News : Healthcare Contract Manufacturing Market (2020-2023) | Size | Share | Research | Report

 Global Healthcare Contract Manufacturing Market Research Report: Information by Type (Sterile and Non-Sterile), Service Type (Pharmaceutical Contract Manufacturing and Medical Device Contract Manufacturing), Industry (Pharmaceutical Industry, Medical Device Industry and Biopharmaceutical Industry) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2023

 

Overview:

The Global healthcare contract manufacturing market is benefiting much from the growing demand for medicine supplies which is facing a severe crisis from the pending expiration of a lot of generic drugs. The market relies heavily on the outsourcing of the manufacturing process of drugs to contract manufacturers. From drug development to drug manufacturing, a comprehensive platform this healthcare contract manufacturing sector provides. The from drug development to drug manufacturing market is expecting a growth by 9.86% during the forecast period (2017-2023), claims Market Research Future (MRFR). The report ensures a detailed analysis of the segments and driving factors that can assist the market in growth over the review period. 

Among the factors, patent expiration of several drugs can be deemed as one of the chief influencers that can foster the mark

et growth during the forecast period. Emerging economies are demanding for greater percolation as the population boom in those countries have created scope for substantial market expansion. Drug manufacturers are also looking for significant contribution from these companies as number of drugs in the pipeline is getting piled up. Factors such as these are bound to boost the global from drug development to drug manufacturing market.

On the flip side, controlling third parties is quite complex which many manufacturers prefer to avoid. At the same time, clinical trials are becoming more exhaustive and tangled which can deter the healthcare contract manufacturing market from having the expected growth rate over the review period.

Segmentation:

The global healthcare contract manufacturing market can be segmented by type, service type, and industry.

Based on the type, the healthcare contract manufacturing market can be segmented into sterile and non-sterile.

On the basis of the service type, the healthcare contract manufacturing market includes pharmaceutical contract manufacturing services, medical device contract manufacturing services.

Industry-wise segmentation of the healthcare contract manufacturing market includes pharmaceutical, medical device, and biopharmaceutical.

Regional Analysis:

Region-specific analysis of the global healthcare contract manufacturing market includes the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas is in charge of the global healthcare contract manufacturing market. With rising investment in healthcare, the focus is mainly on improving healthcare infrastructure and upgrading research institutions for better technology and others. Subsequently, manufacturers are now relying more on the advanced instruments they have put in use in their factories and manufacturing capabilities. 

Europe assumes the second position in the market and the credit goes to the increased expenditure initiated by the regional governments. The reports published by the Organization for Economic Co-operation and Development (OECD) discloses that Germany spent USD 321 billion in 2014 in the healthcare sector which is a significant marker of the progress the regional market is making at present. 

The APAC is the fastest growing market as major regional economies such as China and India are considerably investing to better their healthcare facilities to lure in patients from all over the world as a part of their medical tourism planning.

Competitive Analysis:

Some of the key players in this healthcare contract manufacturing market are Aesica Pharmaceuticals, Boehringer Ingelheim, AbbVie, Grifols International, S.A, Evonik Industries, Lonza Ag, Catalent, Benchmark Electronics, Flex Ltd, Forefront Medical Technologies, Hamilton Company, Sanmina Corporation, Teva Pharmaceutical Industries, Patheon, Mylan, Vetter Pharma International, and others.

In August 2018, Catalent completed their move to acquire Juniper. This would give the former a new and robust European base to function. Catalent, as the parent company of Juniper, would ensure the supply of Crinone marketed by Merck KGaA. 

In January 2018, Intermountain Healthcare declared their plan to create a non-profit generic drug company as a direct manufacturer or contract manufacturer in collaboration with Ascension, SSM Health, and Trinity Health. 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Worldwide Analysis on Global Ligation Devices Market Size, Share and Report

 Global Ligation Devices Market Report: By Product (Handheld Instruments, Accessories), Procedure (Minimally Invasive Surgery, Open Surgery), and Application (Gastrointestinal and Abdominal, Gynecological, Urological Applications)—Global Forecast till 2024

The global ligation devices market trends is expected to register a CAGR of 6.7% during the forecast period of 2019 to 2024.

