Renal Dialysis Equipment - Global Pipeline Analysis, Competitive Landscape and Market Forecasts

Lifestyle Changes Drive Global Kidney Dialysis Equipment Demand, This report provides market landscape, competitive landscape and market trends information on the renal dialysis equipment market.
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* Renal Dialysis Equipment

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Nov. 28, 2012 - PRLog -- Soaring levels of kidney disease are becoming a global concern for national healthcare programs, which are struggling to keep up with the demand for dialysis treatment, states a new report by healthcare experts.

The report* claims that the global adoption of unhealthy lifestyles is leading to higher levels of smoking and obesity, while the population continues to age, fuelling a renal disease epidemic.

Kidney failure, also known as end-stage renal disease (ESRD), is a serious and lifethreatening condition that causes the accumulation of waste products and increases the fluid levels in the human body, causing decreased urine production, blood in the urine, cardiovascular disease, anemia, and ultimately death. In order to prevent this  buildup of waste in the body, dialysis treatment is required to clean the blood.

The global renal dialysis equipment market is steadily growing, thanks to the increasing global incidence of renal disorders. Our experts estimates that the ESRD patient base will expand at an annual rate of 4-6% across the US, and Europe, and at 6-10% across the rest of the world.

Diabetes and hypertension are well-established risk factors that lead to the progression of renal disease, and the two diseases are becoming increasingly common worldwide. The world’s population is also aging, with the number of older people projected to increase significantly over the next two decades. Renal disease is a major healthcare concern within the elderly population, due to the high burden of related illnesses, and structural and functional changes that affect the kidneys during old age.

The US represents the largest market for renal dialysis equipment, as not only does the country have twice the treatment rate for ESRD as compared to European countries, but the incidence and prevalence of ESRD in the US has risen markedly in the past decade, especially among adults aged 65 years and older. However, Asian countries such as China, Japan, and Korea are now catching up with prevalence varying from 10-18%.

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This trend is creating demand for greater levels of service from hospitals and clinics which provide dialysis, and is also creating a widening gap between the number of patients and the number of nephrologists. This puts increased pressure on existing resources and a higher patient load on medical staff, potentially threatening quality of care. Renal dialysis equipment will need to adapt to such market changes, and athome and portable dialysis machines look to be a promising venture for medical device companies.

The global renal dialysis equipment market is forecast to grow at a Compound Annual Growth Rate (CAGR) of 5.7% between 2011 and 2018 to reach $14.3 billion by 2018.

This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by our  team of industry experts.

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