Dialysis Equipment Market is anticipated to reach US$ 29.93 billion by 2033, at a CAGR of 4.8%

 

Dialysis Equipment Market sales are expected to grow at a CAGR of 4.8% between 2023 and 2033. The global Dialysis Equipment Market, according to FMI, might exceed US$ 18.73 billion in 2023 and reach US$ 29.93 billion by 2033.

End-stage renal disease (ESRD) is fairly frequent among the elderly, and many persons in this age group require monthly dialysis therapy. Kidney disease is currently recognised as an endemic problem affecting over 850 million people globally.

The prevalence of chronic illnesses such as diabetes and hypertension raises the risk of acute kidney injury. Sedentary lifestyle is one of the primary causes of the increased prevalence of renal illnesses worldwide.

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Causative factors include injuries and diseases that result in sepsis or systemic inflammatory response syndrome. For individuals with acute kidney injury, both intermittent hemodialysis (IHD) and continuous renal replacement therapy (CRRT) are possibilities. Dialysis for acute renal injury is typically performed to eliminate excess water and waste.

Miniaturisation and nanotechnology advancements allow for the rapid creation of portable medical equipment, such as wearable dialysis devices. Many portable dialysis systems, for example, are currently undergoing clinical testing in the United States and will be commercially accessible in the future years.

Several advancements in peritoneal dialysis (PD) have been made over time. In PD, improvements in fluid quality have been made. These developments have helped to improve fluid quality, increase the durability of catheters and connections, and improve understanding of the peritoneal membrane in Parkinson’s disease.

Leading industry participants are always working to develop a mobile Dialysis Equipment that is simple to use at home. Because of their ubiquitous availability and use, portable dialysis devices are primarily intended for home use. They may assist to reduce the global burden of end-stage renal disease.

The widespread adoption of innovative technologies in the renal dialysis sector is one of the elements boosting North America’s dominance in the Dialysis Equipment market. Also, there is a surge in public healthcare spending and huge awareness campaigns regarding the accessibility of cutting-edge therapies.

Increases in the number of diabetes patients across the region and the prevalence of chronic renal disease all helped to fuel market expansion.

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Key Takeaways

  • From 2023 to 2033, the Dialysis Equipment market in the United States is projected to expand at a 3.6% CAGR.
  • By 2033, the Dialysis Equipment market in the United Kingdom is estimated to reach US$ 1.89 billion, expanding at a CAGR of 3.3%.
  • China is predicted to grow substantially in the Dialysis Equipment market, registering a CAGR of 6.6% during the forecast period.

Competitive Landscape:

Market players in the Dialysis Equipment market are working hard to develop and deploy cutting-edge technologies to improve the effectiveness and security of the process. This covers the creation of wearable and portable Dialysis Equipment, automated and integrated dialysis machines, and enhanced filtration technologies.

To optimize the dialysis procedure and enhance patient care, market players are also concentrating on enhancing patient comfort and the usability of Dialysis Equipment. They are also actively pursuing many strategies, including partnerships, mergers, and collaborations.

Key Players Working in the Dialysis Equipment Industry

  • 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
  • Outset Medical, Inc.

Recent Developments:

  • In November 2019, Fresenius Medical Care unveiled the 4008A dialysis machine, embracing the company’s strong therapeutic standards while reducing costs for healthcare organizations.
  • Baxter International Inc. reported in January 2019 that its Sharesource remote patient management platform has conducted more than 5 million home PD treatments globally, which is anticipated to accelerate market expansion soon.

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Dialysis Equipment Market by Category

By Product Type:

  • 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

By Disease Condition:

  • Chronic
  • Acute

By End Use:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Home Care Settings

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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