The global acute kidney injury treatment market was valued at US$ 1,351.70 Mn in 2018. The global acute kidney injury treatment market is projected to expand at a compound annual growth rate (CAGR) of more than 7% from 2019 to 2027, according to a new report published by Transparency Market Research (TMR) , titled, 'Acute Kidney Injury Treatment Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027'. The acute kidney injury treatment market report suggests that, increase in the geriatric population and rising incidences of acute kidney injuries are expected to propel the acute kidney injury treatment market. North America is expected to be a prominent region in the global acute kidney injury treatment market, owing to the rise in the patient population, high geriatric population, and increasing technological advancements.
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The acute kidney injury treatment market in Asia Pacific is expected to expand at a CAGR of around 8% during the forecast period, due to the increasing geriatric population, developing healthcare infrastructure, and growing patient population in the region. Moreover, research and development activities and initiatives by governments in the healthcare sector are anticipated to further enhance the acute kidney injury treatment market in Asia Pacific.
Dialysis Segment Projected to be a Highly Lucrative Segment in the Acute Kidney Injury Treatment Market
The dialysis segment accounted for a prominent share in the global acute kidney injury treatment market in terms of revenue in 2018. Dialysis facilitates the survival of critically ill patients with acute kidney injury. The number of dialysis centers has been increasing across the globe. This is anticipated to drive the dialysis segment in the acute kidney injury treatment market during the forecast period. According to the Centers for Medicare & Medicaid Services, there were 5,698 dialysis centers in the U.S. in 2010, as against 4,789 in 2005. Furthermore, the governments of emerging countries are setting up new dialysis centers and improving the existing ones. In 2013, Abu Dhabi Health Services Company and Abu Dhabi General Services Company announced a plan to establish a state-of-the-art dialysis center in Abu Dhabi, the UAE. This dialysis center would consist of 66 kidney dialysis units. Thus, the rise in the number of dialysis centers and related initiatives taken by governments are expected to offer immense opportunities to players operating in the acute kidney injury treatment market.
Request for Analysis of COVID-19 Impact on Acute Kidney Injury Treatment Market https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=67523 Prerenal Acute Kidney Injury Segment Holds a Prominent Share in the Acute Kidney Injury Treatment Market
In terms of type, the prerenal acute kidney injury segment held a leading share in the global acute kidney injury treatment market in 2018. It is anticipated to gain market share by the end of 2027, and expand at a CAGR of around 7.5% during the forecast period, in the acute kidney injury treatment market.