Hemodialysis Market is Booming Globally with a CAGR of 4.2% during period 2018-2025

The function of kidneys is to remove waste products and excess fluid from the blood. If the kidneys do not function normally, this process is implemented by hemodialysis. Waste products, such as urea and creatinine, are removed from the blood with the help of artificial and natural semipermeable membranes.

The major driving factors for the growth of the global hemodialysis market are an increase in the number of end-stage renal disease (ESRD) patients, the rise in the incidence of diabetes and hypertension, an increase in funding for improved dialysis products and services.

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Moreover, owing to the lack of matching donors, dialysis is preferred over a kidney transplant, which is expected to further fuel market growth. However, risks and complications associated with dialysis and product recall are expected to hamper market growth.

By-product and service, the service segment accounted for the approximately two-thirds share of the global hemodialysis market in 2017. Furthermore, the nocturnal segment is anticipated to grow at the highest rate of 4.9% during the forecast period.

According to a new report published by Allied Market Research, titled, "Hemodialysis Market by Type, Product & Service, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025", the market was valued at $71,502 million in 2017, and is projected to reach $99,747 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025. North America is anticipated to be the highest revenue contributor throughout the forecast period.

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Major Players:

•Asahi Kasei Corporation
•B. Braun Melsungen AG
•Baxter International Inc.
•Cantel Medical Corp.
•DaVita Inc.
•Diaverum
•Fresenius Medical Care AG & Co.
•Nipro Corporation
•NxStage Medical Inc.

Key Benefits:

•This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global hemodialysis market.

•Hemodialysis market size and estimations are based on a comprehensive analysis of the applications and developments in the industry.

•A qualitative analysis based on innovative products and devices facilitates strategic business planning.

•The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global hemodialysis industry.

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About Us:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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