The global Blood Purification Equipment market size was valued at USD 15,500 Million in 2021 growing at the CAGR of 6.5% from 2022 to 2032. The process of blood purification involves drawing blood from a patient into a device or equipment to remove impurities and then pumping it back into the body. This technique is used in a variety of kidney and blood disorders, and the market for these devices and equipment is expected to grow significantly in the coming years. Advancements in dialysis and filtration techniques, coupled with adsorption procedures, have made these devices and equipment more widely used in critical treatments.
- The surge in the prevalence of metabolic & immune disorders such as kidney failures
- Increase in incidences of diabetes & hypertension
The blood purification equipment market is expected to grow significantly in the next few years, driven primarily by the increasing incidence of diabetes and hypertension. Diabetes is a chronic condition that leads to high levels of sugar in the blood, and hypertension is a condition characterized by high blood pressure. Both of these conditions can lead to serious health complications, including kidney damage, heart disease, and stroke. As the population grows and ages, the number of people with these conditions is expected to increase, driving demand for blood purification equipment.
- The overall rise in the geriatric population
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Key Highlights:
- The global Blood Purification Equipment market size was valued at USD 15,500 Million in 2021 growing at the CAGR of 6.5% from 2022 to 2032.
- Asia Pacific dominated the market in 2021
- North America is expected to grow at a highest CAGR from 2022 to 2032
Key Players
The Blood Purification Equipment market report gives comprehensive information about the company and its past performance. The report also provide a detail market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
- Infomed SA
- Braun Melsungen AG
- Baxter International Inc
- Nikkiso Co, ltd
- Asahi Kasei Corporation
- Jafron Biomedical Co., Ltd
- Healthwell Medical Tech. Co. Ltd
- SWS Medical Group
- Fresenius SE and Co. KgaA
- Kaneka Corporation
The Global Blood Purification Equipment Logistic report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the Blood Purification Equipment market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID 19 impact, the Blood Purification Equipment market report also includes the following data points:
- COVID19 Impact on Blood Purification Equipment market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the Blood Purification Equipment market
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Scope of the Report:
Market Segment By Product Type:
- Portable
- Stationary
Market Segment By Indication:
- Sepsis
- Renal Diseases
- Others
Market Segment By End User:
- Hospitals and Clinics
- Dialysis Centers
- Others
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
- Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
North America is predicted to stay in its second leading position during the forecast period because of the availability of technologically advanced equipment in critical care units, the rise of awareness about blood purification processes among the patient population, and the well-established healthcare infrastructure in the region.
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- Demand-supply gap analysis
- Strategy Planning
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