Global Hemodialysis Catheters Market to Reach $926 Mn, Globally, by 2023 at 4.8% CAGR, Says AMR - Seite 2
Polyurethane to be lucrative through 2023
Among materials, the polyurethane segment was the largest segment in 2017, capturing more than three-fourths of the market share. The same is likely to grow at the fastest CAGR of 5% through the forecast period. Polyurethane possesses tensile strength and catheter made from it can be extruded with thinner wall, resulting in bigger inner diameter for maximum blood flow. The silicone segment would grow at a steady pace during the study period.
Asia-Pacific to be lucrative through the forecast period
The market in Asia-Pacific contributed more than two-fifths of the total market share in 2017 and is anticipated to continue its dominance through 2023. This is due to the increasing patient population base suffering from chronic kidney diseases (CKD), government initiatives to establish new dialysis centers, increase in number of independent dialysis centers, and growth in awareness in regards with advanced hemodialysis products in the region. The region would also grow at the fastest CAGR of 5.1% from 2017 to 2023. The other regions analyzed in the market study include North America, Europe, and LAMEA (Latin America, Middle East, and Africa).
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Industry Frontrunners
- Fresenius Medical Care AG & Co. KGaA,
- Nikkiso Co. Ltd,
- B. Braun Melsungen AG,
- Nipro Medical Corporation,
- Toray Medical Co., Ltd.,
- Baxter International Inc.,
- Asahi Kasei Medical Co., Ltd.,
- NxStage Medical, Inc.,
- Outset Medical, Inc.
- Allmed Medical Corporation.
These companies have implemented various strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others to gain a stronghold in the industry.
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