Renal medical devices and services market is expected to register a CAGR of about 6% during the forecast period of 2018-2023|Key Players - FRESENIUS MEDICAL, INFOMED SA, MEDTRONIC, NIPRO CORPORATION, ST. JUDE MEDICAL, INC., among others.

North America to Dominate the Market Growth

As of 2017, North America accounted for the largest market share, of approximately 40%, of the global market. Factors like boost in the adoption rate of these devices, availability of robust healthcare infrastructure, rising incidences of renal and cardiovascular complications are consequently helping North America to occupy the largest market share in the global renal medical devices and services market.

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Chronic kidney disease (CKD) is a major concern, which incurs high economic costs to health systems. It is also an independent risk factor for cardiovascular disease (CVD). All stages of CKD are associated with the increased risks of cardiovascular morbidity, premature mortality, and/or decreased quality of life. Factors, like increasing prevalence of diabetes, increasing incidences of Kidney Diseases and growing aging population worldwide, is responsible for driving the market growth.

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Market Segments:
Renal medical devices and services market is segmented by:
1. Product: Dialysis Equipment, Renal Denervation Devices, Wearable Artificial Kidney Device, Distal Embolic Protection Devices
2. Application: Kidney Failure, Chronic Kidney Disease, End-stage Kidney Disease, Renal Kidney Stone Disease, Hypertension, Diabetes, Anemia
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• January 2018 - DaVita Inc., a leading provider of kidney care services in the United States, partnered with Epic, the most widely used electronic health record (EHR), which will enhance and grow technological capabilities within DaVita Physician Solutions' chronic kidney disease (CKD) EHR platform.
• December 2017 - Fresenius Medical Care, the world’s largest provider of dialysis products and services, closed the divestment of Shiel Medical Laboratory to Quest Diagnostics. This divestment follows the expiration of the comment period under the Hart-Scott-Rodino Antitrust Improvements Act.

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