Latest Dialysis Devices And Equipment Market Growth Study 2022-2026 By The Business Research Company
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The dialysis devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 5%, as per The Business Research Company’s market report!
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The Dialysis Devices And Equipment Market Size In 2022 And Forecast
The global dialysis devices and equipment market grew from $4.37 billion in 2021 to $4.72 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The dialysis devices and equipment market is expected to grow to $5.72 billion in 2026 at a CAGR of 4.9%.
The dialysis devices and equipment market consist of the sale of dialysis devices and equipment-related services.
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Increase In The Prevalence Of Kidney Failure Is Driving The Growth Of The Dialysis Devices And Equipment Market
According to the National kidney report, 2019, 30 million Americans are affected by CKD, and 90% of people are unaware. 1 in 3 Americans run the risk of being diagnosed with CKD. In the USA, kidney disease is the 9th leading cause of death.
Competitive Landscape And The Regional Analysis Of The Dialysis Devices And Equipment Market
Major players in the dialysis devices and equipment market are Fresenius Medical Care AG & Co KGaA, Baxter International, Nikkiso Co. Ltd, DaVita Inc, B. Braun Avitum AG, NxStage Medical, Asahi Kasei Corporation, Diaverum Deutschland GmbH, Medivators Inc, and Nipro Corporation.
Additionally, as per TBRC’s research – Asia Pacific was the largest region in the dialysis devices and equipment market in 2021 holding the largest market share.
The Dialysis Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the dialysis devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the dialysis devices and equipment market.
Developing Innovative Products – A Key Trend In The Dialysis Devices And Equipment Market
The latest trend in the dialysis devices and equipment market is the use of technology to develop innovative products that can enhance functionality. To enhance the quality of the devices, new methods are being developed to speed up the process of filtering the blood and improve the overall filtration process.
Dialysis Devices And Equipment Market Segmentation By The Business Research Company
1) By Product: Hemodialysis Devices, Peritoneal Dialysis Devices
2) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings
3) By Application: Serum And Blood Treatment, Virus Purification, Drug Binding Studies, Other Applications
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