Hemodialysis Services Market to Rise Rapidly; Increasing Prevalence of Chronic Diseases to Contribute to Growth, says Fortune Business Insights

(The Express Wire via Comtex)

Hemodialysis Services Market | 2021 Size, Growth, Share, Cap, Regional Analysis With Global Industry Forecast To 2027, The increasing prevalence of end-stage renal diseases is fostering the growth of the global “hemodialysis services“ market says fortune business insights in a report, titled “Hemodialysis Services Market Size, Share and Global Trend by Type (Home-Based Hemodialysis, In-Centre Hemodialysis), and Geography Forecast till 2026.” Rising awareness about the early diagnosis for kidney diseases is a factor contributing significantly to the global market.

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Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global market and discusses how major companies are coping with this.

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Nephroplus acquires DaVita Care India

Nephroplus, dialysis service provider acquired DaVita care India, a company which owns numerous kidney dialysis care centers. The acquisition is aimed at extending the company’s network with an agenda to open 20 more centers adding up 176 centers in 18 states across India. This merger is predicted to enable growth in the global hemodialysis services market, owing to the new center's estimation of serving 13,700 patients.

Recent collaboration between companies for renal care is also a key factor, contributing to the growth of the global hemodialysis services market. For instance, Axter and Mayo Clinic agreed upon a partnership for the establishment of renal care center of excellence in the U.S. The aim is to promote home dialysis, in-center dialysis and to consult about chronic kidney disease management. These factors are expected to boost the growth of the global hemodialysis services market.

North America To Lead the Global market

Geographically, the global hemodialysis services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America currently holds a major share in the global hemodialysis services market and is predicted to dominate the global hemodialysis services market through the forecast period.

The high incidence of end-stage renal disease is contributing significantly to the market’s expansion in the region. Moreover, high spending on patients with kidney failures and patients care along with highly developed healthcare infrastructure in North America are anticipated to drive the global hemodialysis services market.

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 coronavirus 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 Hemodialysis Services Market. Please visit:https://www.fortunebusinessinsights.com/industry-reports/hemodialysis-services-market-100245

Some of the Main Key Players Covered in the Report

  • Fresenius Medical Care
  • DaVita India
  • US Renal Care
  • Dialysis Clinic Inc.
  • Baxter International, Inc.
  • Gambro
  • Diaverum
  • Nikkiso Co., Ltd.
  • Nipro Medical Corporation
  • NxStage Medical, Inc.
  • Medivators, a Cantel Medical Company

Key Segment Analysis:

By Type

  • Home-Based Hemodialysis
  • In-Centre Hemodialysis

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Increasing Cases of Kidney Diseases Will Contribute to Market Growth

The rising prevalence of end-stage chronic disease is anticipated to have a major impact on the growth trakjejctory of the global hemodialysis services market during the forecast period. Furthermore, the growing awareness about the risk associated with end-stage diseases such as diabetes, hypertension, chronic kidney disease and others is fueling the demand for hemodialysis services and thus enabling growth in the global hemodialysis services market.

In addition, beneficial reimbursement policies are predicted to generate growth opportunities for market players which will enable the growth of the global hemodialysis services market. However, the steady shift of preference in patients towards peritoneal dialysis owing to the convenience is predicted to hamper the growth of the global hemodialysis services market.

Major companies that are present in the global hemodialysis services market are Fresenius Medical Care AG and Co. KGaA, DaVita Healthcare Partners, Inc., US Renal Care, Dialysis Clinic Inc., US Renal Association, Baxter International, Inc., Gambro AB, Diaverum, Nikkiso Co., Ltd., Nipro Corporation, NxStage Medical, Inc., MEDIVATORS, Inc., Satellite Healthcare Inc., and other players.

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