Dialyzers Market 2024 - Share, Ongoing Trends, Size, Growth Rate And Key Players

The Business Research Company recently released a comprehensive report on the Global Dialyzers Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The dialyzers market size has grown strongly in recent years. It will grow from $3.95 billion in 2023 to $4.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to aging population, improved healthcare infrastructure, rise in research and development, increase in number of dialysis centers.

The dialyzers market size is expected to see strong growth in the next few years. It will grow to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing prevalence of chronic kidney diseases, rising disposable income, rising healthcare expenditure, growing demand for home dialysis treatment. Major trends in the forecast period include wearable dialysis devices, artificial intelligence (ai) integration, remote monitoring, value-based care models, bioengineered dialyzers.

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Market Drivers and Trends:

The increasing incidence of end-stage renal illness is expected to propel the growth of the dialyzer market in the coming future. End-stage renal failure (ESRF), also referred to as end-stage renal disease (ESRD), is the last, irreversible stage of chronic kidney disease in which kidney function has diminished to such an extent that the kidneys can no longer operate on their own. A dialyzer is used in the dialysis procedure to eliminate waste and extra liquid from the bloodstream, then reinject the filtered blood back into the body of end-stage renal disease patients.For instance, in July 2022, according to the Centers for Disease Control and Prevention, a US-based government health agency, nearly 37 million people in the US diagnosed with chronic kidney disease by 2021, or 15 percent of adults, or more than 1 in 7. Furthermore, in February 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, 17,700 Australians died of chronic kidney disease in 2020, which accounted for 11 percent of all deaths. Therefore, the increasing incidence of end-stage renal illness is driving the dialyzer market.

Major companies operating in the dialyzer market focus on developing innovative products, such as hemocompatible dialyzers, to provide reliable patient service. A hemocompatible dialyzer is designed to minimize the activation of the blood's clotting system and the inflammatory response to reduce the risk of complications during dialysis, such as blood clots, bleeding, and infection. For instance, in November 2021, Fresenius Medical Care AG & Co. KGaA, a German-based manufacturer of dialyzers, launched the FX CorAL dialyzer. The FX CorAL employs polysulfone, a unique material with superior filtration and hemocompatibility properties. The dialyzer's fibers have a unique shape that guarantees dialysis fluid washes uniformly around each fiber, enhancing clearance. A lateral blood entry port reduces the kinking of the bloodstream during usage, allowing for more homogeneous circulation and making therapy safer. Furthermore, all FX-class dialyzers are steam-sterilized and ecologically beneficial due to their lightweight construction.

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Major Key Players of the Market:

Merck & Co Inc., Thermo Fisher Scientific Inc., Medtronic plc, Asahi Kasei Medical Co Ltd., Toray Medical Co Ltd., Baxter International Inc., B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Teleflex Incorporated, Nikkiso Co Ltd., Weigao group, Fresenius Medical Care AG & Co KGaA, Allmed Medical Products Co Ltd., NxStage Medical Inc., Cantel Medical Corporation, Medivators Inc., Jiangxi Sanxin Medical Technology Co Ltd., Rockwell Medical Inc., Xenios AG, SWS Hemodialysis Care Co Ltd., Kawasumi Laboratories Incorporated, Geno Technology Inc., Dialife SA, Triton Medical Services Pvt Ltd., Anhui Jinye Industrial Co Ltd., Haidylena, and Farmasol S.A

Dialyzers Market 2024 Key Insights:

• The dialyzers market size is expected to see strong growth in the next few years. It will grow to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%.
• Increasing Incidence Of Renal Illness Drives The Dialyzer Market
• Innovations In Hemocompatible Dialyzers
• North America was the largest region in the dialyzers market in 2023

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