USD 81.11 billion
Hemodialysis and Peritoneal Dialysis Market Size, Share, Growth Analysis, By Type (Hemodialysis, Peritoneal Dialysis), By Product (Device, Consumables), By End Use (Home-based, Hospital-based), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35D2277 |
Region:
Global |
Published Date: November, 2024
Pages:
188
|Tables:
140
|Figures:
74
Hemodialysis and Peritoneal Dialysis Market Insights
Global Hemodialysis and Peritoneal Dialysis Market size was valued at USD 81.11 billion in 2022 and is poised to grow from USD 86.38 billion in 2023 to USD 142.97 billion by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).
In recent times, the demand for hemodialysis and peritoneal dialysis is constantly increasing due to lack of organ doners, increasing prevalence of acute kidney injury, and risks related to transplants. Furthermore, innovations in technology and initiatives by key players are launching innovative products and services in the market. Conditions that decrease kidney functions can result in chronic kidney diseases. This develops into End-Stage Renal Disease (ESRD). The growing incidence of CKD is also boosting the demand for dialysis products. Renal diseases and renal failures are becoming more frequent among the population owing to rising cases of diabetes and hypertension. One of the key impacts of both type 1 and type 2 diabetes is diabetic nephropathy. This is triggered by damage to the kidney’s blood artery clusters that help in removing waste process of the body and leads to renal damage. Diabetes is also increasing among people owing to aging, obesity, and unhealthy lifestyle, contributing to the development of the market. Today, diabetes is one of the most common diseases globally.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Home-based
Fastest Growth
Device
Growth Rate
6.5%
Global Hemodialysis and Peritoneal Dialysis Market ($ Bn)
Country Share for North America Region (%)
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Hemodialysis and Peritoneal Dialysis Market Segmental Analysis
Global Hemodialysis and Peritoneal Dialysis Market is segmented on the type, product, end use, and region. By type, Market is segmented into Hemodialysis, and Peritoneal Dialysis. By product, Market is segmented into Device, Consumables, and Service. By end use, Market is segmented into Home-based, and Hospital-based. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Product
Based on product, the market is segmented into Service, Consumables, and Devices. The service segment is dominating the market with the largest share. This segment is growing exponentially due to the increasing prevalence of ESRD and the rising number of dialysis service providers. The share is dominating because of the growing incidences of ESRD and the rising number of dialysis service providers. Many key dialysis service providers are opening and acquiring new dialysis centers, contributing to the growth of the segment. This is also increasing the services offered by providers globally. Technological developments and initiatives from various manufacturers are also fueling the advancement of the market. These new technologies are enhancing treatment and outcomes for treatments who prefer treating themselves at home.
The consumables segment is experiencing the fastest growth in the hemodialysis and peritoneal dialysis market. The segment is growing exponentially fueled by substantial investments made by governments. This enhances patient safety, patient-centered treatment, and efficiency. Companies are also developing catheters made with advanced materials that are resistant to chemicals like iodine, alcohol, and peroxides. This minimized the possibility of catheter malfunction and extends its lifespan. Furthermore, there is also an increasing requirement for catheters coated with antimicrobial agents to decrease bloodstream infections. The extension of innovative dialyzer production technologies like improved surface contact and cutoff membrane dialyzer for better diffusion is also positively influencing the segment. The market is also segmented into categories like catheters, concentrates, bloodlines, and others.
Analysis by End User
Based on end-user, the market is segmented into home-based, and hospital based. The hospital-based segment is dominating the market with the largest revenue share. The segment will continue to advance because of the easy availability of highly qualified and experienced medical professionals in the hospitals. The presence of professional and experienced renal care providers is also guaranteeing that patients get better treatment and enhanced dialysis in medical settings like hospitals and dialysis centers. Furthermore, the increasing emphasis of market players on developing independent dialysis centers is boosting the segment. Rising awareness about advanced therapies and increasing number of patients opting for treatments in hospitals are also driving the growth of the segment. Many organizations are emphasizing the advancement of in-center dialysis, which is also fueling the growth of the segment in hemodialysis and peritoneal dialysis market.
The home-based segment is witnessing the fastest growth in the hemodialysis and peritoneal dialysis market. This growth is mainly due to the increasing adoption of home dialysis for its various advantages. There are many benefits to home dialysis like enhanced quality of life, minimized travel costs, flexibility, and easy patient mobility. Furthermore, the preferences of the older populations are also changing. They are opting for home dialysis therapy due to renal dysfunction, fueling the growth of the market further. Many patients also prefer home dialysis to maintain their independence and high operational status. This is because of the development of smaller, and nightstand-sized dialysis machines, along with simple blood tubing and dialyzer connections.
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Hemodialysis and Peritoneal Dialysis Market Regional Insights
Based on region, North America is dominating the hemodialysis and peritoneal dialysis market. This is because key market players and government bodies are investing in the development of innovative healthcare equipment. Governments are also offering favorable reimbursement, which is immensely contributing to the expansion of the market. The demand for dialysis is increasing constantly due to the prevalence of kidney failures and chronic kidney diseases. Some of the other factors that are boosting the market expansion are increasing medical expenses, government initiatives, and rising disposable income. The rising incidences of obesity and diabetes is leading to increasing kidney disorders, boosting the growth of the market.
Asia Pacific is witnessing the fastest growth in the hemodialysis and peritoneal dialysis market. The increasing rates of renal failure and aging population is fueling the growth of the market. The advancement of innovative technologies is also positively influencing the growth of the market. Furthermore, as per the IDF, there are almost 88 million adults in Southeast Asia who are suffering from diabetes and by 2045 its number is expected to increase. Moreover, there are also many other factors that are boosting the expansion of the market like increasing government initiatives, and CKD awareness programs. Technologically advanced products and the accessibility of modern medical facilities are also increasing market growth.
