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Dialysis Equipment Market Report Latest Trends and Future Opportunities Analysis
According to the latest research by InsightAce Analytic, the global Dialysis Equipment market is valued at US$ 16.61 Billion in 2021, and it is expected to reach US$ 26.30 Billion by 2030, with a CAGR of 5.54% during a forecast period of 2022-2030.
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Dialysis is a procedure that helps persons with chronic renal failure who have impaired kidney function remove waste products from their blood, such as urea and creatinine. The term "dialysis equipment" refers to the devices that are used to filter a patient's blood when they have kidney disease, malfunction, or failure, as well as to remove extra waste or contaminants from the kidneys. One may imagine the dialysis apparatus itself as an artificial kidney.
The global market for dialysis equipment is expanding as a result of the rising demand for dialysis equipment in hospitals, clinics, and dialysis facilities around the world. The rising prevalence of dialysis patients, adoption of updated dialysis technologies, loss of appetite leading to weight loss, adoption of a sedentary lifestyle, heart failure, increased acidosis, and the growing number of patients with end-stage renal disease (ESRD) are all driving the dialysis equipment market significantly. The exponentially growing frequency of end-stage renal illness and chronic kidney disease is expected to drive growth in dialysis equipment during the forecast period. Globally, the elderly population is growing, which is fueling the development of the worldwide dialysis equipment market. Several firms have expanded their share of medical spending to treat chronic renal disease and end-stage kidney disease. During the forecast period, it is projected to contribute to an increase in the worldwide dialysis equipment market's sales. Due to considerable investments in product R&D, the worldwide dialysis equipment market is likely to rise rapidly in the future years. However, the continual innovation in the dialysis equipment market pushes innovation and develops intricate systems that physicians and patients alike find challenging to adjust. It is the market's major impediment and can only be addressed through educational instruction and the introduction of more accessible technologies.
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.
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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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