The global dialysis market size was exhibited at USD 116.07 billion in 2022 and is expected to hold around USD 196.1 billion by 2030, growing at a CAGR of 6.78% from 2022 to 2030.
The global dialysis market size was exhibited at USD 116.07 billion in 2022 and is expected to hold around USD 196.1 billion by 2030, growing at a CAGR of 6.78% from 2022 to 2030.
Dialysis is a procedure that helps people with chronic renal failure remove waste products from their blood, including urea and creatinine, which are brought on by impaired kidney function. Both kidney transplantation and end-stage renal disease (ESRD) are treated with this procedure. The process involves cleaning the blood, removing extra fluid and contaminants, and reestablishing electrolyte balance. Hemodialysis and peritoneal dialysis are the two varieties of procedures. During hemodialysis, waste products from the patient's blood are removed extracorporeal from the body. Peritoneal dialysis uses the abdominal peritoneum as the dialysis medium.
Get the Sample Copy of This Report@ https://www.precedenceresearch.com/sample/1982
Market Growth
The rising incidence of chronic kidney disease and renal failure is one of the main factors driving the dialysis industry. The combined burden of ESRD and CKD is one of the highest in terms of cost and healthcare facility services. When one or both kidneys stop functioning properly, a patient has the end-stage renal disease (ESRD) and needs long-term renal infusion therapy or a kidney transplant. As a result, the prevalence of ESRD is increasing, which adds to the burden of renal diseases globally and is one of the key factors driving increased service revenue. Additionally, the COVID-19 pandemic's arrival is anticipated to accelerate the dialysis industry's growth during the next few years.
Dialysis Market Report Scope
Report Coverage |
Details |
Market Size In 2022 |
USD 116.07 Billion |
Market Size By 2030 |
USD 196.1 Billion |
Growth Rate From 2022 to 2030 |
CAGR of 6.78% |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
By Type, By Dialysis Type, By End User |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Regional Analysis
The value of the North American market in 2021 is USD 39.87 billion. It is predicted that North America will hold the majority of the market share over the projection period. The market expansion is predicted to be propelled over the anticipated period by the increased incidence of CKD and ESRD in the United States and Canada, as well as higher treatment rates in these countries. It is also projected that the increased prevalence of coronavirus infections and the ensuing renal failures will raise demand for services and goods in the US. The predictions indicate that Europe will have a moderate long-term growth rate and the second-largest market share. The primary cause of the area's rapid growth is the quickly expanding senior population, many of whom have renal problems. Additionally, it is anticipated that this market will have relatively significant value growth in Asia-Pacific. During the anticipated term, market growth is anticipated to be boosted by funding from public players to improve access to renal care.
Ask Here for Customization@ https://www.precedenceresearch.com/customization/1982
Market Dynamics
Drivers
The need for dialysis treatment will increase as end-stage renal disease prevalence rises in both developed and emerging nations. The Government of India estimates that each year, 220,000 additional ESRD patients are added. The vast majority of them need dialysis therapy.
Due to a rise in kidney function loss caused by rising alcohol intake, the market expansion has been adversely impacted. The rapidly increased need for dialysis has also been influenced by the rising incidence of hypertension, blood pressure issues, and the aging population.
The introduction of new products and consumables is expected to be approved by more regulatory bodies, government involvement in the prevention and control of renal diseases, and collaborative efforts by a number of organizations to provide such efficient renal services in underserved regions of developing countries are all expected to fuel market expansion.
Restraints
Over a million people die each year due to the lack of accessible treatments, according to the National Kidney Foundation, which estimates that 10% of the world's population is affected by chronic kidney disorders. The worldwide dialysis market has grown as a result of this scenario's growing penetration of dialysis treatments throughout time. The risks and issues related to dialysis, together with product recalls, could, nevertheless, impede the growth of the dialysis industry. The development of the market as a whole could be hampered by difficulties that arise during dialysis treatment.
