Global renal dialysis market in 2016 was US$ 17.6 billion. It is expected to grow at a CAGR of 7.1 % and expected to reach US$ 26.6 billion by end of 2023. Renal dialysis is process of detoxification. It is used to remove the toxics substance and excess of the water from the body. It is used when kidney is unable to perform its work. Global renal dialysis market is driven by increasing prevalence of renal diseases and different metabolic diseases. Beside this increasing aging population across the globe is the other factor providing fuel for the growth of the market. On other hand high cost associated with the diseases may responsible for restraining the market growth.
Renal Dialysis Global Market – Overview
Renal Dialysis refers to a process that diffuses blood across a semipermeable membrane and removes substance that a normal kidney would eliminate; including poisons, drugs, urea, uric acid and creatinine. Renal dialysis may restore electrolytes and acid-base imbalances.
The global renal dialysis market is increasing rapidly. According to a recent study report published by the Market Research Future, the global market for renal dialysis is expected to witness a rapid growth in the recent future, in terms of revenue generation. Globally the market for renal dialysis is predicted to grow in the future with a significant rate of CAGR; witnessing an exponential growth crossing its previous growth records by the end of the forecasted period (2016 – 2027). The growing demand of surveillance in industries, education, and healthcare is generating demand for the market growth of smart camera market. As per a study carried out by WHO, more than 190 million patients suffer from chronic renal failure and undergo renal dialysis.
The major factor that derives the growth of renal dialysis is the increasing development in medical devices for dialysis. Furthermore increasing use of digital technology in medical devices and increasing diabetes and hypertension patients are increasing the growth of renal dialysis market.
However, the high cost associated with the renal dialysis devices may hinder with the growth of this market, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 115 pages
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Key Players for Global renal dialysis market
- Baxter International Inc. (US),
- Fresenius Medical Care (German),
- DaVita Healthcare Partners Inc. (US),
- B.Braun Melsungen AG (Germany),
- Medical Care AG & Co.,
- Gambro AB (Sweden),
- Nipro diagnostic Inc. (US),
- Diaverum Deutschland GmbH (Germany),
- KGaA (Germany),
- Covidien (Ireland),
- Nikkiso Co. Ltd. (Japan),
- Asahi Kasei Corporation (Japan),
- NxStage Medical, Inc. (U.S.).
- many more.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Renal dialysis Market Research Report Forecast to 2023”
Global renal dialysis market is segmented
Segmentation on the basis of types in primary dialysis and secondary dialysis. Primary dialysis is further sub segmented into hemodialysis, hemofiltration and peritoneal dialysis. Secondary dialysis is further sub segmented into hemodiafiltration and intestinal dialysis.
On the basis of product this market is segmented as hemodialysis products and peritoneal dialysis products and
On the basis of end user global renal dialysis market is segmented as hospital care and home care.
Due to increasing prevalence of kidney diseases globally many of the companies are in the race of inventing the better treatment for ureteral stents market. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market. The two major companies Fresenius Medical Care and Baxter International Inc. account around 65 % of total market share.
Analyses also include consumption. Import and export data for Regions North America, Europe, China, Japan, Southeast Asia, India.
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Among the Renal dialysis type, hemodialysis is compositing the growth of the market
Currently renal dialysis type such as hemodialysis as of now are been utilized for remove wastes, such as urea, from the blood. It is projected to the largest-share holding segment of the market from the period of 2011 to 2027. Further it also has promising growth rate during the forecast period from 2016 to 2027.
Table of Content
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3 Market Dynamics
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power of Suppliers
4.3 Bargaining Power of Buyers
4.4 Threat of New Entrants
4.5 Threat of Substitutes
4.6 Intensity of Rivalry
5. Global Renal Dialysis Market, By Types
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