Global Blood Dialyzer Market: Snapshot
The blood dialyzer market is witnessing tremendous growth on the back of various advantages. These merits are related to the facilities provided to acute kidney patients. There is also an increase in the burden of different kidney disorders across the world. Furthermore, the rising morbidity and mortality rate because of kidney failure are also contributing to the increasing demand in the blood dialyzer market.
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Dialyzer serves as a medical device that is used to replace kidney function. This process is performed through the removal of excess water and metabolic waste products from the blood. These types of devices use an artificial membrane such as hollow fiber while conducting the process. Blood analyzers are a bit different from traditional dialyzers. For example, the primary use of blood analyzers is to remove excess fluid that is accumulated in the kidney. Such important functions of these products may bolster demand in the blood dialyzer market.
These dialyzers are also addressed as hemodialyzers. The hemodialysis process has been popular in different renal replacement therapy segments across the world. This factor is anticipated to boost growth opportunities in the blood dialyzer market.
On the basis of end-users, the blood dialyzer market is divided into in-center blood dialysis and home blood dialysis. Between these types, the in-center blood dialysis vertical holds a prominent position in the blood dialyzer market. This market dominance is on the back of the availability of differently trained professionals at dialysis centers. These professionals work effectively and also help to increase demand in the blood dialyzer market. The hemodialysis process also prevents the accumulation of excess salts and wastes in the blood. These advantages are estimated to create growth opportunities in the blood dialyzer market.
Different risk factors such as poor outcomes, failures, and adverse reactions that are associated with conventional dialysis have paved a path for technologically advanced dialysis procedures. This factor is anticipated to boost demand in the blood dialyzer market.
Global Blood Dialyzer Market: Overview
The global blood dialyzer market has witnessed a steady growth over the years, due to the several advantages it provides to the patients with acute kidney failure. Dialyzer is a type of medical device which helps in replacing the kidney function through removing metabolic waste products and excess water from the blood. Such devices use an artificial membrane – hollow fiber during this process. Blood dialyzers are slightly different from conventional dialyzers in some ways. For instance, blood dialyzers are primarily used for removing excess fluid which is accumulated in kidney. These dialyzers are most commonly known as hemodialyzer. The hemodialysis process remains popular in the renal replacement therapy sector worldwide, which is responsible for driving the global blood dialyzer market.
From the perspective of end-users, the global blood dialyzer market is bifurcated into home blood dialysis and in-center blood dialysis. Among these two, the in-center blood dialysis segment showcases the largest share in the global blood dialyzer market due to the availability of several trained professionals in dialysis centers which helps in providing efficient services to the patients. Hemodialysis process also helps in preventing the accumulation of wastes and excess salts in blood. Such advantages are further fueling growth in the global blood dialyzer market.
Global Blood Dialyzer Market: Notable Developments
Some of the key developments positively impacting the growth of the global blood dialyzer market include:
- In June 2018, U.S Food and Administration permitted the marketing of two catheter-based dialyzers, namely everlinQ andoAVF system and Ellipsys Vascular Access system. These two were designed for creating a connection to the arteries and veins among patients with chronic kidney disorders who needed hemodialysis.
- In April 2018, U.S CVS Health took an approach on early detection of kidney diseases and spreading awareness about home dialysis systems. Therefore, CVS Health started clinical trial in order to demonstrate the efficacy and safety of a unique home dialysis device.
Some of the most prominent competitors operating in the competitive landscape of global blood dialyzer market include –
- Nipro Corporation
- Braun Medical Inc.
- NxStage Medical
- Nikkiso Co. Ltd.
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Global Blood Dialyzer Market: Key Growth Drivers
Increasing Cases of ESRD to Foster Market’s Growth
Over the past few decades, there has been a rising interest in understanding the requirements of hemodialysis patients. Several risk factors include adverse reactions, failures, and poor outcomes of conventional dialysis procedures have set path to the increased demand for blood dialyzers, which in turn is also fueling growth in the global blood dialyzer market. Blood dialyzers remove the excess fluid from kidney through creating a pressure gradient in between the two compartments of dialyzer. At the time of hemodialysis, three primary procedures which are most commonly used for gaining access to the blood such as arteriovenous fistula, intravenous catheter, and synthetic graft. All such facilities are also boosting the global blood dialyzer market. Along with this, increasing prevalence of several types of renal diseases, especially ESRD (end-stage renal diseases) is majorly propelling expansion in the global blood dialyzer market.
Growing USFDA Approvals for Blood Dialyzers to Contribute Demand in Market
Increasing global burden of different types of kidney disorders and rising mortality and morbidity rate due to kidney failure are also majorly contributing demand in the global blood dialyzer market. Along with this, rising healthcare expenditures in developing regions and significantly rising number of USFDA approvals for blood dialyzers are also providing impetus to the growth of the global blood dialyzer market.
Global Blood Dialyzer Market: Regional Outlook
With respect to geography, North America holds the maximum share in the global blood dialyzer market as the region has witnessed a significant growth in the healthcare sector. Along with this, increasing incidences of chronic kidney disease and rising investments in healthcare industry are also fueling growth in the blood dialyzer market in this region.
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