Hemodialysis Catheters Market to Hit USD 1,214 million By 2030
Acumen Research and Consulting
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Global Hemodialysis Catheters market size in 2021 was USD 787 million, market value to grow to USD 1,214 million by 2030 at 7.2% CAGR as per Acumen Research and Consulting
Hemodialysis Catheters Market Overview
Hemodialysis is a medical procedure that is used to remove excess waste and fluid from the blood of individuals with chronic kidney disease. Hemodialysis catheters are medical devices that are used to access the blood vessels for hemodialysis. These catheters are inserted into the body through a surgical procedure and are left in place for several days to several weeks.
The global hemodialysis catheters market is expected to grow at a significant rate during the forecast period. The market growth is attributed to the increasing prevalence of chronic kidney disease and the growing demand for hemodialysis.
Market Segmentation
The global hemodialysis catheters market can be segmented based on product type, end-user, and geography.
Based on product type, the market can be segmented into tunneled catheters, nontunneled catheters, and implantable ports. The tunneled catheters segment is expected to dominate the market due to the high preference for tunneled catheters in hemodialysis procedures.
Based on end-user, the market can be segmented into hospitals, dialysis centers, and home care settings. The hospitals segment is expected to dominate the market due to the high number of hemodialysis procedures performed in hospitals.
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Why the Market is Growing
The market for hemodialysis catheters is growing due to the increasing prevalence of chronic kidney disease. Chronic kidney disease is a global health problem, and the number of individuals with chronic kidney disease is increasing. This is leading to an increase in the number of hemodialysis procedures and, as a result, an increase in the demand for hemodialysis catheters.
In addition, the market is growing due to the increasing demand for home hemodialysis. Home hemodialysis allows individuals with chronic kidney disease to receive hemodialysis in the comfort of their own home. This is leading to an increase in the demand for hemodialysis catheters for home use.
Market Regional Overview
The global hemodialysis catheters market can be segmented into North America, Asia Pacific, Europe, and the Rest of the World.
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North America is expected to dominate the market due to the high prevalence of chronic kidney disease in the region and the high demand for hemodialysis.
The market in Asia Pacific is expected to grow at the fastest rate due to the increasing population and the growing demand for hemodialysis in the region.
Europe is also expected to show significant growth in the market due to the increasing demand for hemodialysis and the increasing adoption of home hemodialysis in the region.
Market Players
The major players in the global hemodialysis catheters market include:
These players are focusing on strategic collaborations and partnerships to expand their market presence and increase their market share.
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