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Renal Dialysis Equipment market size is projected to reach US$28 billion by 2030 at a CAGR of 5.5% during 2024-2030

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The latest version of the report from Industry Experts, Inc., on " Renal Dialysis Equipment Market ," is released. According to this global market research report, the Renal Dialysis Equipment market size is estimated at US$20 billion in 2024 and is projected to reach US$28 billion by 2030 at a CAGR of 5.5% between the two years. The Renal Dialysis Equipment market growth is propelled by the increasing incidence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), primarily caused by diabetes, hypertension, and aging populations. Unhealthy lifestyles and increased obesity rates further contribute to the rise in kidney-related disorders, increasing demand for essential dialysis treatments. Technological advancements, such as portable and home-based dialysis machines, improve patient comfort, reduce hospital visits, and lower infection risks. The shift towards home dialysis provides flexibility, leads to better treatment results, and enhances the qua...

Increase in Kidney Failures Combined with Low Costs Drive the Market for Renal Dialysis Equipment to Grow by 5.9% through to 2024 - Market Report (2018-2024) by Industry Experts, Inc.

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Industry Experts, Inc. announced the publication of the new market research report " Global Renal Dialysis Equipment Market – Products and End-Use Applications ". Analysts at Industry Experts estimate that the market for Renal Dialysis Equipment by product is the largest for Hemodialysis, estimated at US$14.3 billion in 2018. Renal Dialysis is an artificial method of maintaining the chemical balance of the blood when the kidneys have failed. The kidneys remove waste from the body, maintain the blood pressure, make hormones to create red blood cells and thus, ensure the right amount of mineral content in the body. The term dialysis refers to the process in which the components of the blood are separated using a semipermeable membrane. Hemodialysis products dominate over 80% of the market, whereas the peritoneal dialysis products market is growing robustly with a compound annual growth rate of 7.8% during the forecast period. Increasing rate of prevalence of terminal kidne...