Dialysis Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2021–2028
According to a recent report by Emergen Research, the size of the worldwide dialysis market reached USD 94.90 billion in 2021 and is projected to grow at a rate of 4.68% over the forecast period. Growing incidence of kidney illnesses, especially kidney failure, is a significant driver fueling the market's expansion in terms of revenue. Dialysis is a vital medical technique used to artificially purify the blood of patients whose kidneys are damaged or non-functional as a result of physical trauma, co-morbidities, or other medical disorders. Over six million persons in the US over the age of 18 have renal disease, which represents 2.4% of the adult population overall, according to data from the Centers for Disease Control and Prevention (CDC). The main causes of the illness have been identified as diabetes and high blood pressure. Untreated diabetes can lead to clusters of blood vessels in the kidneys that prevent blood from being filtered, and high blood pressure can cause th...