The US Dialysis Services Market size was USD 25.87 billion in 2020. The market is expected to grow from USD 26.20 billion in 2021 to USD 32.46 billion in 2028 at a CAGR of 3.11% in the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “US Dialysis Services Market, 2021-2028.”
As per our report, the number of patients undergoing dialysis continues to riserapidly in the U.S. each year and this is expected to boom demand of the service. The unhealthy and irregular lifestyle habits has too contributed in kidney failure and therefore raised the need to get dialysis. For example, according to the national kidney foundation, in 2018, about 785,883 Americans suffered kidney failure, and 554,038 of those patients underwent dialysis procedure. This is estimated to boost the US Dialysis Services Market growth during the forecast period.
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Demand for Dialysis Service to Decline Backed by Transformation of Clinics to COVID-19 Care Center
The COVID-19 outbreak has powerfullyimpacted the aspects of the healthcare sector worldwide. Dialysis facilities are shutdown or rehabilitated into COVID-19 centersin order to suffice with the surging patient capacity. Currently in thescenario of the U.S. dialysis services, several facilities offeringservices to the sufferers with End-Stage Renal Disease (ESRD)confronted challenges in protecting patients and its workforce while delivering clinical help. Nonetheless, numerous companies presenting virtual healthcare facilitiesobserved a sturdy growth in their sales.
For example, in December 2020, Baxter International, which is a global reformer in renal care, launched Peritoneal Dialysis Excellence Academy, which is a novel virtual training space and educational center to aid nurses develop their expertise to presentfinest patient care in this industry.
To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit:
https://www.fortunebusinessinsights.com/u-s-dialysis-services-market-105704
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