Press release
Dialysis Devices Industry Outlook, Growth Prospects and Key Opportunities
250 Pages Dialysis Devices Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderSubtitle –Fact MR analysis of Dialysis Devices market provides compelling insights into the factors propelling sales prospects in key segments such as (segment 1), (segment 2), and (segment 3). (Segment 3). It provides an executive-level blueprint of key market players' strategies and analyses their impact on overall growth projections.
According to Fact MR’s recent market research, Dialysis Devices sales to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
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Focus on improving overall patient care will remain a chief growth driver. Besides this, Dialysis Devices market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.
To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth potential on the basis of (segment 1), (segment 2), and (segment 3).
Digital Transformation in Healthcare Presenting Opportunities for Dialysis Devices Market Growth
Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.
Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Dialysis Devices market.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Dialysis Devices market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Dialysis Devices
The report offers actionable and valuable market insights of Dialysis Devices. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Dialysis Devices Market across various industries and regions.
This newly published and insightful report sheds light on Market Insights of Dialysis Devices, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Dialysis Devices Market.
Prevalence of various urological disorders has led to an upsurge in adoption of the urology devices globally. In addition, growing geriatric population is also projected to impact the global market growth of urology devices positively. Fact.MR states that the global market of urology devices is further to reflect a CAGR of 6.4% over the forecast period, 2017-2026.
Factors Fuelling Global Market Growth
Growth of the global urology devices market is mainly bound to various macro-economic and micro-economic factors. Prevalence of kidney diseases will continue to fuel demand for various invasive and minimally treatment procedures. Unhygienic habits developed due to fast-paced lifestyle has led to increasing prevalence of various urological disorders among people of various age groups. Unmanaged obesity, excessive smoking and chronic coughing and sneezing has led to growing prevalence of diseases such as stress incontinence globally.
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Moreover, surge in instances of childbirth and prostate surgery is further expected to contribute towards the global market growth of urology devices significantly. As childbirth surgery weakens the sphincter in women, they are more prone to urological diseases such as stress incontinence. In men, growing prevalence of prostate cancer requires a prostate gland, which could weaken the sphincter.
Prevalence of diseases such as stress incontinence is further to rev up adoption of the urology devices in the healthcare industry. Growing incidence of kidney stone due to lack of water intake among old age people will also continue to fuel adoption of various urological diseases. Untreated kidney stone diseases can result in other healthcare issues such as vomiting, persistent need to urinate, fever owing to infections in urinary tract. As demand for minimally treatment remains high, the healthcare professionals are significantly adopting shock wave lithotripsy devices for accurate treatment of kidney stones. Bound to these factors, the global market of urology devices is projected to witness significant growth through 2026.
In addition, manufacturers in the healthcare industry are concentrating on developing medical devices that offer minimally treatment process. Integration of leading technological developments in the medical devices enables the healthcare professionals to speed up the treatment process of the patients.
The healthcare professionals are mainly adopting ultrasound or x-ray technology to trace stones in the kidney and disintegrate the stones into smaller fragments for smooth passage. Manufacturers are further focusing on integrating advanced technology in order to develop robot-assisted medical devices. Robot-assisted medical devices are mainly tailored for accurate treatment of particular urological disorders and offer surgical navigation in order to assist during the treatment process. Increasing demand for robot-assisted urology devices and minimally treatment procedures will continue to impact the global market growth of urology devices positively throughout the forecast period.
Sales to Remain High for Kidney Diseases
Prevalence of various chronic kidney disorders is projected to fuel demand for urological disorders for dialysis treatment. In terms of revenue, the dialysis devices product type segment is projected to witness the highest growth, recording more than US$ 2,100 Mn by 2026-end. In contrary, the robotic systems product type segment is projected to reflect significant CAGR over the forecast period.
By 2017-end, the hospitals and clinics end use segment is projected to generate significant revenues, accounting for more than US$ 1,500 Mn. However, the dialysis centers end use segment is projected to reflect a healthy CAGR throughout 2026. Throughout the forecast period, the cancer and BPH diseases segment is projected to reflect the fastest growth in the global market. On the other hand, the kidney disease segment is projected to witness robust revenue growth, recording more than US$ 2,400 Mn by 2026-end.
Market Players
Major players in the global market of urology devices are Baxter International, Inc., Siemens AG, Stryker Corporation, Boston Scientific Corp, Cook Medical Inc., Olympus Corporation, Richard Wolf GmbH and KARL STORZ GmbH & Co. KG.
Market Dynamics
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Product Type
Dialysis Devices
Endoscopes
Lasers & Lithotripsy Devices
Robotic Systems
Endovision Systems
Peripheral Instruments
Urodynamic Systems
End User
Hospitals and Clinics
Dialysis Centers
Other End Users
Disease
Kidney Diseases
Cancer and BPH
Pelvic Organ Prolapse
Other diseases
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Report Benefits & Key Questions Answered
Dialysis Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
Dialysis Devices Historical volume analysis: The report provides a comparison of Dialysis Devices's historical sales and projected sales performance for 2021-2031.
Dialysis Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Dialysis Devices market. It carefully gauges the impact of changing healthcare needs of key demographics globally
Dialysis Devices Consumption by demographics: The report investigates consumer behavior affecting Dialysis Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Dialysis Devices market is carefully analyzed
Post COVID consumer spending on Dialysis Devices: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Dialysis Devices market growth.
More Valuable Insights on Dialysis Devices Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Dialysis Devices, Sales and Demand of Dialysis Devices, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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