The Bicarbonate Cartridge Market is expected to grow on an irrevocable note in the upcoming period. The medical landscape is witnessing an influx of at-home diagnostic kits. This trend of on-demand products is likely to take the healthcare vertical by storm in the upcoming period. It has been observed that home kits aid in educating patients and bringing them to the medical visits better prepared, thereby curtailing the time taken for diagnosis. The status quo would help in keeping the healthcare vertical’s cash registers ringing going forward as well.
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.
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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.
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.
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.
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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.
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.
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.
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.
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Competition Outlook
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.
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