Opportunities
Due to the rising need for dialysis therapy in the management of renal illnesses, the consumables market is anticipated to increase at a rate of about 5% through 2027. The category expansion is aided by consumables like catheters, which offer the highest level of patient safety. Additionally, consumables including dialyzers, blood tubes, access products, and others have a greater replacement rate and are frequently used during hemodialysis therapy, which supports the overall business expansion.
Dialysis Type Insights
Hemodialysis and Peritoneal Dialysis are the two subcategories of the Dialysis Market. Two further categories of hemodialysis are conventional and routine (short daily and nocturnal hemodialysis). In 2021, hemodialysis generated the highest income of the two, and it is anticipated that it will continue to do so throughout the projected period. During hemodialyzation, waste products like urea are extruded from the inmate's blood. Peritoneal dialysis uses the stomach's peritoneum as the dialysis medium. Haemodialysis is anticipated to maintain its dominance for the foreseeable future. The choice of peritoneal therapy has decreased due to insufficient peritoneal treatment training in both developed and developing countries.
Type Insights
Services and Products make up the two main segments of the market. In 2021, services accounted for the largest portion, primarily as a result of the global expansion of renal care facilities equipped with cutting-edge technology for both chronic and urgent treatment and the increasing emphasis that service providers place on providing patients with high-quality care. Demand for services is rising as a result of care providers' more patient- and profit-focused business models. As more local and regional businesses enter the market to address the rising demand for cutting-edge products and consumables, the product sector is expected to grow gradually over the next few years.
End User Insights
Home care, centers, hospitals, and end users are all categories of end users in the global market. Due to the favorable reimbursement policies established by hospitals and renal facilities for renal treatments, the growing number of patients with CKD and ESRD, and rising healthcare spending in the general public, dialysis treatment centers held the biggest market share in terms of value in 2021. On the other hand, homecare is anticipated to have the highest CAGR and increase the fastest throughout the anticipated timeframe. Because of an increase in COVID-19, it is anticipated that the hospital segment would grow soon.
Related Reports
Home Infusion Therapy Market 2022 To 2030
https://www.precedenceresearch.com/home-infusion-therapy-market
Bone Grafts and Substitutes Market 2022 To 2030
https://www.precedenceresearch.com/bone-grafts-and-substitutes-market
Image-guided Therapy Systems Market 2022 To 2030
https://www.precedenceresearch.com/image-guided-therapy-systems-market
Recent Development
- In May 2021, By including Baxter International Inc.'s Home Choice Claria automated peritoneal dialysis (APD) equipment, Davita Inc. improved its at-home renal care program. This ground-breaking technology strengthened the business's home dialysis program and is an important step in marketing home dialysis.
- In May 2021, The Kinexus treatment management platform, a cloud-based technology, was introduced by Fresenius Medical Care AG & Co. KGa. This system was created to manage peritoneal dialysis utilizing the Liberty Select cycler while enhancing workflows, productivity, and patient outcomes.
Major Key Players
- Fresenius Se and Co. Kgaa
- Asahi Kasei Corporation
- B. Braun Melsungen Ag
- Baxter International Inc.
- Becton, Dickinson And Company (C. R. Bard, Inc.)
- Davita
- Angiodynamics Inc.
- Diaverum Deutschland Gmbh.
- Nikkiso Co. Ltd.
- Nipro Corporation
- Medtronic
- Asahi Kasei Corporation
Market Segmentation
By Type
- Product
- EQUIPMENT
- Dialysis Machines
- Water Treatment Systems
- Others dialysis equipment
- Consumables
- Dialyzers
- Catheters
- Other dialysis consumables
- Dialysis Drugs
- EQUIPMENT
- Services
By Dialysis Type
- Hemodialysis (HD)
- Conventional Hemodialysis
- Short daily hemodialysis
- Nocturnal hemodialysis
- Peritoneal dialysis (PD)
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Automated Peritoneal Dialysis (APD)
By End User
- Dialysis Center and Hospitals
- Home Care
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
https://www.precedenceresearch.com/table-of-content/1982
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
Immediate Delivery Available | Buy This Premium Research Report@ https://www.precedenceresearch.com/checkout/1982
You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 9197 992 333