Renal Dialysis Market 2018 – Inorganic Growth and Vertical Industry Consolidation Strategies Being Exploited By Leading Market Players Led By Fresenius Helios!

Renal Dialysis Market was valued at USD 17.6 billion in 2016 which is estimated to generate USD 26.6 billion by 2023 at a CAGR of 7.1%. Renal dialysis involves the elimination of toxic substance from the body in case of kidney failure of impairment.

Renal Dialysis Market Dynamics:

The growing prevalence of kidney diseases powered by the growth in risk factors such as diabetes, alcoholism, hypertension and others is the prime driver of the market. Other drivers such as a growing geriatric population are also adding weight to the demand of renal dialysis treatment. For example, India’s proportion of the population older than 60 years of age is expected to increase to 19% by 2050. The U.S. Renal Data System Annual Data Report estimates more than 660,000 population suffers from end stage renal disease with 468,000 being on dialysis. Further the growing number of dialysis facilities and healthcare reimbursements also accounts for the growth of the market. The National Kidney Foundation estimates that there are approximately 6,479 dialysis facilities in the U.S. in 2016. Further the annual Medicare spending for the treatment of kidney failure in U.S. is greater than $31 billion in 2016. Thus presence of a large and sustainable market is easily comprehendible.

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The growing medical tourism with the leverage of healthcare infrastructure by nations such as Poland, Slovakia, Malaysia and others is expected to strengthen the market due to the economies of labor generated in the process.

Renal Dialysis Market Restraints:

The high cost of treatment and complication resulting from the treatment are critical restraints of the market. According to the latest estimates of the U.S. Renal Data System, costs of one year hemodialysis can reach to a maximum of $72,000, while the same for peritoneal dialysis be about $53,000. Thus the prohibitive costs are hampering the market. Scarcity of trained professionals is other constrain hampering the market. The poor healthcare penetration in the underdeveloped regions is a serious constraint compounding the already low per capita income in these regions.

Renal Dialysis Market Segmentation:

To generate an accurate and broad understanding of the differential potential of the market across different segments the report has been divided on basis of types, products, end user and regions.

Types - primary dialysis (hemodialysis, hemofiltration and peritoneal dialysis) and secondary dialysis (hemodiafiltration and intestinal dialysis).

Product - hemodialysis products and peritoneal dialysis products.

End user - hospital care and home care.

Regions - North America, Europe, Asia Pacific and Middle East and Africa.

Regional Analysis:

North America commands the largest market share of the global renal dialysis market. North America is dominated by the U.S. on account of large healthcare expenditure, presence of large hospitals, excellent reimbursement rates and others.

Europe occupies the second place due to developed healthcare infrastructure and large income. Germany leads the European region on account of large and developed medical devices industry followed by France and U.K.

Asia Pacific is the fastest growing market led by Japan followed by China, India and South Korea. Middle East and Africa are expected to generate moderate growth led by the Gulf economies of UAE, Saudi Arabia and others. The Gulf economies are a rich market owing to expansion of healthcare infrastructure and large public expenditure on healthcare.

Dominant Players for Global Renal Dialysis Market:

The prominent players in the market are DaVita Healthcare Partners Inc. B. Braun Melsungen AG, Baxter International Inc., Covidien, Fresenius Medical Care, Medical Care AG & Co., Gambro AB, Nipro diagnostic Inc., Diaverum Deutschland GmbH, Asahi Kasei Corporation, Nikkiso Co. Ltd., NxStage Medical, Inc. and others.

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