Market Research Future (MRFR) recognizes the following companies as the key players in the global Ligation Devices Market that includes Medtronic, Johnson & Johnson, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Olympus Corporation, Applied Medical Resources Corporation, Grena Think Medical, Genicon, Inc.

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Market Highlights
Ligation devices are used during surgeries for closing incisions or to join separated organs/tissue parts. Favorable reimbursement policies, rising healthcare expenditure, an increasing number of surgeries, and growing research and development expenditures are the factors driving the market growth. According to the Centers for Disease Control and Prevention in 2017, Coronary heart disease (CHD) was estimated to be the most common type of heart disease within the US and was projected to cause 370,000 per year. However, the high cost of surgery and related side effects are estimated to restraint the market growth.

Segmentation
The global ligation devices market is segmented based on product, procedure, application, end user, and region.

On the basis of product, the market is segmented into handheld instruments and accessories. Based on procedure, the market is segmented into minimally invasive surgery and open surgery. The application segment is segmented into gastrointestinal and abdominal applications, cardiovascular applications, gynecological applications, urological applications, and others. Based on the end user, the market is segmented into hospitals & clinics, ambulatory surgical center, and others.

Regional Analysis

The Americas dominated the global ligation devices market in 2018. Factors such as increasing healthcare expenditure and the rising incidence of chronic diseases are the major drivers within the region.

In 2018, it was estimated that Europe stood second in the global ligation devices market owing to increasing awareness, government support, development of technologically advanced medical products, and a growing number of surgeries. Moreover, the presence of developed economies (Germany, France, UK) boosts the market growth.

Asia-Pacific was the fastest growing region for the global ligation devices market in 2018. Factors such as increasing healthcare infrastructure, favorable government policies, an increasing number of surgeries and rising medical tourism drive the market growth within the region. According to the Indian Brand Equity Foundation in 2017, the Indian healthcare sector was estimated to be one of the fastest growing industries and is estimated to reach USD 280 billion by 2020 with a CAGR of 22.87% from 2015.

On the other hand, the Middle East and Africa held the least share in the global ligation devices market. Factors such as the presence of poor economies and low per capita income, especially within the African region make the market to lag within the region.

Key Players

Some of the key players in the global ligation devices market are Medtronic, Johnson & Johnson, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Olympus Corporation, Applied Medical Resources Corporation, Grena Think Medical, Genicon, Inc., and others.

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

…..

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Research Report: Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market 2020 |trends, Global trends and Forecast

 Covid19 Impact on Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market 2020- Growth factors, Demand, Current Scenario, Size, Share Investment, Business Opportunities and Challenges

 Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Overview

NASH biomarkers are helpful in the identification of liver damage and the severity of the disease. Non-alcoholic steatohepatitis (NASH) is a kind of non-alcoholic fatty liver disease (NAFLD). This disease leads to risks as dangerous as liver failure. Non-alcoholic steatohepatitis biomarkers global market is projected to grow at nearly 21% rate annually. Growth of this market has seen significant growth. It can arise in future due to the absence of tests for NASH treatment, the rapid increase in related patients, demand for non-surgical procedures and increasing awareness. Governments & non-profit groups are spreading the awareness and are investing in research programs, resulting in the spread of NASH biomarkers market.

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This disease has affected a large population worldwide, and the efforts to search for diagnose has gained pace in the same period. On seeing this, numerous amounts are being invested in research & development programs by governments and other authorities. Now it has become necessary for companies to keep their eyes and ears open to reach for any advancement, as any cure found can help them in gaining hefty profits and the demands would be high at initial stages.

Apart from all these factors, there are some constraints faced by the industry. At present, the treatment cost of NASH biomarkers is quite high, which makes it far away from sight for economically weaker sections of the society and struggling economies. Also, the rules and regulations established by the authorities are holding back the growth of this industry

Market Segments of Non-Alcoholic Steatohepatitis (NASH) Biomarkers

NASH biomarkers global market has two segments:

Types: Hepatic fibrosis biomarkers, apoptosis biomarkers, oxidative stress biomarkers and other are some types of biomarkers available.

End-Users: Pharma and CRO (contract research organisation) industries, hospitals, diagnostic laboratories and others are some types of biomarker users.

Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Regional Overview

There are four major global NASH markets in America, Europe, Asia Pacific and The Middle East & Africa.

