence of CKD & ESRD, rise in awareness about dialysis at home, surge in geriatric population, and technological advancements are major factors that are anticipated to fuel the market from 2018 to 2026. Improved hospital infrastructure in developed regions such as North America and Europe, rising investments by key players in Asia Pacific are key factors that are projected to drive the market during the forecast period.

Report Overview @ https://www.transparencymarketresearch.com/kidney-dialysis-equipment-market.html

Increase in Hemodialysis Centers by Market Players to Boost the In-Center Dialysis Center Segment

Increase in the number of hemodialysis centers by key players, such as Fresenius Kabi, has increased the availability of dialysis treatment at an affordable cost. In the U.S., Fresenius Kabi had more than 2,200 dialysis clinics in 2017, approximately treating 192,964 patients. Fresenius Kabi conducts 575,000 dialysis treatment on approximately 4000 patients every year. Fresenius Kabi has more than 50 dialysis centers across England and Wales.

Rise in Incidence of Chronic Kidney Disease (CKD) & End Stage Renal Disease (ESRD) to Propel the Market

Request a Sample of Kidney Dialysis Equipment Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39359

CKD is a major risk factor for cardiovascular disease, diabetes, hypertension, glomerulonephritis, and aging. CKD may lead to kidney injury and sometimes complete loss of kidney function, thus requiring renal replacement therapy. In 2016, on the occasion of World Kidney Day, a global awareness campaign, estimated that 10% of the worldwide population is affected by CKD. According to the Global Burden of Diseases Study, CKD stood 18th in the global list of causes of total number of deaths in 2010. CKD leads to end-stage renal disease (ESRD), if untreated. The National Kidney Foundation estimated that, in 2015, about 660,000 individuals were suffering from CKD and 468,000 ESRD patients were on dialysis in the U.S. alone. Thus, easy availability of dialysis for kidney disease and high global prevalence of CKD are major factors driving the dialysis equipment market. According to the European Renal Care Providers Association, in 2015, out of 3.2 million patients treated for ESRD, about 2.5 million people underwent dialysis, while 678,000 were living with transplants.

High Cost of Dialysis and Implantable Artificial Kidney to Restrain Market

The WHO states that the general availability of kidney dialysis is reported by 60% of countries worldwide. Its availability is 93% in high-income countries (53 countries). In developing and under-developed countries, the availability is 46% and 27%, respectively. The World Kidney Day campaign states that in developing countries, about one million people die annually due to unaffordable renal replacement. In several countries in Asia, only 10% of the population receives renal replacement therapy and hence, several die without receiving any treatment. Therefore, the high cost of dialysis equipment and services is a major restraint for the kidney dialysis equipment market. The University of San Francisco, California, and Cleveland Clinic initiated the ‘Kidney Project’ in order to build a surgically implantable artificial kidney, known as ‘Cyborg Kidney’. In 2012, the project received fast-track FDA approval and is soliciting active funding. The project is not only a treatment but a cure for millions with CKD. In November 2015, the National Institute of Biomedical Imaging and Bioengineering (NIBIB) offered this project a grant of US$ 6 Mn. Clinical trials for the project are expected to be completed by 2020.

Request Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=39359

Market in Asia Pacific to Witness Exponential Growth

In terms of revenue, the kidney dialysis equipment market in Asia Pacific is expected to expand at a CAGR of 6.1% during the forecast period. According to NCBI, in 2016, it is estimated that approximately 17% of the population in Asia Pacific was suffering from CKD, and increasing investment of key players such as Fresenius Kabi and Baxter International in the market in Asia Pacific market is a key factor boosting the kidney dialysis equipment market in the region.

Baxter International Inc., B. Braun Melsungen AG, Fresenius Kabi AG, NxStage Medical, Inc. and Asahi Kasei Corporation to Lead the Market

The report also provides profiles of leading players operating in the global kidney dialysis equipment market such as Baxter International Inc., B. Braun Melsungen AG, Fresenius Kabi AG, NxStage Medical, Inc., Asahi Kasei Corporation, Nipro Corporation, Terumo Corporation, Rockwell Medical, Teleflex Incorporated, and HEMOCLEAN CO., LTD.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact Us

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...