Dialysis Market to Reach $136.15 Billion by 2026 Driven by the Increasing Investment in Product R&D

A close up of a logo
The global dialysis market size is projected to reach USD 136.15 billion by 2026The increasing investment in the research and development of new products will have a huge impact on the growth of the market. According to a report published by Fortune Business Insights, titled “Dialysis Market Size, Share and Global Trend By Type (Products and Services), By Dialysis Type (Hemodialysis and Peritoneal Dialysis), By End User (Dialysis Centers& Hospitals and Home Care), and Geography Forecast till 2026,” the market was worth USD 92.78 billion in 2018 and will exhibit a CAGR of 4.9% during the forecast period, 2019-2026.
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.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this [Market].

For More Information:https://www.fortunebusinessinsights.com/dialysis-market-102367
Dialysis is a process that is carried out in patients with kidney failures. The process is used to regulate all the processes that is carried out by the kidney. The increasing incidence of chronic kidney failure will open up a huge potential for the companies operating in the market. Recent advancements in dialysis equipment have led to optimum product efficacies. Due to the high prevalence of chronic kidney diseases, several large scale companies are looking to invest more towards the development of efficient equipment. Moreover, the increasing number of regulatory clearances will create several opportunities for the market. Improving accessibility to efficient hemodialysis care centres will lead to a wider adoption for the procedure across the world. Presence of favourable reimbursement policies will contribute to the growth of the market in the coming years.
Increasing Number of Regulatory Approvals Will Aid Growth
The report includes several factors that have contributed to the growth of the market in recent years. The increasing number of regulatory approvals have made a huge impact on the growth of the market. Due to the high prevalence of kidney diseases, companies are looking to invest more in the development of advanced dialysis equipment. In October 2019, the US Food and Drug Administration announced that it has cleared Fresenius Medical’s new dialysis system. Fresenius’ device will not only help the company generate substantial market revenue, but will also have a direct impact on the growth of the market, accounting to its global customer reach.
North America to Emerge Dominant; Presence of Favorable Reimbursement Policies Will Aid Growth
The report analyzes the ongoing dialysis market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years, driven by the presence of favorable health reimbursement policies in several countries across the region. As of 2018, the market in North America was worth USD 34.81 billion in 2018 and this value is projected to increase further in the coming years.
More Trending Topics from Fortune Business Insights: 
Immunology Market, Share, Growth, Sales and Drivers Analysis Research Report 2026
Immunology Market to Reach US$ 143,833.2 Mn by 2026; Improvements in Drug Efficacies Will Enable Growth, says Fortune Business Insights

You may also like


No comments yet... Be the first to leave a reply! Login here

0 Karma
44 Posts

Made with by Mamby