On seeing the market trends, the American region is projected to lead the global market. Factors like the rising occurrence of related diseases, governmental initiatives for awareness & development and already established developed healthcare with increasing demands are responsible for such massive growth in this market. Europe is in second place due to the same features mentioned above.

Asia Pacific market will show moderate growth due to rising population, developments & efforts made for better health infrastructure, the increase in the number of patients and large population. Authorities here are making efforts to fight such conditions and hence increasing the market share and new possibilities.

The Middle East and African region will maintain its slow growth due to struggling healthcare facilities, high implementation costs and limited awareness.

Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Key Players

The prominent players in the global non-alcoholic steatohepatitis biomarkers market are BioPredictive (France), Celerion (US), Cisbio (France), Echosens (France), Enterome (France), GENFIT (France), Laboratory Corporation of America Holdings (US), NGM Biopharmaceuticals (US), One Way Liver, SL (Spain), Pacific Biomarkers (US), Prometheus Laboratories Inc (US), Perspectrum Diagnostics Ltd (UK), Quest Diagnostics, Regulus Therapeutics, Inc. (US), Siemens Healthineers (Germany), Shenzhen New Industries Biomedical Engineering Co., Ltd (China), and Xeptagen SpA (Italy)

Recent Industry News

American region will lead the market with maximum cover during the entire projected period. To gross maximum profit and market share, there is a need to continually work on finding new alternatives with less potential threats as the rules and regulations offered are becoming harsh and narrower with time. Apart from the investments and efforts of the authorities, the industry itself needs to search for better diagnostic measures.

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Demand on Global Small Molecule API Market 2020-2023

 Global Small Molecule API Market – Overview

Development in the small molecule API can be attributed due to the growth observed in the pharmaceutical and chemical sector. Market reports linked to the healthcare sector along with published reports on other sectors have been lately made available by Market Research Future, which has also published a report on this market. The industry for small molecule API is anticipated to grow with a CAGR of 7.0 percent while touching revenues worth $279.7 billion in revenue approximately from 2016 to 2027.

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The increasing growth of pharmaceutical sector has been beneficial to the expansion of the small molecule API market. Cardiovascular disorder segment is expected to grow at positively in the forecast period owing to increased consumer demand. The ease of procurement of raw materials has been advantageous to the development of the industry further. The industry is expected to gain momentum with the development of better distribution networks that will accelerate industry growth in the forecast period.

Global Competitive Analysis

The corporate strategy of the competitors in the market is focused currently on capitalizing the dynamic pace of technological innovations which have led to plenty of changes both in terms of product development and handling competition. This particular trend has enabled portfolio improvement along with the affinity for diversification in the sector, which has indirectly enabled the players to use the valuable state of dealings available in this industry. The use of these prospects by contenders, who are trying to cultivate their industry stake by intensive expansion can stimulate the expansion of this industry. The companies are also moreover trying to create and capture financial in a suitable manner. This has elevated the potential for the forthcoming growth period significantly. The strategic decision-making process has increased the productivity of companies so that they maintain their company’s liquidity and sustain feasible to take effective choices in terms of strategy designing and implementation.

A few of the major contenders in this industry are:

• Allergan Plc
• Aurobindo Pharma
• Albemarle Corporation
• Dr. Reddy’s Laboratories Ltd
• Glaxosmithkline Plc
• Cambrex Corporation
• Lonza and more.

Industry Segments 

The Small Molecule API Industry globally has been segmented on the basis of types which include biological API and synthetic/chemical API. On the basis of application the industry is divided into oncology, immunological disorders, cardiovascular, diabetes among others. On the basis of manufacturing method, the industry is divided into contract manufacturing and in-house. 

Detailed Regional Analysis

The small molecule API industry covers five regions majorly such as Latin America, Europe, Asia Pacific, North America, Middle East and Africa. The North American region is the biggest market for the small molecule API industry. The European region is the next largest region for the small molecule API industry. Additionally, the Asia pacific region is estimated to be the most rapidly growing region for small molecule API industry.

