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Surge in geriatric population across the globe drive the growth of the global hemodialysis catheters market.

11-10-2022 11:04 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Surge in geriatric population across the globe drive the growth

Hemodialysis is a process of blood purification of patients whose kidneys are not working normally. Hemodialysis helps to filter wastes and water from blood, for a patients suffering from kidney failure. Hemodialysis helps to control blood pressure and balance of sodium, potassium, and calcium. For a patient with kidney failure, catheter helps in attaching the dialyzer and external tubing helps in facilitation of efficient removal of wastes such as urea and extra fluid from blood, same as functional kidney. Hemodialysis catheter is a thin, flexible tube that is implanted in superior vena cava for blood transmission during hemodialysis. The catheter consists of one or two synthetic cuffs along the shaft and are inserted using a special trocar.

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The global hemodialysis catheters industry was accounted for $736 million in 2020, and is expected to reach $1.16 billion by 2030, growing at a CAGR of 4.66% from 2021 to 2030.

Rise in kidney diseases and surge in geriatric population across the globe drive the growth of the global hemodialysis catheters market. On the other hand, risk of blood infection and strict regulations in this sphere impede the growth to some extent. However, high-end technological developments in the healthcare industry are expected to create lucrative opportunities in the industry.

Covid-19 Scenario-

The hospitals and medical centers happened to focus more toward patients suffering from Covid-19, especially during the initial period, thereby postponing the dialysis procedures. This, in turn, impacted the global hemodialysis catheters market negatively.

However, the market is anticipated to get back on track soon.

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Prominent market players-

Dickinson and Company
Omnicell Inc.
Becton
Scriptpro LLC
Lonza
Baxter
Danaher
Capsa Healthcare
Cerner Corporation
RX Safe
Parata

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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