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Hemodialysis Market Witness Significant Growth by 2025: Report Covers Market Dynamics & Growth Analysis

02-27-2019 05:55 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Hemodialysis Market Witness Significant Growth by 2025: Report

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.

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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.

Hemodialysis Market Key Findings:

• The Asia-Pacific region is anticipated to grow at the highest rate during the forecast period, followed by LAMEA.
• Europe is anticipated to nearly occupy a one-third market share of the global hemodialysis medicine market by 2025.
• North America occupied less than two-thirds share of the global hemodialysis market in the year 2017.
• The consumable segment is anticipated to grow with the highest CAGR throughout the forecast period.

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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.

Moreover, owing to a 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.

Hemodialysis Market Players:

• DaVita Inc.
• Baxter International Inc.
• Diaverum
• Cantel Medical Corp.
• Fresenius Medical Care AG & Co. KGaA
• Nikkiso Co.Ltd.
• Nipro Corporation
• NxStage Medical Inc.

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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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