Medical Devices
Global Dialysis Equipment Market Research and Analysis, 2017-2022
Global Dialysis Equipment Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2017-2022
The Dialysis Equipment Market is estimated to grow at a CAGR of 6.5% from 2017-2022. According to a recent report by Orion Market Research, increasing prevalence of diabetes and hypertension is the major factor driving dialysis equipment market. There are other pivotal factors that are contributing significantly in the growth of dialysis market which includes technological advancement, rising geriatric populations, significant investment in R&D programs and patient preference for dialysis over renal transplants. The Dialysis Equipment Market has growth opportunities with innovations in new product development such as introduction of portable dialysis systems and wearable kidney devices. However, government regulations and limited reimbursements for dialysis are major restraining factors for the market. High costs of dialysis treatment are also limiting the growth of the market.
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Geographically, North America, owing to high prevalence of renal diseases and increase in ageing population, holds the maximum of market share and is expected to be the largest market for Dialysis Equipment Market during the forecasted period. Heavy investments in R&D and government initiatives to provide better healthcare are also adding to market growth in this region. APAC, owing to huge patient pool and improving healthcare infrastructure is expected to show rapid growth in this market. Increasing incidences of diabetes and obesity in this region are contributing significantly in the market growth. Government funding and increasing awareness in countries such as India and China are also considered as growth motivators for the market in these regions. However, limited healthcare spending and high costs of dialysis are expected to hamper growth of the market. Innovations and R&D in portable dialysis systems offer a great opportunity for the market.
Browse full report at: Dialysis Equipment Market
The report includes detailed market overview, market determinants, company profiling, market segmentation, geographical analysis, strategic recommendations, key company analysis, key findings, market insights, analyst insights and predictive analysis of the market.
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