The global market is estimated to exhibit significant growth owing to rising incidence of chronic renal failures especially among aged people. According to the report, the dialyzers market was accounted for a value of US$ 9344.7 in 2018 and is projected to reach US$ 13707.2 Mn by 2026. The global market is anticipated to expand at a CAGR of 4.9% during the forecast period.
Fortune Business Insights reports that disposable dialyzers accounted for a maximum share in the global dialyzers market in 2018. The demand for disposable dialyzers is expected to increase as these dialyzers can remain functional even after their reuse.
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In addition to this, dialysis centers and hospitals are expected to adopt dialyzers for hemodialysis in the coming years. These end users are likely to account for a higher share in the global dialyzers market during the forecast period. On the other hand, home healthcare is projected to witness high demand in emerging countries owing to a better availability of resources and patient awareness.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Fresenius Medical Care
• Baxter
• B Braun Melsungen
• Nipro Corporation
• Nikkiso Co., Ltd.
• Asahi Kasei Corporation
• JMS Co. Ltd.
• Toray Medical Co. Ltd.
“Baxter and Fresenius to Account for a Significant Share in Overall Market”
Some leading players currently operating in the global dialyzers market include Nipro Corporation, Baxter, Nikkiso Co., Ltd., Fresenius Medical Care, B Braun Melsungen, JMS Co. Ltd., Toray Medical Co., Ltd., and Asahi Kasei Corporation. These companies are increasingly focusing on product launches and developments to strengthen their product portfolio. Furthermore, these strategies are adopted to increase their market share. Baxter and Fresenius Medical Care account for more than half of the share in terms of revenue in the global market for dialyzers.
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“Rising Medical Tourism Offers Growth Opportunities Asia Pacific”
Among regions, Asia Pacific is projected to dominate the global dialyzers market on account of rising healthcare expenditure and improving healthcare infrastructure. Also, rising medical tourism in Asia Pacific is aiding to the expansion of the market. The adoption of hemodialysis machines is likely to rise in developing countries in response to favorable environmental conditions.
Trailing Asia Pacific, North America is anticipated to be the second-leading region as per revenue during the forecast period between 2018 and 2026. The growth of the market in this region is attributable to advanced healthcare infrastructure and rising prevalence of end-stage renal disorders (ESRD).
Market Segmentation:
By Usage Type
• Disposable
• Reusable
By End User
• Dialysis Centers and Hospitals
• Home Healthcare
By Geography
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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“Growing Incidence of Hypertension and Diabetes to Aid Expansion”
“The rising incidence of chronic disorders such as hypertension and diabetes is likely to bolster the growth of the dialyzers market,” stated a lead analyst at Fortune Business Insights. “Governments are increasingly funding improved services and products in dialysis, which in turn, is driving the market,” he added. The high cost associated with kidney transplantation is fueling demand for dialyzers as patients consider dialysis the most convenient treatment option.
The shortfall of kidney donors across the world is impelling patients to prefer dialysis rather than kidney transplantation. As per the study on kidney transplantation conducted by the NHS Blood and Transplant, around 4,757 patients in the U.K. were on waiting list for kidney transplantation in 2018. The advent of technological advancements is estimated to help the dialyzers market grow over the forecast tenure.
Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Prevalence of End-stage Renal Disease
4.2 Prevalence of Chronic Kidney Disease
4.3 Technological Advancements in Dialyzers
4.4 Recent Industry Developments such as Mergers & Acquisitions
4.5 Regulatory Scenario in Key Countries
4.6 New Products Launch
4.7 Reimbursement Scenario
4.8 Key Industry Trends
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