Nearly 2.5 million patients worldwide rely on hemodialysis to treat end-stage renal disease (ESRD) in an attempt to sustain life. This population is growing at 5.6% annually and is projected to reach 3.4 million by 2020. In the US alone, over 400,000 are currently on hemodialysis with growth estimates of 530,000 by 2020. (See Exhibit 1.) Moreover, more than $47 billion per annum is spent in the US to treat ESRD; yet, only 51% of dialysis patients are still alive three years after starting therapy.
Exhibit 1
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