There were 827 press releases posted in the last 24 hours and 199,111 in the last 365 days.
/EIN News/ -- Pune, India, June 28, 2022 (GLOBE NEWSWIRE) -- The global dialysis market size is projected to reach USD 177.56 billion by 2028, exhibiting a CAGR of 7.7% during the forecast period. Complications caused in the renal system by the COVID-19 infection is likely to spike the demand for dialysis during the current year. The COVID-19 infection, according to researchers at the Johns Hopkins University, has been affecting kidney function in patients, even among those who have no history of kidney disease or any underlying renal condition.
The university’s preliminary reports found that around 30% of the coronavirus patients in New York and China suffered from moderate to severe kidney malfunction during their hospital stay. Unusually high protein levels in urine and abnormal blood work have been the indicators for kidney damage in COVID-19 patients. Furthermore, patients developing severe kidney problems are required to undergo dialysis treatments to prevent additional damage from the infection. Thus, the coronavirus pandemic is expected to boost the Dialysis Market growth throughout 2020.
Get Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dialysis-market-102367
Unique highlights of the report:
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/dialysis-market-102367
Rising Preference for Kidney Transplantation to Hamper Market Growth
Patients around the world suffering from kidney disease or damage are showing an increasing inclination towards kidney transplantation. The Global Observatory on Donation and Transplantation reported that 84,347 kidney transplant procedures were performed across the globe, indicating a 5.5% rise from 2014 levels. Similarly, the US Government Information on Organ Donation and Transplantation estimated that there were over 116,000 patients on the national transplant waiting list in August 2017. This preference for transplantation over dialysis procedures is mainly on account of the promise of better quality life and lower risk of death in end-stage kidney disease patients. On the other hand, dialysis requires hours of treatment at hospital or a clinic; with patients reporting low blood pressure, nausea, and abdominal cramps after the procedure was completed. To avoid the inconvenience and pain caused by dialysis, kidney patients increasingly prefer getting a new kidney, which bodes well for the dialysis market growth.
North America to Hold Dominating Position in the Market; Asia-Pacific to Offer Bright Prospects
High incidence of chronic kidney disease (CKD) and end-stage renal disease (ESRD) enabled North America to register a market size of USD 36.46 billion in 2019. In 2020, the region is expected to tighten its hold on the market share owing to the skyrocketing number of COVID-19 cases in the US, which is surging the demand for these services in the region.
In Asia-Pacific, on the other hand, the market stands to benefit considerably on account of rising government funding in India and China to enhance access to renal care. For instance, China formulated specific regulations in 2016 to establish standards for managing hemodialysis centers in the country. The Dialysis Market in Europe is also anticipated to grow steadily owing to the robust healthcare infrastructure in the continent.
Quick Buy - Dialysis Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102367
Regulatory Backing to Novel Products to Encourage Innovation among Players
Development of innovative dialysis solutions has been the mainstay strategy of majority of the players in the Dialysis market. These innovations are finding strong support from regulatory bodies such as the US Food and Drug Administration (FDA), which is further encouraging other players to invest in R&D and bring out unique solutions for kidney patients.
The dialysis market is segmented on the basis of type, Product & Service, end user, and region. On the basis of type, it is bifurcated into hemodialysis and peritoneal dialysis. Hemodialysis is categorized into conventional hemodialysis, short daily hemodialysis, and nocturnal hemodialysis. Peritoneal dialysis is further classified into continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD). On the basis of Product & Service, it is divided into equipment, consumables, drugs, and services. On the basis of end users, it is bifurcated into in-center dialysis and home dialysis. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific
List of Players Covered in this Market Report:
• Nipro Corporation
• Medtronic
• Becton, Dickinson and Company
• B. Braun Melsungen AG
• Fresenius Medical Care AG & Co. KGaA
• Asahi Kasei Corporation
• Diaverum Healthcare Partners
• Baxter International, Inc.
• DaVita Healthcare Partners, Inc.
Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/dialysis-market-102367
Ask for Customization of this Report: https://www.fortunebusinessinsights.com/enquiry/customization/dialysis-market-102367
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
Email: sales@fortunebusinessinsights.com
EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to define some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines for more information.
© 1995-2022 Newsmatics Inc. dba EIN Presswire All Right Reserved.