Japan Blood Purification Equipment Market 2022 |Asia-Pacific would continue to maintain the lead over the analysis period.

According to a new report published by Allied Market Research, titled, “Blood Purification Equipment Market by Product Type, Indication and End User: Opportunity Analysis and Industry Forecast, 2020–2027,”the global blood purification equipment market size was valued at $14.62billion in 2019, and is projected to reach $23.93billion by 2027, registering a CAGR of 5.6% from 2020 to 2027. 

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Key Findings Of The Study 

  • Based on indication, the renal diseases segment is projected to grow at the highest rate during the analysis period.
  • By product type, portable equipment dominated the global blood purification equipment market throughout the forecast period.
  • Based on region, Asia-Pacific was the largest blood purification equipmentmarket share in 2019, and is projected to maintain its lead until 2027.
  • By end user, the dialysis centerssegment is projected to dominate throughout 2027.

Presently, Asia-Pacific and North America are the most lucrative regions for market players, owing to increase in awareness about blood purification equipmentand devices among healthcare professionals & patients, developments in healthcare infrastructure, and higher prevalence of ESRD and CKDs.

Key Market Segments

    • Hospitals and Clinics
    • Dialysis Centers
    • Others
    • Portable
    • Stationary
    • Sepsis
    • Renal Diseases
    • Others

Key Market Players

  • Infomed SA
  • B. Braun Melsungen AG
  • Baxter International Inc
  • Nikkiso Co, ltd
  • Asahi Kasei Corporation
  • Jafron Biomedical Co., Ltd
  • Healthwell Medical Tech. Co., Ltd
  • SWS Medical Group
  • Fresenius SE and Co. KGaA
  • Kaneka Corporation

Covid Impact Blood Purification Equipment Market

On the other hand, COVID-19 pandemic has impacted every industry vertical worldwide. The existing scenario evidently states that COVID-19 will continue to limit several aspects of the healthcare sector in foreseeable future, up until an effective treatment can be made accessible to the population on a larger scale. Accordingly, the impact of the pandemic on the healthcare system is possibly expected to be deeper and long lasting.The nationwide lockdowns, government regulations, and continuous increase in infection rate across numerous countries has created a widespread financial impact on hospitals, dialysis centers and clinics. Several dialysis clinics have cancelled, or postponed, the treatments deemed to be non-urgent. Furthermore, intermittent supply chain activities and absence of human resources impacted the market growth rate to a great extent. However, COVID-19 is foreseen to have a stronger influence on the blood purification equipment market growth. As the restrictions are easing slowly across the world, the market is anticipated to gain traction in near future, due to upsurge in researchactivities mainly focused on using blood purification as a method to limit the transmission of COVID-19 infection. Numerous companies have approached the U.S. FDA for filing emergency use authorization (EUA) in order to use their blood purification equipment for treating patients with COVID-19.Therefore, the pandemic is expected to have a positive impact on the overall market growth.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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