Industry Updates:

March 2018 Arcinova, a UK based company, which provides integrated end to end solutions and standalone services to pharmaceutical and biotech companies will now have access to Sterling Pharma Solutions’ scale up and pilot plant assets, which will match the company’s existing abilities. Sterling Pharma Solutions which is also based in UK and is located 28 miles from the Arcinova site. The premises include pilot plant assets that range between 50lt up to 1300lt capacity, with a 5-100kg batch generation capability. The combined service offering will enable Arcinova to ensure technical transfer from grams to 100’s kilogram scale and is intended to guarantee an integrated premises to meet their clients’ drug substance requests, from preclinical up to full scale commercial launch stages. Sterling Pharma Solutions is a provider of small molecule API development and services to the pharmaceutical industry globally.

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NEWS: Spirometry Market Size, Trends and Global Demand

 Spirometry Market Overview:

The global spirometry market is expecting to touch a valuation of USD 1,106.46 million by 2023, according to Market Research Future (MRFR).  The high prevalence of respiratory disorders is the major factor driving the market growth from 2018 to 2023 (forecast period). Rising cases of chronic obstructive pulmonary disorders (COPD), technological advances in respiratory care devices, and the expanding geriatric population are factors expected to spur market demand till 2023. As per a report by Asthma UK in 2016, nearly 1,410 people died from asthma.

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Government initiatives to curtail smoking habits, focus on breathing diseases, rising levels of air pollution, and adoption of spirometers at homes are factors likely to augur market growth. Awareness of reimbursement policies among the public and clinicians are projected to drive patients towards taking these tests. But high costs of spirometers can act as a deterrent against market growth.

Spirometry MarketCompetitive Dashboard:

Key players in the spirometry market include Smiths Medical Inc. (U.S.), Vitalograph (U.K.), MGC Diagnostics Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Schiller AG (Switzerland), COSMED srl (Italy), Midmark Corporation (U.S.), NDD Medical Technologies, Inc. (U.S.), Carefusion Corporation (U.S.), Nihon Kohden Corporation (Germany), and Koninklijke Philips N.V. (The Netherlands).

Spirometry Market Segmentation:

The spirometry market can be segmented by product, technology, application, and end-user.

By product, the market is segmented into table-top spirometry, hand-held spirometry, and desktop (PC) spirometry. The table-top spirometry segment accounted for 49.9% market share in 2017, followed by hand-held (31%), and desktop (19.1%). This can be attributed to adoption of spirometers in hospitals and clinics. But the desktop segment is touted to register the highest CAGR of 10.58% during the forecast period owing to its rapid diagnosis rate and increasing use of computer-based applications.

By technology, the market covers flow measurement spirometry, volume spirometry, and peak flow meters (PFM). The flow measurement spirometry segment accounted for 50.3% share in 2017. This can be attributed to its lightweight nature and compact size. Its functionality based on the familiar table-top spirometer technology and lack of frequent calibration make it popular among clinicians. But the PFM technology can register 10.58% CAGR over the forecast period to reach USD 149.76 million by 2023.

Major applications of the spirometry market include diagnostic and treatment monitoring. The diagnostic segment is further sub-segmented into asthma, interstitial pulmonary fibrosis, and COPD. The diagnostic segment accounted for 68.93% share of the market in 2017, spurred by the prevalence of breathing diseases such as asthma. But the treatment monitoring segment can exhibit the highest CAGR during the review period to reach a valuation of USD 353 million by 2023. Its valuation in 2018 was suggested to be USD 214.12 million.

Key market end-users include hospitals & clinics, research & academic institutes, diagnostic centers, and home care. The home care segment is projected to enjoy a 9.90% CAGR to reach a valuation of USD 71.14 million by 2023 from USD 44.38 million in 2018.

Spirometry Market Regional Analysis:

The spirometry market covers the latest trends and opportunities across Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas accounted for 39.74% share in the global market in 2017, followed by Europe and APAC. This can be attributed to economies such as the U.S. which are the earliest adopters of latest technologies coupled with the large patient pool suffering from respiratory disorders. The region is likely to enjoy a 10.25% CAGR over the forecast period.

The Europe spirometry market is expected to enjoy a CAGR similar to the Americas market over the forecast period to touch a valuation of USD 322.33 million by 2023. This can be credited to rising number of asthma cases and ballooned healthcare expenditure of nations such as Germany and France.

The MEA region can experience a respectable CAGR during the review period owing to improvements of healthcare infrastructure and enhanced healthcare budgets of Kuwait, Qatar, and Dubai.

