The Renal Dialysis Equipment Market accounted to USD 14.6 billion in 2016 growing at a CAGR of 6.8% during the forecast period of 2017 to 2024.
Renal Dialysis Equipment market By Product Segment Analysis (Peritoneal Dialysis Solutions, Hemodialysis Machines, Dialysis Accessories, Continuous Renal Replacement Therapy (CRRT) Machines), By End-Users (Hospitals, Home, Clinics, Dialysis Centers), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The Renal dialysis equipment are the device which are used for artificial blood purification of acute kidney injuries or end stage renal disease.
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Major Market Drivers and Restraints:
- Prevalence of Kidney Disease is Increasing
- Favorable Reimbursement
- Technological Advancement
- Growing Awareness of Diseases and Therapeutic Modalities
- Government Healthcare Funding
Market Segmentation:
By product the renal dialysis equipment market is segmented into peritoneal dialysis solutions, hemodialysis machines, dialysis accessories and continuous renal replacement therapy (CRRT) machines.
On the basis of end user the market is segmented into hospitals, home, clinics and dialysis centers.
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On the basis of distribution channel the renal dialysis equipment market is segmented into direct tenders and retail
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Europe
- Asia-Pacific(APAC)
- Middle East and Africa(MEA)
Renal Dialysis Equipment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in Renal Dialysis Equipment Market are:
- Baxter
- NIPRO
- NIKKISO CO. LTD
- Braun Melsungen AG
- Fresenius Medical Care AG & Co
- KGaA
- Asahi Kasei Corporation
- Gambro
- Allmed Medical Corp
- DaVita Inc
- MEDIVATORS Inc
- NxStage Medical, Inc
- TORAY MEDICAL CO. LTD.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your enquiry.
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