Press release
Dialysis Market Size is Projected to Reach US$ 148.8 Billion by 2028
Dialysis Market
Dialysis is a crucial medical procedure used to treat individuals suffering from kidney failure or severe kidney dysfunction. It serves as an artificial replacement for the normal functioning of the kidneys by filtering waste products and excess fluid from the bloodstream. There are two primary types of dialysis: hemodialysis and peritoneal dialysis. Hemodialysis involves the use of a machine to filter the patient's blood, while peritoneal dialysis uses the lining of the abdomen as a filter. Dialysis plays a vital role in maintaining electrolyte and fluid balance in the body, preventing the accumulation of toxins, and managing blood pressure. For individuals with end-stage renal disease (ESRD), dialysis is a life-sustaining treatment either until a kidney transplant becomes available or as a long-term solution.
How Big Is the Dialysis Market?
The global dialysis market size reached US$ 110.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 148.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
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Global Industry Trends and Drivers:
The dialysis market is influenced by various industry trends and drivers that shape its growth and dynamics. One significant trend is the increasing prevalence of end-stage renal disease (ESRD) and chronic kidney disease (CKD) on a global scale. The growing number of patients requiring dialysis fuels the demand for dialysis products, equipment, and services. Technological advancements in dialysis machines and treatment techniques drive market growth. Innovations such as hemodiafiltration, online monitoring systems, and improved dialyzer designs enhance the efficiency and effectiveness of dialysis procedures, leading to improved patient outcomes and comfort. Moreover, the development of portable and home-based dialysis machines provides convenience and flexibility for patients, reducing the need for hospital visits. The aging population is a key driver of the dialysis market, as age is a significant risk factor for kidney diseases. With the elderly population increasing, there is a corresponding rise in demand for dialysis services and products. Additionally, the increasing prevalence of diabetes and hypertension, major causes of kidney disease, contributes to the expansion of the dialysis market. Government initiatives and reimbursement policies play a crucial role in the industry. Many governments provide financial support and reimbursement options for dialysis treatments, ensuring access to care for patients. Furthermore, the focus on improving healthcare infrastructure, particularly in emerging economies, drives the demand for dialysis equipment and services. These trends and drivers collectively contribute to the growth and opportunities within the dialysis market.
Dialysis Market Growth and Opportunity:
The dialysis market is experiencing significant growth and presenting promising opportunities for providers. Several factors contribute to this growth. Firstly, the increasing prevalence of chronic kidney diseases (CKD) and end-stage renal disease (ESRD) drives the demand for dialysis treatment. The rising incidence of conditions such as diabetes and hypertension, which are leading causes of kidney diseases, contributes to the growing patient population requiring dialysis services. Secondly, technological advancements in dialysis equipment and procedures fuel market growth. Innovations in hemodialysis machines, peritoneal dialysis systems, and dialysis catheters improve treatment efficacy, enhance patient comfort, and simplify the dialysis process. Providers that invest in advanced technologies can gain a competitive edge and meet the evolving needs of patients and healthcare professionals.
Furthermore, the aging population is a significant driver of the dialysis market. The elderly are more susceptible to kidney diseases, and as the global population continues to age, the demand for dialysis services is expected to rise. The increasing life expectancy and improvements in healthcare access in emerging markets also contribute to the growing patient pool.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Type:
Hemodialysis
Conventional Hemodialysis
Short Daily Hemodialysis
Nocturnal Hemodialysis
Peritoneal Dialysis
Continuous Ambulatory Peritoneal Dialysis (CAPD)
Automated Peritoneal Dialysis (APD)
Breakup by Product and Services:
Services
Equipment
Dialysis Machines
Water Treatment Systems
Others
Consumables
Dialyzers
Catheters
Others
Dialysis Drugs
Breakup by End User:
In-center Dialysis
Home Dialysis
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, DaVita Inc., Fresenius Medical Care AG & Co. KGaA, JMS Co. Ltd., Medtronic plc, Nikkiso Co. Ltd., NIPRO Corporation, Satellite Healthcare Inc. and Toray Industries Inc.
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Contact us:
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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