The APAC region is expected to exhibit a 10.94% CAGR over the forecast period owing to high cases of chronic diseases, awareness of respiratory devices, and increased healthcare budgets of developed nations in the region. The growing geriatric populace in China and Japan can contribute to regional market revenue till 2023.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Latest Research On Myasthenia Gravis Disease Market Size, share and Forecast

 Myasthenia Gravis Disease Market Scenario

Market Research Future (MRFR) proclaims that the global myasthenia gravis disease market is estimated to garner 7.5% CAGR during the forecast period (2017-2023). The surging cases of neuromuscular disorders are estimated to favor the market growth globally. Myasthenia gravis is referred to as a neuromuscular disorder which results in the skeletal muscles to weaken. The disease generally occurs due to the impairment of communication between the nerve cells and the muscles and causes difficulty in the relaxation and contraction of muscles. The antibodies present in the body destroy the receptor for acetylcholine at the neuromuscular joint which prevents the muscles from contracting and performing its normal function.

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Market Potential and Pitfalls

Myasthenia Gravis can occur both in females and males but usually affect the women under 40 years and the aging population from 50 to 70 years. With surging cases of neuromuscular disorders, a growing number of clinical facilities, and raising awareness regarding the treatment line, the global myasthenia gravis disease is considered to receive a boost. The increasing occurrences of autoimmune disorders, rising spending on healthcare, and a strong pipeline in the treatment are some of the factors contributing to the growth of the market. The surging cases of myasthenia gravis can impact the quality of life, which further fosters its growth. With the growth in R&D activities, the myasthenia gravis disease market is likely to experience a thrust. Moreover, the rising adoption of novel therapies coupled with the favorable reimbursement policies especially in the developed economies has promoted its growth worldwide.

On the contrary, the ignorance symptoms and signs coupled with the high cost of treatment are some of the top barriers vitiating the market growth across the globe. Moreover, the limited availability of FDA approved drugs is estimated to deter the market growth in the long run.

Global Myasthenia Gravis Disease Market: Segmental Analysis

The global myasthenia gravis disease market has been segmented on the basis of treatment, diagnosis, and end-user.

By mode of diagnosis, the global myasthenia gravis disease market has been segmented into blood tests, imaging, edrophonium tests, electrodiagnostic, pulmonary function tests, and others.

By mode of treatment, the global myasthenia gravis disease market has been segmented into surgery, medication, plasmapheresis and intravenous immunoglobulin, autologous Hematopoietic Stem Cell Transplantation (HSCT), and others.

By mode of end-users, the global myasthenia gravis disease market has been segmented into clinics, hospitals, academic research institutes, and others.

Reginal Insights

Geographically, the myasthenia gravis disease market span across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.

Considering the global scenario, the American region is estimated to command the largest market share. The growth is ascribed to the surging number of drug manufacturers, increased government funding for the treatment, and growing awareness regarding the long-term effects of muscle dystrophy. Major companies in this region are launching FDA approved drugs which have augmented the commercial access to such drugs on a global scale.

The European region is considered to occupy the second spot and is likely to retain its pole position in the long run. The growth can be ascribed to the adoption of the latest therapies, high availability of advanced treatment facilities, and the presence of skilled medical professionals.

The Asia Pacific region is estimated to be the fastest growing region due to the presence of a large geriatric population base especially in economies like China and Japan. The surging awareness regarding the long-term effects of muscular dystrophies has further contributed to the market growth. Moreover, the rising awareness regarding neuromuscular disorders coupled with the vast improvement made in the healthcare sector in economies like China, India, Malaysia, and Indonesia has further influenced the market growth to a large extent.

Industry Updates

April 01, 2019: Ra Pharmaceuticals, Inc. has recently declared that the data from its Phase 2 clinical trial of zilucoplan for treating generalized myasthenia gravis has been selected for an Emerging Science dual oral and poster presentation at the American Academy of Neurology Annual Meeting in Philadelphia, 2019.

Competitive Dashboard

The prominent players operating in the global myasthenia gravis disease market comprises AbbVie Inc. (U.S.), F. Hoffmann Roche La Ltd. (Switzerland), Biogen Inc. (U.S.), Fresenius Kabi (Germany), Cipla (India), Sun Pharmaceuticals Industries Ltd. (India), Piramal Healthcare (India), Apotex Corporation (Canada), RPG Life Sciences (India), Teva Pharmaceutical Industries Ltd. (Israel), Bristol-Myers Squibb Company (U.S.), Valeant Pharmaceuticals International (U.S.), Novartis Pharmaceuticals Corporation (Switzerland), GlaxoSmithKline plc (UK), and others.

