The Renal Dialysis Involves the artificial elimination of toxic substance generated by the body in case of impaired function of kidney or completes failure. Global Renal Dialysis Market was valued at USD 17.6 Billion in 2016 and is expected to reach at USD 26.6 Billion till 2023 at a CAGR of 7.1% during forecasted period 2017-2023.
Renal Dialysis Market Scenario:
Renal dialysis is the process of removing the toxic substance like urea and creatinine from the body. During impair function of kidney caused due to acute or chronic renal diseases this method is one of the lifesaving treatment for a patient. Global renal dialysis market is driven by continuously increasing prevalence of the kidney and other associated renal diseases. On other hand due to high cost of treatment and complication after the treatment may restrain the growth of the market.
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Renal Dialysis Market Segmentation:
To generate a detailed understanding of the market across the report has been segmented on basis of types, products, end user and regions.
Types – primary dialysis and secondary dialysis. Primary dialysis is further trifurcated into hemodialysis, hemofiltration and peritoneal dialysis. Secondary dialysis is further bifurcated into hemodiafiltration and intestinal dialysis
Product – hemodialysis products and peritoneal dialysis products.
End user – hospital care and home care.
Research and Development (R&D) Companies
Dialysis equipment manufacturing companies
Medical Research Laboratories
Academic Medical Institutes and Universities
Government and Independent Research Laboratories
Contract Research Organizations (CROs)
Major Players for Global Renal Dialysis Market:
The leading players in the market are Nikkiso Co. Ltd., DaVita Healthcare Partners Inc., Asahi Kasei Corporation, B. Braun Melsungen AG, Covidien, Diaverum Deutschland GmbH, Fresenius Medical Care, Medical Care AG & Co., Gambro AB, Baxter International Inc., Nipro diagnostic Inc., NxStage Medical, Inc. and others.
Regions – North America, Europe, Asia Pacific and Middle East and Africa.
Renal Dialysis Market Regional Analysis:
North America led by the U.S. commands the largest market share of the global renal dialysis market owing to large healthcare expenditure, presence of specialty hospitals, excellent reimbursement rates for renal dialysis treatment and others.
Europe led by Germany, France and U.K. secured the second position owing to developed healthcare infrastructure and large income. The advanced medical devices industry of Germany is another determinant for the dominance of Europe.
Asia Pacific is expected to be the fastest growing market led by Japan China, India and South Korea. Middle East and Africa are expected to generate moderate growth skewed in favor of Gulf economies of Saudi Arabia, UAE, and others owing to their expansion of healthcare infrastructure and large public expenditure on healthcare.
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