Global Dialysis Market to Generate Revenue of $176.11

Westford, USA, Oct. 12, 2022 (GLOBE NEWSWIRE) — In October 2022, SkyQuest Technology released a study on the global dialysis market. The study found that the dialysis industry is under immense pressure, due to rising costs, declining reimbursement, and an aging population. The study also found that the industry is highly fragmented, with a large number of small dialysis providers.

As per WHO estimates that there are currently 2.5 million people worldwide who are on dialysis, with an additional 1.5 million people who could benefit from it. The vast majority of these patients (90%) live in developing countries, where access to dialysis is often limited. Moreover, CKD affects an estimated 10% of the world’s population and is responsible for 1.7 million deaths annually. Dialysis is a life-saving treatment for CKD that involves filtering the blood to remove toxins and waste products.

The demand for dialysis market is growing rapidly around the world. This trend is being driven by an aging population, the rise in chronic diseases such as diabetes and hypertension, and improved access to care. In developed countries, the number of people with end-stage renal disease (ESRD) is increasing by about 5% each year. In the United States, there are currently more than 650,000 people with ESRD, and this number is expected to exceed 1 million by 2030. The growth in the number of patients receiving dialysis is even more pronounced in developing countries, where the rate of increase is estimated to be 10-15% per year.

There are a number of reasons for this rapid growth in the global dialysis market. First, the population is aging. The risk of developing ESRD increases with age, so as the population ages, we can expect to see more cases of ESRD. Second, rates of chronic diseases such as diabetes and hypertension are on the rise. These conditions can lead to kidney damage and ultimately ESRD. Third, access to care is improving in many parts of the world. As more people have…