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(Medical-NewsWire.com, October 29, 2019 ) Market Overview:
Renal Dialysis is an artificial method of maintaining the chemical balance of the blood when the kidneys have failed. The renal dialysis equipment are the device which are used for artificial blood purification of acute kidney injuries or end-stage renal disease. Increasing usage of these equipment owing to various factors in this region is expected to drive the Brazil renal dialysis equipment market.
Market Dynamics:
Chronic kidney disease (CKD) represents a major challenge for Latin America (LA), due to its epidemic proportions and high burden to the population affected and to public health systems. In 2016, Brazil had an estimated incidence rate of 194 cases of treated ESRD per one million population. Hence, with a rising number of End-Stage Renal Disease (ESRD) cases in Brazil is leading to the growth of the market. With rising number of End-stage renal disease (ESRD) cases, there is a need for dialysis, hence the number of dialysis centers are increasing.
A predominant number of hemodialysis patients undergo treatment in dialysis centers. The rising health insurance market has driven the patients towards better medical care and further spending more on medical equipment. The total number of active dialysis centers increased from 2015 to 2016 (726 to 747). The modernization of public healthcare and up-gradation of the equipment will drive the growth in dialysis treatments in foresseable future. The Brazilian Society of Nephrology (SBN) had 834 registered dialysis centers in July 2016, of which 747 had active chronic dialysis programs.
However, there are several side effects associated with the treatment of hemodialysis such as itching, infections, anemia, pericarditis, hyperkalemia, hypotension, hypertension, muscles cramps and bone diseases are associated with hemodialysis treatment. The fear of such outcomes prevents people from undergoing hemodialysis treatment which is hampering the Brazil renal dialysis equipment. The risk of acquiring infections such as hepatitis C and hepatitis B viruses during blood transfusions. According to the Centers for Disease Control and Prevention, in 2015, about 10% to 30% of dialysis patients carry the hepatitis C virus. The high death rate of "emergency-only" hemodialysis, or EOHD than regular hemodialysis is a major drawback for the market.
Market Segmentation:
Based on equipment type the Brazil renal dialysis equipment market is broadly segmented as hemodialysis equipment, Peritoneal Dialysis (PD) Equipment, Continuous Renal Replacement Therapy (CRRT) systems. Among all these hemodialysis equipment accounted for major share in 2018, and is projected to grow at a high CAGR over the forecast period (2019-2026). Hemodialysis equipment is used in the treatment procedure and techniques of dialysis, fulfilling the role of the artificial kidney in the event of damage or deterioration of the organ.
Based on end users the Brazil renal dialysis equipment market is segmented into hospitals, in-clinic & dialysis centers, and homecare settings. Among all these hospitals accounted for major market share in 2018 and is projected to grow at a high CAGR over the forecast period. The renal dialysis equipment in Brazilian hospitals is used to provide medical treatment to patients with chronic kidney disease and acute kidney injury, with a total of 309 participating centers operating in Brazil. Of these, around 47% of the centers are located in hospitals.
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Competitive Analysis:
Significant players of the Brazil renal dialysis equipment market are Asahi Kasei Corporation, Baxter International, B. Braun, Fresenius Medical Care AG, Nipro Corporation, Nikkiso, NxStage Medical, Angiodynamics, and others.
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Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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