What is Hemodialysis Catheter Market?
Hemodialysis is a treatment performed when a patient's kidneys fail and can no longer clean blood and remove extra fluid from the body. Hemodialysis catheters are used for hemodialysis of the patient suffering from kidney disease. It is a type of tunneled catheter that is placed under the skin. There are two types of tunneled catheters including cuffed tunneled catheters and non-cuffed tunneled catheters. These catheters are used for exchanging blood to and from a hemodialysis machine and a patient. Increasing demand from end-users and rise in the prevalence of kidney diseases are the driving factors for the hemodialysis catheter market.
The market study is being classified by Type (Cuffed Tunneled Catheter and Non-cuffed Tunneled Catheter), by Application (Home Dialysis and In-center Dialysis) and major geographies with country level break-up.
Fresenius Medical Care AG & Co. KGaA (Germany), NIKKISO CO., LTD. (Japan), B. Braun (Germany), Nipro Medical Corporation (Japan), Toray Medical Co., Ltd. (Japan), Baxter International Inc. (United States), Asahi Kasei Medical Co., Ltd (Japan), NxStage Medical, Inc. (United States), Outset Medical, Inc (United States) and Allmed Medical Corporation (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Hemodialysis Catheter market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Hemodialysis Catheter market by Type, Application and Region.
On the basis of geography, the market of Hemodialysis Catheter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Kidney Diseases
- Increased Number of Hospitals and Clinics
- Rise in the Distribution Channels
Market Trend
- Increased Awareness about Kidney Diseases
- Advancements in the Hemodialysis Catheters
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growth in the Healthcare Industry
- Rise in the Online Pharmacies
- Increasing Number of Patients Suffering from Kidney Diseases
Challenges
- Stringent Government Rules and Regulations
Market Leaders and some development strategies
In February 2019, Fresenius Medical Care, the world’s largest provider of dialysis products and services, has successfully completed the acquisition of NxStage Medical. NxStage Medical Company develops, produces and markets an innovative product portfolio of medical devices for use in home dialysis and critical care.
Key Target Audience
Hemodialysis Catheter Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users