Bicarbonate Cartridge are One Step towards a Better Hygienic Dialysis Procedure
The latest report on ‘Bicarbonate Cartridge Market’, collated by Persistence Market Research, offers a deep dive into market dynamics, size, revenue estimations and growth rate.. In addition, the report illustrates the key obstacles and innovative growth strategies adopted by leading manufacturers having a stronghold in the global market.
The adoption of bicarbonate cartridges is on rise for the advancements it has provided to the hemodialysis machine. Hemodialysis is a principal procedure provided to the patients suffering from chronic renal diseases. The process involves a well-channeled Association for the Advancement of Medical Instrumentation (AAMI) classified water through to the cartridge to build up the process involved within, by the mixing of water and dry sodium bicarbonate a wet saturated solution or dialysate is formed. Dialysis machines compatible with sodium bicarbonate cartridges represent a significant step forward for the treatment, as they allow a more clean and hygienic supply of bicarbonate solution. Hence, reducing instrumental error related to dialysis while contributing to the treatment of the procedure. Besides, the improved efficiency of sodium bicarbonate cartridges offer additional aid during its use and imply less storage space requirements. The new improvements to the bicarbonate cartridge systems are built upon the technological advancements and strength of the renowned original system introduced by GAMBRO. Use of bicarbonate cartridges eliminates the need for mixing of bicarbonate concentrate, decreases the need for storage space, eliminates the jugs containing bicarbonate concentrate which often leads to contamination of the bicarbonate present and requires minimal work for cleanup after each treatment. Bicarbonate cartridges preserve nursing and hemodialysis procedure time for more patient focused activities.
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Economic Factors Affecting the Market Growth
Factors to consider in revising the structure of dialysis modalities is the standpoint taken from the analysis. Relevant outlook from the dialysis procedure includes patient, dialysis facility or provider, physician, dialysis manufacturing industry, government and society as a whole. Direct non-medical costs may vary widely in different parts of the world according to the policies provided by the government but tend to be higher in more developed economies. Direct non-medical costs include building costs, facility utilities and other overhead costs. A business surrounding the bicarbonate cartridges shows a contrast between the developing countries to the advanced nations. Furthermore, insubstantial costs may have a more or less significant influence on the total evaluation of the market.
Bicarbonate cartridges Market Assessment by End User
Factors Driving the Bicarbonate Cartridge Market
The global market for bicarbonate cartridge function is driven by the uprising dialysis procedures taking place globally. The first point influencing the cost of dialysis care is the time of the diagnosis. Early diagnosis will save up the entire procedure involved in the treatment. Patient with serious stages require longer hospital stay and are primarily treated on a hemodialysis machine on their arrival. The incidence observed for patients suffering from chronic kidney disease can be categorized according to kidney function along a range from mild renal dysfunction to serious irreversible kidney failure. Patients diagnosed with kidney failure require renal replacement therapy (RRT), either a kidney transplant or dialysis, to maintain life. Important factors influencing dialysis modality selection include financing, workforce and resource available. The impact of renal failure is observed in the workplace productivity, as there is a pragmatic reduction in working class patients with renal dysfunction, countries are forming separate laws in order to regulate the reduction .Bicarbonate cartridges are compared against a similar, yet, different physical form method. Bicarbonate bags.
Bicarbonate Cartridges Differ by the Dosage Unit
The bicarbonate cartridge is central to the dialysis fluid delivery system, offering a hygienic method of bicarbonate supply from a dry-concentrate cartridge, eliminating the risk of contamination and bacterial growth. It is available in different dosages for better patient response, sizes vary by 650G, 720G to 1250G in order to work for a longer period with different composition. With its introduction, the Bicarbonate cartridge set a new global standard in bicarbonate dialysis.
Point of Care
Hospitals, diagnostics centers hold strong position in the market due to the complicated procedures involved in the hemodialysis treatment. Therefore, end users play the major role in significantly portion the overall market of bicarbonate cartridges. However, continuing growth in the use of dialysis machine globally will provide a remarkable growth opportunity for bicarbonate cartridges based models. Further, the growing trend of home medical testing is a prognostic approach that would flourish the growth of bicarbonate cartridges.
Regional Market Outlook
North America will continue to dominate the global market due to the availability of advanced technologies and growing number of companies that are spreading their business scope. Europe and China are expected to grow with major client involvement in the market and high number of cases for diabetes and renal problems. Asia Pacific (exc. China) has the highest number of end stage renal cases, which will need more number of dialysis procedure and uplift the chances for bicarbonate cartridge market to grow. An estimated rise in growth for the market in low- and middle-income countries is duly projected with general use of dialysis method.
Examples of some of the players identified in the global bicarbonate cartridges market are Gambro, B.Braun, Dialife SA, Fresenius Medical Care, Nipro and Toray Medical, among others. Global incidence of renal diseases is a step in favor for the companies working around the dialysis treatment procedures. Major companies hold a higher share in the market due to their strong presence but are continuously being challenged by the new manufactures working for a set class of market. However, bicarbonate cartridges offers a global opportunity to its manufacturers, as these are used for a regular practice which is performed globally.
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Key Data Points Covered in Report
The report covers exhaustive analysis on:
- Bicarbonate Cartridges Market by dosage type, end users and regions
- Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by dosage type, end-use segments and country
- Bicarbonate Cartridges Market dynamics & opportunity assessment
- Historical actual market size, 2013 – 2017
- Bicarbonate Cartridges Market size & forecast 2018 – 2026
- Bicarbonate Cartridges Market current trends/issues/challenges/agents
- Competition & companies involved
- Shifting industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size as well as recent industry trends
- Key competition landscape, market structure, and regulatory scenario
- Epidemiology outlook for diseases
- Economical spending, regional healthcare outlook, consumer healthcare expenditure
- Availability of testing, cost of tests, specificity and sensitivity of test kits
- Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance in terms of value and volume
By Dosage Type
- Below 650
- 650 to 1000
- 1000 to 1250
By End User
- Specialized Clinics
- North America
- Latin America
- Asia Pacific Excluding China
- Middle East & Africa
The market sizing of Bicarbonate cartridges will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of bicarbonate cartridges.
Secondary research will be performed at the initial phase to identify the feasibility of the target product/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Each piece of information will be eventually analyzed during the entire research project, which will help to build a strong base for the primary research information.
The primary research participants include demand-side respondents such as clinics, procurement managers, as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers, service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.