Chronic Hemodialysis Catheter Market to Grow Valuation of $446 million by 2027 | AngioDynamics, Inc., Baxter International Inc.

According to the research report published by Allied Market Research, the global chronic hemodialysis catheter market is expected to register a CAGR of 3.7% from 2020 to 2027. The research includes changing market dynamics, top impacting factors, key investment pockets, value chain, and competitive scenario. Through tabular and graphical representation, the report offers key insights on different aspects of the market such as current market size and estimations, region-wise analysis, and opportunities. Porter’s Five Forces analysis has been mentioned in the report to outline competitive intensity. The report is a helpful source of information to unlock potential from emerging countries and expand businesses to gain international presence.

Hemodialysis is a process of blood purification in patients suffering from kidney disease by means of external hemodialyzer or artificial kidney. A hemodialyzer is connected to patient with the help of catheter and external tubing to facilitate efficient removal of wastes such as urea and extra fluid from blood.

Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/6996

Hemodialysis catheter is implanted into patient’s vein to provide vascular access during dialysis process for efficient transfer of blood from patient to dialysis machine. A catheter consists of tubes, hub, extension, clamps, and cuffs.

Rise in prevalence of kidney diseases is expected to result in surge in number of end-stage renal diseases (ESRD) patients around the globe, which is projected to boost the demand for hemodialysis catheters during the study period. In addition, technological advancements in hemodialysis catheters and lack of kidney donors are projected to fuel the chronic hemodialysis catheter market growth. Moreover, rise in utilization of hemodialysis catheters, increase in use of antimicrobial-coated hemodialysis catheters, surge in number of dialysis centers, and rise in patient awareness toward hemodialysis treatment are anticipated to drive growth of the market. However, complications associated with hemodialysis catheters and lack of access of hemodialysis catheters in underdeveloped countries is expected to hinder growth of the market.

COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe diseases. A large number of coronavirus patients are suffering acute kidney damage, contributing to a rising need for onsite hemodialysis treatment in healthcare facilities. Thus, complications caused in the urinary system, by the COVID-19 infection is expected to maintain the demand for hemodialysis catheter products. This in turn, has limited the impact of COVID-19 on the chronic hemodialysis catheter market.

By type of tip, the step-tip catheters segment dominates the global chronic hemodialysis catheter market, and is anticipated to continue this trend during the forecast period. The key factors such as increase in number of hemodialysis patients, rise in demand for step-tip hemodialysis catheters, increase in number of patients suffering from chronic kidney disorders (CKD), technological development in step-tip catheters and dialysis equipment, increase in awareness programs for hemodialysis treatment & management around the globe drive the market growth of this segment.

Inquire Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/6996

On the basis of material, polyurethane segment accounts for the majority of chronic hemodialysis catheter market share, owing to advantages offered by polyurethane catheters such as good tensile strength & softness, bigger inner diameter for maximum blood flow, and requirement of less wall thickness for strength as compared to silicone. In addition, they are biocompatible and are good choice for long term catheterization. Moreover, surge in demand for double lumen polyurethane long-term hemodialysis catheters drive growth of the segment.

North America accounted for second largest share of the global chronic hemodialysis catheter market in 2019. This was attributed to increase in demand for hemodialysis catheter products, availability of well-developed infrastructure, presence of majority of key players, rise in number of patients suffering from chronic kidney disorders (CKD), and availability of trained medical professionals.

However, Asia-Pacific is expected to experience the highest revenue and growth rate during the forecast period, majorly owing to improvement in healthcare infrastructure, rise in number of hospitals equipped with advanced medical facilities, development of the R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare.

Access Full Report @ https://www.alliedmarketresearch.com/chronic-hemodialysis-catheter-market-A06631

Contact:

David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.