Dialysis machines are artificial kidneys that perform kidney functions for patients who have permanent or temporary renal failure.
Dialysis machines use to cleanse the blood and balance its constituents. By the help of this process, the patient blood is circulated through the machine where it is filtered and balance for electrolytes, pH, and fluid concentration before being returned to the patient. One common problem with kidney failure is water retention, therefore it is common for the process to remove several pints of fluid from the blood of the patient.
Chronic kidney disease is defined as a reduced glomerular filtration rate, increased urinary albumin excretion, or both, and is an increasing public health issue. Prevalence is estimated to be 8-16% worldwide. Worldwide, diabetes mellitus is the most common cause of chronic disease, but in some region other causes, such as herbal and environmental toxins are more common.
Dialysis Equipment Market: Drivers and Restraints
Presently, dialysis equipment global market is driven by the aging population, by increasing incidence of end-stage kidney disease, a rising incidence of diabetes and hypertension.
Dialysis equipment global market is drives by the aging population, technological advancement in healthcare industry, increasing incidence of kidney disease, and increase in the number of diabetic and hypertension patients globally, and due to the shortage of kidney donors for transplantation. However, factors such as low awareness about kidney disease and their modalities, reduction in Medicare reimbursement to dialysis centers act as a major barriers for this market.
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Dialysis Equipment Market: Segmentation
Global dialysis equipment market is segmented into following types
- Hemodialysis Equipment
- Hemodialysis Machines
- Dialyzers (Artificial Kidney)
- Blood Access Device Dialysate
- Peritoneal Dialysis Equipment
- Continuous Cycling Peritoneal Dialysis (CCPD)
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Intermittent Peritoneal Dialysis
- Continuous Renal Replacement Therapy Systems
- Dialysis Accessories
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Dialysis Equipment Market: Overview
With rapid technological advancement in healthcare industry, increase in aging population, and increasing incidence of kidney disease, the global dialysis equipment market is expected to have healthy growth rate in the forecast period (2015-2025).
Dialysis Equipment Market: Region-Wise Outlook
Depending on geographic regions, the dialysis equipment global market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
Due to the high population developing regions such as Asia-Pacific (Japan, China, and India) is expected to form new revenue generating pockets for the market players.
Dialysis Equipment Market: Key Players
Some of the key participating major players in dialysis equipment global market are Fresenius Medical Care AG & Co., Gambro AB, Baxter International Inc., Nipro Inc., ALLMED Medical GmbH, Asahi Kasei Corporation and others.