Nephrology - Kidney - Market

The global renal disease market is expected to trigger the Compound Annual Growth Rate (CAGR) of 6.32% during the forecast period of 5 years (2018-2023) with a market value of 94 million USD by 2023. The cost incurred on the treatment patterns like dialysis, transplantations, medications, and various devices like urinary collection devices is increasing drastically with the increase in the incidence of occurrence for various renal disorders. This change is indirectly governed by various other comorbidities. However, the rate of incidence is high in women compared to men.
Renal Diseases have been influencing the health community to a greater extent by contributing high incidence of kidney diseases. As per the National Institute of Diabetes and Digestive and Nephrology report of 2015. More than 6,61,000 Americans are found to be the victims of renal failure, of which 4,68000 are on dialysis and the remaining have undergone transplantation. As per National Chronic Kidney disease facts around 60 million people in the US have been suffering from chronic kidney disease in 2018.
The global renal disease market is shared by different regions like the Americas, Europe, Asia-Pacific, and Middle-East Africa. However, the Americas hold the largest market share in specific North America due to the increasing prevalence of the renal disease among the elderly population and advanced therapeutic approaches available in that region. Europe accounts for the second-largest market share in the forecast period of 5 years, as per the European kidney association’s report, about 10 % of the population is affected by kidney diseases. In addition to this increasing awareness, the growing elderly population and encouraging dialysis units by the government contributed to the increased renal market in Europe. Rapid economic development in the Asia Pacific region is the major factor for the fastest-growing global renal market. The global market in the Middle East and Africa is expected to grow due to the increasing incidences of renal diseases.
Graphical analysis for the 2023 Nephrology Conferences market:
The graphical representation by analyzing the physical conference market in 2023 and the coming years are as follows.
Meetings International announcing the international nephrology conferences. Have a look at https://www.meetingsint.com/nephrology-conferences