Europe Renal Dialysis Equipment Market By Product (Peritoneal Equipment, Hemodialysis Equipment, Dialysis Accessories, Continuous Renal Replacement Therapy (CRRT) Machines), Distribution Channel (Direct Tenders, Retail), End Users (Hospitals, Home, Clinics, Dialysis Centers), Country (Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe) – Industry Trends and Forecast to 2026
Market Analysis: Europe Renal Dialysis Equipment Market
Europe renal dialysis equipment market is registering a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to the rising occurrence of kidney diseases in the European region is contributing to the growth of the market.
Market Definition: Europe Renal Dialysis Equipment Market
Renal dialysis devices used for individuals whose kidneys do not perform natural tasks; it performs the way of preventing surplus water, solutes, and blood toxins. It is the purification of artificial blood from acute kidney injury or end-stage renal disease. It is commonly used in hospitals, clinics, centers of home and dialysis centers.
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- Rise in the prevalence of kidney disease is driving the market growth
- Various technological advancements and innovations is fueling the market growth
- Surging awareness for diseases and therapeutic modalities is propelling the market growth
- The access to funding from the government is driving the market growth
- The high cost associated with the technology is hindering the market growth
- The various risk complications and risk associated with dialysis is hampering the market growth
Segmentation: Europe Renal Dialysis Equipment Market
- Peritoneal Equipment
- Peritoneal Dialysis Machine
- Concentrators and solutions
- Catheters and Tubing
- Hemodialysis Equipment
- Hemodialysis Dialysis Machine
- Blood Line Systems and Catheters
- Concentrators and solutions
- Dialysis Accessories
- Continuous Renal Replacement Therapy (CRRT) Machines
By Distribution Channel
- Direct Tenders
By End User
- Dialysis Centers
- Rest of Europe
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Key Developments in the Market:
- In January 2019, Fresenius Medical Care AG & Co. KGaA had launched 4008A, a new innovative machine for the dialysis. It has met the demand for minimizing costs for the healthcare system cost. It enables the diagnosis to be performed with greater level of safety and standards with an innovative solution for cleaning and battery backup. This product launch had enhanced the life of people who are living and sustaining in the end-stage renal disease (ESRD).
- In January 2019, Baxter had launched its updated version of AK 98 hemodialysis (HD) system. It enables the full duplex secured system for prescription download and uploads in a centralized network. It has enhanced customization for low weight patients as well as it is compatible with THERANOVA dialyzer. This product launch has supported the dialysis providers in minimizing the operational challenges they are facing.
Europe Renal Dialysis Equipment Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Renal Dialysis Equipment market for Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
Key Market Competitors:
Few of the major market competitors currently working in the Europe renal dialysis equipment market are Fresenius Medical Care AG & Co. KGaA, Terumo Medical Corporation, Teleflex Incorporated, Medtronic, Diaverum, Cigna, CVS Health, BD, TORAY MEDICAL CO.LTD., DaVita Inc., MEDIVATORS Inc., Asahi Kasei Corporation, B. Braun Melsungen AG, Nikkiso Co. Ltd., Baxter and NIPRO among others.
Research Methodology: Europe Renal Dialysis Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of Europe Renal Dialysis Equipment Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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