IT Solution for Dialysis Market to Surpass US$ 5,694.9 Million by 2027 - Coherent Market Insights

Global IT Solution for Dialysis Market, by Application (Data Acquisition, Data Management, Quality Assurance, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 3,335.8 million in 2019 and is expected to exhibit a CAGR of 6.2% over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights.

The increasing product approval and receiving quality certificates from regulatory authorities are expected to drive the market growth over the forecast period. For instance, in May 2019, CitiusTech, a leading provider of healthcare technology services and solutions, received the National Committee for Quality Assurance (NCQA) Healthcare Effectiveness Data and Information Set (HEDIS) certification for BI-Clinical, its healthcare business intelligence (BI) and analytics platform.

Browse 17 Market Data Tables and 22 Figures spread through 93 Pages and in-depth TOC on “IT Solution for Dialysis Market, by Application (Data Acquisition, Data Management, Quality Assurance, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027”

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https://www.coherentmarketinsights.com/market-insight/it-solution-for-dialysis-market-3706

Key players in the market are focused on launching dialysis websites and health platforms, in order to expand their product portfolio and global presence in the IT solution for dialysis market. For instance, in August 2017, B. Braun Avitum, an operating segment of B. Braun Melsungen AG, launched a new dialysis website, which offers tips for healthy nutrition, time management, and vacation planning, and offers patients with renal failure holistic support for their everyday lives.

Similarly, in October 2019, Fresenius Medical Care North America (FMCNA), a subsidiary of Fresenius Medical Care AG & Co. KGaA, launched its new connected health platform called TheHub for monitoring patient treatments.

Key Takeaways of the Global IT Solution for Dialysis Market:

• The global IT solution for dialysis market is expected to exhibit a CAGR of 6.2% over the forecast period, owing to increasing number of dialysis procedures. For instance, according to South African Renal Registry annual report 2016, around 3,175 patients were receiving dialysis treatment in the public sector in South Africa and 881 (27.8%) were undergoing peritoneal dialysis, in 2016.
• Among application, data acquisition segment held highest market share in B. Braun Medical Ltd.’s product, NEXADIA Monitor, is a software that provides a transparent view and control of a wide range of processes in dialysis treatment. It is used for data acquisition from patient scales, dialysis machines, and analyzers. Hence, generation of large amount of patient data and availability of healthcare IT solution software are expected to drive the segment growth over the forecast period.
• Key players operating in the global IT solution for dialysis market include CitiusTech Inc., B. Braun Melsungen AG, QuantumSys Technologies, Fresenius Medical Care AG & Co. KGaA, Constellation Kidney Group, Intersurgical Inc., Renalyx, SageKey Software Inc., Aithent Inc., Gaia Software, LLC, CureMD Healthcare, Renesan Software, Document Storage Systems, Inc., Visonex, iSalus Healthcare, and M Dialysis