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

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).

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. '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)'

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 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.

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.