Press release
Projected Surge in Dialysis Devices And Equipment Market - Reaching $14.03 Billion in 2025 With a Noted 5.7% CAGR
Rising healthcare expenditure and an aging population fuels the dialysis devices and equipment market growth, with business expansions through mergers and acquisitions marking the significant trends.What Is The Projected Market Size Of The Global Dialysis Devices And Equipment Market And Its Growth Rate?
The global dialysis devices and equipment market experiences robust growth:
- 2024 Market Size: $13.27 billion
- 2025 Market Size: $14.03 billion (5.7% CAGR)
- 2029 Market Size: $17.35 billion (5.4% CAGR)
The increase in ageing population and healthcare expenditure contributes to this growth. The forecasted period also sees trends such as development of peritoneal dialysis devices and expansion of product portfolio for homecare settings.
What Is Driving The Growth In The Dialysis Devices And Equipment Market?
The dialysis devices and equipment market growth is largely driven by the rising prevalence of chronic kidney disease (CKD). Dialysis devices artificially filter blood owing to the failing function of kidneys, which are unable to remove toxins from the body. CKD, characterized by damaged kidneys, is prevalent among 2% adults aged 35 and older, peaking at 5% among those aged 75 and over, according to England's National Health Service.
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Who Are the Key Players Driving Dialysis Devices And Equipment Market Growth?
The dialysis devices and equipment market features significant companies such as:
- 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.
What Are The Key Trends In The Dialysis Devices And Equipment Market?
Key trends in the dialysis devices and equipment market include:
- Focusing on developing peritoneal dialysis devices
- Expanding the product portfolio for homecare settings
- Focusing on acquisitions and mergers to expand the business
What Are The Segments Of The Global Dialysis Devices And Equipment Market?
The global dialysis devices and equipment market is segmented into:
- Product: Hemodialysis Devices, Peritoneal Dialysis Devices, Continuous Renal Replacement Therapy (CRRT) Systems, Consumables
- Application: Serum and Blood Treatment, Virus Purification, Drug Binding Studies
- End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings
Which Region Leads The Dialysis Devices And Equipment Market?
Asia-Pacific dominated the global dialysis devices and equipment market in 2024, closely followed by North America. The other regions covered in the market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
https://www.thebusinessresearchcompany.com/report/dialysis-devices-and-equipment-global-market-report
What Is Covered In The Dialysis Devices And Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Dialysis Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various sub-segments within the Dialysis Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Dialysis Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dialysis Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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