Stratview Research has published a new report titled “Dialysis Machines Market” which is segmented By Type (Hemodialysis [Conventional Hemodialysis, Short Daily Hemodialysis, Nocturnal Hemodialysis], Peritoneal Dialysis [Continuous Ambulatory Peritoneal Dialysis, Automated Peritoneal Dialysis), By Equipment (Dialysis Machines, Water Treatment Systems, Others), By Dialysis Machines (Dialyzers, Catheters, Others), By Disease Type (Chronic, Acute), By End Use (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Setting), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the Dialysis Machines Market is projected to grow at a healthy CAGR of over 5.3% during the forecast period.
These machines can act as an artificial kidney. In 2018, around 2 million people worldwide were suffering from End-Stage Renal Disorder (ESRD) as per a study conducted by the University of California. In the US alone, the disease is spreading at an annual rate of 5%. These soaring statistics are driving the demand for dialysis equipment for fast and effective kidney treatment. A dialysis machine is used in dialysis which filters the patient’s blood to remove excess water and waste products when the kidneys are dysfunctional, damaged, or missing.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It thoroughly analyzes the market segments, including products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Type Trends
Based on type, the global dialysis machines market has been bifurcated into hemodialysis and peritoneal dialysis.
- Among these, the peritoneal dialysis segment witnessed a significant market share in 2020 and is likely to grow at the fastest CAGR during the forecast timeline.
- This is mainly ascribed to a higher level of patient comfort, high operating flexibility, and a dramatic reduction in treatment cost of peritoneal dialysis is expected to augment the growth of the segment in the following years.
Which Region is expected to remain the largest market?
By region, the North American market garnered the largest market share in 2020 and is estimated to grow at a steady CAGR during the assessment period.
- This can be attributed to rising healthcare expenditure, advanced healthcare infrastructure, and improved healthcare infrastructure in the region are driving the market in North America.
- Moreover, a large pool of people suffering from end-stage renal and kidney problems coupled with good reimbursement policies will further propel the regional growth.
Who are the Key Players in the market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players and those willing to enter the market.
The following are the key players acting in the Dialysis Machines Market:
- Fresenius Medical Care AG & Co. KGaA (Germany)
- DaVita Inc. (The U.S.)
- Baxter (The U.S.)
- B. Braun Melsungen AG (Germany)
- NIPRO (Japan)
- Cantel Medical (The U.S.)
- Nikkiso Co., Ltd. (Japan)
- Diaverum (Sweden)
- Asahi Kasei Medical Co., Ltd. (Japan)
- Medtronic (Ireland)
Key questions answered by the report.
- What is the projected CAGR for revenue from the Dialysis Machines Market during the forecast period?
- What would the market be valued at by 2026?
- What is a major driving factor for the growth of the market?
- Which region accounted for the largest revenue share in the Dialysis Machines Market?
- Which are the major market players?
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