Market Analysis
The global kidney dialysis equipment market is predicted to grow at a 5.7% CAGR between 2018-2023, reveals the latest Market Research Future (MRFR) report. Kidney dialysis, simply put, is a procedure that is an alternative for the majority of the normal functions of kidneys. It enables people with renal/kidney failure the chance of living a productive life. Kidney dialysis helps the human body to perform the functions of a failed kidney or kidneys.
Various factors are propelling the kidney dialysis equipment market growth. These factors, as per the new Market Research Future (MRFR) report, include growing preference for dialysis over kidney transplantation, increasing frequencies of diabetes and hypertension, the quick growth of geriatric population, rise in affordable and accurate portable dialysis apparatus, and growing number of ESRD (end-stage renal disease) patients. Additional factors pushing market growth include growing acidosis, heart failure, sedentary lifestyle, loss of appetite resulting in weight loss, and adoption of the latest technologies in dialysis. Moreover, better healthcare infrastructure, rising incidence of dialysis patients, and new funding channels in the healthcare sector are also adding to the growth of the kidney dialysis equipment market growth.
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On the flip side, the rising price of dialysis procedures, expensive treatments, rules and regulations related to dialysis, time consumption, and risks and difficulties involved are factors that may impede the kidney dialysis equipment market growth over the forecast period.
Market Segmentation
Market Research Future report offers an all-inclusive segmental analysis of the kidney dialysis equipment market on the basis of type, apparatus type and end-user.
Based on type, it is segmented into Continuous Renal Replacement Therapy (CRRT), peritoneal dialysis and hemodialysis. Hemodialysis is further segmented into nocturnal hemodialysis, short daily hemodialysis and conventional hemodialysis. The Peritoneal dialysis is further segmented into Tidal Peritoneal Dialysis, Intermittent Peritoneal Dialysis (IPD), Continuous Cycling Peritoneal Dialysis (CCPD) and Continuous Ambulatory Peritoneal Dialysis (CAPD).
Based on apparatus type, the kidney dialysis equipment market is segmented into consumables and continuous renal replacement therapy systems, peritoneal dialysis equipment and hemodialysis equipment. The hemodialysis equipment us further segmented into vascular access devices, tunneled hemodialysis catheters, concentrates and solutions, bloodline system, dialyzers and filters and hemodialysis machine. The peritoneal dialysis equipment is segmented into filters, dialyzers, automated peritoneal dialysis machines and concentrates and solutions. Of these, the hemodialysis equipment will grab the maximum market share.
Based on end-user, the kidney dialysis equipment market is segmented into ambulatory services, home care, in-center dialysis settings and hospitals.
Regional Analysis
By region, the kidney dialysis equipment market report covers the latest trends and growth opportunities across the Asia Pacific, the Middle East and Africa, Europe, and North America. Among these, North America will spearhead the market over the forecast period. Factors propelling growth of the kidney dialysis market in the region include increasing reusable income, rising incidence of hypertension and diabetes, and increasing prevalence of kidney failure.
The kidney dialysis equipment market in Europe is predicted to have the second-largest share in the market over the forecast period chiefly on account of progressive organizations and advanced medical compensation.
In the APAC region, the kidney dialysis equipment market is predicted to have a remarkable growth over the forecast period. Factors aiding growth in the region include low rates of organ transplantation, presence of huge geriatric population, rise in disposable income, and rising prevalence of kidney failure.
In the Middle East and Africa, the kidney dialysis equipment market is predicted to have a small share over the forecast period chiefly on account of stringent government policies and low per capita income.
Competitive Landscape
Some of the key players in the kidney dialysis equipment are Fresenius Medical Care AG & Co. Ka, Davita Healthcare Partners Inc., Diaverum Deutschland GmbH, Baxter International Inc., B. Braun Melsungen AG, Nipro Corporation, Nxstage Medical, Inc., Nikkiso Co., Ltd., Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation), Terumo Corporation, Rockwell Medical, Teleflex Incorporated, Mar Cor Purification, Inc. (A Cantel Medical Company), and Hemoclean CO., LTD.
The global market for kidney dialysis equipment is extremely fragmented and the major players have used different tactics to expand their presence in this market, such as new product releases, extensions, alliances, joint ventures, collaborations, acquisitions, and others. These healthcare firms are now urging scientists to create inexpensive dialysis machines that make limited use of technicalities while at the same time fulfilling the main purpose of the treatment.
Key Players
Major players profiled in the kidney dialysis equipment market report include Teleflex Incorporated, Mar Cor Purification Inc. (A Cantel Medical Company), Davita Healthcare Partners Inc, Rockwell Medical, Fresenius Medical Care AG & Co. Ka, Hemoclean CO., LTD, Baxter International Inc., B. Braun Melsungen AG, Terumo Corporation, Nikkiso Co., Ltd., Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation), Diaverum Deutschland GmbH, Nxstage Medical, Inc., and Nipro Corporation.
Industry News
May 2019: Simergent is coming up with a home dialysis machine for delivering effective and safe peritoneal dialysis therapy for patients at the end stage of renal diseases. This device will be simpler to use and also pocket-friendly compared to other home dialysis machines.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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