(PharmaNewsWire.Com, August 13, 2018 ) According to a new market research report "Dialysis Equipment Market by Type (Hemodialysis Equipment (Hemodialysis Machines, Dialyzers, Blood Access Device Dialysate), by Peritoneal Dialysis Equipment (Continuous Cycling Peritoneal Dialysis, Continuous Ambulatory Peritoneal Dialysis, Intermittent Peritoneal Dialysis), Continuous Renal Replacement Therapy Systems, Dialysis Accessories), by End user (In-center Dialysis, Home care Dialysis), & by Region - Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2018-2023)", published by MarketDataForecast™, the market is expected to USD 17.01 billion in 2018 and is expected to reach USD 23.31 billion by 2023 with a CAGR of 6.5 %.
Dialysis Equipment is used to artificially perform the functions of a kidney like expelling overabundance of water and harmful materials in case the kidneys are malfunctioning. It cleanses the impurities from the blood and redirects the pure blood back into the system. In majority cases of kidney failure patients use dialysis equipment at a medical facility. Inside, it comprises of more plastic tubing that conveys the expelled blood to the dialyser, a heap of empty strands that structures a semi-permeable layer for sifting through contaminations. In the dialyser, blood is diffused with a saline arrangement called dialysate, and the dialysate is thusly diffused with blood. Now-a-days medical sciences have advanced to provide treatment for kidney at home failure through hemodialysis using which the patients can conduct their dialysis themselves.
Factors like increasing cases of kidney infections, increasing elderly population, and growing accounts of diabetes are helping the market to thrive. However, factors like resistance towards new medical practices and absence of funding from government will restrain the market growth.
North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Some of the significant players in the Dialysis Equipment Market include Fresenius Medical Care AG & Co., Gambro AB, Baxter International Inc., Nipro Inc., ALLMED Medical GmbH, Asahi Kasei Corporation and others. Further Key findings from the Report Suggest: • By Type, Hemodialysis segment lead the global market accounting to nearly 88% of the market share. • Peritoneal Dialysis segment is expected to witness major growth. • By End User, Home care Dialysis is forecasted to be the dominating segment. • With respect to region, major share of the market is located in North America. • Growing acceptance of new medical procedures and rising economies of countries like India and china are expected to drive Asia-Pacific Dialysis Equiment market at high growth rate. The scope of the report provides: • The evaluation of the current market for your product or services and the future implications of the market • Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future • Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment • Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share • The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces • The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors • Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments • Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence • Equip you with the information providing with the investment opportunities in the industry Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
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