Dialysis Devices Market to Grow at a Significant Rate During the Forecast Period
Increasing instances of renal failures
are influencing the Europe Dialysis Devices Market growth positively.
According to TechSci Research report, “Europe Dialysis Devices Market By Product Type
(Hemodialysis Devices, Peritoneal Devices, Continuous Replacement therapy
Devices, Others) By Application (Peritoneal Dialysis v/s Hemodialysis) By
Disease Condition (Chronic v/s Acute) By End User (Hospitals & Clinics,
Ambulatory Surgical Centers, Homecare) By Country, Competition Forecast &
Opportunities, 2026”, the Europe dialysis devices market is expected
to show a consistent growth in the next five years. The market growth can be
attributed to the increasing number of ERSD patients growing prevalence of
chronic diseases, renal failures, blood toxin related diseases. Moreover, lack
of donors for the kidney transplant is anticipated to drive the market of
Europe dialysis devices market in the next five years. Technological
advancements, and consistent research and development by the market players is
anticipated to drive the market growth in the forecast period, 2022-2026. Germany
holds the large number of market players with their manufacturing units and
research ends, that provide the technologically advanced products thereby may
create a difficult market for the new players to enter the market in the
country.
Dialysis devices are complex medical devices
that includes an injection like input portal where the blood from the human
body is withdrawn and the machine removes the toxins from the blood, and it is
then retransferred into the body through another injection like outlet attached
to the patient. The device contains various membranes that filter the waste
products, toxins, etc. which is later passed into the dialysate fluid.
Concerned measures are taken to overcome the side-effects as well as to provide
the best possible facilities to the patient.
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Dialysis devices Market"
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Europe dialysis devices market is segmented by
product type, application, diseases condition, end user, competitional
landscape, and country distribution of the market. Based on application, the
market is further segmented into peritoneal dialysis and hemodialysis.
Hemodialysis is anticipated to hold the largest share of the market owing to
the feasible access of the hemodialysis centers, Moreover, the individual countries
are elaborating their healthcare industry, that can be seen as number of
community dialysis centers are increasing rapidly, these factors are actively
supporting the growth of the market in the future five years. Although,
increasing instances of renal failures and end users inclination toward
provision of excellent healthcare facility to such patients, is driving the
growth of the peritoneal dialysis segment in the future five years with the
impressive CAGR.
Based on disease condition, the market is
categorized into acute and chronic diseases. Chronic diseases like renal
failures, kidney disorders, and industrial toxin induced diseases are rapidly
increasing thus driving the growth of the chronic disease market segment in the
future five years. Acute diseases may show some steady growth in the upcoming
five years.
Based on end users, the market is further
fragmented into hospitals & clinics, ambulatory surgical centers, and homecare.
Hospitals & clinics are anticipated to hold the largest market share in the
future due to availability of the facilities. New product launches,
availability of the health professionals is anticipated to propel the growth of
the hospitals & clinics as the end users of the market. Homecare may show
some significant growth of the market share due to increased demand of in home
care of the long term patients and increasing disposable income among the
population.
Some of the major
competitors in the market are Fresenius Medical Care AG & Co. KGaA, Medtronic
Plc., B Braun Melsungen AG, Baxter International, Inc., Nipro Medical Europe NV,
Nikkiso Europe GmbH, Teleflex Medical Europe Ltd., Allmed Medical Care Holdings
Limited, Terumo BCT Europe N.V., Rockwell Medical, Inc., among others. The companies are focusing on extensive
research and developments activities to stay competitive in the market. Other
competitive strategies include formation of alliances and partnerships. New
market players may invest in the research and development of the
technologically advanced products that may have the advantages of
cost-effective process, and fulfil the performance efficiency, which would
support the market growth in the future years.
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“Belgium
has the largest number of patients suffering from renal failures thus the surge
in the demand of the dialysis devices has increased multiple folds in the last
few years. The country might register increased demand in the future five years
thus driving the growth of the market at peak in the country. Moreover, Switzerland
can be held as a promising land for the future market in the upcoming five
years and experience a boom in its growth due to excellent healthcare industry
in the country. In fact, the country has been termed as the one of the best
healthcare facilities in the world in the year 2021. Moreover, the better
healthcare facility also signifies that governmental aids may also facilitate
the market growth in the future five years,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based Europe management consulting firm.
“Europe
Dialysis devices Market By Product Type (Drip/Filter Dialysis devices, Espresso
Dialysis devices and Pod/Capsule Dialysis devices) By End User (Residential Vs.
Commercial) By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Europe Dialysis
devices and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Europe Dialysis devices.
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