Global Dialysis Market Forecast to 2025: Ken Research

The global dialysis market is estimated to grow by US$118.57 billion in 2025, registering at a CAGR of 4.80%- 5% in the period spanning from 2022 to 2025.

The dialysis market is driven by innovative and advanced technological medical devices involved in the dialysis machine. Introducing new era sensors, components, and single-chip solutions have immensely impacted the dialysis machine's design and structure. Most manufacturers focus on patient and operator parameters as this machine is highly regulated and certified founded on safety parameters. This has also been regulated by regularity bodies such as FDA, CE, and CDSCO, which has imposed enormous challenges for the medical device manufacturers. Further, the market is expected to see significant growth with an increase in disease patterns and a new wave of innovation in dialysis. The market is classified into procedure categories: hemodialysis, peritoneal dialysis, and by-product types: equipment, Consumables, and services.

Market Dynamics and Trends
The growing prevalence of chronic kidney diseases, high demand for advanced dialysis solutions, and increasing product launch in-home dialysis are driving the growth of the global dialysis market. In addition, the continuous development of the new products and increasing spending on healthcare are some of the other prominent reasons contributing to the market growth. However, the market might experience slow growth in a few regions due to a lack of proper infrastructure development, limited spending capacity, and poor disease awareness among the patients. Moreover, preference for peritoneal dialysis and increasing adoption of home-based dialysis products are important trends in the global dialysis market that are expected to usher numerous opportunities shortly.

Market Segmentation and Scope of the Study
The Global Dialysis Market is segmented based on type, product and services, end-user, and region. In terms of type, the market is classified into hemodialysis and peritoneal dialysis. The hemodialysis segment dominates the global dialysis market. The global dialysis market segments include equipment, consumables, drugs, and services in terms of products and services. In terms of users, the market is divided into Centre dialysis and home dialysis.

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Geographical Analysis
Geographically, the North American region held a significant market share due to high revenue generation in the United States.
The number of end-stage renal disease patients is significantly higher in the country compared to the other regions of the world, which drives the market's growth. Furthermore, high spending capacity, advanced healthcare infrastructure, and the presence of leading players in the region contribute to the large East largest share of the region in the dialysis market.

However, growing awareness of the disease, increasing new product launches, and improving health care facilities in developing countries such as India, South Korea, and China are poised to propel the dialysis market growth in the Asia-Pacific region. There are 700 dialysis centers with 4000 dialysis machines, predominantly in the private sector and mainly concentrated in cities, especially metros. For example, the union government of India announced a National Dialysis Program that foretells setting an eight-station dialysis installation in all 688 districts of the country to equip hemodialysis to poor patients. Per doctors in India, 60 percent of dialysis patients have a survival rate of 10 years. This marks a tremendous improvement in managing chronic kidney disease patients in India.

Competitive Landscape
The dialysis market comprises various market players, such as Baxter International Inc., Fresenius Kabi, Asahi Kasei Corporation, B.Braun, Mesclun AG, Nipro Corporation, Da Vita, Nikkiso, and others. The Fresenius Kabi, Baxter, and Asahi Kasei Corporation dominate the global dialysis market.

This is attributed to the solid portfolio of these payers in both hemodialysis and peritoneal dialysis segment, high focus on the geographic market expansion, and significantly high trust of physicians in these brands due to the high quality of the products.

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https://www.kenresearch.com/healthcare/medical-devices/global-dialysis-market/337904-91.html

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