USD 15816.83 million
Dialysis Equipment Market Size, Share, Growth Analysis, By Product(Hemodialysis Devices, Peritoneal Dialysis Devices, Continuous Renal Replacement Therapy (CRRT) Systems, Consumables), By End User(Hospitals, Clinics, Ambulatory Surgical Centers, Homecare Settings), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2518 |
Region:
Global |
Published Date: July, 2036
Pages:
157
|Tables:
67
|Figures:
75
Dialysis Equipment Market Insights
Dialysis Equipment Market size was valued at USD 15816.83 million in 2019 and is poised to grow from USD 16874.5 million in 2023 to USD 26856.68 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).
The global market for dialysis equipment is expected to increase significantly over the projected period due to a variety of factors at play in the overall environment. The development of HD equipment is one of the main ones (Hemodialysis). The high incidence of kidney failure mentioned before also contributes to this. In these circumstances, it becomes essential to filter out waste and water using HD.
As a result, an increasing number of participants took up the challenge of enhancing patient experience and delivering the finest medical results. It is important to note that 37 million people in the United States of America alone have chronic renal disease.
Additionally, this comprises 15% of the adult population, or one in seven persons. Another issue with chronic kidney disease is that roughly 90% of those who have it are completely ignorant that it is even there in their bodies. Furthermore, it's important to note that one in three persons runs the chance of getting the illness.
In absolute terms, this figure totals a massive 80 million. In addition, by 2031, there will be a sizable population of 2 billion people in the world who are 60 or older. When compared to the figure noted in 2019—900 million—the number appears significant. Again, it is important to remember that one in four and one in six individuals will be above the age of 65 in North America, Europe, and the rest of the world, respectively.
It's also important to note that people in this group are more prone to kidney problems. Thus, this group plays a vital role in the expansion of the global market for dialysis equipment. The forecast term is expected to see a moderate expansion of the global market for dialysis equipment. Significant drivers of the need for dialysis equipment have been identified as the rising occurrences of renal disorders, diabetes, and hypertension.
The global market for dialysis equipment is growing as a result of ongoing technical advancements and the healthcare industry's willingness to accept new products and innovations.
Digital identification companies come into play when the patient population rises as they work to enhance and expand the equipment's accessibility. Furthermore, because they can be used to treat renal problems remotely, demand for easily transportable equipment is predicted to increase. As a result, it is projected that during the projection period, this factor would significantly boost the market share of dialysis equipment.
US Dialysis Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Hospitals and Clinics
Fastest Growth
Ambulatory Surgical Centers
Growth Rate
6.6% CAGR
Global Dialysis Equipment Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Dialysis Equipment Market Segmental Analysis
Global dialysis equipment market is segmented based on the Product, End User, and region. Based on the Product, the Global dialysis equipment market is segmented as Hemodialysis devices, peritoneal dialysis devices, continuous renal replacement therapy (CRRT) systems, and consumables. Based On End User, the Global dialysis equipment market is segmented as hospitals and clinics, ambulatory surgical centers, and homecare settings. Based on Region Dialysis Equipment Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Dialysis Equipment Market Analysis by Product
Based on the Product, the market for dialysis equipment is dominated by the hemodialysis equipment category among the many types of dialysis. The global market is also anticipated to see relatively higher growth in the peritoneal dialysis equipment category. The rise of peritoneal dialysis is anticipated to be fueled by a higher level of patient comfort, a sharp decline in treatment costs, and a high degree of operational flexibility.
There is a considerable need for peritoneal dialysis in emerging countries due to the higher frequency of end-stage renal illness and chronic kidney disease. By 2025, it's expected that more emerging countries would use peritoneal dialysis due to its shown superiority over hemodialysis in terms of cost, session length, and equipment functionality.
Dialysis Equipment Market Analysis by End User
Global dialysis equipment market has been segmented on the basis of End User as hospitals and clinic, ambulatory surgical centers, and homecare settings. Among these, the hospital and clinic market accounted for 66.2 percent of the overall market share for dialysis devices and equipment in 2020, making it the largest segment. The availability of cutting-edge dialysis equipment and the presence of skilled medical personnel will continue to fuel expansion in this market.
Patients with CKD are placed on CRRT equipment and require ongoing care and dialysis. CRRT equipment requires specialized knowledge, which hospital staff members can obtain. These variables are expected to cause the hospitals segment's sales to increase over the evaluation period. With a CAGR of 4.55 percent, the home care settings sector is anticipated to have the fastest future growth in the market for dialysis devices and equipment.
Global Dialysis Equipment Market By End User , 2021(%)
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Dialysis Equipment Market Regional Insights
North America held the largest share of the dialysis equipment market. With 34.5 % amount of dialysis equipment sold worldwide in 2020, North America was the largest region. Due to increasing cases of kidney diseases, the demand of dialysis is also increasing. For instance, as of November 2016, the National Kidney Foundation reported that there were roughly 100,791 Americans who needed kidney transplants. Furthermore, the kidney transplant waiting list in the United States sees an average of 3,000 new patients each month. Demand for dialysis procedures has increased because to the rising incidence of renal failure, which is anticipated to boost the North American dialysis equipment market.
The widespread use of innovative technologies in the kidney dialysis sector is one of the reasons boosting the market in North America. Public healthcare spending is also surging, and there are more programs educating the public about the availability of cutting-edge therapies.
