Hemodialysis is a procedure where a dialysis machine and a special filter called an artificial kidney, or a dialyzer, are used to clean blood. The global Hemodialysis market is expected to grow at a sound pace in the times to follow.
The increasing prevalence of kidney failure and chronic renal dysfunction is projected to boost the global Hemodialysis market throughout the forecast period. In addition, growing awareness about hemodialysis devices and services is estimated to generate high demand for hemodialysis treatment globally over the forecast period. According to the National Kidney Foundation, 10% of the population worldwide is affected by chronic kidney disease (CKD). Over 2 million people worldwide currently receive treatment with dialysis or a kidney transplant to stay alive. Of the 2 million people who receive treatment for kidney failure, the majority are treated in only five countries – the United States, Japan, Germany, Brazil, and Italy.
On the other hand, various product recalls, and risks and complications related to dialysis are some factors that hamper the growth of the Hemodialysis market. Nevertheless, the presence of untapped markets in developing nations is anticipated to provide new opportunities for the key players.
Covid-19 Impact on Hemodialysis Market
In addition, the current Hemodialysis Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Hemodialysis Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Hemodialysis Market Segment Overview
Based on the Product Type, the Dialyzers is the largest segment in the market. A dialyzer is often referred to as an “artificial kidney.” Its function is to remove the excess wastes and fluid from the blood when the patient's kidneys can no longer perform that task. Dialyzers are made of thin, fibrous material. Moreover, there are different types of hemodialysis. In-center hemodialysis is performed in hospitals or dialysis centers. Home hemodialysis is done at home three days a week in presence of a technician. In addition, daily home hemodialysis is done at home five to seven days a week and Nocturnal home hemodialysis is done overnight in six to eight hours.
Hemodialysis Market, By Type
· Conventional (3 times per week)
· Daily (6 days a week)
· Nocturnal (3-6 nights per week)
Hemodialysis Market, By Product Type
· Dialyzers
· Hemodialysis Machines
Hemodialysis Market, By Services
· In-Center Hemodialysis Services
· Home Hemodialysis Services
Hemodialysis Market Regional Overview
Region-wise, North America is deemed to be the key contributor towards the growth of the global Hemodialysis market. Factors such as increasing chronic kidney disease, growing awareness about disease and treatment options among the population, and well-established healthcare infrastructure are propelling the growth of the market in this region. The U.S. is considered the world’s largest market for hemodialysis products, followed by Europe. Likewise, Asia Pacific is expected to be the most significant market during the forecast period. Emerging healthcare infrastructure, growing healthcare expenditure, and increasing cases of kidney disease are contributing more to the development of the market in this region. As well, Japan has become the third-largest hemodialysis market in Asia.
Hemodialysis Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Hemodialysis Market Competitor overview
Some key developments and strategies adopted by manufacturers in Hemodialysis are highlighted below.
· In December 2020, Medtronic plc. announced the U.S. commercial launch of the Carpediem™ Cardio-Renal Pediatric Dialysis Emergency Machine and receiving Food and Drug Administration's (FDA) marketing authorization. The first Carpediem™ systems in the United States were successfully installed and are in use at Cincinnati Children's Hospital Medical Center.
· In October 2020, Diality Inc (diality.com), a medical device company that is developing a versatile hemodialysis system to address the unmet technology needs of the evolving dialysis industry, announced the close of a $12.5 million Series B investment round.
Hemodialysis Market, Key Players
· Baxter International
· B. Braun Medical Ltd.
· DaVita, Inc.
· Fresenius Medical Care AG & Co. KGaA
· Toray Industries, Inc.
· Nikkiso Co. Ltd.
· JMS Co. Ltd.
· Gambro
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Hemodialysis Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Conventional (3 times per week)
- 5.2.2. Daily (6 days a week)
- 5.2.3. Nocturnal (3-6 nights per week)
- 5.3. Market Analysis, Insights and Forecast – By Product Type
- 5.3.1. Dialyzers
- 5.3.2. Hemodialysis Machines
- 5.4. Market Analysis, Insights and Forecast – By Services
- 5.4.1. In-Center Hemodialysis Services
- 5.4.2. Home Hemodialysis Services
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Hemodialysis Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Conventional (3 times per week)
- 6.2.2. Daily (6 days a week)
- 6.2.3. Nocturnal (3-6 nights per week)
- 6.3. Market Analysis, Insights and Forecast – By Product Type
- 6.3.1. Dialyzers
- 6.3.2. Hemodialysis Machines
- 6.4. Market Analysis, Insights and Forecast – By Services
- 6.4.1. In-Center Hemodialysis Services
- 6.4.2. Home Hemodialysis Services
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Hemodialysis Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Conventional (3 times per week)
- 7.2.2. Daily (6 days a week)
- 7.2.3. Nocturnal (3-6 nights per week)
- 7.3. Market Analysis, Insights and Forecast – By Product Type
- 7.3.1. Dialyzers
- 7.3.2. Hemodialysis Machines
- 7.4. Market Analysis, Insights and Forecast – By Services
- 7.4.1. In-Center Hemodialysis Services
- 7.4.2. Home Hemodialysis Services
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Hemodialysis Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Conventional (3 times per week)
- 8.2.2. Daily (6 days a week)
- 8.2.3. Nocturnal (3-6 nights per week)
- 8.3. Market Analysis, Insights and Forecast – By Product Type
- 8.3.1. Dialyzers
- 8.3.2. Hemodialysis Machines
- 8.4. Market Analysis, Insights and Forecast – By Services
- 8.4.1. In-Center Hemodialysis Services
- 8.4.2. Home Hemodialysis Services
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Hemodialysis Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Conventional (3 times per week)
- 9.2.2. Daily (6 days a week)
- 9.2.3. Nocturnal (3-6 nights per week)
- 9.3. Market Analysis, Insights and Forecast – By Product Type
- 9.3.1. Dialyzers
- 9.3.2. Hemodialysis Machines
- 9.4. Market Analysis, Insights and Forecast – By Services
- 9.4.1. In-Center Hemodialysis Services
- 9.4.2. Home Hemodialysis Services
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Baxter International
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. B. Braun Medical Ltd.
- 10.6. DaVita, Inc.
- 10.7. Fresenius Medical Care AG & Co. KGaA
- 10.8. Toray Industries, Inc.
- 10.9. Nikkiso Co. Ltd.
- 10.10. JMS Co. Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
