San Francisco, California, June 06, 2017: A recently added report by TMR Research, titled, “Hemodialysis Catheter Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” offers important information on the size of the market, the prevalent competitive dynamics in it, a qualitative analysis of growth drivers and restraints shaping its contours, and its prospects going forward.
Hemodialysis catheters, used mainly to maintain effective blood flow rate, are finding widespread application these days to satiate the increasing need for apheresis, hemodialysis, monitoring, and infusion. The rising instances of chronic kidney disease (CKD), especially the increasing pool of patients of end-stage renal disease (ESRD) are driving up uptake of hemodialysis. It helps in thwarting damage to the liver. Factors slated to stoke the market in the near future are the increasing pool of elderly, the growing number of diabetic patients, and the upswing in incidences in hypertension.
Another issue working in favor of the global hemodialysis catheter market is the difficulty in finding kidney donors for transplantation. Rising knowledge about blood infections (BSI) among people has also resulted in their increased sales as intravascular devices can result in infections. Posing a challenge to the growth in the market, on the other hand, is the increased chances of blood thrombosis and infections. In order to overcome the challenge, companies are expending time and money on devising simple solutions to thwart infections resulting from the instruments.
The global market for hemodialysis catheter is steadily working out solutions to avert infections with investments from related companies. Pursuit Vascular is one such company. It has been trying to come up with small-sized screw caps made of plastic for hemodialysis catheters to bring down chances of infection by about 69%.
Geography-wise, the global market for hemodialysis catheter can be divided into Asia Pacific, Europe, North America, and the Middle East and Africa. North America, among them, is slated to contribute the most in the upcoming years on account of a robust healthcare sector and strong knowledge about diseases of the kidney in the region. Other factors expected to lend momentum to the market in the region are access to healthcare facilities and helpful policies of the government. Asia Pacific is another key region that is expected to offer attractive opportunities for growth owing to the relatively unmet medical needs of its massive population and the fast-expanding medical tourism industry.
In order to comprehend the competition prevailing in the global market for hemodialysis catheter, the report profiles important players such as Asahi Kasei Medical Co., Ltd., NIKKISO CO., LTD, Fresenius Medical Care AG & Co. KGaA, B. Braun Melsungen AG, Baxter International Inc., and NIPRO Medical Corporation.