Global Hemodialysis and Peritoneal Dialysis Market Market By Geography
- Largest
- Fastest
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Hemodialysis and Peritoneal Dialysis Market Dynamics
Drivers
Increasing Awareness and Education
- The growing awareness campaigns about kidney diseases and availability of treatment options are boosting early diagnosis and intervention. It is extending the patient base for dialysis therapies. Initiatives like World Kidney Day increases awareness about kidney health globally. This is encouraging people to go through regular screenings. Furthermore, early detection allows timely intervention and initiatives of dialysis treatment are accelerating the growth of the market by addressing the requirements of people.
Increasing Prevalence of End-Stage Renal Diseases
- The increasing incidences of chronic kidney diseases like diabetes and hypertension is fueling the demand of dialysis treatment. This rising demand is propelling the growth of the market. As per the National Kidney Foundation, almost 37 million Americans suffer from chronic kidney diseases. Diabetes and high blood pressure are the primary causes of this. The increasing patient pool highlights the necessity for dialysis services, boosting the innovation and investment in hemodialysis and peritoneal dialysis market.
Restraints
High Expense of Hemodialysis Treatment
- The high expense of hemodialysis treatment, like equipment, consumables and facility fees are proving to be a substantial hindrance to market growth. Getting proper treatment can become a financial burden for some patients in low- and middle-income nations because of the high expenses of equipment. Furthermore, there are also reimbursement challenges and lack of insurance coverage that further restricts its accessibility and restrain market growth.
Complications and Restrictions of Hemodialysis
- Hemodialysis has established its value in the treatment of ESRD. But the therapy also has its part of difficulties and boundaries that influence patient safety, quality of life, and medical expenses related with negative events management. It is crucial to address these challenges through innovation and clinical advancement in order to overcome barriers and fuel market growth.
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Hemodialysis and Peritoneal Dialysis Market Competitive Landscape
The market is extremely dynamic with the presence of many local organizations. These market players are trying to get more market share by engaging in strategies, like investments, partnerships, and acquisitions & mergers. Many companies are investing more money in the advancement of dialysis and improving patient experience. Furthermore, they are also focusing on maintaining competitive pricing, which is intensifying the competition in the market. Companies are also constantly investing in research and development initiatives to stay ahead and increase their market presence in this ever-changing business setting.
Top Player’s Company Profile
- Fresenius Medical Care AG (Germany)
- Baxter (US)
- Davita Inc. (US)
- Nikkiso Co., Ltd. (Japan)
- B. Braun SE (Germany)
- Medtronic (US)
- Asahi Kasei Corporation (Japan)
- Terumo Corporation (Japan)
- Toray Medical Co., Ltd. (Japan)
- Nipro Corporation (Japan)
- Diaverum AB (Sweden)
- Dialife SA (Switzerland)
- Isopure Corp. (US)
- Rockwell Medical, Inc. (US)
- Becton, Dickinson and Company (US)
- JMS Co. Ltd. (Japan)
- Allmed Medical Products Co., Ltd. (China)
- Atlantic Biomedical (US)
- AngioDynamics (US)
- Amecath (Egypt)
- Cook (US)
- Medical Components Inc. (US)
- Polymedicure (India)
- Xylem (US)
- Outset Medical, Inc. (US)
Recent Developments
- In October 2023, Baxter received the approval of FDA for their NxStagOne portable hemodialysis. This approval will increase the adoption of hemodialysis among patients.
- In September 2023, B. Barun Melsungen AG launched their Avitum hemodialysis system in Europe. It has advanced technology for ensuring the comfort and safety of patients.
- In April 2023, Medtronic received the approval of patients for their ENlite glucose sensor utilized with peritoneal dialysis treatment. This real-time monitoring allows patients to efficiently manage diabetes.
Hemodialysis and Peritoneal Dialysis Key Market Trends
- Increasing Opportunities in Emerging Markets: The growing markets offer immense opportunities for growth in the hemodialysis market. This is mainly due to the rising incidences of chronic kidney disease (CKD), enhancing medical structure, and increasing access to renal replacement treatment. Organizations can capitalize on these development prospects by extending into developing economies with cost-efficient solutions tailored to local requirements.
- Increasing Use of Customized and Precision Medicine: Advanced therapies like personalized and precision medicines are improving hemodialysis treatment results by customizing therapies according to the patient characteristics and disease profiles. Technologies like biomarker research, genetic testing, artificial intelligence, and automation are making personalized hemodialysis prescriptions. These technologies are also helping in predicting treatment responses precisely and reduce complications creating more opportunities for market players.
Hemodialysis and Peritoneal Dialysis Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global hemodialysis and peritoneal dialysis market is extremely dynamic and fragmented. The key players are introducing new products in the market to offer better treatment and dialysis to the patients. They are also engaging in joint ventures to vertically integrate across the value chain. This minimizes operational expenses and enables higher profit margins. Prominent players are using various strategies to increase market positions. They are engaging in strategies like mergers and acquisitions, collaborations to increase their presence in the market. Furthermore, small businesses and start-ups are focusing on niche products in order to meet the requirements of specific consumer bases.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 81.11 billion |
| Market size value in 2031 | USD 142.97 billion |
| Growth Rate | 6.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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 |
|
| 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 Hemodialysis and Peritoneal Dialysis 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 Hemodialysis and Peritoneal Dialysis 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 Hemodialysis and Peritoneal Dialysis 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 Hemodialysis and Peritoneal Dialysis 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 Hemodialysis and Peritoneal Dialysis Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hemodialysis and Peritoneal Dialysis 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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