New Market Research Expert Report titled “ Sub-Saharan Africa Dialysis Market Report and Forecast 2021-2026 ”, gives an in-depth analysis of the Dialysis Market in Sub-Saharan Africa, evaluating the market on the basis of its segments such as type, product, end use, and major regions like North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The report follows the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT models and Porter’s five forces.
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The main highlights of the report are as follows:
Market Overview (2015-2026)
- Historical market size (2020): 80 billion USD
- Provisional CAGR (2021-2026): 6.11%
- Forecast market size (2026): 113 billion USD
The dialysis market in sub-Saharan Africa has grown due to the increasing frequency of kidney disease, which can be attributed to lifestyle issues. The increase in the geriatric population and with it the increase in the incidence of these diseases has also boosted the market during the historical period.
Definition of industry and main segments
Dialysis is a medical procedure that removes excess fluids, solids, and chemicals from the blood of people whose kidneys can no longer perform these functions naturally. This is called kidney replacement therapy. And the first active dialysis procedure was performed in 1943.
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Depending on the type, the market is divided into:
- Peritoneal dialysis
The market is divided in terms of products, into:
The end-use segments of this market are:
- Hospital and dialysis center
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The regional dialysis market is:
- South Africa
South Africa is expected to develop at a rapid rate during the forecast period. This expansion is largely due to the growing number of dialysis centers, patients’ lack of interest in kidney transplants, better knowledge of kidney disease, the emergence of low-cost drugs, and the increased emphasis on kidney disease. dialysis companies on targeting untapped opportunities in South Africa. Region. Further, owing to the increase in patient base, the regional market is expected to grow at a significant CAGR during the forecast period. Additionally, the government’s growing emphasis on providing affordable treatment options and promoting indigenous dialysis products, combined with the growing acceptance of home dialysis treatment, is expected to significantly help the industry.
The increasing prevalence of kidney failure and kidney disease has fueled the development of the dialysis industry in sub-Saharan Africa. Also, as the prevalence of high blood pressure and diabetes increases, so will dialysis, as these conditions can lead to kidney failure. In addition, sub-Saharan Africa has a significant number of poor patients as well as underdeveloped health care systems. This should create substantial growth opportunities for key players in the region. Additionally, for patients with kidney problems or severe kidney damage, transplantation and dialysis are the only choices. And since there are very few kidney donors in the country and this situation is not expected to improve in the coming years, the demand for dialysis is expected to increase.
Key market players
The major players in the market are Fresenius Medical Care AG & Co. KGaA, Braun Melsungen AG, Nairobi X-Ray Supplies Ltd., Adcem Pharmaceutical Limited, Life Healthcare, Izinso Dialysis Service and some others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are continuously monitoring the impact of this rapidly changing situation on markets and consumer buying behavior. Thus, our latest estimates and analyzes on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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