According to Fortune Business Insights™, the hemodialysis equipment market was valued at US$11,471.6 Mn in the year 2017 and is anticipated to be worth US$ 16,321.6 Mn by 2026. Further to this, the market for hemodialysis equipment is expected to rise at a CAGR of 4.5% during the forecast period. As per the National Kidney Foundation report 2016, more than 1 lakh patients are awaiting kidney transplants in the U.S. This shortage for kidney transplants act as a potential growth trigger in the market. This shows that the market scope is likely to increase.
Highlights of the Report:
- In-depth analysis of various insights, namely, Hemodialysis Equipment Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Hemodialysis Equipment Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Key Players Operating in The Hemodialysis Equipment Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Fresenius Kabi AG
- Baxter International Inc.
- Braun Melsungen AG
- NIPRO CORPORATION
- Nikkiso Co., Ltd.
- Asahi Kasei Corporation
- TORAY INDUSTRIES, INC.
- JMS Co., Ltd.
Quanta Launches a Personalized Hemodialysis Machine to Ease Patient’s Life
The hemodialysis equipment market share is set to increase as hemodialysis helps in the effective treatment of kidney diseases. Rapid technological advancements in the healthcare sector are driving the hemodialysis equipment market growth.
Earlier the hemodialysis equipment was difficult to use, but now with technological upliftment, hemodialysis machines have become more flexible, user-friendly, and reliable. Introduction of a new-generation machine called home hemodialysis equipment is clean and easier to set at home. These machines offer better and comfortable patient experience. For instance, NxStage Medical’s NxStage-System One dialysis machine is simple to use and easy to set up.
Furthermore, it is easy to transport as patients can take it along anywhere they go. Quanta launched a personalized home hemodialysis equipment called SC+ in 2017. This machine can be used in clinics as well as homes with improved ergonomics.
The market in North America is expected to register growth at a considerable rate in the forecast period. Favorable healthcare reimbursement policies and presence of a well-established healthcare infrastructure will give tailwinds to the market in North America. The hemodialysis equipment market size is expected to reach new heights owing to growing awareness about the benefits associated with hemodialysis in Europe. The market is likely to witness potential growth opportunities as the availability of hemodialysis machine increases in Europe. Other regions such as Latin America and the Middle East & Africa are estimated to grow considerably in the forecast period.
Market Segmentation:
By End User
- Dialysis Centers & 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 (GCC, South Africa, and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Hemodialysis Equipment Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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Reasons to Purchase this Report:
- Comprehensive analysis of the Hemodialysis Equipment Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Hemodialysis Equipment Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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