Europe Renal Dialysis Equipment Market Share and Size 2023, Emerging Trends, Growth Drivers, Scope, CAGR Status, Challenges and Business Opportunities Till 2033: SPER Market Research
Dialysis is an essential treatment for people with compromised kidney function, and the dialysis equipment market includes the machines and medical devices used in this process. In order to remove waste products and extra fluid from the circulation, dialysis is essential for those with end-stage renal disease or chronic kidney disease. Dialysis equipment market is growing fast due to an increase in these health issues worldwide. Devices that are essential to the dialysis process include dialyzers, concentrates, solutions, hemodialysis machines, peritoneal dialysis systems, catheters, and water treatment systems.
According to SPER market research, ‘Europe Dialysis Equipment Market Size- By Type, By End User, By Indication – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Europe Dialysis Equipment Market is predicted to reach USD 7.77 Billion by 2033 with a CAGR of 5.7%.
The key driver driving the market’s expansion is the rise in incidences of diabetes and hypertension, which is accompanied by an increase in the global geriatric population and an increase in research & development spending. The primary drivers of the renal dialysis equipment market in the healthcare industry are, among other things, the rising demand for affordable portable dialysis equipment and devices because of the high costs of kidney transplantation and the rise in lifestyle-related illnesses brought on by poor eating habits. There is an alarming scarcity of dialysis machines and even dialysis solution due to the rise in kidney failure cases in intensive care units of hospitals worldwide.
Request For Free Sample Report @ https://www.sperresearch.com/report-store/europe-dialysis-equipment-market.aspx?sample=1
Impact of COVID-19 on Europe Dialysis Equipment Market
As more older persons become infected with COVID-19, the physiology of the trajectory and burden of acute kidney damage (AKI) related with the virus increases. The predicted AKI burden with COVID-19 at the onset of the pandemic was 2.5% to 9%. However, when the illness expanded quickly to more than 99 countries worldwide, incidence rates rose by more than 18%, with a focus on treating COVID-19 patients’ kidney failure. besides respiratory collapse. Hence, in the upcoming years, the growth rate of dialysis equipment in Europe would decrease.
Throughout the projection period, the renal dialysis equipment market will face new opportunities due to the growing modernization of renal dialysis equipment and the healthcare industry’s expanding technical breakthroughs.
However, a number of significant factors, including a lack of understanding about kidney disease treatment, a decline in insurance coverage for dialysis treatments, the high cost of the technology, and a variety of risks and complications related to dialysis, will limit the market’s growth. Market growth is expected to be constrained throughout the projected period by strict government regulations governing product launches, frequent product recalls, and new products’ difficulty to penetrate deeper markets throughout Europe.
Europe Dialysis Equipment Market Key Players:
Additionally, some of the market key players are ALL-MED Medical GmbH, Asahi Kasei Corporation, Dickinson and Company, Fresenius Medical Care AG & Co., Medtronic plc, Toray Industries, Inc., Others.
Europe Dialysis Equipment Market Segmentation:
By Type: Based on the Type, Europe Dialysis Equipment Market is segmented as; Continuous Renal Replacement Therapy Systems, Dialysis Accessories, Hemodialysis Equipment (Blood Access Device Dialysate, Dialyzers, Hemodialysis Machines), Peritoneal Dialysis Equipment (Continuous Ambulatory Peritoneal Dialysis, Continuous Cycling Peritoneal Dialysis, Intermittent Peritoneal Dialysis).
By End User: Based on the End User, Europe Dialysis Equipment Market is segmented as; Home Care Dialysis, In-Center Dialysis.
By Indication: Based on the Indication, Europe Dialysis Equipment Market is segmented as; Cancer, Cardiovascular Disorders & Hypertension, Diabetes, Hearing Disorders, Kidney Failure, Movement Disorders, Pregnancy, Respiratory Diseases, Wound Care, Other Indications.
By Region: This research also includes data for Czech Republic, Denmark, France, Germany, Italy, Netherlands, Russia, Spain, Sweden, Switzerland, Turkey, UK and rest of Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link: –
Europe Dialysis Machines Market Demand
Related Reports:
Follow Us –
LinkedIn | Instagram | Facebook | Twitter
Contact Us:
Sara Lopes, Business Consultant – USA
SPER Market Research
+1-347-460-2899
