[318 Pages Report] The global Dialysis Equipment Market size is projected to reach US$ 17.87 Bn in 2022, finds Future Market Insights (FMI) in a recent market study. Growing prevalence of diabetes and hypertension is leading to high incidence of end-stage renal diseases.
This is underscoring the need for advanced dialysis equipment, thereby creating a conducive environment for growth of the market. In addition to this, increasing demand for portable and easily accessible equipment for kidney diseases is expected to propel sales in the market.
Against this backdrop, FMI has forecast sales to increase at a 4.8% CAGR, reaching a market valuation of US$ 23.62 Mn by 2028.
The dialysis equipment market is growing as the number of patients is increasing. The demand for cost-effective and portable dialysis equipment is also increasing since end user demand is high for low-cost dialysis equipment. Advanced technology in the medical industry is also boosting the dialysis equipment market. New product launches which are more accurate and portable are directly boosting the dialysis equipment market. Chronic kidney diseases may develop over many years and lead to end-stage kidney (or renal) disease (ESRD). This makes dialysis a necessity. Dialysis is a technique that is an alternative for numerous vital functions of the kidneys. To provide an accurate understanding and assess the opportunities in this market, the report is categorically split into four sections, namely: market analysis by product type, disease condition, end use, and region. The report analyses the global dialysis equipment market in terms of market value (US$ Mn).
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The report starts with an overview of dialysis equipment and usage in applications in regions across the globe. In the same section, FMI covers the performance of the dialysis equipment market in terms of revenue. This section includes FMI analysis of key trends, drivers, and restraints from the supply side and demand side perspective.
The next section analyses the market based on product type, and presents the forecast in terms of value for the next 10 years. Product type segments covered in the report include:
- Hemodialysis Devices
- Hemodialysis Machines
- Dialyzers and Filters
- Vascular Access Devices
- Peritoneal Dialysis Devices
- Automated Peritoneal Dialysis Machine
- Dialyzers and Filters
- Vascular Access Devices
- Continuous Renal Replacement Therapy (CRRT)
- Consumables
The next section analyses the market based on disease condition, and presents the forecast in terms of value for the next 10 years. Disease condition segments covered in the report include:
- Chronic
- Acute
The next section analyses the market based on end-use segments, and presents the forecast in terms of value for the next 10 years. End-use type segments covered in the report include:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Home Care Setting
The next section analyses the market based on regions, and presents the forecast in terms of value for the next 10 years. Regions covered in the report include:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
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To arrive at market size, the report considers the average price of dialysis equipment across geographies. The forecast presented here assesses the total revenue of the dialysis equipment market. When developing the market forecast, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of the market, we triangulated the outcome based on different analysis based on supply side, demand side, and GDP growth rate. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities, rather than rationalizing them after the forecast has been completed.
In addition, we have taken into consideration year-on-year growth to understand the predictability and identify the right opportunities across the market.
As previously highlighted, the dialysis equipment market is split into various segments based on region, product type, disease condition, and end use. All segments have been analyzed to understand an individual segment’s relative contribution to growth. This detailed level of information is important for the identification of many key trends in the dialysis equipment market.
Also, another key feature of this report is the analysis of the dialysis equipment market by region, product type, disease condition, and end use; revenue forecast in terms of absolute dollar value. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective.
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Furthermore, Future Market Insights has developed a market attractiveness index for all four segments. This index helps in identifying the real opportunities available in the market.
In the final section of the report, the dialysis equipment market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the market, presence in dialysis equipment product portfolio, and key differentiators.
Key players in the global dialysis equipment market include Baxter, Asahi Kasei Corporation, Fresenius Medical Care AG & Co. KGaA, Cantel Medical, Rockwell Medical, JMS Co. Ltd., Teleflex Incorporated, B. Braun Melsungen AG, NIPRO, HEMOCLEAN CO., LTD., Quanta, and Outset Medical, Inc.