The Home Dialysis Systems Market is forecasted to flourish at a CAGR of 10.1% and reach a valuation of USD 45.81 Bn by 2032, while it holds a revenue of USD 19.27 Bn in 2022.
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Growing numbers of diabetic and hypertensive patients, an ageing population, and government initiatives investing large sums of money in the development of new products are driving home dialysis system sales.
End users are being pushed to adopt these home dialysis systems due to increased hospital traffic and patients preferring home care. The demand for home dialysis systems rises as a result.
The growing concern about the risks of transplants, combined with a scarcity of organ donors, is adding to the traction, and new innovative healthcare companies are developing new and advanced home dialysis systems that cover the majority of the transplant processes. This increases the need for home dialysis systems.
Key Takeaways from Market Study
- The service segment leads the product category due to its ease of installation and application for patients, as well as its best applications in emergency situations, accounting for 55.44% of the market share.
- Higher growth opportunities for this segment can be attributed to its widespread use during the covid-19 and post-covid implications, which increase sales of home dialysis systems.
- Chronic kidney disease accounts for 80.22% of global revenue. Rising kidney issues, high blood pressure, and multiple pre-existing illnesses are all factors contributing to the growth of this segment.
- Other diseases, such as obesity and diabetes, have their own implications, and chronic kidney disease is one of the most common, driving sales of home dialysis systems.
- North America is expected to account for 38.40% of the global home dialysis systems market by the end of 2032. The growing geriatric population, as well as youth suffering from chronic diseases such as diabetes and high blood pressure, are driving the North American home dialysis systems market.
- As the number of cases of failing kidneys increases in the region, the Asia Pacific region is expected to grow at the fastest CAGR in the home dialysis systems market. This is caused by poor drinking water quality and unsanitary food.
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“As the covid-19 has triggered the need for home dialysis systems as there was a huge number of patients with failing body organs. The frequently expanding healthcare market is also attributed to the growth of home dialysis systems. According to the home dialysis systems market survey, the clinical treatment centers, chronic diseases, and hospitals consume the most of the home dialysis systems market. With the advent of the COVID-19 outbreak, home hemodialysis has gotten a lot of traction since it allows patients to do their dialysis at home in a home environment.” says a Future Market Insights analyst.
Competitive Landscape
Several key competitors in the home dialysis systems market are focusing on expanding their supply chain while expanding their sales channel. The key competitors understand the product and are experimenting with it to make it more environmentally friendly and industry-specific for the end users. Because of the growth of the Home dialysis systems market, the competitive landscape has become more dynamic and versatile.
Recent Developments
- CertainTeed Corporation has expanded its siding portfolio with new products such as vinyl, polymer, stone, and composite siding. Home dialysis systems are included in the construction of composite siding. This increases the demand for home dialysis systems.
- Fiberon and BlueLinx have introduced 14 new composite decking and railing distribution spaces. These new distribution centres, which are located in Denver, Colorado, Jacksonville and Tampa, Florida, Chicago, Illinois, Detroit, and Grand Rapids, Michigan, among other cities, are helping to drive global demand for home dialysis systems.
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Home dialysis systems Market by Segmentation
By Type:
- Hemodialysis
- Conventional
- Short Daily Hemodialysis
- Nocturnal Hemodialysis
- Peritoneal Dialysis
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Ambulatory Peritoneal Dialysis (APD)
By Product Outlook:
- Device
- Machine
- Dialyzers
- Water Treatment System
- Others
- Consumables
- Bloodlines
- Concentrates
- Catheters
- Others
- Service
By Treatment Outlook:
- Acute Kidney Disease
- Chronic Kidney Disease
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