Press release
Hemodialysis Market Projected to Reach $99,747 Million Globally by 2025 With a Impressive CAGR of 4.2%
The major driving factors for the growth of the global hemodialysis market are the 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 lack of matching donors, dialysis is preferred over 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.
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. KGaA
• Nikkiso Co.Ltd.
• Nipro Corporation
• NxStage Medical Inc.
Key Findings of the Hemodialysis Market:
• Europe is anticipated to nearly occupy a one-third market share of the global hemodialysis medicine market by 2025.
• The consumable segment is anticipated to grow with the highest CAGR throughout the forecast period.
• North America occupied less than two-thirds share of the global hemodialysis market in the year 2017.
• The Asia-Pacific region is anticipated to grow at the highest rate during the forecast period, followed by LAMEA.
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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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