IT Solution for Dialysis Market, by Application (Data Acquisition, Data Management, Quality Assurance, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Jun 2021

Code : CMI3706

Pages :172

Formats :

Excel and PDF

Industry : Healthcare IT

It Solution For Dialysis MarketSize and Trends

The global IT solution for dialysis market is estimated to be valued at US$ 3,547.8 million in 2020 and is expected to exhibit a CAGR of 6.8% during the forecast period (2020-2027).

Figure 1.: Global IT Solution for Dialysis Market Share (%) Analysis, By Application, 2020-2027

Increasing prevalence of chronic kidney disease and product launch are expected to drive growth of the global IT solution for dialysis market.

Major factors assisting the market growth during the forecast period include increase in the prevalence of chronic kidney disease (CKD) and end stage renal disease (ESRD) among the population. For instance, according to Centers for Disease Control and Prevention, in 2016, among all the patients suffering from End-Stage Renal Disease in the U.S., which is more than 726,000 individuals (2 in every 1,000 people) were on dialysis.

Thus, this increase in ESRD and CKD patient count is leading to rising number of dialysis procedures, which is providing a significant opportunity to healthcare IT solution providers to develop and launch innovative and technologically advanced information technology solutions/ software for dialysis data management.