The increasing prevalence of end-stage renal diseases is fostering the growth of the global “hemodialysis services market” says fortune business insights in a report, titled “Hemodialysis Services Market Size, Share and Global Trend by Type (Home-Based Hemodialysis, In-Centre Hemodialysis), and […]
The increasing prevalence of end-stage renal diseases is fostering the growth of the global “hemodialysis services market” says fortune business insights in a report, titled “Hemodialysis Services Market Size, Share and Global Trend by Type (Home-Based Hemodialysis, In-Centre Hemodialysis), and Geography Forecast till 2026.” Rising awareness about the early diagnosis for kidney diseases is a factor contributing significantly to the global market.
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Nephroplus acquires DaVita Care India
Nephroplus, dialysis service provider acquired DaVita care India, a company which owns numerous kidney dialysis care centers. The acquisition is aimed at extending the company’s network with an agenda to open 20 more centers adding up 176 centers in 18 states across India. This merger is predicted to enable growth in the global hemodialysis services market, owing to the new center’s estimation of serving 13,700 patients.
Recent collaboration between companies for renal care is also a key factor, contributing to the growth of the global hemodialysis services market. For instance, Axter and Mayo Clinic agreed upon a partnership for the establishment of renal care center of excellence in the U.S. The aim is to promote home dialysis, in-center dialysis and to consult about chronic kidney disease management. These factors are expected to boost the growth of the global hemodialysis services market.
North America To Lead the Global market
Geographically, the global hemodialysis services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America currently holds a major share in the global hemodialysis services market and is predicted to dominate the global hemodialysis services market through the forecast period.
The high incidence of end-stage renal disease is contributing significantly to the market’s expansion in the region. Moreover, high spending on patients with kidney failures and patients care along with highly developed healthcare infrastructure in North America are anticipated to drive the global hemodialysis services market.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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Some of the Main Key Players Covered in the Report
- Fresenius Medical Care
- DaVita India
- US Renal Care
- Dialysis Clinic Inc.
- Baxter International, Inc.
- Nikkiso Co., Ltd.
- Nipro Medical Corporation
- NxStage Medical, Inc.
- Medivators, a Cantel Medical Company
Key Segment Analysis:
- Home-Based Hemodialysis
- In-Centre Hemodialysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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Increasing Cases of Kidney Diseases Will Contribute to Market Growth
The rising prevalence of end-stage chronic disease is anticipated to have a major impact on the growth trakjejctory of the global hemodialysis services market during the forecast period. Furthermore, the growing awareness about the risk associated with end-stage diseases such as diabetes, hypertension, chronic kidney disease and others is fueling the demand for hemodialysis services and thus enabling growth in the global hemodialysis services market.
In addition, beneficial reimbursement policies are predicted to generate growth opportunities for market players which will enable the growth of the global hemodialysis services market. However, the steady shift of preference in patients towards peritoneal dialysis owing to the convenience is predicted to hamper the growth of the global hemodialysis services market.
Major companies that are present in the global hemodialysis services market are Fresenius Medical Care AG & Co. KGaA, DaVita Healthcare Partners, Inc., US Renal Care, Dialysis Clinic Inc., US Renal Association, Baxter International, Inc., Gambro AB, Diaverum, Nikkiso Co., Ltd., Nipro Corporation, NxStage Medical, Inc., MEDIVATORS, Inc., Satellite Healthcare Inc., and other players.
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