Report : Blood Purification Equipment Market to 2027 - Global Analysis and Forecasts by Product (Hemodialysis Device, Blood Filtration Device, Continuous Renal Replacement Therapy (CRRT) Device, Hemoperfusion Device, Plasma Exchange Device); End User (Medical Centre, Hospitals, Others), and Geography
Hemodialysis devices segment is expected to drive the market for blood purification equipment over the forecast period by product segment.
According to The Insight Partners market research study titled ‘Blood Purification Equipment Market to 2027 – Global Analysis and Forecasts by Product, End User and Geography. The global blood purification equipment market is expected to reach US$ 5,502.8 Mn in 2027 from US$ 3,881.3 Mn in 2018. The market is estimated to grow with a CAGR of 4.0% from 2019-2027. The report highlights the trends prevalent in the global blood purification equipment market and the factors driving the market along with those that act as challenges to its growth.
Global blood purification equipment market was segmented by product, end user. The market based on product segment is classified as hemodialysis device, blood filtration device, continuous renal replacement therapy (crrt) device, hemoperfusion device, and plasma exchange device. On the basis of the end user the market is classified as medical centre, hospitals, and others
The market for blood purification equipment is expected to grow significantly due to factors such as rising increasing prevalence of chronic kidney diseases, technological advancements in hemodialysis and rising adoption of home based healthcare. However, the market is likely to experience restriction on its growth owing to the factors such as high cost of blood purification and risks associated with blood purification.
The major players operating in the blood purification equipment market include, CytoSorbents Corporation, Fresenius Medical Care. (NxStage Medical, Inc.), Spectral Medical Inc., Baxter International Inc., Nikkiso Co, Inc., Haemonetics Corporation, B. Braun Melsungen AG, Medtronic plc (Bellco), Jafron Biomedical Co., Ltd., and Kaneka Medix Corp and others. The market has carried out various organic and inorganic growth strategies in the market. The organic strategies were conducted majorly and these strategies have assisted in strengthening their product offering in the market.
Global Blood Purification Equipment Market, By Regions, 2018 (%)
The report segments the global blood purification equipment market as follows:
Global Blood Purification Equipment Market – By Product
Global Blood Purification Equipment Market – By Geography
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