Increased instances of kidney failure are driving the growth of global dialysis center market in the forecast period, 2022-2026.
According to TechSci Research report, “Dialysis Center Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026”, the global dialysis center market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of rapidly increasing cases of kidney failures among the global population. Increased chronic renal dysfunction is anticipated to further drive the growth of the global dialysis center market in the upcoming five years.
Due to sedentary lifestyle and food and eating habits, the chances of contracting kidney diseases and renal failure is increasing and thereby supporting the growth of the global dialysis center market in the next five years. Moreover, with evolving healthcare facilities, compact, and specialized dialysis centers are growing and aiding the growth of the global dialysis center market in the future five years.
Outsourcing patients for the dialysis services and cost-effective services of these centers are further substantiating the growth of the global dialysis center market in the forecast years. Also, increasing instances of peritoneal dialysis for its application in clinical care settings is also supporting the growth of the global dialysis centre market in the forecast period, until 2026.
Additionally, consumer preferences to the outpatient treatment and specialized patient care are actively influencing their preferences and driving the growth of the global dialysis center market in the upcoming five years.
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The global dialysis centre market is segmented on the basis of ownership, type of dialysis, service, competitional landscape, and regional distribution.
Based on ownership, the market is further fragmented into standalone, and hospital-based. Hospital-based dialysis centers are anticipated to hold the largest revenue shares of the market and dominate the market segment on the grounds of increasing number of renal failure patients. Moreover, to remove the over burdening of the patients from the hospitals, hospital-based diagnostic centers are growing in number and thus aiding the growth of the global dialysis center market in the next five years.
Stand-alone dialysis centers are expected to register significant growth in the future five years on the account of increasing patient burdens for dialysis on hospitals. Moreover, privately funded stand-alone dialysis centers claim to provide better patient care and the factor is actively influencing the robust growth of the global dialysis centre market in the forecast years until 2026.
On the basis of type of dialysis, the market is bifurcated into hemodialysis, and peritoneal dialysis. Hemodialysis is anticipated to register largest revenue shares in the upcoming five years on the grounds of increasing instances of renal chronic failures. Moreover, increased technological advancement and extended research toward innovative and advanced manufacturing of artificial kidney machinery is further aiding the growth of the global dialysis center market in the next five years.
Peritoneal dialysis is also expected to prove lucrative growth in the future market as higher applicability of this technique in home-based services is supporting the futuristic growth of the sub-segment and drive the growth of the global dialysis centre market in the forecast years until 2026.
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“Asia Pacific region is expected to dominate the future five years due to high dependency of countries like India, China, and Japan, over advancing healthcare facilities to enhance their patient care standards. Advancements in the renal failure treatment practices are actively incorporated in these countries and these innovations are supporting the growth of the global dialysis centre market in the upcoming five years. The demand to support the ever-increasing population suffering from kidney failures is aiding to the growth in the future years. Increased financial assistance from the private sector as well as government initiatives are further supporting the growth of the global dialysis center market in the future five years. New market players are advised to invest in the extensive research and innovative healthcare practices along with alternate techniques in patient care such that their brand establishment and consumer demands are well satisfied,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Dialysis Center Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 Segmented By Ownership (Standalone v/s Hospital-Based), By Type of Dialysis (Hemodialysis v/s Peritoneal Dialysis), By Service (In-Center/Inpatient v/s Outpatient), By Region”, has evaluated the future growth potential of global dialysis center and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global dialysis center market.
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