Global Nephrology Devices Market size was valued at US$ 5.23 Bn. in 2022 and the total revenue is expected to grow at 6.6% through 2023 to 2029, reaching nearly US$ 8.19 Bn.Global Nephrology Devices Market Overview:
The term nephrology devices refer to medical devices that are used to treat kidney diseases. For instance, various devices are being used to treat kidney diseases, including the dialysis machine, which is used to remove solutes, excess water, and toxins from the blood in the kidney failure patients.To know about the Research Methodology :- Request Free Sample Report
Market Dynamics:
The increase in the worldwide senior individuals, as well as the increased incidence of chronic kidney disease, are two main drivers driving the nephrological devices market. Furthermore, market growth is supported by developments in nephrology gadgets and high healthcare expenditure. The high cost of these devices, however, is restricting the global Nephrology Devices Market's growth. Equally, during the forecast period, an increase in awareness about the benefits of nephrology devices, such as shortened treatment and recovery time among renal disease patients, is expected to present lucrative prospects. Renal dysfunction, interstitial nephritis, chronic kidney disease, and other nephrological conditions produce abnormal kidney functioning, which can be lethal. As a result, nephrological devices such as dialysis machines and lithotripters are frequently used to treat these conditions effectively. These devices also serve several purposes in the treatment of nephrological diseases. Dialysis machines, for example, are used to filter solutes, toxins, and water out blood in patients with kidney failure, diabetes, heart failure, and various others. This factor is further estimated to stimulate market growth. Furthermore, various manufacturers collaborating with significant medical device distributors to promote and supply their products worldwide or in certain areas. As a consequence, they frequently form strategic agreements. These partnerships not only assist manufacturers in obtaining the necessary licenses to market their products but also minimize their liability in the event of a product recall or adverse occurrence. For instance, in February 2019, Coloplast signed a three-year collaboration for its urological products with Premier, Inc., a healthcare improvement organization based in the US. Moreover, through, its subsidiary in the US., Terumo Corp., a Japanese corporation, acquired Sequent Medical, a medical device maker based in the US. As a result, global players are relocating their manufacturing operations nationwide.Global Nephrology Devices Market Segment Analysis:
The dialysis instrument segment is anticipated to adhere to the growth of the Nephrology Devices Market. In 2022, the dialysis instrument held the largest proportion of the nephrology devices market, and it is expected to grow at the fastest rate in the during the forecast period. This is due to the rising demand for these machines in emerging economies such As India, where the number of patients requiring hemodialysis is rising. As a result, there has been an increase in the procurement of hemodialysis equipment, which has contributed to the segment's growth. For example, the Telangana State Government in India gave 268 single-use hemodialysis machines to 39 institutions in July 2017. As a consequence, there has been an increase in the purchase of hemodialysis machines, which has led to the segment's growth. For illustrate, the Telangana State Government in India gave 268 single-use hemodialysis machines to 39 institutions in July 2017. Therefore, this helped in the upgrading of services provided by the hospitals to the hemodialysis patients. Other factors propelling the growth of the nephrology devices market include heightened understanding of the use of nephrology devices in the treatment of renal illnesses. In particular, the rising prevalence of chronic kidney disease (CKD) contributes to the market's development. For example, As per National Kidney Foundation, Inc., 37 million American adults are suffering from Chronic Kidney Diseases.Regional Segment:
North America dominated the Nephrology Equipment Market and is projected to continue to do so due to the wide availability of nephrology devices. Additionally, an increase in the geriatric population, which is more susceptible to nephrological problems, is a key factor driving market growth in North America. However, resulting in an increase in awareness about the utilization of nephrology devices, Asia-Pacific is forecasted to rise the quickest over the projected timeframe. Developing economies provide the lucrative business potential for nephrology device manufacturers. Asia Pacific is predicted to have the highest CAGR of xx% from 2023 to 2029. Resulting in multiple factors such as rising knowledge about kidneys and urine problems, rising healthcare expenditure levels, and better healthcare facilities in the area. The regional market is also being driven by the rising prevalence of benign prostatic hyperplasia (BPH), spinal cord injury, and urinary tract infection (UTI). One of the most common infectious disorders in the region is urinary tract infection (UTI). Other reasons driving product demand in APAC include the urgent need for the development of new systems as well as the replacement and upgrade of existing medical infrastructure providers to expand their business. The objective of the report is to present a comprehensive analysis of the Global Nephrology Devices Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Nephrology Devices Market dynamics, structure by analyzing the market segments and project the Global Nephrology Devices Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global Nephrology Devices Market make the report investor’s guide.Global Nephrology Devices Market Scope: Inquire before buying
Global Nephrology Devices Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.23 Bn. Forecast Period 2023 to 2029 CAGR: 6.6% Market Size in 2029: US $ 8.19 Bn. Segments Covered: by Device Type Dialysis Instrument Lithotripter Dialysis Catheters Others Global Nephrology Devices Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina and Rest of South America)Global Nephrology Devices Market Key Players are:
