(PharmaNewsWire.Com, July 14, 2017 ) Dialysis is the process of removing waste products and excess water from blood. Dialysis is generally used when kidneys aren’t functioning properly or in case of kidney failure. It is regarded as the supporting measure until kidney transplant is performed or as an alternative measure for the life time incase kidney transplant is not possible. All the equipment used in this process is called Dialysis Equipment.
Some of the major drivers like increasing aging Population, rising incidence of kidney diseases, increasing number of diabetes and hypertension patients, and technological advancements in healthcare industry are driving the market. However, factors like low awareness about kidney disease treatment and decreasing medical reimbursements for dialysis treatment are restricting the growth of the market.
Europe Dialysis Equipment market is segmented based on Type and End User. Based on Type, market is segmented into Hemodialysis Equipment, Peritoneal Dialysis Equipment, Continuous Renal Replacement Therapy Systems, Dialysis Accessories. Based on Hemodialysis Equipment, market is further segmented into Hemodialysis Machines, Dialyzers, Blood Access Device Dialysate. Based on Peritoneal Dialysis Equipment, market is further segmented into Continuous Cycling Peritoneal Dialysis, Continuous Ambulatory Peritoneal Dialysis, Intermittent Peritoneal Dialysis. Based on End User, market is segmented into In-center Dialysis, Home care Dialysis. Hemodialysis segment dominates the market with over 88 % of the market share with dialyzers as its major segment during the forecast period. This is because of this method’s lower risk of infections. Peritoneal Dialysis Equipment is expected to grow at the fastest CAGR owing to the self-administrable and needleless treatment. In End User segment, Home care segment is expected to witness faster growth during the forecast period.
Geographically, market is segmented into UK, Spain, Germany, Italy and France. Europe is the second largest market after North America owing to the advanced infrastructure and higher medical reimbursement.
This report also provides market strategies of key players like Fresenius Medical Care AG & Co., Gambro AB, Baxter International Inc., Nipro Inc., ALLMED Medical GmbH, Asahi Kasei Corporation and others.
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