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Hemodialysis Catheter Market Size is Trending Worldwide due to Global demand, Analysis and Forecast 2026

Increase in prevalence of end-stage renal diseases (ESRD) and surge in number of dialysis treatments in the developing regions are projected to fuel the demand for hemodialysis catheters during the forecast period, thereby driving the growth of the market.

Hemodialysis Catheter Market
Hemodialysis Catheter Market

According to a new report published by Allied Market Research, titled, “Hemodialysis Catheters Market by Product, Material, Tip Configuration, Material, and End User: Global Opportunity Analysis and Industry Forecast, 2017 – 2023,” the global hemodialysis catheters market was valued at $663 million in 2016, and is projected to reach $926 million by 2023, growing at a CAGR of 4.8% from 2017 to 2023.

Hemodialysis is a process of blood purification in patients suffering from kidney disease by means of external hemodialyzer or artificial kidney. The dialyzer is connected to patient with the help of catheter & external tubing and facilitates efficient removal of wastes such as urea and extra fluid from blood. The hemodialysis catheter is implanted into the patients vein to provide vascular access during dialysis process for efficient transfer of blood from patient to dialysis machine. The catheter consists of tubes, hub, extension, clamps, and cuffs.

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COVID-19 Impact Analysis:

1) The COVID-19 impact on the Hemodialysis Catheter Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key Benefits for Stakeholders

  • In 2016, cuffed tunneled catheters generated the highest revenue, and is projected to grow at a CAGR of 4.7% during the forecast period.
  • Home dialysis is expected to grow at a CAGR of 5.3%.
  • Asia-Pacific is anticipated to grow at the highest rate of 5.1% during the analysis period, followed by LAMEA.
  • China and India are the major market shareholders in Asia-Pacific.

🎅🎄(𝑪𝒉𝒓𝒊𝒔𝒕𝒎𝒂𝒔 𝒂𝒏𝒅 𝑵𝒆𝒘 𝒚𝒆𝒂𝒓 𝒔𝒂𝒍𝒆 𝑼𝒑 𝒕𝒐 25% 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 𝙩𝒊𝒍𝒍 15 𝑱𝒂𝒏𝒖𝒂𝒓𝒚 2022)🎄🎅

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The Major Key Players Are:

The major companies profiled in the report include Fresenius Medical Care AG & Co. KGaA, Nikkiso Co. Ltd, B. Braun Melsungen AG, Nipro Medical Corporation, Toray Medical Co., Ltd., Baxter International Inc., Asahi Kasei Medical Co., Ltd., NxStage Medical, Inc., Outset Medical, Inc., and Allmed Medical Corporation.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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