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Dialysis Devices And Equipment Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
The dialysis devices and equipment market size has grown strongly in recent years. It will grow from $4.93 billion in 2023 to $5.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to rise in healthcare expenditure and rapid growth in elderly population.The dialysis devices and equipment market size is expected to see strong growth in the next few years. It will grow to $6.35 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing prevalence of chronic diseases, technological advancements and increasing home therapies. Major trends in the forecast period include focusing on developing peritoneal dialysis devices, expanding the product portfolio for homecare settings and focusing in acquisitions and mergers to expand the business.
Market Overview -
Dialysis devices and equipment are used to filter a patient's blood by removing waste products such as urea, creatinine, and excess water when kidneys fail or are damaged, dysfunctional, or missing.
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The Surging Demand For Dialysis Devices And Equipment In Response To Growing Kidney Disease Prevalence
The increasing prevalence of kidney failure is driving the market for dialysis devices and equipment. The main purpose of dialysis devices and equipment is to artificially filter the blood to get rid of any toxins in the blood and to prevent such waste products from reaching hazardous levels. Chronic kidney disease (CKD) is a condition in which the kidneys are damaged and cannot filter the blood. According to the National kidney Foundation, in 2021, kidney disease affects 37 million people in the US and 90% of the patients are unaware about it. 2 in 5 adults who had serious kidney disease didn't know that they had it.
Competitive Landscape -
Major companies operating in the dialysis devices and equipment market report are Fresenius Medical Care AG & Co. KGaA, Baxter International, Nipro Corporation, B. Braun Medical Inc., Medtronic plc., Nikkiso Co., Ltd., Asahi Kasei Corporation, Toray Medical Co. Ltd., JMS Co. Ltd., Kawasumi Laboratories Inc., Shenzhen Landwind Industry Co., Ltd., Shanwaishan Medical Group, ARI Technology Group Co., Ltd., Bain Medical Equipment Co., Ltd., Jiangsu Lengthen Life Science and Technology Co., Ltd., DaVita Inc., Renalyx, Terumo Corporation, Medikit co., ltd., Otsuka Medical Devices Co., Ltd, Olympus Medical Systems Corporation, Canon Medical Systems Corporation, Hitachi Group, Nihon Koden Corporation, Sanko Manufacturing Co.,Ltd, Fukuda Denshi, Metran Co., Ltd., C.R. Bard, Inc., Medivators, Teleflex, NxStage, Outset Medical, AmeriWater, Myron L Company, Mar-Cor Purification, CMA Microdialysis, 3M
Nipro Medical's Surdial Dx Hemodialysis System Revolutionizing Patient Care
Major companies operating in the dialysis devices and equipment market are developing innovative products such as the SURDIAL DX Hemodialysis System to better serve patients. The SURDIAL DX Hemodialysis System is a state-of-the-art hemodialysis system designed to create an optimal dialysis treatment experience for patients and clinicians. For instance, in March 2022, Nipro Medical Corporation, a Japan-based Medical Equipment Manufacturing, launched The SURDIAL DX Hemodialysis System. The system features automated processes and step-by-step guidance to help minimize human error, as well as exceptional reliability and service. The launch of this system may help improve access to care for patients with kidney failure who require dialysis treatment.
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Key Segments -
The dialysis devices and equipment market covered in this report is segmented -
1) By Product: Hemodialysis Devices, Peritoneal Dialysis Devices, Continuous Renal Replacement Therapy (CRRT) Systems, Consumables
2) By Application: Serum And Blood Treatment, Virus Purification, Drug Binding Studies
3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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