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Increasing Kidney Failures and Adoption of Dialysis Will Surge the Global Dialysis Equipment Market

INDORE, INDIA, February 7, 2018 / -- Orion Market Research (OMR) recently published a market research report on Global Dialysis Equipment Market. According to OMR analysis, the global dialysis equipment market is expected to grow impressively with a CAGR of 6.5% during 2017-2022. The market is estimated to show a significant growth rate due to increasing incidences of kidney failure. The global dialysis equipment market is segmented by hemodialysis machine, hemodialysis consumables, by peritoneal dialysis, by continuous replacement therapy systems, and geography. The report provides detailed and insightful chapters on Market Overview, Key Findings, Strategic Recommendations, Market Estimations, Market Determinants, Sector Analysis, Key Company Analysis, Market Insights, Company Profiling, Market Segmentation, Geographical Analysis, Analyst Insights and Predictive Analysis of the Market.

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The machine is used in dialysis to filter a patient's blood in order to remove excess water and waste products when the kidneys are damaged, dysfunctional, or missing. The dialysis machine itself act as an artificial kidney. The machine contains plastic tubing, a bundle of hollow fibers and a semipermeable membrane. By dialysis machine, the blood is first purified and after filtration, the cleaned blood is returned into the body of the patient. The major factors that will drive the market are increasing incidences of diabetes and hypertension. Diabetes is one of the major reasons for kidney failure, rising investments in research & development, increasing geriatric population and increasing adoption of dialysis over renal transplants.

Among major economies, Japan has the largest percentage of geriatric population as 27% of its population was over 65 years in 2016. The chances of prevalence of kidney related diseases or kidney failure are quite high in people aged above65 years. In the emerging economies such as China, the prevalence of kidney related disease is 7.4% for the age group of 18-39 whereas it is 18.0% and 24.2% for the age group of 60-69 & 70+ years respectively. Some other major economies with a high percentage of Geriatric population are the US (15%), the UK (17%), Germany (21%), and Italy (22%). Innovations in portable dialysis systems and wearable kidney devices will create the further demand for dialysis equipment during the forecast period.

On the basis of geography, the dialysis equipment market is segmented into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). North American region will be the largest market globally. Countries such as the US and Canada will be the largest contributors in the market. Increasing geriatric Population, high prevalence of renal diseases, well-developed healthcare infrastructure, increase in diseases of Diabetes and so on are the major factors that are augmenting the market growth. Heavy investments in R&D and government initiatives to provide better healthcare are adding to market growth in this region. In APAC, countries like China, India and Japan will show a vital growth during the forecast period. A large percentage of geriatric population in Japan and China, and increasing government investment, huge patient pool, increasing disposable income of the countries are the major factors, which will fuel the market growth. In Europe, the market in the countries of the European Union such as the UK, France, Spain, Germany and Italy will show a vital growth. The percentage of geriatric population is high in Germany, Italy and the UK. Therefore, developed healthcare infrastructure and large investments by the government will boost the market growth in the European region.

Key Companies Profiled in the Report-
• Allmed Medical
• Asahi Kasei Corporation
• B. Braun Melsungen
• Baxter International Inc.
• Bellco (Medtronic)
• Fresenius Medical Care
• Gambro
• Mar Cor Purification
• Medivators
• Nikkiso
• Nipro Corporation
• Nxstage Medical
• Rockwell Medical
• Teleflex
• Terumo
• Toray Industries

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The report covers:
• Comprehensive research methodology of dialysis equipment market
• In-depth analysis of macro and micro factors influencing the market guided by key recommendations
• Analysis of regional regulations and other government policies impacting the dialysis equipment market
• Insights about market determinants which are stimulating the global dialysis equipment market
• Detailed and extensive market segments with regional distribution of forecasted revenues
• Extensive profiles and recent developments of market players

About Orion Market Research
Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, company profiling, consulting and other research-based services. OMR provides global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. The company provides a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.

Anurag Tiwari
Orion Market Research Pvt. Ltd.
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