Global Dialysis Equipment Market: Snapshot
The dialysis equipment market has witnessed constant technological advances in safety and efficacy of the device. Relentless focus of medical device makers and clinicians helps in improving this life-sustaining treatment for patient populations. A key end user cohort is patient population suffering with end-stage kidney disease. Medical device manufacturers have been constantly working to unveil novel dialysis technologies in the dialysis equipment market. The aim is to improve the mechanism of hemodialysis and reduce various procedural complications, thereby prolonging the life expectancy of patients in whom kidney transplant has not been possible.
Over the years, governments in developed nations have become increasingly aware about the public health concerns associated with chronic renal failure and are undertaking numerous initiatives to combat this. A case in point is the U.S. marled by rising spending on sustainable healthcare. For instance, in the coming months, patients with chronic renal failure may benefit from the Governments’ efforts in providing incentives in home dialysis. Advent of wearable and portable dialysis devices has also expanded the potential of the dialysis equipment market.
Get an Idea about the Offerings of Our Dialysis Equipment Market Report from this Brochure
Global Dialysis Equipment Market: Notable Developments
Medical device manufacturers are expending their energy and money in randomized controlled trials that aim to improve the overall procedure of end-stage renal disease. Numerous aspects guide procedural efficiency such as ease of creating restenotic arteriovenous (AV) access sites, an essential part of treatment of end-stage renal diseases (ESRD).
A globally prominent medical device company Medtronic has in September revealed that the trial results of its investigation into drug-coated balloon. The purpose of the balloon was to reduce fistula maintenance procedures patients with ESRD need.
Healthcare providers in developed nations such as in Asia Pacific are entering into collaborations with software developers that help adopt propriety software in the dialysis equipment. Such trends help improve the quality of care for as well as patients’ satisfaction, thus boosting the dialysis equipment market.
Some of the key players in the global dialysis equipment market:
- Baxter International
- B. Braun Melsungen AG
- JMS Co. Ltd.
- Cantel Medical
- Asahi Kasei Corporation
- Quanta Dialysis Technologies
Global Dialysis Equipment Market: Growth Dynamics
The governments in numerous developing and developed countries such as Germany and the U.S. have recently come out with provisions that make kidney care affordable and easily accessible. This has opened new avenues in the dialysis equipment market.
In recent years, home hemodialysis has gathered steam, owing to increased independence and flexibility for patients and caregivers. The demand for automated peritoneal dialysis in some sections of patient populations is also boosting the dialysis equipment market.
Expanding Operations in Future? To Get the Perfect Launch Ask for a Custom Dialysis Equipment Market Report
A great deal of technological advances in the dialysis equipment market is on the back of strides in nanotechnology manufacturing, increasing adoption of miniaturized electronics. This has been increasingly supported by research with the aim to improve the survival rates in patients. Also, the market has seen some game-changing potential in the advent of wearable or implantable dialysis equipment. Expanding array of wearable dialysis devices is shaping the trajectories of the dialysis equipment market. New generation of dialysis equipment incorporate dialysers characterized by better hydraulic permeability. The potential has already been realized in the development of wearable continuous peritoneal dialysis devices. However, the pace of uptake of such cutting-edge devices in the kidney care is slow.
Nonetheless, emphasis on training and educating the patients will help take several of the aforementioned challenges in the strides of the dialysis equipment market.
Global Dialysis Equipment Market: Regional Analysis
On the regional front, the U.S. and a few economies in Asia Pacific are witnessing huge potential in the dialysis equipment market. The presence of robust kidney care in the U.S. is helping reinforce the demands for technologically advanced dialysis equipment. In Asia Pacific, Japan has been seeing considerable new product development avenues. Moreover, the growing awareness about treatments that can increase the life expectancy in patients with ESRD is also boosting the regional market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.