Haemodialysis Market: Share, Size, Growth, Opportunity, And Forecast 2019-2027

 

The rise in the incidence of hypertension and diabetes is driving the global hemodialysis market. Furthermore, an increase in the number of patients with end-stage renal disease (ESRD) and a scarcity of kidneys for transplantation are two significant drivers driving market expansion. However, multiple product recalls, as well as the dangers and difficulties connected with dialysis, are limiting the market's growth. On the other hand, the presence of untapped markets in rising nations is projected to generate new opportunities for important companies.

Haemodialysis Market is divided into four categories: kind, product and service, end user, and geography. It is divided into three types: traditional (3 times per week), everyday (6 days per week), and nocturnal (3-6 nights per week). It is divided into four categories based on product and service: equipment, consumables, drugs, and services.

 Impact of COVID-19 on worldwide hemodialysis and peritoneal dialysis markets

The coronavirus pandemic is currently posing a number of issues for clinicians and patients all around the world. The growth in the number of COVID cases, as well as the severity rate, is expected to lead to an increase in the occurrence of renal damage.

Haemodialysis Market is a medical procedure that is used when kidney function falls below 10%-15%. A dialyzer, or artificial kidney, is used to filter excess fluids and toxins from the blood and restore electrolyte balance during this surgery. It enhances kidney function by removing waste materials like creatinine and urea from the bloodstream. It also helps to control blood pressure by balancing mineral concentrations in the circulatory system, such as sodium, potassium, and calcium. Furthermore, the technique prevents the buildup of salts and other toxins, which can harm and interfere with the function of other organs in the body.

Key Players in the Global Hemodialysis Market

Baxter Healthcare Corporation, B. Braun Medical Inc., Fresenius Medical Care AG & Co. KGaA, Toray Industries, Inc., Nikkiso Co. Ltd., JMS Co. Ltd., Diaverum Deutschland GmbH, Nipro Corporation, and Gambro are some of the prominent competitors in the worldwide hemodialysis market.