Kidney
Dialysis Equipment Market - Overview
The Global Kidney Dialysis Equipment Market is
touted to accumulate USD 16.5 billion at a stupendous 5.7% CAGR during the
assessment period (2018-2023). CKD or chronic kidney disease is a chronic
condition which seriously impacts a patient’s quality of life.
Kidney dialysis is the most preferred treatment
for severe conditions where both the kidneys of a person is damaged but this
treatment is also occasionally used for treating patients with a single damaged
kidney.
Every day, the kidney of a healthy person filters
about 150 quarts of blood. Should an individual’s kidney fail to function
efficiently automatically the waste will get collected in the blood resulting
in coma and even death.
Here dialysis will act as the savior. It will
stop the toxin and waste products formation in the blood. It is an artificial
kidney that is used for filtering the blood of the patient during kidney
failure, kidney dysfunction and kidney damage and for removing surplus
impurities from kidneys.
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There are many factors that is driving the growth
of the kidney dialysis equipment market.
Some of these factors as per the Market Research
Future (MRFR) report include new funding channels in the healthcare sector,
increase in the prevalence of dialysis patients, better healthcare infrastructure,
adoption of latest technologies in dialysis, loss of appetite causing weight
loss, change in sedentary lifestyle, heart failure, growing acidosis, growing
number of ESRD (End Stage Renal Disease Patients), increase in accurate and
cost-effective portable dialysis apparatus, fast growth in geriatric
population, growing frequencies of hypertension and diabetes problems and
preference for dialysis over kidney transplantation.
On the contrary, factors such as difficulties and
risks involved, time consumption, regulations and rules associated with
dialysis, expensive treatments and soaring cost of dialysis procedures may take
a toll on the growth of the kidney dialysis equipment market over the
assessment period.
Leading Key Players
Leading players profiled in the kidney dialysis
equipment market include Hemoclean CO.,
LTD, Teleflex Incorporated, Rockwell Medical, Terumo Corporation, Asahi Kasei
Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation), Mar Cor
Purification, Inc. (A Cantel Medical Company), Nikkiso Co., Ltd., Nxstage
Medical, Inc., Nipro Corporation, Diaverum Deutschland GmbH, B. Braun Melsungen
AG, Baxter International Inc., Davita Healthcare Partners Inc and Fresenius
Medical Care AG & Co. Ka.
Feb 2019- Leading
dialysis service provider, US Renal Care, Inc will be acquired by Investor
Group with an aim to improve the quality of life for those having chronic renal
disease.
April 2018- MRCS
(Malaysian Red Crescent Society) and KDC (Kidney Dialysis Centre) off late has
received accolades for their success to help countless patients in the last 22
years.
Market Segmentation
Market Research Future report offers an all-inclusive segmental
analysis of the kidney dialysis equipment market
on the basis of type, apparatus type and end-user.
Based on type, it is segmented into Continuous Renal Replacement
Therapy (CRRT), peritoneal dialysis and hemodialysis. Hemodialysis is further
segmented into nocturnal hemodialysis, short daily hemodialysis and
conventional hemodialysis.
The Peritoneal dialysis is further segmented into Tidal Peritoneal
Dialysis, Intermittent Peritoneal Dialysis (IPD), Continuous Cycling Peritoneal
Dialysis (CCPD) and Continuous Ambulatory Peritoneal Dialysis (CAPD).
Based on apparatus type, the kidney
dialysis equipment market is segmented into consumables and continuous renal
replacement therapy systems, peritoneal dialysis equipment and hemodialysis
equipment. The hemodialysis equipment we further segmented into vascular access
devices, tunneled hemodialysis catheters, concentrates and solutions, bloodline
system, dialyzers and filters and hemodialysis machine.
The peritoneal dialysis equipment is segmented
into filters, dialyzers, automated peritoneal dialysis machines and
concentrates and solutions. Of these, the hemodialysis equipment will grab the
maximum market share.
Based on end-user, the kidney dialysis equipment
market is segmented into ambulatory services, home care, in-center dialysis
settings and hospitals.
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Kidney
Dialysis Equipment - Regional Analysis
Based on region, the kidney
dialysis equipment market covers growth opportunities and latest trends
across North America, Europe, Asia Pacific and Middle East and Africa. Of
these, North America is likely to command the market owing to the rising
incidence of kidney failure, rising cases of diabetes and hypertension and
higher reusable income amid people.
Europe will have the second biggest share due to advanced medical
compensation and progressive organizations.
The kidney dialysis equipment
market in APAC possess an unprecedented market potential owing to increasing
incidences of kidney failure, increase in disposable income, presence of large
geriatric population and low rates of organ transplantation. The kidney
dialysis equipment market in the Middle East and Africa will have minimal share
owing to low per capita income and stringent government policies.
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