Dialysis Disposable Devices Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Trend for Home Care - Considering various reasons nowadays people are encouraging treatments to be done at their houses without visiting the hospital this also lowers the risk of patient being infected with another infection. For home healthcare services, disposable dialysis devices are the best equipment as after use they can be easily disposed and there are fewer chances of getting infected with unknown germs.
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Prevalence of End-Stage Renal Disease The increasing prevalence of end-stage renal disease is expected to drive the growth of the dialysis disposable devices market as dialysis plays a crucial role in the treatment of this disease. As per statistics, it was found that almost 50,00 people in the United States live with end-stage renal diseases.
- Changes in Lifestyle – Unhealthy lifestyle measures such as eating junk, poor diet, and lack of physical activity lead to chronic kidney problems that further drive the industry growth.
Challenges
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Environmental Concern Associated – The generation of medical waste including dialysis disposable devices has raised environmental concerns. Addressing these concerns by using sustainable solutions can be challenging as a result decelerating the market growth in the upcoming future.
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Lack of Awareness of Dialysis Disposable Devices
- High Cost of Device
Dialysis Disposable Devices Market - Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.1% |
|
Base Year Market Size (2024) |
USD 21.48 billion |
|
Forecast Year Market Size (2037) |
USD 41.01 billion |
|
Regional Scope |
|