Detailed Analysis of Asia Pacific Dialysis Market with Forecasts Growth By 2026
Category: #headlines  By Shashie Pawar  Date: 2020-06-19
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Detailed Analysis of Asia Pacific Dialysis Market with Forecasts Growth By 2026

According to the Graphical Research new growth forecast report titled “Asia Pacific Dialysis Market Size By Type, Product & Service, End-use, Industry Analysis Report, Regional Outlook”, Estimated To Exceed USD 31.7 bn By 2026. Increasing number of cases of end-stage renal diseases (ESRD) in the developing countries will surge the demand for dialysis treatment. Growing alcohol consumption in developing countries such as India and China have contributed to upswing the growth of dialysis market due to loss of kidney functions. Also, growing prevalence of diabetes in the region owing to lifestyle modifications will ensure profitable scenario for the dialysis market. According to the National Health Portal, around 7.8% of the total population in India is suffering from diabetic and pre-diabetic condition. In 2017, there were around 72 million diabetes cases that should double to around 134 million diabetes cases by 2025.

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Growing prevalence of diabetes in the developing countries contributes dialysis market growth in the region. This is attributed to lifestyle-associated factors. Diabetes interferes with normal kidney functioning and often results in kidney failure, thus accelerating the demand for dialysis treatment. Furthermore, increase in income levels have increased the standard of living with proportional increase in consumption of calorie-rich diet, hence escalating the risk of diabetes in adults and teenage population. These factors contribute to upswing in the demand for dialysis treatment during the forecast period.

However, occurrence of complications in the treatment may restrict dialysis industry growth in forthcoming years.

Peritoneal dialysis market was valued at over USD 2,279.0 million in 2019 and is expected to grow at 6.0% CAGR in the forecast years. Technological advances in dialysis devices and shortage of kidney donors have contributed significantly in propelling the demand for peritoneal dialysis. Also, peritoneal dialysis involves less complications as compared to hemodialysis treatment that will further drive the market growth.

The services market is expected to grow at a significant pace to reach USD 24,958.8 million by 2026 in the products & services segment. Outpatient dialysis centers offer dialysis services to adult and teenage patients with end-stage renal disease as well as hospitalized patients with acute renal disease. Also, the nephrologist also provides adults and teenagers suffering from chronic or acute renal failure with inpatient hemodialysis and peritoneal dialysis services. Increasing adoption of such services in developing as well as developed economies, availability of advanced healthcare facilities coupled with high healthcare expenditure will drive the segmental growth over the forecast period.

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Asia Pacific dialysis market was led by Japan dialysis market and is estimated to show a definite trend throughout the forecast period. Rapid growth is attributed to increasing prevalence of chronic kidney diseases. Also, numerous opportunities tapped by the players operating in Japan dialysis market will impact the market growth. For instance, in March 2017, Toray Industries received Japanese approval for an additional orally disintegrating tablets formulation for the treatment of pruritus in hemodialysis. The move enable company to broaden its existing product line. Further, factors such as rise in the number of independent dialysis centers, growing awareness about dialysis treatment modalities as well as favorable changes in the reimbursement and healthcare insurance policies will boost the dialysis product and services business growth in the Asia Pacific region.

Key market players in market are Asahi Kasei Corporation, Baxter International Inc., B Braun Melsungen AG, Fresenius Medical Care, among other industry contributors. These market players are undertaking strategies such as collaborations, new product development, and agreement to increase market presence and for company expansion. For instance, in December 2017, Fresenius Medical Care launched its first independent dialysis center in China. This strategy enabled the company to strengthen its position in the market and expand its geographic reach.

Asia Pacific Dialysis Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2015 to 2026, for the following segments:

Market Share, by Type, 2015 to 2026, (USD Million)

  • Hemodialysis
  • Peritoneal dialysis

Market Size, by Products & Services, 2015 to 2026, (USD Million)

  • Equipment
    • Dialysis machine
    • Water treatment systems
    • Others
  • Consumables
    • Dialyzers
    • Catheters
    • Access products
    • Concentrates
    • Others
  • Services

Market Growth, by End-use, 2015 to 2026, (USD Million)

  • In-center dialysis
  • Home dialysis

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1321/asia-pacific-dialysis-market

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About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.com

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About Author

Shashie Pawar

Shashie Pawar    

Shashie Pawar is a tech blogger and a digital marketing pro since 3 years and writes for Ground alerts. A Electronics & communication Engineering graduate by education, Shashie offers his analysis on the tech market research landscape. His strong suit is analyzing the...

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