Hemodialysis Equipment Market Trends

Hemodialysis Equipment Market Trends

Increasing prevalence of chronic diseases such as diabetes and kidney diseases coupled with an ageing population base has rendered a significant rise in the hospitalization rate in the past decade.  In order to cater to this rising diseased population, governments and private healthcare facilities have increased their intake capacity and patient admission in ICU, thereby resulting in increased demand of haemodialysis equipment.
 

• Moreover, rapid urbanization has led to an inactive lifestyle, unhealthy diet, and increased stress levels in the youth, which are causal factors for diabetes, thereby impacting the overall market growth significantly.
   
• Furthermore, in 2023, as per statistics provided by the International Diabetes Federation (IDF), about 783 million adults are estimated to suffer from diabetes by 2045, which constitutes a rise of 46%.
   
• Additionally, increasing awareness and education regarding rise in blood glucose level among diabetic population base will augment the demand for technologically advanced dialysis, allowing self-dialysis in home settings for geriatric population base.