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September 08, 2021, New York, USA - What is Dialysis?
The Kidneys act as a filter for your body. It filters your body by removing waste and excess fluid from your body. This waste is first sent to the bladder to be removed when you urinate.
If the kidneys have failed, Dialysis performs the kidneys' functionality. If the kidneys are performing only 10 to 15 percent of their normal function, then end-stage kidney failure occurs. It is reported by the National Kidneys foundation.
By using the machine, the blood is filtered and purified, and this treatment is called Dialysis. When kidneys are failed and can't do their job, Dialysis helps keep your fluids and electrolyte in balance.
Since the 1940s, Dialysis has been used to treat people with kidneys problems.
There are three types of Dialysis:
Intermittent hemodialysis (I.H.D.)
Peritoneal Dialysis (P.D.)
Continuous renal replacement therapies (CRRT)
Health Benefits of the Dialysis:
Patients can live longer.
It gives you more mobility and flexibility.
It can improve well-being if taken continuously.
It gives you the opportunity to wait for the finding the right donor for a kidney transplant.
It helps you to live a long and healthy life.
The Global Dialysis Market Forecast:
The global dialysis market, estimated at US$96.25 Billion in the year 2019, is projected to reach a revised size of US$145.85 Billion by 2030, growing at a CAGR of 3.8% over the period 2020-2030.
The National Kidney Foundation estimates that 10% of the world's population suffers from chronic kidney disease. More than a million people die every year because of a lack of affordable treatment options. Dialysis is a treatment that removes excess water, salts, and toxins from the bloodstream of patients whose kidneys are not able to perform these functions. This procedure purifies the blood and restores the electrolyte balance.
Dialysis machines are used to treat chronic kidney diseases, acute kidney injuries, kidney transplant procedures, or as a permanent solution when a transplant is not possible. Kidney dialysis has two types: Hemodialysis or Peritoneal. Peritoneal Dialysis uses blood purification methods that use the peritoneum, a patient's abdomen, to purify the blood. Hemodialysis is extra-corporeal blood purification.
Market Trends and Dynamics of Global Dialysis:
The global dialysis market is experiencing a growing patient base. Market growth is also being supported by increasing funding for dialysis products and the growing number of patients with end-stage renal disease (ESRD). The market will be driven by a growing prevalence of diabetes and deterioration of kidneys functioning over the forecast period.
The dialysis market is still being held back by product recalls and risks associated with Dialysis. However, the market is booming because of rising kidney failure rates, a shortage of donors for transplantation, the tedious procedure for kidney transplantation, and the increasing demand for home dialysis.
Global Dialysis Market Segmentation of the Global Dialysis Market:
Global Dialysis Market can be divided into Product Types, Product & Services, End-User, and Geographical landscapes, etc.
Global Dialysis Market Segmentation By Product Type:
Short Daily Hemodialysis
Global Dialysis Market Segmentation By Product & Services:
Water Treatment Systems
Others Dialysis Equipment
Other Dialysis Consumables
Global Dialysis Market Segmentation By End-User:
Global Dialysis Market Segmentation By Geographical Landscape:
Major Key Players in the Global Dialysis Market Are:
The Covid-19 Impact Analysis:
Current challenges for patients and healthcare professionals around the world are presented by the coronavirus pandemic. A potential rise in kidney damage is possible due to the increase in COVID cases and their severity. The demand for renal replacement fluids has risen significantly in response to the pandemic.
The demand for RRT has increased fivefold among patients with COVID-19 in comparison to historical U.S. populations (0.9% earlier Vs. 4.9% as of 2020).
Patients are more interested in H.D. treatment because of the shift to home hemodialysis treatment since the pandemic. This is likely to increase home hemodialysis product adoption during the epidemic.
The Global Dialysis Market Report Highlights:
North America will continue to dominate the global dialysis market over the forecast period due to its large population of chronic kidney disease patients in the U.S.A. and Canada, lack of kidney donors, high consumer awareness, and advances in medical technology.
Due to rising costs of healthcare, diabetes, and hypertension, increasing compensation, and improvements in medical technology and infrastructure, the market in Asia-Pacific will grow at a significant pace.
Global Dialysis Market Size will reach USD 145.85 Billion by 2030, at a CAGR of 3.8% Over the Forecast Period 2020 to 2030
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