Singapore Dialysis Concentrate Market Top Companies, Business Growth & Investment Opportunities

 

Singapore Dialysis Concentrate Industry:

The rise in the geriatric population and increase in kidney disorders have increased the need for dialysis across the globe. Dialysis performs the function of the kidney in cases of kidney failure. The treatment purifies the blood using the dialysis machine and aids the patient in maintaining the balance between fluid and electrolytes in the body. For this treatment, various apparatuses are used including dialysis concentrate, dialysis catheter, dialysis disinfectant, and other dialysis products.

 

What Is Singapore Dialysis Concentrate?

Dialysis concentrate consists of purified water, electrolytes, and glucose. The concentration of the electrolytes is almost similar to that occurs naturally in the blood. The dialysis concentrate is carefully prepared as per the individual’s requirement to help regulate the acid-base balance and electrolyte, which could remove metabolic waste from the body.

Dialysis concentrate is Hamodialysis contains a solution of pure water, bicarbonate, sodium, and electrolytes. The solution pulls toxins from the patient’s blood into the dialysate and the dialysis solution is flushed down the drain.

According to Allied Market Research, the global dialysis concentrate market is expected to reach $4.53 billion by 2030, growing at a CAGR of 5.4% from 2021 to 2030. Rise in incidences of kidney diseases, surge in prevalence of lifestyle and chronic diseases, and issues associated with kidney transplants have boosted the growth of the market.

 

Impact of COVID-19 Pandemic on Singapore Dialysis Concentrate Market (Pre & Post Analysis)

However, in 2020, the outbreak of the COVID-19 pandemic led to have a negative impact on the growth of the dialysis concentrate market, especially in the initial period. The implementation of global lockdown restricted the functioning hours of all endoscopy procedures across the world. In order to maintain the social distancing norms, most of the departments in the hospitals were closed and few of them were opened with limited staff. Nevertheless, the global dialysis concentrate market is going to get back on track with a steady pace, once the lockdown is completely over. 

 

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Top Leading Players:

·       Asahi Kasei Medical Co. Ltd

·       B. Braun Melsungen AG

·       Baxter International Inc.

·       Dialysis Medical Solutions

·       Farmasol

·       Fresenius Medical Care

·       Hemoclean

 

Advent Of New Methods For Better Dialysis

Over the years, the effectiveness of dialysis has increased significantly with the advancements in blood thinners and medical apparatus. However, the researchers have found a way to eliminate the use of blood thinners in patients on dialysis.

Currently, anticoagulation is necessary to prevent blood clotting in the blood circuit during hemodialysis and heparin is the most used blood thinner. However, heparin comes with a set of side effects and certain risks.

However, FDA has approved a new system that aims to prevent blood clotting without the use of blood thinner medications in dialysis patients. The system is a polymer that offers surface-modifying molecules that can be incorporated into the fiber membrane of dialyzer. This system enables the elimination of the use of heparin which could help reduce the risk of excessive bleeding from anticoagulants and help eliminate risks associated with the use of blood thinner.

Apart from this, several companies in the dialysis concentrate industry have invested in making dialysis devices that can be operated at home, eliminating frequent visits to hospitals. With the adoption of advanced devices and advancements in technology, the lives of patients with kidney disorders can certainly be much easier and hassle-free.

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