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Kidney Dialysis Equipment Market to Strengthen Its Position in Global Industry at ~5 7% CAGR Forecast to 2023
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Biometrics Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2027
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Kidney Dialysis Equipment Market Strategies And Competitive Analysis, Forecast Till 2023
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The global dialysis devices and equipment reached a value of nearly $16,534.0 million in 2019, having increased at a compound annual growth rate (CAGR) of 3.1% since 2015. The market is expected to decline from $16,534.0 million in 2019 to $13,293.5 million in 2020 at a rate of -19.6%.
The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8.7% from 2021 and reach $19,591.8 million in 2023. The market is expected to reach $21,939.9 million in 2025, and $29,010.8 million in 2030.
Major European Markets Close Lower On Growth Worries Amid Virus Cases, Lockdowns
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European markets ended mostly lower on Tuesday as worries about the economic impact of surging coronavirus cases and tighter lockdown restrictions in several places across the continent weighed on stocks.
However, the downside was not sharp in the major markets as hopes of a large stimulus in the U.S., the rollout of coronavirus vaccines in several countries, and expectations of fairly strong results from top companies prompted investors to refrain from engaging in any big selling.
Markets were also reacting to a slew of economic data from the region, besides digesting the remarks of Janet Yellen, the U.S. Treasury Secretary nominee, before the Senate Finance Committee.