Dialysis Equipment Market Driven by Rising Kidney Disease and Aging Population (Reaching $26.3 Billion by 2030

Dialysis Equipment Market worth $ 26.30 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Dialysis Equipment Market- by Products (Standard Dialysis Equipment, Portable Device and Wearable Devices), Dialysis Types (Hemodialysis and Peritoneal Dialysis), End-Users (Dialysis Centers, Home Care Settings, Hospitals and Research Laboratories), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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Global Dialysis Equipment Market Driven by Rising Kidney Disease
InsightAce Analytic's latest research predicts a steady rise in the global dialysis equipment market. The market, valued at US$16.61 billion in 2021, is expected to reach US$26.30 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.54% from 2024 to 2031.

Dialysis is a life-saving treatment for individuals with impaired kidney function. It removes waste products and excess fluids from the blood, essentially acting as an artificial kidney. Dialysis equipment encompasses the machines and tools used in this vital healthcare procedure.

Factors Fueling Market Growth
The global demand for dialysis equipment is increasing due to several key drivers:

• Rising prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD): As the global population ages, the incidence of CKD and ESRD is expected to rise significantly, propelling the need for dialysis equipment.

• Growing geriatric population: An aging population worldwide translates to a higher number of individuals susceptible to kidney problems, further driving market growth.

• Increased healthcare spending on kidney disease: Many governments and healthcare organizations are allocating more resources to treat ESRD and CKD, contributing to the market's expansion.

• Technological advancements: Investment in research and development is leading to the creation of more efficient and user-friendly dialysis equipment.

Challenges and the Road Ahead
While innovation is a key driver of the market, it can also present a challenge. The increasing complexity of dialysis equipment can make it difficult for both patients and medical professionals to operate. To overcome this hurdle, the market needs user-friendly technologies and comprehensive training programs.

Overall, the global dialysis equipment market is poised for significant growth in the coming years, fueled by the rising burden of kidney disease, an aging population, and continuous advancements in medical technology. Addressing the challenge of user-friendliness will be crucial for sustained market expansion.

North America is anticipated to be the major contributor to the Dialysis Equipment market over the forecast years. Obesity, increased blood pressure, diabetes, and other conditions linked to renal disease will drive the growth of the market in this region. The expansion is also a result of the region's expanding healthcare infrastructure and high healthcare spending. In these nations,

the geriatric population has been growing, which will further fuel the global market. Furthermore, the Asia Pacific dialysis equipment market is predicted to expand significantly throughout the forecast period. Because of the increased occurrence of renal failure in this area, The patient pool is constantly growing and dealing with kidney problems, and modern technology will be added. The rapid adoption of technology and the advancement of medical equipment will result in an increase in the number of community dialysis centres in China.
Major market players operating in the Dialysis Equipment market include
Teleflex Incorporated, Hemoclean CO. LTD,

Terumo Corporation, Rockwell Medical, Nanodialysis BV, Nxstage Medical Inc., Mar Cor Purification Inc. (A Cantel Medical Company), Quanta Dialysis Technologies Ltd, Nikkiso Co. Ltd., Asahi Kasei Medical Co. Ltd. (A Subsidiary of Asahi Kasei Corporation), Baxter International Inc., Nipro Corporation, B. Braun Melsungen AG, Diaverum Deutschland GmbH, AWAK Technologies, Fresenius Medical Care AG & Co. Ka., Rockwell Medical, HEMOCLEAN CO., LTD., Davita Healthcare Partners Inc., and other prominent players.

Recent collaborations and agreements in the market:
• In July 2022, Terumo Blood and Cell Technologies (Terumo) and Eliaz Therapeutics Inc. (ETI) have established an exclusive agreement to tackle AKI and sepsis-induced AKI (S-AKI) by the selective elimination of an upstream inflammatory protein called Gal-3 from blood plasma. Acute kidney injury (AKI) and sepsis-induced acute kidney injury (S-AKI) are life-threatening illnesses; many patients die and others are left with long-term renal impairment, necessitating lifelong dialysis and leading to premature death.

• In March 2021, Baxter International Inc received FDA approval for its next-generation Artificial Kidney 98 (AK98) dialysis apparatus, which is designed to be a portable and easy-to-use system for giving hemodialysis (HD) treatments. It enables the system to acquire medications automatically from the EMR for simpler workflows and data management by providing secure, two-way connectivity.

• In November 2019, Fresenius Medical Care introduced the 4008A dialysis equipment, which includes the company's high therapeutic standards while lowering healthcare system expenses.

• In January 2019, Baxter International Inc. received FDA permission for its clinical trial on an on-demand peritoneal dialysis solution generating system. The new system provides a good foundation for patients to undertake peritoneal dialysis at home.

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Market Segments

Global Dialysis Equipment Market, by Products, 2022-2030 (Value US$ Mn)
• Standard Dialysis Equipment
• Portable Device
• Wearable Devices

Global Dialysis Equipment Market, by Dialysis Types, 2022-2030 (Value US$ Mn)
• Hemodialysis
• Peritoneal Dialysis

Global Dialysis Equipment Market, by End-Users, 2022-2030 (Value US$ Mn)
• Dialysis Centers
• Home Care Settings
• Hospitals
• Research Laboratorie

Global Dialysis Equipment Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Dialysis Equipment Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Dialysis Equipment Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Dialysis Equipment Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Dialysis Equipment Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Dialysis Equipment Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Dialysis Equipment market
 To receive an industry overview and future trends of the Dialysis Equipment market
 To analyze the Dialysis Equipment market drivers and challenges
 To get information on the Dialysis Equipment market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Dialysis Equipment market industry

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