Global Dialysis Market Research and Forecast, 2018-2023
Global dialysis market, size, share, market trends, research and analysis report by type (hemodialysis, peritoneal dialysis) by product (devices, consumables) by end user (hospitals and clinics, research institutions) forecast 2018-2023
According to OMR analysis, the global dialysis market is expected to grow significantly during the forecast period (2018-2023). Various pivotal factors driving the growth of the market includes increasing prevalence of diabetes and hypertension coupled with growing geriatric population and excessive consumption of alcohol, and tobacco. Additionally, rising patient pool of end-stage renal disease (ESRD) is also boosting the market.
Additionally, the global dialysis market is segmented on the basis of type, product, end-user, and regional outlook. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.
According to International Diabetes Federation (IDF), around 425 million patients from across the globe are suffering from diabetes. It is the major cause of kidney disease and nearly 1 out of 4 adults with diabetes have kidney disease. Kidney's filtration system affects due to diabetes, which in turn, increases the need for dialysis techniques, such as peritoneal dialysis and hemodialysis. Dialysis enables to remove extra liquid and purifies the blood. As a result, this process enables to make the kidney healthy.
Additionally, as per the Centers for Disease Control and Prevention (CDC), in the US, hypertension prevalence was 29.0%, which is increased with age group. For instance, in the US, among age group (18-39), the prevalence of hypertension was 7.5%, whereas, among the age group 40-59 and 60 and over, it was 33.2% and 63.1%, respectively during the period 2015-2016. This represents the growing hypertension rate with age. Hence, hypertension and ageing are also some major causes of kidney diseases. According to National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), after diabetes, hypertension is the second major cause of kidney failure in the US. The rate of kidney failure due to hypertension significantly increased 7.7% during the period 2000 to 2010 in the US. Hypertension can damage blood vessels in the kidneys and decreases their ability to function properly. In addition, uncontrolled hypertension can cause narrowing, weakening or hardening of renal arteries, which often leads to kidney failure. Hence, dialysis is required to live a healthy life, which in turn, results in the growth of the market.
The report covers
Comprehensive research methodology of global dialysis market.
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global dialysis market.
Insights about market determinants which are stimulating the global dialysis market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
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