The Global Renal Dialysis equipment market is anticipated to grow at a CAGR of 5.67% between 2018 and 2026. The evolution of dialysis technology has contributed to the development of the healthcare sector. Researchers are focusing on innovating products and machines for dialysis. The Renal Dialysis equipment market is primarily driven by the following factors:

• Increasing end-stage renal disease
• Preference of dialysis over kidney transplant
• Increase in healthcare expenditure
• Increasing use of minimally invasive processes

The important drivers increasing growth in the global renal dialysis equipment market are increasing end-stage renal disease and the preference of dialysis over kidney transplant. The end-stage renal disease is highest in countries like Taiwan, the U.S., Japan, Mexico, Portugal, and Singapore. Although globally the number of ESRD (End-stage renal dialysis) patients are increasing, there are not enough kidney donors to compensate for the number. Patients have to wait a very long time for kidney replacement.

The Applications of Renal Dialysis equipment market is used extensively for various purposes. Hemodialysis is a life-supporting treatment used to help a person whose kidneys are not functioning properly. The person is linked to a dialysis mechanism by means of a catheter positioned in a large vein. The machine rinses the blood artificially and brings the blood back to the individual. Renal replacement therapy (RRT) is normally mandatory for patients with austere acute kidney injury (AKI). Acute RRTs comprise of continuous renal replacement therapies (CRRTs), peritoneal dialysis, intermittent hemodialysis, and hybrid treatments such as prolonged intermittent renal replacement therapies (PIRRTs), which deliver sustained but still intermittent dialysis.

Lack of Awareness and risks associated with the dialysis are the major factors hindering the Renal Dialysis equipment market. Techniques such as home dialysis and peritoneal dialysis have many benefits, which include blood pressure control, flexibility, fewer medications and low mortality rates. However, people are still hesitant to use these methods due to their lack of awareness. Despite the introduction of safer products, there are still risks and complications associated with dialysis. These include fatigue, low blood pressure, sepsis, muscle cramps, itching, insomnia, anxiety and erectile dysfunction.

The Global Renal Dialysis equipment market segments include types, end users, and applications.

Types are segmented into:

• Dialysis accessories
  • Dialyzers
  • Catheters
  • Blood tubing
  • Fistula needles
• Dialysate and other solutions
• Dialysis equipment
  • Standalone
  • Portable

End users are segmented into:

• Medical center dialysis
• In-home dialysis

Applications are segmented into:

• Hemodialysis
• Peritoneal dialysis
• CRRT

This report covers the present market conditions and the growth prospects of the Global Renal Dialysis Equipment Market for 2018-2026 and considered the revenue generated through the sales of Renal Dialysis equipment for types, end users as well as applications, to calculate the market size by considering 2017 as the base year.

Geographically, the Global Renal Dialysis Equipment Market has been segmented on the basis of four major regions, which include:

• North America: The United States. & Canada
• Asia-Pacific: China, India, Japan, Australia, South Korea & Rest of APAC
• Europe: The UK, France, Germany, Italy, Russia & Rest of Europe
• Rest of World: Latin America & Middle East and Africa

The Renal Dialysis equipment market in North America is expected to hold the largest share by 2026 on account of the growing cases of kidney failures. According to the National Institute of Diabetes and Digestive and Kidney disease, in 2016, more than 661,000 Americans had kidney failure. Of these, 468,000 individuals were on dialysis, and roughly 193,000 were living with a functioning kidney transplant. There are approximately 6,479 dialysis facilities in the U.S, of which, approximately 617 are hospital based. The yearly Medicare expenditure to treat kidney catastrophe in the U.S. is roughly $31 billion. However, the Asia-Pacific is anticipated to be the fastest-growing region for the Renal Dialysis equipment market due to the rising incidence of kidney failure and a lower rate of organ transplantation in the region. Patients consider dialysis as a more viable option than a kidney transplant because the limited availability of kidney donors and complexities and risks involved in kidney transplantation lead to lesser kidney transplantations, and thus more emphasis is given to dialysis

The Renal Dialysis Equipment Market is on the basis of types which are sub-divided into Dialysis accessories, Dialysate and other solutions and Dialysis equipment. The market is also segmented on the basis of End users which are sub-divided into Medical centre dialysis and In-home dialysis. Dialysis accessories include the devices and disposables used with dialysis equipment in renal dialysis procedures. Dialysate and other solutions consist of the solutions, concentrates and purified water to perform all types of dialysis. Different types of dialysis equipment are available in today’s market; some of which are dialysis machines, water treatment systems, and dialysate preparing equipment. Medical center dialysis is provided by hospitals, clinics and dialysis centers in the presence of the doctor or nurse. In-home dialysis is performed at home by the patient or by any family member trained in conducting dialysis at home.

The major market players in the global Renal Dialysis Equipment Market are:

• ASAHI KASEI CORP.
• BAXTER INTERNATIONAL INC.
• R. BARD INC.
• FRESENIUS MEDICAL CARE
• MEDTRONIC PLC

Company Profiles covers analysis of important players.

Asahi Kasei Corporation (Asahi Kasei or ‘the company’) is primarily engaged in the chemicals, fibres, housing, construction materials, electronics, and healthcare businesses. The company classifies its business into four business segments: Chemicals and Fibers; Homes and Construction Materials; Health Care; and Electronics. Medtronic is a medical device company headquartered in Dublin, Ireland. In 2015, Medtronic acquired Covidien, which is now a part of Medtronic’s minimally invasive therapies group. The acquisition of Covidien brought its renal care therapies and products business into Medtronic’s.

Key Findings of the Global Renal Dialysis equipment market:

• Dialysis accessories are majorly used
• Medical center dialysis holds the largest market share in terms of the end user and is anticipated to grow at a faster rate
• Hemodialysis is widely used application of the renal dialysis market