Hemodialysis Catheter Market: Overview
Hemodialysis is a medical procedure of filtering blood for the people suffering from kidney failure. The process is carried out through dialysis machine using a catheter as interconnection. The catheter used in hemodialysis consists of two types lumens, colored in red and blue for clear identification during the process. The red colored lumen injects blood from patient and transfers it to hemodialysis machine for filtration, while blue colored lumen returns pure blood to the patient after filtration.
The Global Hemodialysis Catheters Market was valued at $733 million in 2017, and is estimated to reach at $997 million by 2024, registering a CAGR of 4.6% from 2018 to 2024.
The major factors driving the hemodialysis catheter market are increase in prevalence of end stage renal diseases (ESRD) and surge in number of people suffering from chronic kidney disorders. Moreover, technological advancements in dialysis equipments and low availability of kidney donors for transplantation are expected to fuel the market growth. However, risk of blood infections and thrombosis and limitations in the reimbursement of dialysis procedures in the emerging regions hinder the growth of the market.
Global Hemodialysis Catheters Market: Segmentation
By Tip Configuration