Dialyzers Market Headed for a Steady Growth at 4.9% Forecast by 2026, says Fortune Business Insights

Pune, India, April 2019: Renal failure is common in aged people. However, recent studies have reported a gradual increase in its incidence among young adults as well. According to the National Kidney Foundation, around 10% of the population worldwide is affected by chronic kidney diseases (CKD). Moreover, millions die every year as several among the affected population don’t have access to affordable treatment. Companies and governments across several regions are planning to introduce new and improved hemodialysis equipment, which in turn will drive the Global Dialyzers Market. Fortune Business Insights in its new report, titled “Dialyzers Market: Global Market Analysis, Insights and Forecast, 2019-2025” stated that lucrative healthcare reimbursement policies will boost the adoption of hemodialysis equipment in the coming years. The company further reported that the global dialyzers market is predicted to attain US$ 13707.2 Mn by 2026, as against US$ 9344.7 Mn in the year 2019. Taking these numbers into consideration, the market is projected to exhibit a CAGR of 4.9% during the forecast period.

Increasing Focus on Expanding Customer Reach and Product Launches Helps Companies to Earn Better Profits 

In 2017, Baxter launched a new product called Dicap Pro hemodialyzer. This new dialyzer was designed to enhance the kidney dialysis of patients suffering from CKD. Also, the product was designed to enable healthcare professionals design treatments as per specific requirements of their patients. Among the market players, Fresenius Medical Care emerged dominant in the global dialyzers market. The company is maintain its stronghold at a global level through 2026 owing to its efficient customer reach, robust supply chain distribution, and well-established brand presence. Fresenius Medical Care and Baxter currently hold over half of the dialyzers market  in terms of revenue. Other players operating in the global dialyzers market are Nipro Corporation, Nikkiso Co., Ltd., B Braun Melsungen, Asahi Kasei Corporation, JMS Co. Ltd., and Toray Medical Co., Ltd. 

Lower Preference Towards Kidney Transplantations Fuels Demand for Dialyzers

“The rising prevalence of chronic diseases is projected to offer substantial growth opportunities to the dialyzers market,” said a lead analyst at FBI. The risk associated with such diseases can result into hypertension, cancer, and diabetes. “Moreover, people prefer dialysis more than kidney transplantations owing to its affordable cost, which is expected to further drive the dialyzers market,” he added.  Additionally, well-equipped healthcare infrastructure is likely to play a vital role in the spurring the adoption of hemodialysis equipment. With the advent of technology, the healthcare facilities are advanced with the required resources to conduct hemodialysis sessions. FBI predicts that that more the facilities are technological sound, the more demand will grow for dialyzers in the next coming years. Other factors responsible for positively impacting the dialyzers market include rising healthcare expenditure across the world and favorable healthcare reimbursement policies. 

The demand for high-flux dialyzers is growing due to to their proven efficiency in the removal of large size toxin molecules. This, coupled with the high compatibility of high-flux dialyzers and emerging technologies in hemodialysis, is anticipated to propel growth of the dialyzers market until 2026. 

Rising Adoption of Hemodialysis and Expanding Healthcare Infrastructure Support Growth in Asia Pacific

Among regions, the Asia Pacific market was valued at US$ 3353.9 Mn in the year 2018 and is projected to lead the global dialyzers market through the forecast period. The rising adoption of hemodialysis to treat end-stage renal diseases is the chief factor driving the dialyzers market in Asia Pacific. Besides this, the rapid development in terms of healthcare infrastructure allowing easy installation of hemodialysis machines may boost the expansion of dialyzers market in this region. Followed by Asia Pacific, North America is the second most prominent region in terms of revenue in the global dialyzers market. Rising disposable income and well-established healthcare infrastructure are expected to create substantial growth opportunities for the market during the forecast period.

Browse Complete Report @ https://www.fortunebusinessinsights.com/industry-reports/dialyzers-market-100166

The global dialyzers market can be segmented into the following categories: