Europe Blood Purification Equipment Market By Product (Portable and Stationary), By Indication (Renal Diseases, Sepsis and Other Equipment), By End User (Dialysis Centers, Hospitals and Clinics and Other End Users), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Market Report Description
The Europe Blood Purification Equipment Market would witness market growth of 4.8% CAGR during the forecast period (2020-2026). Currently, hemodialysis treatment is one of the popular applications of the blood purification method. A wide population base that suffers from kidney failures is fueling the development of advanced equipment & systems for blood purification for the hemodialysis patients.
Moreover, the growth of the market would witness various lucrative growth opportunities as leading market players are putting heavy investment in the R&D activities of these systems. In addition, medical developments in the domains of hematology & pathophysiology of diseases have substantially increased the application of blood purification. This has eventually bolstered the demand for blood purification machines in the past few years and would maintain a similar trend during the forecast period.
Various factors such as increasing rates of diabetes & high blood pressure resulting in kidney diseases, developments in bio-separation methods consist of dialysis, filtration & adsorption, and rising occurrences of metabolic & autoimmune diseases globally. Similarly, the growth of the blood purification equipment market would be supported by the recent advancement in the pathophysiology of various diseases.
Some of the determinants that would boost the growth of the blood purification equipment are increasing cases of immune & metabolic disorders like kidney failures, a surge in cases of hypertension & diabetes, growing geriatric population who are more prone to kidney-related disorders around the globe. Additionally, increasing developments in the blood purification methods, pathophysiology & hematology of diseases would fuel the growth of the market in the next few years. However, the growth of the global blood purification equipment market would be hampered by the expensive costs of the equipment & risks associated with the blood purification techniques.
The Germany market dominated the Europe Sepsis Market by Country in 2019, growing at a CAGR of 4.8 % during the forecast period. The UK market is exhibiting a CAGR of 4.5% during (2020 - 2026). Additionally, The France market is poised to grow at a CAGR of 6.8% during (2020 - 2026).
The Dialysis Centers market dominated the Russia Blood Purification Equipment Market by End User in 2019, thereby, achieving a market value of $423.7 million by 2026. The Hospitals and Clinics market is showcasing a CAGR of 5.7% during (2020 - 2026).
Based on Product, the market is segmented into Portable and Stationary. Based on Indication, the market is segmented into Renal Diseases, Sepsis and Other Equipments. Based on End User, the market is segmented into Dialysis Centers, Hospitals and Clinics and Other End Users. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include B. Braun Melsungen AG, Baxter International, Inc., Asahi Kasei Corporation, Nikkiso Co., Ltd., Kaneka Corporation, Cerus Corporation, Shanwaishan Medical Group, Jafron Biomedical Co., Ltd., Infomed SA, and Fresenius SE & Co. KGaA.
Scope of the Study
Market Segments Covered in the Report:
- Renal Diseases
- Other Equipments
By End User
- Dialysis Centers
- Hospitals and Clinics
- Other End Users
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- B. Braun Melsungen AG
- Baxter International, Inc.
- Asahi Kasei Corporation
- Nikkiso Co., Ltd.
- Kaneka Corporation
- Cerus Corporation
- Shanwaishan Medical Group
- Jafron Biomedical Co., Ltd.
- Infomed SA
- Fresenius SE & Co. KGaA
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