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Kidney Dialysis Equipment Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Region

 Kidney Dialysis Equipment Market Overview

Global kidney dialysis equipment market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 5.7%, surpassing a valuation of USD 16.5 billion during the forecast period (2018-2023).

Kidney dialysis can be referred to as an artificial technique of maintaining the chemical balance in the blood during kidney failure. Kidneys help to remove body waste, thereby maintaining the blood pressure of the body and create red blood cells, thus ensuring a proper amount of mineral content. Dialysis is the process where the components of the blood are separated by using a semipermeable membrane.

The kidney dialysis equipment market has witnessed a tectonic surge in the past few years, mainly due to the soaring preferences for dialysis over kidney replacement. Factors such as advancing technology and the ever-increase geriatric population are the primary growth stimulants of the market. Advanced technologies in the medical industry are highly encouraging the market growth across the globe. The surging number of dialysis care centers from major players like Davita and Fresenius Medical Care has made treatment available at a much lower cost. This has created new growth opportunities for the market.

On the contrary, the high cost of dialysis, the dearth of compensation, and complications associated with dialysis are some of the major concerns likely to deter the market growth in the years to come.

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Global Kidney Dialysis Equipment Market: Segmental Analysis

By type, the market is classified into peritoneal dialysis, hemodialysis, and continuous renal replacement therapy (CRRT). Of these, the hemodialysis segment dominates the market due to surging prevalence of terminal kidney failure among the population.

Based on the apparatus type, the market comprises peritoneal dialysis equipment, hemodialysis equipment, and consumables and continuous renal replacement therapy systems. Of these, the hemodialysis equipment segment is likely to grab the major share mainly due to higher accessibility of HD centers, rising number of community dialysis centers, and improved reimbursement coverage. Also, increased awareness and physician expertise to administer HD, and other related socio-demographic factors are likely to encourage the market growth in the segment.

The end users segment constitutes clinics, hospitals, home care, in-center dialysis settings, and ambulatory services. Of these, the in-center dialysis settings segment acquire the larger share owing to the rising number of dialysis centers worldwide, high availability of healthcare professionals in dialysis centers, and new product launches.

Kidney Dialysis Equipment Market Regional Frontiers

Geographically, the kidney dialysis equipment market spans across the Asia Pacific, North America, Europe, and the Middle East & Africa.

Considering the global scenario, North America is predicted to dominate the global market in terms of revenue share. It is home to some of the leading manufacturers who have specialized the dialysis treatment machines by several intercessions, thereby solving complications. Moreover, the surging healthcare expenditure in Canada has created new growth avenues for the regional market.

The kidney dialysis equipment market in Europe is estimated to acquire the second position, mainly due to soaring expenses on research, declining human health, technological advancements, and surging need for effective and innovative therapies.

The market in the Asia Pacific will witness considerable growth owing to the surging number of dialysis center, increasing number of patient population in the region, and initiatives undertaken by the government in order to produce cost-effective treatment methods. The enhanced healthcare economy in the region will further create better growth ambiance for the kidney dialysis equipment market.

Kidney Dialysis Equipment Industry Updates

September 2019: Almost half a million of the American population is anticipated to live with kidney failure, and the rest continue their dialysis their entire life. Texas hospital is using a new technology that can make treatments comfortable and faster at home. The new device developed has been termed Tablo, and is a portable dialysis machine, designed to work as simple as a smartphone application.

Kidney Dialysis Equipment Market Competitive Dashboard

The top players operating in the kidney dialysis equipment market include Davita Healthcare Partners Inc., Fresenius Medical Care AG & Co. Ka, B. Braun Melsungen AG, Baxter International Inc., Nipro Corporation, Diaverum Deutschland GmbH, Nikkiso Co., Ltd., Nxstage Medical, Inc., Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation). Terumo Corporation, Mar Cor Purification, Inc. (A Cantel Medical Company), Teleflex Incorporated, Rockwell Medical, and Hemoclean CO., LTD.

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