Dialysis Equipment Market Predicted to Grow at a CAGR of 5.07% During 2017 to 2023

Global Dialysis Equipment Market Size:

In the year 2017, Global Dialysis Equipment Market was valued at USD 16.5 Billion. By the year 2025, it is expected to reach USD 24.5 Billion at a CAGR of 5.07%.

Dialysis machines are used to filter a patient’s blood in a number of situations, including kidney damage, kidney failure, kidney dysfunction, and removing excess content of waste products or impurities from the kidneys. Peritoneal dialysis (PD) is a cure for patients with severe chronic kidney disease. Renal replacement therapy (RRT) is a therapy that replaces the normal blood-filtering function of the kidneys. CRRT is a dialysis modality used to treat critically ill, and hospitalized patients in an intensive care unit who develop acute kidney injury (AKI).

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Underlying Causes

The Global Dialysis Equipment Market is mainly driven due to the factors like increasing aging Population, rising incidence of kidney diseases, increasing number of diabetes and hypertension patients, and technological advancements in healthcare industry. However, factors like low awareness about kidney disease treatment and decreasing medical reimbursements for dialysis treatment are restricting the growth of the market.

Geographic Segmentation:

Based on geography the Dialysis Equipment Market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America is expected to be the dominant market owing to the presence of advanced technology and availability of medical reimbursements. The Asia-Pacific is expected to be the fastest growing market owing to the rising ESRD Patients, rising healthcare expenditure and increasing awareness about dialysis centers among people.

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Key Players:

Leading companies for Global Dialysis Equipment Market are:

GAMBRO AB
ASAHI KASEI CORPORATION
NIPRO INC.
BAXTER INTERNATIONAL INC.
BRAUN MELSUNGEN AG
AKSYS LTD.
TELEFLEX MEDICAL
FRESENIUS MEDICAL CARE AG & CO.
NXSTAGE MEDICAL INC.
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