Kidney Dialysis Equipment Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis

The Global Kidney Dialysis Equipment Market was valued at US$ 13,930.3 million in 2015 and is projected to expand at a CAGR of 6.6% during the forecast period (2016-2024), as highlighted in a new report published by Coherent Market Insights. Increasing number of End Stage Renal Disease (ESRD) patients, growing prevalence of diabetes & hypertension (major causes of kidney failure), rapid growth in the aging population are expected to be major factors driving growth of the global Kidney Dialysis Equipment Market over the foreseeable future.
Chronic kidney disease (CKD) is a serious medical condition, wherein either one or both kidneys are damaged, causing improper blood filtration, irregular blood pressure, electrolyte imbalance, and lower red blood cell production in the body. As a result, waste produced in the body by filtration process remains in the body and may further lead to other health problems such as gall stones, abdominal pain, and painful maturation. The incidence of chronic kidney disease increases with age and is mainly prevalent in the age group of 65 years and above. Diabetes and high blood pressure are among the most common causes of CKD. According to America Kidney Fund, diabetes cases accounts for 44% of all kidney failures or improper functioning of kidney. In 2012, there were around 239,837 kidney failure patients out of an estimated 29.1 million diabetics. It is observed that around 40% people having diabetes will be affected by chronic kidney disease. High blood pressure (HBP) leads to 28.4% of kidney failure cases. Other risk factors for chronic kidney disease include cardiovascular disease, obesity, high cholesterol, and lupus.
According to the University of California, incidence of end-stage renal disease (ESRD) in the U.S. is 5% annually, while only 20% of kidney donors are available every year. The need for kidney donors in the U.S. is increasing by 8% annually. Globally, Taiwan, U.S., Japan, Mexico, and Belgium are the countries with highest prevalence of ESRD. Kidney disease is the 9th leading cause of death in the U.S. According to American Kidney Fund, in 2015, around 31 million people in the U.S., i.e. 10% of the adult population suffered from chronic kidney disease (CKD). Chronic kidney disease is one of the most common among women than men, however, 50% of men when compared to women with chronic kidney disease have chances of turning chronic kidney disease kidney failure, also known as end-stage renal disease (ESRD). Kidney failure risk is higher in some racial and ethnic groups. According to Kidney National Foundation, when compared to whites, African Americans are at 4 times higher risk, Native Americans at 1.5 times higher, Asians at 1.4 times higher risk of contracting the disease. Non-Hispanics are 1.5 times higher risk to be diagnosed with kidney failure as compared to Hispanics.
Key takeaways of the Kidney Dialysis Equipment Market:
• The global Kidney Dialysis Equipment Market is expected to expand at a CAGR of 6% during the forecast period (2016-2024) as there exists a huge unrealized market especially in Asia Pacific, Latin America, Middle East and Africa
• Hemodialysis will dominate the market throughout the forecast period, accounting for 83.7% market share in 2016 and expected to remain dominant with 80.3% in 2024 owing to easy affordability and low price.
• In Clinical/ Dialysis Centers will dominate the market throughout the forecast period accounting 93.8% market share in 2016 and is expected to dominate with 92.7% in 2024.
• Some of the major players involved in global Kidney Dialysis Equipment Market are Baxter International, Inc., Fresenius Medical Care AG & Co., Nipro Corporation, B. Braun Melsungen, Nikkiso Co, Ltd., Asahi Kasei Corporation and NxStage Medical, Inc.

Thrust Vector Control System (TVC) Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Thrust Vector Control system (TVC) also called as Thrust vectoring is the ability of an aircraft, rocket, or other vehicles to control the direction of the thrust from engine or motor in order to control the attitude or angular velocity of the vehicle. Thrust Vectorin...

Ultra High Molecular Weight Polyethylene Ropes Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Ultra High Molecular Weight Polyethylene (UHMWPE) is odorless, tasteless, nontoxic, and resistant to corrosive chemicals except oxidizing acids having low moisture absorption (Hydrophobic) capacity and low coefficient of friction.  UHMWPE can float in water due t...

Enzyme Linked Immunosorbent Assay (ELISA) Analyzer Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

ELISA analyzer is a fully automated instrument for performing Enzyme Linked Immunosorbent Assay (ELISA). This device is designed to perform in vitro diagnostic tests for autoimmune diseases and infectious diseases such as AIDS. ...

Naloxone Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Naloxone, also referred to as Narcan, is an opioid antagonist that is widely used to reverse opioid overdose completely or partially. Opioid overdose generally causes respiratory depression among people, thus naloxone is used to reverse this adverse effect. Narcan is ...

Global Dual Specificity Protein Kinase TTK Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

A protein kinase is a kinase enzyme that helps in the modification of other proteins by chemically adding phosphate groups to them, which is known as phosphorylation. Dual specificity protein kinase TTK, also known as Mps1, is an enzyme, which is encoded by the TTK ge...

Smoked Eel Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Smoked eels are fishes that are cured by smoking. Foods have been smoked by humans throughout history, however, it was done to preserve the food. Nowadays, preservation of fish is possible by refrigeration or freezing. The smoking of fish adds a unique taste and flavo...

Fallopian Tube Cancer Market - Size, Share, Outlook, and Forecast till 2026

Published Date : Jun 2018

Fallopian Tubes also called as uterine tube are pair of tubes, which carry an egg from the ovary to the uterus. Fallopian tube cancer also called as tubal cancer is caused due to uncontrolled growth of cells in fallopian tubes that connect the ovaries and the uterus. ...

Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Power Lawn and Garden Equipment Market 2018, Forecast to 2023

Published Date : Jun 2018

Power Lawn and garden equipment means for gardens, green and later involved in conservation machinery and equipment, including lawn establishment and maintenance machinery, planting and maintenance of green machinery, planting and maintenance of urban trees and shrubs machinery, apparatus and equipm...

Global Power Lawn and Garden Equipment Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Published Date : Jun 2018

Power Lawn and garden equipment means for gardens, green and later involved in conservation machinery and equipment, including lawn establishment and maintenance machinery, planting and maintenance of green machinery, planting and maintenance of urban trees and shrubs machinery, apparatus and equipm...

Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Automated Material Handling Equipment Market 2018, Forecast to 2023

Published Date : Jun 2018

Automated Material Handling Equipment (or short as AMHE) can play an essential role in modern factories for work-in-process storage and offer the advantages of improved inventory control and cost-effective utilization of time, space and equipment. Warehouse material handling approaches...

 

Select Licence :

  • Single User : $4500
  • Multiple User : $7000
  • Corporate User : $10000

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.