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Hemodialysis Chairs Market Growth, Segments, Top Vendors, Revenue And Forecast By 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Hemodialysis Chairs Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $105.87 billion In 2028 At A CAGR Of 5.4%
The hemodialysis chairs market size has grown strongly in recent years. It will grow from $80.6 billion in 2023 to $85.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing incidence of hernias, rise in obesity rates, ageing population, patient preference for less invasive surgeries, evolving regulatory environment, collaboration between surgeons and manufacturers.
The hemodialysis chairs market size is expected to see strong growth in the next few years. It will grow to $105.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to focus on biocompatible materials, personalized treatment approaches, global health initiatives, increased patient and physician education, growing demand for robotic-assisted surgery. Major trends in the forecast period include advancements in biocompatible materials, focus on minimally invasive techniques, innovation in absorbable mesh technology, customization for complex hernias, integration of barrier coatings.
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Hemodialysis Chairs Market Major Segments
The hemodialysis chairs market covered in this report is segmented -
1) By Product: Manual Hemodialysis Chair, Electrical Hemodialysis Chair
2) By Material: Leather, Vinyl, Other Material
3) By End User: Hospitals, Hemodialysis Research Centers, Government Organizations, Ambulatory Centers, Home Care
Key Driver - Increasing Prevalence Of Kidney Diseases Drives Growth Of Hemodialysis Chair Market
The increasing prevalence of kidney diseases is expected to propel the growth of the hemodialysis chair market going forward. Kidney diseases, or renal diseases are medical conditions affecting the kidneys' structure and function. Hemodialysis chairs are essential to helping kidney patients tolerate lengthy dialysis sessions quickly, as they provide comfort, safety, cushioning, and patient monitoring capabilities. For instance, in February 2023, according to the Australian Institute of Health and Welfare, an Australia-based national health agency, the number of hospitalizations with chronic kidney disease as the primary diagnosis (excluding dialysis) increased from 197 to 205 (per 100,000 people) between 2020 and 2021. Further, the number of people receiving kidney replacement therapy increased from about 94 in 2019 to 95 in 2021 (per 100,000 people). Therefore, the increasing prevalence of kidney diseases is driving the growth of the hemodialysis chair market.
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Prominent Trend - Increasing Focus On Innovative Products Such As Electric Linear Actuator To Provide Reliable Services To Their Customers
Major companies operating in the hemodialysis chairs market focus on developing innovative electric linear actuators with IO-link to provide reliable customer service. An electric linear actuator is a motor-driven linear drive used in positioning, assembly, and handling systems. For instance, in January 2021, Linak U.S. Inc., a US-based machinery manufacturing company, launched the first electric linear actuator with IO-link. Linak electric linear actuator systems are utilized in hospital treatment dialysis chairs to generate movement and improve comfort and safety. IO-Link simplifies installation, configuration, and diagnostics and is one of the communication interfaces used in modern factories. The actuator contains all necessary electronics, making integration into an IO-Link network and replacement uncomplicated.
Hemodialysis Chairs Market Players
Major companies operating in the hemodialysis chairs market report are Greiner Bio-One, Rockwell Medical Inc., Honeywell International Inc., Medtronic plc, Asahi Kasei Medical Co. Ltd., Kimberly-Clark Corporation, Toray Medical Co. Ltd., DaVita Healthcare Partners Inc., Nipro Corporation, Ahlstrom Munksjo Oy, Getinge Group, Nikkiso Co. Ltd., Belimed AG, NxStage Medical Inc., Champion Manufacturing Inc., Digiterm Ltd., Euroclinic SpA, Seers Medical Ltd., Acime-Frame, Health Tec Medical Ltd., Medi-Plinth Equipment Ltd., Actualway Holdings Ltd., Matachana Group, Diasol Inc., Synergy Health plc, Fresenius SE & Co KGaA, Acime-Frame, Sakura Global Holding Company Ltd., Cisa S.p.A, Medivators Inc.
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Largest And Fastest Growing Region In The Market
Asia Pacific was the largest region in the hemodialysis chairs market in 2023. The regions covered in the hemodialysis chairs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Hemodialysis Chairs Market Report Structure
3. Hemodialysis Chairs Market Trends And Strategies
4. Hemodialysis Chairs Market - Macro Economic Scenario
5. Hemodialysis Chairs Market Size And Growth
…..
27. Hemodialysis Chairs Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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