Press release
Kidney Dialysis Equipment Market Size, Share - Industry Trend and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Kidney Dialysis Equipment” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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End-stage kidney disease is a chronic health condition treated either by dialysis or kidney transplantation. According to the World Kidney Day, a global awareness campaign, 10% of the global population is estimated to be affected by CKD. Moreover, CKD stood 18th in the global list of causes for death in 2010, according to the Global Burden Study. Also, chronic kidney disease (CKD) is a major risk multiplier factor for cardiovascular diseases, diabetes, hypertension, and inflammatory disease of kidney (glomerulonephritis). CKD may lead to kidney injury and sometimes, complete loss of kidney function, which may require renal replacement therapy. According to the National Kidney Foundation, about 100,000 people are on the kidney transplant list in the U.S. every year, whereas only 20,000 kidney donors are available. Thus, due to shortage of kidney donors, a majority of people worldwide opt for dialysis. This factor drives the global market for kidney dialysis equipment.
Aging epidemiology, rising prevalence of CKD across the world, and growing preference for dialysis over kidney replacement are some of the major factors boosting the global kidney dialysis equipment market. Moreover, improvement in reimbursement schemes, health care facilities, standard of living; rise in the number of dialysis patients; and initiatives taken by governments, health care organizations, and dialysis equipment manufacturers to provide cost-effective and reliable kidney dialysis equipment and services are some of the secondary factors likely to drive the demand for kidney dialysis equipment during the forecast period. Introduction of technologically advanced systems is projected to boost the global kidney dialysis equipment market in the near future. Manufacturers are focusing on developing fully automated, portable, and technologically advanced dialysis equipment to provide better options to users of all age groups. For instance, Fresenius Medical Care AG & Co. KGaA provides peritoneal as well as hemodialysis systems just for pediatric use in order to overcome issues faced by use of adult dialysis equipment. These systems are less invasive than extracorporeal treatment and they offer hemodiafiltration (HDF) therapy to pediatric patients. However, high cost of dialysis equipment and upcoming approvals for the artificial implantable kidney technology are projected to hamper the market in the near future.
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The global kidney dialysis equipment market can be segmented based on product, end-user, and geography. Based on product, the kidney dialysis equipment market has been divided into hemodialysis (HD) equipment and peritoneal dialysis (PD) equipment. The HD equipment segment dominated the global kidney dialysis equipment market in 2016 owing to lifesaving intervention for highly prevalent CKD population worldwide. Moreover, technological advancements with a user-friendly approach, favorable reimbursement policies, and developing conditions in emerging markets are the other factors fueling growth of HD equipment during forecast period. The hemodialysis equipment segment has been sub-segmented into hemodialysis machines, dialyzers, bloodline systems & catheters, and concentrates & solutions. The peritoneal dialysis equipment segment has been divided into peritoneal dialysis machines, concentrates & solutions, and catheters & tubing sets.
Based on end-user, the market has been divided into hospitals, in-center dialysis settings, and home care settings. Increase in the number of multispecialty hospitals and consolidation of the hospital industry are factors expected to increase spending on high-quality equipment in hospitals. This, in turn, is estimated to a major market share held by the hospitals segment in the global kidney dialysis equipment market during the forecast period.
Based on geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a major share of the global market during the forecast period, owing to high capital investment in health care facilities, large patient pool, and favorable reimbursement criteria in the region. Moreover, improved standards of living and high rate of adoption of new technologies are expected to increase the demand for kidney dialysis equipment in North America during the forecast period.
Some of the major players operating in the global kidney dialysis equipment market are Fresenius Medical Care AG & Co., Baxter International, Inc., Nipro Corporation, B. Braun Melsungen AG, Nikkiso Co, Ltd., and NxStage Medical, Inc.
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.
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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
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