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Dialysis Market [2023-2031] Research - Growth, Trends, Outlook and Future Scope Analysis

11-28-2023 09:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Dialysis Market [2023-2031] Research - Growth, Trends, Outlook

The global dialysis market size was US$ 94,349.60 million in 2021. The global dialysis market is forecast to grow to US$ 142,631.2 million by 2030 by growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

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Dialysis is the medical process of removing waste products like creatinine and urea from the blood and restore the electrolyte balance. It is widely adopted for treating end-stage renal disease and kidney transplants.

Factors Influencing the Market
Obesity, diabetes, and hypertension are some of the chronic diseases that have a strong link to lifestyle choices. According to National Renal Foundation (NKF) reports, diabetes and high blood pressure issues were largely detected in 75% of instances of kidney failure.Apart from that, one of the most significant causes of kidney failure is diabetes. In 2019, 463 million adults worldwide had diabetes, and by 2045, that figure is projected to climb to 700 million, according to the data from International Diabetes Federation (IDF) Diabetes Atlas, Ninth Edition. The growth in diabetes cases is expected to have a favourable impact on the dialysis market during the study period.
Growing healthcare expenditure and rising technological advancements are expected to open doors of opportunity for the market during the study period. On the flip side, concerns related to reimbursement policy in emerging nations may limit the market growth during the forecast period.

COVID-19 Impact Analysis
Dialysis patients were more vulnerable to the COVID-19 disease. As a result, patients avoided visiting dialysis units or healthcare centers until necessary. However, the precautions taken by the units boosted the growth of the global dialysis market.

Regional Analysis
Based on Region, the Asia-Pacific dialysis market is forecast to hold the largest share due to the large population base of the region. In addition, the growing cases of chronic & lifestyle diseases are expected to surge the growth of the dialysis market during the forecast period.
Europe will also record potential growth due to the rising prevalence of ESRD disease. Apart from that, changing demographic trends among the European population and the rising geriatric population will be opportunistic for the dialysis market during the study period. Since elderly people face more danger of losing their normal renal function, the number of kidney patients choosing dialysis is expected to rise, which will benefit the market during the forecast period.

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Competitors in the Market
• Baxter International Inc.
• Fresenius Medical Care AG & Co. KGaA
• Nipro Corporation
• B Braun Melsungen AG
• Nikkiso Co., Ltd.
• Becton, Dickinson, and Company (C. R. Bard, Inc.)
• Angiodynamics Inc.
• Asahi Kasei Corp.
• Davita
• Diaverum GmbH
• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Dialysis industry experienced notable growth in its workforce. Starting in January, employment within the Dialysis sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Dialysis output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Dialysis output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Dialysis market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Dialysis market.

Market Segmentation
The global dialysis market segmentation focuses on Type, Product and Service, End-Users, and Region.
By Type Outlook
• Hemodialysis
o Conventional Hemodialysis
o Short Daily Hemodialysis
o Nocturnal Hemodialysis
• Peritoneal Dialysis
o Continuous Ambulatory Peritoneal Dialysis (CAPD)
o Automated Peritoneal Dialysis (APD)

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By Product and Services Outlook
• Equipment
o Dialysis Machines
o Water Treatment Systems
o Others Dialysis Equipment
• Consumables
o Dialyzers
o Catheters
o Other Dialysis Consumables
• Dialysis Drugs
• Services
By End-Users Outlook
• In-center Dialysis
• Home Dialysis
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Dialysis Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Dialysis Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Dialysis Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Dialysis Market Size (2023-2031)

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

• Assisting businesses in gauging the viability of new or existing products or services.

• Facilitating business enterprises in the identification and cultivation of novel market segments.

• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.

• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:
Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

For more information and to explore their offerings, visit their website at:https://www.reportocean.com/

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