Asia Pacific Dialysis Market Share Current and Future Industry Trends, 2020-2026

Noble Horvath

The MarketWatch News Department was not involved in the creation of this content. Sep 30, 2020 (Market Insight Reports) — Selbyville, Delaware According to the research report titled ‘Asia Pacific Dialysis Market Size By Product & Service, Type, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Market Insight Reports) —
Selbyville, Delaware According to the research report titled ‘Asia Pacific Dialysis Market Size By Product & Service, Type, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, Asia Pacific dialysis market is predicted to accumulate USD 31.7 billion by the year 2026.

Growing incidences of end-stage renal diseases (ESRD), increase in alcohol consumption in emerging nations, and rising prevalence of diabetes due to sedentary lifestyle are the major factors likely to drive the growth of Asia Pacific dialysis market over the forecast period.

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Diabetes disrupts kidney functioning and often results in kidney failure, hence fueling the demand for dialysis treatment. Furthermore, evolving standards of living due to improved income levels along with preference towards consumption of calorie-rich diet are leading to higher risk of diabetes among adults and teenage population, thereby stimulating Asia Pacific dialysis market trends. On the downside, complications arising during treatment might restrain the market growth through 2026.

Speaking of type, peritoneal dialysis market segment in Asia Pacific was worth USD 2,279 million in 2019 and is estimated to witness a growth rate of 6% over 2020-2026, due to technological developments in dialysis devices and shortage of kidney donors. Also, peritoneal dialysis preferred over hemodialysis treatment as the former involves less complications.

The report cites that services segment of Asia Pacific dialysis industry is predicted to reach USD 24,958.8 million by the year 2026, owing to availability of dialysis services at medical institutes for patients suffering from renal ailments. Presence of advanced healthcare facilities as well as high healthcare expenditure will further impel the demand for dialysis related services.

On country level, Japan dialysis market is predicted to show appreciative growth during the forecast period, owing to rising prevalence of chronic kidney diseases and presence of large number of industry players in the region. Furthermore, increase in the number of independent dialysis centers, rising awareness regarding dialysis treatment modalities, and favorable healthcare insurance policy structures in Japan will boost Asia Pacific dialysis industry dynamics.

Key players operating in Asia Pacific dialysis market are Nikkiso Co. Ltd., Asahi Kasei Corporation, Baxter International Inc., B Braun Melsungen AG, Medtronic, Nipro Corporation, Fresenius Medical Care, Toray Industries, Kawasumi Laboratories Inc., and JMS Co. Ltd.

Question & Answer: Asia Pacific dialysis market

Question 1: What are the key factors driving the growth of Asia Pacific dialysis market?

Answer: Surging incidences of end-stage renal diseases (ESRD), increase in alcohol consumption, and rising prevalence of diabetes are driving the growth of Asia Pacific dialysis market.

Question 2: Why is Japan dialysis market witnessing constant expansion?

Answer: Rising prevalence of chronic kidney disease, presence of large number of industry players in the region, and favorable healthcare reimbursement scenario are fueling the expansion of Japan dialysis market.

Question 3: Which companies formulate the competitive spectrum of Asia Pacific dialysis market?

Answer: Nikkiso Co. Ltd., Asahi Kasei Corporation, Baxter International Inc., B Braun Melsungen AG, Medtronic, Nipro Corporation, Fresenius Medical Care, Toray Industries, Kawasumi Laboratories, and JMS Co. Ltd. are the major companies in Asia Pacific dialysis market.

Complete Report At: https://www.marketstudyreport.com/reports/asia-pacific-dialysis-market-statistics?utm_source=Marketwatch.com&utm_medium=AN

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