The global arteriovenous fistula treatment market demand value is anticipated to increase significantly from the current value of US$ 765.8 million in 2023. Arteriovenous fistula therapy is becoming more widely used, which is expected to propel market expansion at a consistent CAGR of 5.9% throughout the forecast period. The demand for treating arteriovenous fistulas is expected to grow promisingly, with sales forecasted to reach around US$ 1,356.5 million by the end of 2033. The increased prevalence of arteriovenous fistula diseases and the growing acceptance of the effectiveness of this therapy might be ascribed to this increase in demand.
In patients with end-stage renal disease (ESRD), arteriovenous fistulas are frequently employed as the preferred vascular route for hemodialysis. The necessity for dependable and effective vascular access for hemodialysis has grown as the prevalence of ESRD increases internationally.
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Arteriovenous fistula’s benefits over other vascular access techniques, such as fewer complications, longer patency, and a lower risk of infections, have raised its popularity. This has also helped to fuel its rising popularity among medical professionals and patients in the last few years. Healthcare institutions are progressively investing in developing and using arteriovenous fistula treatment procedures to assure better patient outcomes.
Arteriovenous fistula usage in emerging nations is growing because of improvements in the healthcare infrastructure and greater knowledge of this preferred approach for vascular access. Government attempts to improve dialysis care and the construction of specialist renal care facilities have also aided this growth.
Key Takeaways from the Global Arteriovenous fistula treatment industry Study Report by FMI:
- North America held a 37.2% share of the global market in 2022 with the government’s effective efforts to develop new treatments for the arteriovenous fistula issue. The United States is the leading nation in adopting arteriovenous fistula therapy services, contributing to one-third of the global revenue that year.
- Europe region, with an overall revenue share of 27.4% in the year 2022, followed North America in demand for arteriovenous fistula therapy services. Germany was figured out to be the leading market in the region, with a 6.5% global revenue share in 2022.
- There is a considerable need for arteriovenous fistula therapy in nations with a greater prevalence of end-stage renal illness, particularly in Asia. So, FMI predicts that China and India could be two remarkably growing markets through 2033 with 9.4% and 7.7% CAGRs respectively.
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Competitive Landscape for the Arteriovenous fistula treatment industry Players:
Becton Dickinson, Medtronic, B. Braun Melsungen, Cook Medical, Teleflex Incorporated, Fresenius Medical Care, NxStage Medical, and Poly Medicure are some top players in this market. Leading players are adopting strategic partnerships with healthcare providers and medical institutes to enter new regions and access a larger client base. Additionally, they have been vigilant in gaining regulatory licenses and adhering to local healthcare norms, allowing them to succeed in local markets.
Arteriovenous fistula therapy is in high demand, which has given new market participants attractive chances to increase their market share locally and internationally. Meanwhile, established arteriovenous fistula treatment devices and product manufacturers and suppliers are increasing investments to enhance product quality and provide cutting-edge treatment approaches.
Key Segments Profiled in the Arteriovenous Fistula Treatment Industry Survey Report:
By Type:
- Arteriovenous Fistulas
- Dural
- Peripheral
- Pial or Cerebral
- Other Fistula Types
By Treatment Type:
- Drugs
- Transcatheter Embolization
- Ultrasound-guided Compression
- Surgery
By Region:
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa
- Europe
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