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Dialysis Equipment fulfills the task of blood purification, when the kidneys fail to do their job

Liquid Biopsy Market

Global Dialysis Equipment Market is projected to reach USD 24.5 Billion by 2025

Dialysis equipment helps in maintaining proper levels of electrolytes and minerals in the body, along with blood flow monitoring”
— Lead Analyst @ Market Data Forecast

HYDERABAD, TELANGANA, INDIA, November 6, 2018 / -- Overview:
Dialysis machines are used to filter a patient’s blood in a number of situations, including kidney damage, kidney failure, dysfunction, and removing the excess content of waste products or impurities from the kidneys. Peritoneal dialysis (PD) is a cure for patients with severe chronic kidney disease. Renal replacement therapy (RRT) is a therapy that replaces the normal blood-filtering function of the kidneys. CRRT is a dialysis modality used to treat critically ill, and hospitalized patients in an intensive care unit who develop acute kidney injury (AKI).

Global Dialysis Equipment Market was valued at USD 17.01 Billion in 2018 and is expected to reach USD 23.31 Billion by 2023, growing at a CAGR of approximately 6.5%.

Considered as an artificial kidney, the dialysis machine functions similar to a human kidney in managing the body wastes and secretions. These machines mix and track the dialysate, which is a fluid that clears the waste products from the blood. It also helps in maintaining the proper levels of electrolytes and minerals in the body, along with the blood flow monitoring.

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The Global Dialysis Equipment Market is mainly driven by factors like increasing aging population, rising incidence of kidney diseases, an increasing number of diabetes and hypertension patients, and technological advancements in the healthcare industry. Additionally, the growing disposable income of the people, improved access to healthcare facilities, increasing demand for point of care diagnostics and home treatments, rising investments from the key market players in research and development, and other prominent factors are also supplementing to the market expansion.

However, factors like low awareness about kidney disease treatment and decreasing medical reimbursements for dialysis treatment are restricting the growth of the market.

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The full report provides complete information about the global dialysis equipment market that includes the overall market size, share, trends, and future developments. It also offers an in-depth analysis of the world market based on the type, end-user, and regional analysis, along with the competitive landscape.

On the basis of the type, the market is segmented into
• Hemodialysis Equipment
• Peritoneal Dialysis Equipment
• Continuous Renal Replacement Therapy Systems
• Dialysis Accessories

Each of these segments is further divided into sub-segments based on their applications and requirement in the medical treatment. Hemodialysis segment accounts for almost 88% of the total market is expected to continue its domination in the future. Peritoneal dialysis equipment is also expected to witness higher growth rate in the forecast period.

On the basis of end-user, the market is segmented into
• In-center Dialysis
• Home Care Dialysis

Home care dialysis segment is expected to register the highest growth rate in the forecast period owing to the increasing demand from the elderly population.

On the basis of geographical distribution, the market is segmented into
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

North America is expected to be the dominant market owing to the presence of advanced technology and the availability of medical reimbursements. The Asia-Pacific region is expected to be the fastest growing market owing to the rising ESRD Patients, rising healthcare expenditure and increasing awareness about dialysis centers among people. Additionally, the growing population in the economies like India, China, etc. also fuels the market demand for dialysis machines.

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The full report also offers data about the marketplace warfare that includes the leading manufacturers of the world. Some of those include
• Fresenius Medical Care AG & Co.
• Gambro AB, Baxter International Inc.
• Nipro Inc.
• ALLMED Medical GmbH
• Asahi Kasei Corporation

On the whole, the global dialysis equipment market is poised to witness a rapid growth in the developing regions in the coming years attributing to the government initiatives to enhance the health care system and the growing awareness about the benefits of the treatment among common people. Increasing health consciousness of the world population also boosts the market growth.

The scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

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