Surge in Funding is Propelling growth of the Global Dialysis Market

in dialysis •  5 years ago 

The global dialysis market is expected to grow at a steady rate, indicating a CAGR of 5.0% during the forecast period 2019–2025. This is one of the most serviced market in the healthcare industry. The factors that drive the growth of this market include increasing incidence of ESRD diseases, along with a rise in chronic diseases such as diabetes and hypertension. The surge in funding by government and private sectors for dialysis has helped the market witness steady growth. In addition, the increased disposable income also acts as a growth driver. However, the high embedded costs and related challenges in the dialysis industry, along with lack of kidney donors and reduction in reimbursement is expected to dampen the growth of this market.
With the growing opportunity and government support; markets have witnessed increased demand in advanced dialysis equipment. Cost-effective and portable dialysis devices are available in the market to treat patients with sophisticated techniques without causing any complications or risks. Most of the companies offering solutions (complex machines and advanced dialyzers) include specific treatments and supplies. The recent launch of 4008A diaylsis machine by Fresenius Medical Care highlights customization and indicates that it has been designed especially for emerging markets. DIAMAX dialysis machine is another such machine by Nipro, which is an high-end dialysis machine having advanced fetaures such as high treatment quality, ensuring safety and reliability, along with an easy set up.
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