The Global Hemodialysis Market accounted for $71.50 billion in 2017 and is expected to reach $99.75 billion by 2025, registering a CAGR of 4.2% during the period 2018–2025.
Rise in a number of ESRD patients, increase in incidence of diabetes and hypertension, shortage of kidneys for transplantation, and surge in funding for improved dialysis products and services are the major drivers of the segments. However, risks and complication associated with dialysis hamper market growth. On the contrary, technological advancements and untapped markets in the developing countries are expected to create lucrative opportunities in the near future.
The report provides an in-depth summary of the market, the scope of the report, and applications of the global hemodialysis market. The study is an outcome of a thorough analysis performed by expert analysts. The report involves revenue comparisons of the key market players with the help of charts, tables, and figures.The hemodialysis market report splits into type, products & services, end user, and geography. Based on the type, the report bifurcates into conventional [3 times per week], daily [6 days a week], and nocturnal [3-6 nights per week]. The nocturnal segment is projected to manifest the fastest CAGR of 4.9% during the study period.
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On the basis of product & services, the report splits into equipment, consumable, drug, and service. The consumable segment is expected to register the fastest CAGR during the forecast period. However, the service segment held the largest market share in 2017, contributing about two-thirds of the total market share.
Based on the end user, the report bifurcates into in-center dialysis and home dialysis. By geography, the report analyzes various regions such as North America, Asia-Pacific, Europe, and LAMEA. The North America region held the largest market share in 2017, owing to the huge population base and well-established healthcare infrastructure. However, Asia-Pacific region is projected to manifest the fastest CAGR of 6.6% through 2025, owing to increase in government initiatives to establish new dialysis centers, the rise in awareness regarding dialysis products, and a surge in number of independent dialysis centers.
The report includes analysis of the major market players including Asahi Kasei Corporation, Baxter International, Inc., DaVita, Inc., Fresenius Medical Care AG & Co. KGaA, Nipro Corporation, B. Braun Melsungen AG, Cantel Medical Corp., Diaverum, Nikkiso Co., Ltd., and NxStage Medical, Inc. They have adopted various strategies such as mergers & acquisitions, collaborations, partnerships, and others to gain a strong position in the industry.
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