Global Dialysis Equipment Market By Geography, 2021 - 2028
- Largest
- Fastest
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Dialysis Equipment Market Dynamics
Dialysis Equipment Market Driver
- Technology's constant developments and the healthcare industry's susceptibility to newer products and their development are two major factors driving the global market for dialysis equipment. Digital identification companies enter the scene as the number of patients rises as the businesses work to improve and make the equipment accessible. This is a significant feature that will continuously drive market growth. Additionally, it has been noted that ESRD, also known as end-stage renal disease, has increased significantly, and statistics indicate that it affects many adults globally.
- The increase in patients with end-stage renal disease (ESRD), rising demand for peritoneal dialysis, the development of more precise and affordable portable dialysis equipment, and new technologies are some of the factors propelling the market expansion.
Due to the rising number of dialysis facilities, rising R&D spending for the creation of new dialysis products, and rising end-stage renal diseases, the market for renal dialysis equipment is anticipated to rise strongly. Baxter International Inc.'s clinical trial on-demand peritoneal dialysis solution production system was approved by the US FDA in January 2019. The new system provides patients with a good base for home dialysis.
Dialysis Equipment Market Restraint
- Low Awareness of Healthcare: The historical past has seen a slow expansion of the dialysis devices and equipment market due to limited disease awareness, particularly in underdeveloped and developing nations. According to a 2018 study by the Asian Pacific Society of Nephrology, only 10% of people at high risk and 6% of the overall global population are aware of their statuses as having chronic kidney disease. The patient pool was hampered by a lack of disease awareness, which also restrained the market's expansion for dialysis equipment and devices.
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Dialysis Equipment Market Competitive Landscape
Global dialysis equipment market is relatively fragmented, with a high level of competition. Leading companies in the worldwide dialysis equipment market are putting more of an emphasis on R&D to increase product efficacy and diversify their product offering. Players are also spending money on partnerships, collaborations, mergers, and acquisitions to increase their worldwide market presence.
Dialysis Equipment Market Top Player's Company Profiles
- Fresenius Medical Care AG & Co. KGaA
- Baxter International Inc.
- B. Braun Melsungen AG
- Nipro Corporation
- DaVita Inc.
- MEDIVATORS Inc.
- Nikkiso Co. Ltd.
- Asahi Kasei Corporation
- NxStage Medical Inc.
- Toray Industries Inc.
- Allmed Medical Products Co. Ltd.
- Rockwell Medical Inc.
- Medtronic plc
- Diaverum Deutschland GmbH
- Mar Cor Purification Inc.
- Gambro AB
- Hemoclean Co. Ltd.
- Satellite Healthcare Inc.
- JMS Co. Ltd.
- Kawasumi Laboratories Inc.
Dialysis Equipment Market Recent Developments
- In April 2022, Baxter International Inc., a global leader in acute care, today announced the U.S. Food and Drug Administration (FDA) 510(k) clearance of the company’s ST Set used in continuous renal replacement therapy (CRRT). The ST Set is a pre-connected, disposable, extracorporeal (outside the body) circuit that provides blood purification through a semipermeable membrane to be used with the PrisMax or Prismaflex control units (monitors).
- In January 2022, Rockwell Medical, Inc announced that its partner in South Korea, Jeil Pharmaceutical Co., Ltd. (“Jeil”), has received a second regulatory approval by the Ministry of Food and Drug Safety of the Republic of Korea for Triferic® Dialysate (ferric pyrophosphate citrate sodium sulfate co-precipitate hydrate) for maintaining hemoglobin in adult patients with hemodialysis-dependent chronic kidney disease (HDD-CKD).
Dialysis Equipment Key Market Trends
- A further factor boosting the market for dialysis equipment recently is the rise in kidney damage among children, when survival chances are quite low. Since they require dialysis on a constant basis, pediatric dialysis is one industry that will significantly influence the market. The producers are attempting to influence the market and treatment for age groups in the best possible way. The sale of equipment will increase greatly in the upcoming years due to this particular tendency. The quantity of innovation being made in the industry, which is anticipated to considerably increase market sales, is another factor that benefits the global market.
- Portable Dialysis Equipment
A portable, convenient home dialysis machine is being developed by a number of industry players. Tablo was developed by Outset Medical Inc, a healthcare organization with headquarters in the US, using cutting-edge technology. Wireless connectivity built into the machine makes it simple to send treatment data to cloud storage, and table sensors integrated into the machine simplify process setup through automation. This device allows for real-time dialysis, which has greatly sped up the course of therapy. This caliber of innovation has contributed to the dialysis equipment market's adequate growth.
Dialysis Equipment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Dialysis Equipment Market Analysis, in terms of Product, the hemodialysis segment held the largest share and is estimated to maintain a similar inclination over the forecast period. In terms of End User, the Hospital segment accounts more than 60% of the total. Because of the fact that hospitals educate medical personnel will play a significant role in the development of cutting-edge machinery that will drive the segment's growth. The market for dialysis equipment's end-user segment will expand along with the CRRT.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 15816.83 million |
| Market size value in 2031 | USD 26856.68 million |
| Growth Rate | 6.6% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Dialysis Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Dialysis Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Dialysis Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dialysis Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dialysis Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dialysis Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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