SEATTLE, July 26, 2021, (MEDGADGET) — Global Hemodialysis Market Analysis
Overview
Hemodialysis, often known as dialysis, is a blood purifying procedure used when the human kidneys are unable to do so (due to kidney failure or end-stage renal diseases). Toxic waste products and excess fluids accumulate in the body as a result of end–stage renal disease. In addition, there is a salt and mineral imbalance in the blood. In such circumstances, hemodialysis or a kidney transplant are the best options. Hemodialysis is carried out using a hemodialysis machine. Dialyzer, dialysis solution (sterilized mineral ions), and tubes for conveying blood and dialysis solution are the components of a hemodialysis machine. The blood passes through the tubing and into the machine, where the waste items are removed by the filter and the blood is returned to the body via the thoracic outlet.
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Drivers
The leading players’ strategies of alliances, agreements, mergers, and acquisitions are likely to boost the global hemodialysis market growth. In July 2018, medical device manufacturer B. Braun Medical Inc. purchased the bloodline portfolio business of medical technology firm NxStage Medical Inc. to expand their dialysis product range. B. Braun Medical Inc. will expand its product portfolio by adding “Streamline Express” (bloodline made by NxStage Medical Corporation), a tubing system used in hemodialysis machines.
In addition, in October 2018, Baxter Healthcare Corporation, a medical equipment firm, teamed up with Mayo Clinic, a non-profit medical facility, to open a renal care facility in Florida, U.S. The center’s objective is to help patients with renal disease and to test innovative goods, such as hemodialysis equipment. This might lead to a greater use of hemodialysis equipment by healthcare facilities, boosting the global hemodialysis market.
Furthermore, leading companies are continually working to create novel hemodialysis technology, which is projected to drive the global hemodialysis market forward. Fresenius Medical Care AG & Co. KGaA introduced the 4008A dialysis machine in January 2019. The 4008A dialysis machine is both cost-effective and meets high therapeutic requirements.
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Moreover, Baxter Healthcare Corporation released HDx with Theranova (dialyzer), a hemodialysis machine used in the therapy of end–stage renal illness, in October 2016. The dialysis equipment, according to Baxter Healthcare Corporation, is incredibly efficient and functions similarly to the body’s natural kidneys. It can successfully filter middle–sized molecules as well as smaller ones. As a result, this aspect is forecast to hasten the expansion of the global hemodialysis market.
Regional Insights
Over the projection period, North America is projected to lead the global hemodialysis market. Government and other organizations’ initiatives may have a favorable influence on the hemodialysis market growth in North America. The NAACP (National Association for the Advancement of Colored People), the Alliance for Home Dialysis, and Baxter International Inc., a medical equipment firm, announced in April 2019 that they will run a Dialysis Health Imperative for ACEP (Access, Choice, and Equity program) for the third year. The goal of this program is to promote awareness regarding kidney failure disorders, including the risks involved, treatment choices, and so on. Such measures are projected to boost the global hemodialysis market growth by increasing the usage of hemodialysis therapy.
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Restraints
The hemodialysis process’s side effects may stymie the global hemodialysis market’s expansion. Hemodialysis has potential negative effects, according to the National Health Service of the U.K., as it can partially compensate for poor kidney function. Hypotension, the risk of infection, bone and joint pain, anxiety, sleeplessness, and, in certain situations, sexual dysfunction are all possible adverse effects of hemodialysis. As a result of these negative effects, hemodialysis therapy may be used less often, limiting the global hemodialysis market’s development.
Competitive Landscape
Key companies contributing in the global hemodialysis market are Toray Industries, Inc., KGaA, JMS Co. Ltd., B. Braun Medical Inc., Baxter Healthcare Corporation, Gambro, Nipro Corporation, Fresenius Medical Care AG & Co., Diaverum Deutschland GmbH, and Nikkiso Co. Ltd.
Table of Content
Global Hemodialysis Market Research Report
Section 1: Global Hemodialysis Industry Overview
Section 2: Global Economic Impact on Hemodialysis Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Hemodialysis Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Hemodialysis Market Forecast
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