As Per the Report, the Size of the North America Hemodialysis Catheters Market is valued at USD 231.62 million in 2023 and is predicted to grow at a CAGR of 3.63%, to reach USD 276.83 million by 2028 from 2023 to 2028.
Hemodialysis catheters market growth has been boosted by the growing incidence of end-stage renal disease and chronic kidney disease.
Growth in the North American Hemodialysis catheters market is attributed to an increase in end-stage renal disease (ESRD) cases and chronic kidney disorder cases. Hemodialysis catheter sales are also surging across the continent due to increasing awareness of blood infections. Chronic Hemodialysis catheter sales are more likely to be driven by the rising number of patients suffering from diabetes and hypertension.
The technological advancements made in dialysis equipment and Hemodialysis catheters, together with the rising demand for Hemodialysis among chronic kidney patients, further enhance the market growth.
The high demand for Hemodialysis catheters is related to this. The developed world's leading causes of death are renal diseases. In the United States, about 10 million people die of kidney disease each year, according to the World Health Organization. The growing population of obese, hypertensive, and diabetic patients is driving the market. Hemodialysis catheters market growth is boosted by increased consumer awareness of dialysis products. In addition, technology related to dialysis continues to advance.
Many patients suffer from side effects, including low blood pressure, anemia, muscle cramps, and sleep problems, a significant barrier to market growth. Furthermore, the increase in underdeveloped countries is hindered by a lack of proper knowledge about the latest technologies. In developed countries, the lack of medical coverage for dialysis procedures hinders market development, increasing the risk of blood poisoning and thrombosis.
Several side effects from certain patients impede business development, including low blood pressure, anemia, muscle cramps, and sleep disorders. In developing countries, significantly, a lack of knowledge about the latest technology impedes the further market growth.
This research report on the North America Hemodialysis Catheters Market has been segmented and sub-segmented into the following categories.
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Geographically, the North American region captured the largest market share in 2022. The U.S Hemodialysis Catheters Market occupies the majority of the global market share due to the well-established healthcare sector, increasing awareness about diseases associated with the kidney, improvements in healthcare facilities, and supportive government policies.
According to the American Kidney Fund, the United States has over 31 million people with chronic kidney disease or 10% of the adult population. The chances of developing chronic kidney disease increase with age. Market growth is attributed to the growth in R&D expenditure for developing new Hemodialysis products, increasing preferences for home Hemodialysis (HHD) treatment, and increased investments by government and private organizations.
The Canada Hemodialysis Catheters Market has the largest market share after the United States. The lack of available kidney donors for transplantation and technological advancements in dialysis equipment are expected to contribute to the rising demand. In addition to Hemodialysis, Hemodialysis catheters are designed to meet the needs of patients who receive infusions, apheresis, treatment of central venous pressure, and high-pressure contrast injections.
KEY MARKET PLAYERS
Promising Companies leading the North America Hemodialysis Catheters Market Profiled in the Report are Fresenius Medical Care AG & Co. KGaA, Nipro Medical Corporation, Toray Medical Co., Ltd., Asahi Kasei Medical Co., Ltd., Nikkiso Co. Ltd, Baxter International Inc., B. Braun Melsungen AG.,
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