Hemodialysis Market: Rise in the Incidence of Hypertension and Diabetes Drive the Market Growth

DataM Intelligence’s latest market report titled ‘Global Hemodialysis Market - Size, Share and Forecast (2019 - 2026)’ reflects the size, scope, industry dynamics, major firms and future trends in this market. The research report analyses drivers and restraints operating in this competitive space to present a better in-depth of the underlying market opportunities.

The global hemodialysis market projected to grow at a CAGR of 4% during the forecast period 2019 -2026

Hemodialysis Market Overview
According to the National Kidney Foundation, 10% of the global population is affected by chronic kidney disease out of which over two million people currently receive treatment with dialysis or a kidney transplant. The majority of these people are treated in only five countries U.S., Japan, Germany, Brazil, and Italy. These five countries represent only 12% of the world’s population. Only 20% are treated in about 100 developing countries which make up over 50% of the world’s population.

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Global Hemodialysis Market Drivers
The major drivers fueling the growth of the market are an increase in the incidence of hypertension and diabetes, rise in a number of end-stage renal disorder patients, and rise in the geriatric population.
The global population of individuals aged 60 years and above is expected to increase from 901 million in 2015 to 1.4 billion by 2050. The incidence of kidney disease increases after the age of 50 years and is most common after 70 years of age.

Global Hemodialysis Market Size Analysis
The global hemodialysis market can be segmented by product type as Peritoneal Dialysis Catheter, Chronic Hemodialysis Catheter, and Acute Hemodialysis Catheter, by modality as In-Center Hemodialysis and Home Hemodialysis, by the end user as a hospital, dialysis centers, and homecare.
According to the National Kidney Foundation, in the year 2018, around 10% of the global population was affected by chronic kidney diseases, and the majority of them constitute of geriatric population. Home dialysis is affordable and also provides ease and convenience that increases its preference among the geriatric population. Home hemodialysis is expected to increase considerably with increasing services by industry players.

Global Hemodialysis Market Regional Share
Geographically, the global hemodialysis market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
North America accounted for a dominant share of more than 35% in 2018. Among emerging markets, Asia Pacific is estimated to exhibit the highest CAGR of 10.21% over the period of forecast. According to the National Institute of Diabetes and Digestive and Kidney Diseases Health Information Center, in 2018 over 750,000 people in the U.S. have kidney failure. Of these, 600,000 individuals are on dialysis, and roughly 150,000 live with a functioning kidney transplant. New cases of end-stage renal disease are growing with a rate of 370 per million per year in the US.

Global Hemodialysis Market Company Trends
Some of the key players in the market are Fresenius Medical Care, DaVita Healthcare Partners, Baxter International, B. Braun Melsungen, Nipro Corporation, Diaverum Deutschland GmbH, Nikkiso Co. Ltd., NxStage Medical and Angio Dynamics.
In January 2019, Fresenius Medical Care launched 4008A dialysis machine; the company is aiming to improve accessibility to life-sustaining dialysis treatment for patients in the countries of Asia-Pacific who are living with end-stage renal disease.

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Table of contents overview -
1. Hemodialysis Market – Methodology and Scope
2. Hemodialysis Market – Market Definition and Overview
3. Hemodialysis Market – Executive Summary
4. Hemodialysis Market – Market Dynamics
5. Hemodialysis Market – Industry Analysis
6. Hemodialysis Market – By Product Type
7. Hemodialysis Market – By Modality
8. Hemodialysis Market – By End User
9. Hemodialysis Market – By Region
10. Hemodialysis Market – Competitive Landscape
11. Hemodialysis Market – Company Profiles
12. Hemodialysis Market – Premium Insights

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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

This release was published on openPR.