The ‘Bicarbonate Cartridge Market’ research report compiled by Persistence Market Research delivers a comprehensive analysis on the key market drivers, restraints, opportunities, and threats. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.
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.
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.