1. Medtronic plc 2. Fresenius Medical Care AG & Co. KGaA 3. Baxter International, Inc. 4. Boston Scientific Corp. 5. C.R. Bard, Inc. 6. Cook Group, Inc. 7. Hollister, Inc. 8. Nipro Corp. 9. Terumo Corp. 10.Coloplast A/S 11.ConvaTec Group plc 12.B. Braun AG 13.Teleflex, Inc. 14.Asahi Kasei Corp. 15.Nxstage Medical, IncFAQs:
1. What is the global Nephrology Devices market share in 2022? Ans: The global Nephrology Devices market share in 2022 was estimated as 5.23 Billion USD. 2. What is the global Nephrology Devices market growth? Ans: The global Nephrology Devices market is anticipated to grow with a CAGR of 6.6% in the forecast period and is likely to reach USD 8.19 Billion by the end of 2029. 3. Which Device Type segment is expected to dominate the global Nephrology Devices market during the forecast period? Ans: In 2022, the dialysis instrument held the largest proportion of the nephrology devices market, and it is expected to grow at the fastest rate in the coming years. This is due to the rising demand for these machines in emerging economies such as India, where the number of patients requiring hemodialysis is rising. 4. Which region is expected to dominate the global Nephrology Devices market during the forecast period? Ans: North America dominates the Nephrology Devices market with a share of 38.15% in 2022. This is attributable to the presence of prominent players, advanced healthcare infrastructure, high disposable income, and patients’ willingness and ability to pay. 5. What is the key driving factor for the growth of the global Nephrology Devices market? Ans: Key factors that are driving the market growth include the increasing incidence of nephrology and urology disorders, the growing use of technologically advanced materials in the device’s development, and an increasing number of minimally invasive procedures.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Technology 2.3.2. Primary Research 2.3.2.1. Data from Primary Technology 2.3.2.2. Breakdown of Primary Technology 3. Executive Summary: Global Nephrology Devices Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Nephrology Devices Market 3.4. Geographical Snapshot of the Nephrology Devices Market, By Manufacturer share 4. Global Nephrology Devices Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Nephrology Devices Market 5. Supply Side and Demand Side Indicators 6. Global Nephrology Devices Market Analysis and Forecast, 2022-2029 6.1. Global Nephrology Devices Market Size & Y-o-Y Growth Analysis. 7. Global Nephrology Devices Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 7.1.1. Dialysis Instrument 7.1.2. Lithotripter 7.1.3. Dialysis Catheters 7.1.4. Others 8. Global Nephrology Devices Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Nephrology Devices Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 9.1.1. Dialysis Instrument 9.1.2. Lithotripter 9.1.3. Dialysis Catheters 9.1.4. Others 10. North America Nephrology Devices Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Nephrology Devices Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 12. Canada Nephrology Devices Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 13. Mexico Nephrology Devices Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 14. Europe Nephrology Devices Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 15. Europe Nephrology Devices Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Nephrology Devices Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 17. France Nephrology Devices Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 18. Germany Nephrology Devices Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 19. Italy Nephrology Devices Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 20. Spain Nephrology Devices Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 21. Sweden Nephrology Devices Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 22. CIS Countries Nephrology Devices Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 23. Rest of Europe Nephrology Devices Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 24. Asia Pacific Nephrology Devices Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 25. Asia Pacific Nephrology Devices Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Nephrology Devices Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 27. India Nephrology Devices Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 28. Japan Nephrology Devices Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 29. South Korea Nephrology Devices Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 30. Australia Nephrology Devices Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 31. ASEAN Nephrology Devices Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 32. Rest of Asia Pacific Nephrology Devices Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 33. Middle East Africa Nephrology Devices Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 34. Middle East Africa Nephrology Devices Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Nephrology Devices Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 36. GCC Countries Nephrology Devices Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 37. Egypt Nephrology Devices Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 38. Nigeria Nephrology Devices Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 39. Rest of ME&A Nephrology Devices Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 40. South America Nephrology Devices Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 41. South America Nephrology Devices Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Nephrology Devices Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 43. Argentina Nephrology Devices Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 44. Rest of South America Nephrology Devices Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Device Type’s, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Nephrology Devices Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Nxstage Medical, Inc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Medtronic plc 45.3.3. Fresenius Medical Care AG & Co. KGaA 45.3.4. Baxter International, Inc. 45.3.5. Boston Scientific Corp. 45.3.6. C.R. Bard, Inc. 45.3.7. Cook Group, Inc. 45.3.8. Hollister, Inc. 45.3.9. Nipro Corp. 45.3.10. Terumo Corp. 45.3.11. Coloplast A/S 45.3.12. ConvaTec Group plc 45.3.13. B. Braun AG 45.3.14. Teleflex, Inc. 45.3.15. Asahi Kasei Corp. 46.Primary Key Insights