The Global Hemodialysis Machines Market size is projected to grow from USD 2.47 billion in 2018 to USD 3.62 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 8%. The factors driving the growth of this market are an increase in the prevalence of chronic kidney disease and a rise in a number of patients suffering from end-stage renal disease. However, the high cost associated with these devices may hinder the growth prospects for this market during the forecast period.
Hemofiltration is a type of dialysis that removes waste products, excess water, and minerals from the blood. Hemofiltration Machines are devices used to help people suffering from kidney failure. It is a process in which the blood is pumped out of the person’s body through an external pump and then filtered with special filters inside the machine, before being returned back into their bloodstream. This removes wastes including urea, creatinine, and other toxins that build up during kidney dysfunction. Hemodialysis can be either done at home or at a dialysis center; both methods have advantages and disadvantages.
On the basis of Type, the market is segmented into Portable Hemofiltration Machines and Mobile Hemofiltration Machines. The portable hemofilter machine segment is expected to grow significantly as these are easy to transport for treatment in remote areas, while mobile units will experience high growth due to their ease of use and installation such that they can deliver dialysis services more conveniently like ambulatory surgical centers or outpatient dialysis centers which cannot afford an investment in fixed hemodialysis facility. However, owing to a lower preference among patients who want newer technologies over old ones, there would be an increase in demand for integrated whole blood filters instead of conventional technology-based products.
Portable hemofiltration machines are a new type of equipment that is specifically designed for patients who need continuous treatment. This includes those with renal failure and kidney disease, as well as those recovering from heart surgery or suffering from trauma. Portable hemodialysis can be used in both the ambulatory setting and hospital settings to provide dialysis treatments on an outpatient basis.
Mobile Hemofiltration Machines are useful for people who need kidney dialysis but do not have permanent access to it. Mobile machines can be used in remote locations or by ambulatory patients outside of the clinics where they get their treatments, such as at home, outdoors, and on the go. The mobile hemofilter come with all the necessary equipment including technique adaptors, extension sets, and large-capacity fluid containers which allows them to function away from an external power supply source.
On the basis of Application, the market is segmented into Hospitals, Ambulatory Surgical Centers, and Outpatient Dialysis Units. The hospital segment accounted for the largest market share in 2018. The ambulatory surgical center segment is projected to grow at a CAGR higher than that of other segments from 2021-2028 owing to improving healthcare infrastructure and increasing awareness about cost-effective treatment options among individual consumers.
Hemofiltration machines are used in hospitals for patients that need intensive care. Hemofiltrations can be performed by a physician on the machine and then assessed, or they can be carried out by an RN with assistance from a physician supervising them. Patients may stay in the ICU for hours undergoing hemofiltration treatment while other treatments are given through IVs like antibiotics, blood pressure medications, nutrition supplements, and intravenous fluids to support their body functions during this time period.
The use of Hemofiltration machines in Outpatient Dialysis Units is to remove toxins from the blood. The machine removes certain proteins and excess fluid, which can be returned back into the body as needed. A patient receives a treatment that includes dialysis using this equipment for four hours per session on average. This process takes place three times weekly with sessions lasting about two hours each time.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The majority of the market is attributed to the North American region because companies are investing in this region for technology development as well as manufacturing facilities that lead to increased product access through better prices due to lower transportation costs. This results in an increased demand for Hemofiltration machines from hospitals and other healthcare centers.
Up Market Research published a new report titled “Hemofiltration Machines Market research report which is segmented by Types (Portable Hemofiltration machines, Mobile Hemofiltration machines), By Applications (Hospitals, Ambulatory surgical centers, Outpatient DialysisUnits), By Players/Companies Asahi Kasei Corporation, Baxter International, Infomed, Fresenius Medical Care, B. Braun Melsungen, Nikkiso, Nipro, Medica, NxStage Medical, Bellco”.
|Report Attributes||Report Details|
|Report Title||Hemofiltration Machines Market Research Report|
|By Type||Portable Hemofiltration machines, Mobile Hemofiltration machines|
|By Application||Hospitals, Ambulatory surgical centers, Outpatient DialysisUnits|
|By Companies||Asahi Kasei Corporation, Baxter International, Infomed, Fresenius Medical Care, B. Braun Melsungen, Nikkiso, Nipro, Medica, NxStage Medical, Bellco|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||229|
|Number of Tables & Figures||161|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Portable Hemofiltration machines, Mobile Hemofiltration machines and By Application Hospitals, Ambulatory surgical centers, Outpatient DialysisUnits.
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Hemofiltration Machines Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Hemofiltration Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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