In 2021, 19% of population in Europe was aged 65 years and above. Geriatric population is most likely to suffer from chronic kidney diseases.
Furthermore, high cost of organ transplantation procedure, lifestyle related diseases (due to unhealthy eating) is also driving the market over the coming years. Due to this, the demand for portable dialysis devices is increasing. The rise in healthcare sector in Europe will mount the growth of Europe Dialysis Device Market.
The lack of awareness regarding the kidney diseases and side effects of dialysis procedure can restrain the market growth in the coming years. Additionally, lack of adequate number of dialysis clinics in Europe to provide dialysis services to the patients is also expected to slow down the growth of Europe Dialysis Devices Market. Besides, long waiting time for complex procedure of dialysis is restraining the growth of Europe Dialysis Device Market.
Increasing Incidence of Kidney Failures
Approximately 75 million population is suffering from chronic kidney diseases in Europe.
Lesser Availability of Organ Donors for Kidney Transplantation
Europe Dialysis Device market is growing because of the less availability of organ donor for transplantation. There are several medical, legal, religious, cultural, and ethical factors which affects the donation of organs. Stringent law and regulations for organ transplantation in Europe is also responsible for the smaller number of organ donors for transplantation. The process of organ transplantation is a complex procedure which requires the skilled professional. A minute alteration in the process due to not taking care of the process can cause many diseases to the patient. Sometimes, the patient’s body doesn’t accept the donated organ, and this can cause the death of patient. All these factors have increased the demand for dialysis procedures for the treatment and management of different kidney disorders, thereby driving the growth of Dialysis Devices Market in the Europe.
Increasing Prevalence of Diabetes
There are approximately 60 million people suffering from diabetes in Europe, according to WHO.
Market Segmentation
Europe dialysis devices market is segmented by product type, application, diseases condition, end user, country. Based on product type, the market is further fragmented into hemodialysis devices, peritoneal devices, continuous replacement therapy devices, and others. Based on application, the market is divided into Peritoneal Dialysis and Hemodialysis. Based on disease condition, the market is fragmented into Chronic and Acute. Based on end user, the market is further divided into Hospitals & Clinics, Ambulatory Surgical Centers, Homecare.
Market Players
Some of the major competitors operating in the Europe Dialysis Devices Market are Fresenius Medical Care AG & Co. KGaA, Medtronic Plc., B Braun Melsungen AG, Baxter International, Inc., Nipro Medical Europe NV, Nikkiso Europe GmbH, Teleflex Medical Europe Ltd., Allmed Medical Care Holdings Limited, Terumo BCT Europe N.V., Rockwell Medical, Inc., among others.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Product Type · Application · Disease Condition · End User |
Country scope | Germany, France, Spain, Italy, Austria, Sweden, Switzerland, Belgium, Denmark, Netherlands |
Key companies profiled | Fresenius Medical Care AG & Co. KGaA, Medtronic Plc., B Braun Melsungen AG, Baxter International, Inc., Nipro Medical Europe NV, Nikkiso Europe GmbH, Teleflex Medical Europe Ltd., Allmed Medical Care Holdings Limited, Terumo BCT Europe N.V., Rockwell Medical, Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |