Global Blood Purification Devices Market was valued at USD 4.90 billion in 2021

Global Blood Purification Devices Market was valued at USD 4.90 billion in 2021, growing at a CAGR of 4.19% during the forecast period from 2022 to 2027, to reach USD 6.27 billion by 2027. The demand for blood purification devices is primarily witnessing growth on account of the increase in number of Chronic Kidney diseases (CKD) and End Stage Renal Disease (ESRD) patients, surge in the cases of hypertension and diabetes leading to kidney disorders, technological advancements in hemodialysis, increasing product approvals by FDA and increase in adoption of blood purification equipment.

Blood Purification Devices Overview
Blood Purification is a procedure which involves withdrawal of blood from the patient's body into a device or an equipment in order to eliminate the impurities and pump it back into the body. The blood purification devices are similar to that of dialysis equipment. These device use thin fibres for capturing and removing viruses and helps in filtering the blood.

Download Sample Report- https://www.delveinsight.com/sample-request/blood-purification-devices-equipment-methods-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Regions covered in the report
• Global

Blood Purification Devices Market Recent Developmental Activities:
• On December 08, 2021, Medtronic had launched the first neonatal dialysis machine in the US.
• On June 18, 2021, the New York-based startup, Qidni Labs, a company pursuing waterless and mobile blood purification systems, had announced that they are looking forward to human trials in 2022 following a successful animal study.
• On March 12, 2021, Baxter had received the FDA clearance for its latest, portable dialysis machine designed to connect directly with electronic medical records for patients' prescriptions and treatment data.
• On April 03, 2020, Food and Drug Administration had approved Outset Medical's Tablo Hemodialysis System for use in a home setting after positive results from 30 patients who completed a year-long trial.

Key Takeaways from the Blood Purification Devices Market Report Study
• Market size analysis for current market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the Global Blood Purification Devices Market.
• Various opportunities available for the other competitor in the Blood Purification Devices Market space.
• What are the top performing segments in 2021? How these segments will perform in 2027?
• Which is the top-performing regions and countries in the current market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for market growth in the coming future?

Blood Purification Devices Market
Depending on type, the Blood Purification Devices market can be segmented into portable and stationary blood purification devices. The portable blood purification devices can be anticipated to be the largest growing segment in the market. The reason being the advantages that are offered by the portable type of blood purification devices such as less utilization of space and ease related to movement of the devices, specifically in critical care units. Therefore, these are most likely preferred by healthcare professionals for the treatment of patients.

Blood Purification Devices Market Dynamics
The rising number of patients suffering from Chronic Kidney diseases (CKD) and End Stage Renal Disease (ESRD) is one of the major reasons for driving the Blood Purification Devices market. According to the research paper "Chronic Kidney Disease is on the Rise", by Haileamlak et al. in 2018, chronic disease tends to affect about 10% of the world's adult population. Several conditions comprising of diabetes, hypertension, vascular disease and glomerulonephritis are known to cause the Chronic Renal Disease. Even in low-income countries, besides the above known causes, glomerulonephritis and interstitial nephritis are the major cause for most of the chronic kidney disease due to the high prevalence of infections. According to this research although CKD tends to affect certain age groups and sexes, it is more prevalent in case of aged individuals. As per the previous source, it is estimated that the worldwide prevalence of CKD is 23-36% in people aged ≥64.

Blood Purification Devices Market Segment Analysis
• Blood Purification Devices market by Product Type (Hemodialysis Device, Blood Filtration Device, Continuous Renal Replacement Therapy (CRRT) Device, Hemoperfusion Device, Plasma Exchange Device), By Type (Portable and Stationary)
• Blood Purification Devices market By Application (Diagnostics and Therapeutics)
• Blood Purification Devices market by End User (Hospitals, Dialysis Centers and Others)
• Blood Purification Devices market by Geography (North America, Europe, Asia-Pacific, and Rest of the World)

Blood Purification Devices Market Companies
Some of the key market players operating in the Blood Purification Devices market includes Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., Fresenius SE and Co. KGaA, Infomed SA, Jafron Biomedical Co., Ltd., Kaneka Corporation, Nikkiso Co, ltd. and SWS Medical Group, CytoSorbents Europe GmbH, Spectral Medical Inc., Haemonetics Corporation, Medtronic, Cerus Corporation, ExThera Medical Corporation and others.

Request Sample Report- https://www.delveinsight.com/sample-request/blood-purification-devices-equipment-methods-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Table of Content
1. Blood Purification Devices Report Introduction
2. Blood Purification Devices Executive summary
3. Regulatory and Patent Analysis
4. Blood Purification Devices Key Factors Analysis
6. COVID-19 Impact Analysis on Blood Purification Devices Market
7. Blood Purification Devices Market Layout
8. Blood Purification Devices Global Company Share Analysis - Key 3-5 Companies
9. Blood Purification Devices Company and Product Profiles
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight

Do you have any query related to the report? If yes, visit here- https://www.delveinsight.com/report-store/blood-purification-devices-equipment-methods-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Contact Us
Yash
info@delveinsight.com

About Us
DelveInsight is a Business Consulting and Market research company, providing expert business solutions for the healthcare domain and offering quintessential advisory services in the areas of R&D, Strategy Formulation, Operations, Competitive Intelligence, Competitive Landscaping, and Mergers & Acquisitions.

This release was published on openPR.