Press release
Strong Growth Ahead: Blood Purification Equipment Market Size To Grow At Arecord 9.1% Cagr By 2029
Blood Purification Equipment
How Big Is the Blood Purification Equipment Market Size Expected to Be by 2034?
The market for blood purification equipment has seen robust growth in the past few years. The estimated value is expected to rise from $20.71 billion in 2024 to $21.98 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the growth during the historic period include a rise in renal diseases, an aging population, government initiatives, increased ICU admissions, and escalating chronic conditions.
The market for blood purification equipment is anticipated to significantly expand in the coming years, reaching a market size of $31.15 billion in 2029 with a compound annual growth rate (CAGR) of 9.1%. The forecasted growth can be credited to several factors including home-based dialysis solutions, a focus on cost-efficiency, advancements in renal replacement therapies, individualized treatments, and regulatory backing. Key trends expected during the forecast period encompass tailored medicine strategies, improved connectivity, alliances and partnerships, broadening applications, and multi-modal therapies.
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What Are the Emerging Segments Within the Blood Purification Equipment Market?
The blood purification equipment market covered in this report is segmented -
1) By Product Type: Portable, Stationary
2) By Indication: Sepsis, Renal Diseases, Other Indications
3) By End User: Hospitals And Clinics, Dialysis Centers, Other End Users
Subsegments:
1) By Portable: Handheld Devices, Compact Systems
2) By Stationary: Large-Scale Purification Units, Hospital-Based Systems
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What Long-Term Drivers Are Shaping Blood Purification Equipment Market Trends?
The anticipation of a rise in kidney transplant procedures is set to fuel the expansion of the blood purification equipment market. Essentially, a kidney transplant is a surgical process where a perfectly healthy kidney from a donor is implanted into a patient suffering from either end-stage renal disease (ESRD) or other severe kidney-related conditions. Notably, blood purification equipment plays a significant role in caring for these patients by eliminating surplus medications from their blood, ensuring electrolyte balance, and properly managing fluid levels. For example, data from the National Health Service (NHS), a government department based in the UK points out that there was an 18% rise in deceased organ donors and a 27% boost in organ transplants in 2022/2023 compared to 2021/22. As such, this increment in kidney transplants is steering the growth of the blood purification equipment market.
Who Are the Top Competitors in Key Blood Purification Equipment Market Segments?
Major companies operating in the blood purification equipment market include B. Braun Melsungen AG, Baxter International Inc., Nikkiso Co. Ltd., Spectra Medical Inc., Fresenius SE and Co. KGaA, Cerus Corporation, Infomed SA, Asahi Kasei Corporation, Healthwell Medical Tech. Co. Ltd., SWS Medical Group, ExThera Medical Corporation, Stellarray Inc., Medtronic, Toray Medical Co Ltd., NxStage Medical Inc., Nipro Pharma Corporation., WEGO Group, JMS Co. Ltd., Shanwaishan Medical Group, Cytosorbents Corporation, Aethlon Medical Inc., SWS Hemodialysis Care Co Ltd, Jafron Biomedical Co. Ltd., Medica S.p.A., Medivators Inc., Rockwell Medical Inc., Terumo Corporation, Belco, Spiggle & Theis Medizintechnik, Delcon
What Blood Purification Equipment Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the blood purification equipment industry are pioneering advanced products to meet the escalating demand for blood purification therapy. For example, in June 2022, the therapeutic apheresis firm, Santersus AG, obtained an FDA breakthrough designation for its medical equipment, NucleoCapture. Designed to purify the patient's blood of neutrophil extracellular traps (NETs), a known contributor to sepsis and other health conditions, the NucleoCapture device is a first-of-its-kind, fully operational product. It is engineered to capture and extract circulating NETs from the patient's blood, facilitating a safe removal process of NETs without affecting the protective role of neutrophils.
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Which Regions Are Becoming Hubs for Blood Purification Equipment Market Innovation?
Asia-Pacific was the largest region in the blood purification equipment market in 2024. The regions covered in the blood purification equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Purification Equipment Market?
2. What is the CAGR expected in the Blood Purification Equipment Market?
3. What Are the Key Innovations Transforming the Blood Purification Equipment Industry?
4. Which Region Is Leading the Blood Purification Equipment Market?
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