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Dialysis Market Analysis, Size, Share, Trends and Future Scope

01-03-2018 12:28 PM CET | Health & Medicine

Press release from: P&S Market Research - Medical Devices

Dialysis Market Analysis, Size, Share, Trends and Future Scope

Dialysis is a process that involves clinical purification of blood, by removing waste such as urea, creatinine, and excess water from blood and is majorly used as an artificial replacement of kidney function in the patients. Dialysis also find its application in patients suffering from chronic renal failure, renal diseases, and kidney transplant. According to the Centers for Disease Control and Prevention (CDC), around 4.9 million adults were diagnosed with the kidney diseases, in the U.S., in 2015. Therefore, the rising prevalence of chronic renal disease has been fueling the demand of dialysis products and services, leading the overall growth of global dialysis market.

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The dialysis market is broadly classified into two major systems, namely hemodialysis and peritoneal dialysis. Hemodialysis is further categorized as conventional hemodialysis, short daily hemodialysis, and nocturnal hemodialysis, and peritoneal dialysis is bifurcated as continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD). The adoption of hemodialysis is more as compared to peritoneal dialysis due to the less awareness about peritoneal dialysis. Among the end users, in 2016 in-center dialysis held the largest share of the market in comparison to home dialysis. The preference of in-center over home dialysis is attributed to the fact that in-center dialysis is performed in hospitals and independent centers under clinical supervision.

Global dialysis market is expected to grow considerably during the forecast period, due to an increase in number of end stage renal disease (ESRD) patients, rise in incidences of diabetes and hypertension, and increase in funding for development of new products.

According to the U.S. renal data system annual data report, more than 660,000 U.S. citizen were treated for kidney failure, also known as ESRD in 2016. Among these more than 193,000 had a functioning kidney transplant and 468,000 are dialysis patients.

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The key trend witnessed in the dialysis market globally, is the rising acceptance of peritoneal dialysis treatment, due to its product portability and convenience of in house usage. The peritoneal dialysis can be done easily at home and sometimes can be done while sleeping. This has led the key players to focus and manufacture product range under the peritoneal dialysis treatment section and also increases the opportunity to develop enhanced products. Thus, patients are increasingly adopting the peritoneal dialysis and it is expected to grow faster as compared to the hemodialysis during forecast period. The untapped markets in the developing economies, and the increasing number of dialysis centers are creating ample opportunities for the growth of the overall dialysis market.

Some of the key players in the dialysis market across the globe are Fresenius Medical Care AG & Co. KGaA, DaVita Inc., B. Braun Melsungen AG, Nikkiso Co. Ltd., Asahi Kasei Corporation, Medicators, Inc., NxStage Medical, Inc., Diaverum Deutschland GmbH, Nipro Corporation, and Baxter International, Inc.

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The key players are readily tapping the untapped market with more innovative products and increasing their market presence which is leading to the growth of the dialysis market.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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