Global Hemodialysis Market Insights and Forecast to 2028

Hemodialysis Market Statistics 2028

The global Hemodialysis market size is estimated to be worth US$ 2018.1 million in 2022 and is forecasted to reach US$ 2206.7 million by 2028 with a CAGR of 1.5% during the review period. Key drivers of the hemodialysis market include the growing cases of chronic kidney diseases or chronic renal failure. The increasing awareness levels and rise in at-home kidney dialysis treatment for convenience will boost the hemodialysis market in the coming years. The growing application in drug poisoning and acute renal failure cases will accelerate the growth of the market during the review period. The rising R&D initiatives and automation in hemodialysis treatment will bolster the market expansion in the future. However, complications regarding dialysis will hamper the growth of the hemodialysis market.

VIEW FULL REPORT
https://reports.valuates.com/reports/QYRE-Auto-12M2358/covid-19-impact-on-global-hemodialysis

Hemodialysis Market Trends

The widespread prevalence of kidney diseases

End-stage renal disease is a critical kidney ailment. Hypertension, diabetes, alcoholism, drug abuse, and the growing geriatric population lead to the loss of proper functioning of kidneys over a period of time. Chronic kidney disease occurs when the kidneys are no longer able to flush out bodily fluids, wastes, electrolyte imbalances from the blood. Hemodialysis along with extra preventative care is provided for filtering out unnecessary chemicals from the body. ESRD is a leading global healthcare burden. This will drive the growth of the hemodialysis market during the review period.

The growing trend of in-home dialysis treatment

Regular visits to healthcare facilities for dialysis lead to frustration and wastage of time. Home therapies provide patients the freedom to choose their own schedules. They are more in control of their time and feel at ease in their home environment. Home dialysis is longer and slower leading to faster recovery and longer life expectancy. Hence patients are transitioning towards home-based treatment solutions which will bolster the growth of the hemodialysis market in the subsequent years.

Poisoning and acute renal failure

Pharmacologic toxicities are common and can be life-threatening. Drug overdose, harmful alcohol ingestion, plant or animal derivatives consumption, lithium, are some of the harmful forms of poisoning. The probability of adverse reactions and human exposure to these toxic substances is high. Hemodialysis is the common treatment used for filtering out harmful substances from our bodies. Moreover, acute renal failure cases are rising and due to the shortage of kidneys for transplants dialysis is the most sought-after treatment procedure. These factors will boost the growth of the hemodialysis market during the review period.

Advent of automation

The increasing number of patients needing hemodialysis requires an automated procedure for reducing human errors and manual workload. The repetitions of similar operations cause an operational burden. These devices utilize the ultrafiltration dialysate. The return of blood to the arterial side is done through rotation of the blood pump to automatic devices using physiological saline. These emerging trends will ultimately boost the growth of the hemodialysis market as R&D initiatives are continuing for technological developments.

Side effects

Hemodialysis can partially improve kidney function as the treatment is associated with a lot of complications. This hampers the hemodialysis market growth as people are reluctant in opting for this treatment procedure. The related chronic illnesses include insomnia, muscle cramps, sepsis, low blood pressure, anxiety, itchy skin, bone or joint pain and erectile dysfunction, etc.

INQUIRE FOR SAMPLE
https://reports.valuates.com/request/sample/QYRE-Auto-12M2358/Global_Hemodialysis_Market_Size_Manufacturers_Supply_Chain_Sales_Channel_and_Clients_2021_2027

Hemodialysis Market Share Analysis

Based on region, Europe will grow the highest in the hemodialysis market share with 42% followed by the US with 29% market penetration.

Segment by Type
Hemodialysis Machine (HD)
Hemodiafiltration Machine (HF)
Bedside Hemodiafiltration Machines (Bedside Machines or Bedside Blood Filtration)

Segment by Application
Acute Renal Failure
Chronic Renal Failure
Acute Drug Poisoning or Poison
Others

Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Segment by Company
Fresenius
Baxter & Gambro
B.Braum
Nikkiso
Toray
Nipro
Bellco
Asahi Kasei
WEGO
Shanwaishan
Jihua

SIMILAR REPORT

https://reports.valuates.com/reports/ALLI-Auto-2Z140/dialysis

https://reports.valuates.com/market-reports/QYRE-Auto-5K5506/global-dialysis-equipment

https://reports.valuates.com/market-reports/QYRE-Auto-26N416/global-peritoneal-dialysis

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

This release was published on openPR.