AAA Market is projected to grow at a CAGR of 6.0% to reach US$ 4.7 billion by 2034

Published Date: July 2024

Dialysis technology is evolving toward high biocompatibility and permeability because such dialyzers can reduce mortality in hemodialysis patients. There are two types of membrane dialyzers: low-flux and high-flux. High-flux membranes have a high biocompatibility, and European Renal Best Practice guidelines encourage big holes to minimise mortality2 and morbidity. The report was compiled after researching a variety of elements that influence regional growth, including the region's economic, social, environmental, technological, and political conditions. A dialyzer is a medical device that performs the function of the kidneys by removing excess water and metabolic waste products from the blood by the use of an artificial membrane, also known as hollow fibre. Medical professionals commonly use dialyzers during hemodialysis procedures. AAA Market was valued at US$ 2.76 billion in 2024 and is projected to grow at a CAGR of 6.0% to reach US$ 4.7 billion by 2034.

The report "AAA Market Size, Share, By Treatment Type (Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR), Medical Management), By Product Type (Stent Grafts, Catheters, Delivery Systems and Others), By End-Users (Hospitals, Ambulatory Surgery Centres, Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis and Forecast till 2034"

Key Highlights:

  • In August 2020, The US Food and Drug Administration (FDA) has approved the De Novo application for Baxter International Inc.'s (NYSE:BAX) new dialysis membrane, Theranova. The FDA is creating a new class of dialyzer technology with distinct performance specifications by approving a De Novo application. The De Novo method is used by the FDA for low and moderate risk medical devices that do not have an existing predicate in the United States; such designations are uncommon in the dialysis industry.
  • In December 2021, Carrie, a custom-built mobile app that connects, informs, and supports Fresenius Kidney Care nurses and clinical teams in the Asia Pacific area, was launched  by Fresenius Medical Care, the world's leading provider of products and services for persons with renal disorders. The business was inspired to establish a digital platform that champions nurses at the core of healthcare as one of the largest employers of nurses across a huge network of dialysis clinics.

Analyst View:

A significant increase in the elderly population, as well as an increase in the frequency of renal illnesses, notably end stage renal disease, are driving the worldwide dialyzer market (ESRD). Market growth is expected to be boosted by increased funding for improved dialysis products and services, rising diabetes and hypertension prevalence, and a scarcity of kidneys for transplantation.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “AAA Market Size, Share, By Treatment Type (Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR), Medical Management), By Product Type (Stent Grafts, Catheters, Delivery Systems and Others), By End-Users (Hospitals, Ambulatory Surgery Centres, Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis and Forecast till 2034"

Key Market Insights from the report:

AAA Market was valued at US$ 2.76 billion in 2024 and is projected to grow at a CAGR of 6.0% to reach US$ 4.7 billion by 2034..AAA Market is estimated to grow with a significant CAGR during the forecast period.AAA Market has been segmented on the basis of type, application and region.

  • By Type, the AAA Market is segmented into High Throughput Dialyzers and Low Throughput Dialyzers.
  • By Application, the AAA market is segmented into Public Hospital, Private Clinic, Nursing Home, and Personal Care.
  • By Region, the AAA Market is segmented North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

The Key players operating in the AAA market includes Fresenius SE & Co.,Baxter International Inc.,Asahi, Toray , Weigao ,Braun, Nipro, Langshen, Chengdu OCI Medical.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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