An IT Solution for Dialysis uses a semipermeable membrane to separate wastes and excess fluid from the body. A dialysis solution contains many of the same minerals as healthy blood, and a bicarbonate buffer is used to balance the pH. During the treatment, waste products float to the solution side. The process also removes dissolved waste products in the blood. It also balances the acidity level in the body. The process of blood dialysis is dependent on several factors, including patient size and the permeability of the peritoneum. The dialysis solution comes in 1.5 liter, two-liter, and five-liter bags, depending on the patient’s body weight and the desired dialysis dose. The larger the fill volume, the higher the dose.
IT Solution for Dialysis Market – Impact of Coronavirus (COVID-19) Pandemic
Lockdown in various countries has halted the transportation facilities across the countries. Due to this, the demand in dialysis has increased. According to 2020, the latest Intensive Care US National Audit and Research Centre report on COVID-19, 28.8% of patients in critical care who were receiving advanced respiratory support, also required renal support. Supply chain and manufacturing activities in several economies including India, Italy, Spain, U.K., and the U.S. have been disrupted due to the lockdowns implemented across various regions in the past few months. Countries such as Saudi Arabia, UAE, Egypt, and others are facing problems with regards to transportation of products. NHS England is working with the renal community and has put a high priority on resolving this treatment for critical patients, including setting up of emergency renal operational delivery networks with leads working closely with critical care networks. NHS England is working with equipment manufacturers, however, there is a significant risk of a mismatch between supply and demand. As a result, IT solution for dialysis market has been hampered during the pandemic.
The global IT solution for dialysis market is estimated to be valued at US$ 3,547.8 million in 2020 and is expected to exhibit a CAGR of 6.8% during the forecast period (2020-2027).
𝐓𝐨 𝐠𝐞𝐭 𝐌𝐨𝐫𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 @ https://www.coherentmarketinsights.com/insight/request-sample/3706
Growing prevalence of chronic kidney disease and product launch are projected to drive growth of the global IT solution for dialysis market.
Increasing prevalence of chronic kidney disease (CKD) and end stage renal disease (ESRD) among the population is propelling market growth. For instance, according to Centers for Disease Control and Prevention, in 2016, among all the patients suffering from End-Stage Renal Disease in the U.S., which is more than 726,000 individuals (2 in every 1,000 people) were on dialysis.
Thus, growing ESRD and CKD patient count is leading to increasing number of dialysis procedures, which is offering a significant opportunity to healthcare IT solution providers to develop and launch innovative and technologically advanced information technology solutions/ software for dialysis data management.
Global IT Solution for Dialysis Market – Restraints
High cost of IT solution for IT solution for dialysis is expected to hinder market growth. Financial issues, including adoption and implementation costs, ongoing maintenance costs, loss of revenue associated with temporary loss of productivity, and decline in revenue. EHR adoption and implementation costs include purchasing and installing hardware and software, converting paper charts to electronic ones, and training end users. For instance, according to the data published in NCBI, it is estimated that the initial cost of software training and installation is US$ 22,038 and the hardware costs around US$ 13,000 per full-time-equivalent (FTE).
𝐆𝐞𝐭 𝐐𝐮𝐢𝐜𝐤 𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐨 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 @ https://www.coherentmarketinsights.com/insight/request-pdf/3706
Global IT Solution for Dialysis Market – Regional Analysis
On the basis of region, the global IT solution for dialysis market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Market players in North America are adopting inorganic growth strategies such as collaborations and partnerships to strengthen their expertise in development of information technology platforms used in nephrology is driving regional market growth. For instance, in March 2017, Acumen Physician Solutions, a subsidiary of Fresenius Medical Care North America collaborated with Epic Systems Corporation to develop Acumen 2.0., the new EHR and practice management software for nephrology.
Moreover, the Asia Pacific IT solution for dialysis market is expected to witness significant growth due to presence of major key players in the region over the forecast period. For instance, Renalyx Health Systems Private Limited, a company based in Bengaluru, India, offers various IT solutions for dialysis such as Point of Care – Detecting CKD, and Renal Information Management System. Renalyx-Care uses a cloud-based Nephrology Information System to maintain patient records.
Global IT Solution for Dialysis Market – Competitive Landscape
Key players operating in the global IT solution for dialysis market are CitiusTech Inc., B.Braun Melsungen AG, QuantumS ys Technologies, Fresenius Medical Care AG & Co. KgaA, Constellation Kidney Group, Renalyx, Sagekey Software Inc., Aithent Inc., Gaia Software, LLC, CureMD Healthcare, Renesan Software, Document Storage Systems, Inc., Visonex, iSalus Healthcare, and M Dialysis
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐅𝐥𝐚𝐭 𝐔𝐒𝐃 𝟐𝟎𝟎𝟎 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/promo/buynow/3706
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraints
- Market Opportunities
- Market Trend
- Impact Analysis
- Global IT Solution for Dialysis Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Demand and Supply of Microscopy Devices Products
- Government Initiative
- Global IT Solution for Dialysis Market, By Application, 2020 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Data Acquisition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Data Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Quality Assurance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
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