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Kidney Dialysis Equipment Market Witnessing Strong Growth in North America Region

07-27-2021 06:06 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Kidney Dialysis Equipment Market Witnessing Strong Growth

The growing prevalence of chronic kidney disease drugs around the globe is a prime factor driving growth of the kidney dialysis equipment market. According to the National Kidney Foundation Inc., it affects an estimated 37 million people in the U.S. (15% of the adult population; more than 1 in 7 adults) and around 90% of those with CKD don’t even know they have it. In 2017, over 500,000 patients received dialysis treatment, and over 200,000 lived with a kidney transplant. Moreover, a rise in global healthcare expenditure coupled with the increase in the geriatric population as they are highly prone to such chronic disease is further expected to foster the market growth of the chronic kidney disease drug. Furthermore, the growing incidence of diabetes is also projected to foster market growth.

1. In January 2019, Fresenius Medical Care, the world’s largest provider of dialysis products and services announced the launch of its 4008A dialysis machine, which was especially designed to meet the needs of emerging markets
2. In March 2021, Baxter International Inc., a global innovator in renal care announced U.S. Food and Drug Administration (FDA) clearance of its next-generation Artificial Kidney 98 (AK 98) dialysis machine, which is designed to be a portable and easy-to-use system to administer hemodialysis (HD) treatments
3. In December 2020, Medtronic plc announced the commercial launch of the Carpediem™ Cardio-Renal Pediatric Dialysis Emergency Machine in the U.S. The first Carpediem™ systems in the United States were successfully installed and are in use at Cincinnati Children's Hospital Medical Center
4. In May 2020, Hopkins team develops new method to make kidney dialysis fluid for patients with COVID-19

Global Kidney Dialysis Equipment and Supplies Market to Reach $27. 5 Billion By 2027. Amid the COVID-19 crisis, the global market for Kidney Dialysis Equipment and Supplies estimated at US$19.

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Global Kidney Dialysis Equipment Market: Segmentation

By Product Type
Hemodialysis (HD) Equipment
Hemodialysis Machine
Dialyzer
Bloodline Systems and Catheters
Concentrates and Solutions
Peritoneal Dialysis (PD) Equipment
Peritoneal Dialysis Machine
Concentrates and Solutions
Catheters and Tubing Sets

By End User
In-Center Dialysis Settings
Home Care Settings

North America is expected to dominate the global kidney dialysis equipment market and this is attributed to increasing medicare cost for treating chronic kidney disease in the region. According to the Centers for Disease Control and Prevention, overall Medicare costs for people with CKD were over $84 billion in 2017 or more than $22,000 per person.

Kidney Dialysis equipment - commonly called as dialysis machine - is a surgically instrumented construct intended to maintain the electrolytes and minerals of the patients' kidneys. Kidney dialysis is also known as renal tubular necrosis. Resumo (RN), the automated utility model refers to an ultra sound kidney dialysis device used in Resendium medical practice. The kidney dialysis device includes a round dialysis tube.

Read more @ https://www.coherentmarketinsights.com/market-insight/kidney-dialysis-equipment-market-222

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About Us:
Coherent Market Insights (CMI) is a global market intelligence and consulting organization focused on assisting plethora of clients achieve transformational growth by helping them make critical business decisions. The company is headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. The company’s client base includes players from across various business verticals in over 47 countries globally. It takes pride in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and start-ups looking to establish a foothold in the market.

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