Hemodialysis Market Global Research Analysis Report and Clinical Outlook 2021 to 2030

The Global Hemodialysis Market size was valued at USD 78.30 billion in 2019, and is predicted to hit USD 116.66 billion by 2030, witnessing a CAGR of 3.60% from 2020-2030.

Hemodialysis is an extra-corporeal renal replacement procedure that aids in purification of blood by removal of toxins, creatinine, urea, and excess water from blood, utilizing an artificial membrane, hence maintaining the electrolyte balance of the blood.

At the point when kidney functioning goes underneath 10%-15%, it is unable to filter blood naturally. This enables the toxins to develop in the body alongside excess fluid. Hemodialysis helps evacuate these toxins and is an effective treatment for end-stage renal disease. It is performed at a frequency of 3 times per week, 6 days per week or 3-6 nights per week based on condition of the patient.

Hemodialysis is performed using a hemodialyzer in hospitals or dialysis centers, and it may be an in-patient or an out-patient treatment. It is used in the treatment of chronic kidney disease, acute renal injury, for those expecting a kidney transplant or as a permanent measure in cases where kidney transplant is not advisable.

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Top Companies: Asahi Kasei Corporation, Cantel Medical Corp., DaVita, Inc., Diaverum, Fresenius Medical Care AG & Co. KGaA, Nikkiso Co., Ltd., B. Braun Melsungen AG, Baxter International, Inc., Nipro Corporation, NxStage Medical, Inc.

Market Dynamics and Trends

According to the data reported by World Health Organization, 2.62 million people received dialysis at global level in the year in 2010, and the need for dialysis is projected to double by the year 2030. This scenario is propagating the growth of the global hemodialysis market.

Besides, factors such as increasing incidences of renal dysfunction, kidney failures, chronic kidney disease as well as growing number of end-stage renal disease (ESRD) patients, are likely to propel the growth of the hemodialysis market throughout the forecast period.

Furthermore, increased occurrence of diabetes and hypertension, as well as shortage of kidney donors, are increasing the demand for hemodialysis treatment, hence supplementing the growth of the hemodialysis market.

However, high-cost of the treatment, risks & complications associated with dialysis procedure and product recall are the factors hampering the growth of the hemodialysis market.

Moreover, higher investments in R&D activities, increase in funding for better dialysis products and services, as well as the technological advancements leading to better adoption and growth opportunities in emerging economies shall create lucrative opportunities for growth in the global hemodialysis market in coming future.

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Market Segmentations and Scope of the Study:

The hemodialysis market share has been analyzed on product & service, type, end user, and geography.

Based on product & service, the market is segmented into equipment, consumable, drug, and service. Based on type, the market covers conventional, daily, and nocturnal. Based on the end user, the market is classified into in-center dialysis and home dialysis. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America region demonstrates higher adoption of hemodialysis treatment, hence it is expected to dominate the global hemodialysis market, accounting for the highest market share, throughout the forecast period. This is due to presence of well-established healthcare-infrastructure, presence of key market players, introduction to new technologies & innovations as well as higher prevalence of kidney diseases in this region.

Asia Pacific region is expected to grow with the highest CAGR values in the global hemodialysis market throughout the forecast period, owing to higher investments in R&D activities, increasing awareness in diagnosis of kidney diseases at an early stage, and untapped market opportunities in the emerging economies present in this region.

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