What is the global market size of Dialysis Equipment Market?

Dialysis Equipment Market size was valued at USD 15816.83 million in 2021 and is poised to grow from USD 16874.5 million in 2022 to USD 26856.68 million by 2030, growing at a CAGR of 6.6% in the forecast period (2023-2030).

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 News

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).

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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).

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. '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.'

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.

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.

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.

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