Dialysis Market - By Type (Hemodialysis, Peritoneal Dialysis), By Product & Service (Equipment, Consumables, Services), By End-use (In-center Dialysis, Home Dialysis), & Global Forecast, 2023-2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationDialysis Market Size
Dialysis Market size was worth over USD 95 billion in 2022 and is projected to witness substantial growth at a robust pace of more than 5% CAGR through 2032 driven by the expanding patient pool of end-stage renal diseases (ESRD).
According to the National Center for Biotechnology Information, chronic kidney disease is a degenerative disorder that affects more than 10% of the global population, or over 800 million people. The rising incidence of these illnesses is mainly driven by the rising prevalence of obesity, hypertension, diabetes mellitus, and the growing geriatric population, which is projected to propel the market progress. Furthermore, the surge in the frequency and mortality associated with chronic renal disease is one of the important characteristics that is anticipated to be beneficial to the market.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Dialysis Market Size in 2022 | USD 95. Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 5% |
| 2032 Value Projection | USD 153 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 495 |
| Segments covered | Type, Product & Service, End-use, and Region |
| Growth Drivers | |
| Pitfalls & Challenges |
Complicated treatment procedures to slow down industry landscape
Significant documented consequences of undergoing dialysis include dysrhythmia precipitation, arterial puncture, venous thrombosis, pneumothorax, catheter malposition, and catheter-associated infection. Moreover, some central venous catheters (CVCs) are associated with high morbidity, mortality, and cost. Acute mechanical problems related to hemodialysis catheter insertion, such as vascular damage or hematoma, are prevalent, accounting for around 5% of catheter insertions. In the foreseeable future, such problems and morbidities connected with the use of dialysis products may hamper the adoption of dialysis therapies. Nonetheless, continued R&D activities to enhance dialysis products and methods are likely to assist manufacturers in overcoming this restraint.
Dialysis Market Analysis
The hemodialysis market is growing because more and more people are getting end-stage renal disease (ESRD), which is when your kidneys stop working properly. In the United States alone, over 786,000 people have ESRD. To help these patients, hospitals are focusing on making hemodialysis more available. For example, a new hospital in Malaysia recently opened a hemodialysis center so that patients can get treatment closer to home.
Over three-quarters of the dialysis market belonged to services in 2022. As kidney diseases rise, this segment is predicted to explode in growth by 2032. More people are now suffering from kidney failure and need dialysis or transplants as a result. Companies in the industry are seizing the chance to develop innovative dialysis treatments and technologies for severe kidney issues. For example, SEHA Kidney Care, a division of the United Arab Emirates' top healthcare provider, opened an overnight dialysis clinic in March 2022 to serve the various demands of the population. These initiatives are anticipated to boost the sector's growth.
In terms of end-use, the dialysis market by the home dialysis segment generated over USD 28 billion in 2022, owing to the COVID-19 pandemic, which has increased the preference for home dialysis. Home dialysis procedure provides greater patient autonomy, financial benefits, and treatment-related flexibility, and is associated with improved quality of life and survival. Furthermore, to alleviate the strain on dialysis facilities and provide a more sustainable dialysis care delivery system, governments, and healthcare institutions in densely populated underdeveloped regions are promoting home-based dialysis, which is likely to augment segment revenues.
Imagine a world where people's kidneys struggle to do their job, leading to chronic kidney disease and even end-stage renal disease. This, sadly, is a growing problem, especially in North America. That's why the market for dialysis, a treatment that helps clean the blood when kidneys can't, is expected to grow to a whopping $65.5 billion by 2032. Why the surge? One big reason is that more and more people are being diagnosed with kidney diseases. In the U.S. alone, over 1 in 7 adults has it. Another factor driving the growth is that more and more insurance companies and government programs are helping cover the costs of dialysis. For example, Medicare and Medicaid have a special program that pays for dialysis treatments. This makes it more affordable for people who need it, helping the businesses that provide dialysis services grow and expand.
Dialysis Market Share
Some of the major companies operating in the dialysis market are
- Medtronic Plc
- AngioDynamics, Inc.
- Baxter International Inc.
- JMS Co Ltd
- Becton
- Dickinson and Company
- Teleflex Incorporated
- Nipro Medical Corporation
- DaVita Inc.
- Dialife SA
- Toray Industries Inc.
To increase their market share, these businesses frequently engage in partnerships, acquisitions, and service portfolio expansions. For instance, in March 2022, B. Braun, a German medical & pharmaceutical device company, acquired Intermedt Medizin & Technik GmbH, a specialist in the preparation of dialysis concentrates. This enabled B. Braun to enhance its R&D capabilities for the advancement of hemodialysis in a simple, flexible, and environment-friendly way, fortifying its foothold in the sector.
Impact of COVID-19 Pandemic
The COVID-19 pandemic affected virtually all industries and led to significant financial hardship for healthcare services by increasing healthcare expenses. The implementation of social distancing norms and the revision of standard operating protocols hampered the daily operations of several healthcare services, such as dialysis processes. Many healthcare facilities suspended or rescheduled routine care and only provided emergency care. However, urgent dialysis procedures were carried out in medical facilities, despite the coronavirus crisis. As the number of COVID-19 cases decreased in several countries, healthcare facilities resumed providing healthcare services, gradually stabilizing the procedural volume to pre-pandemic levels, which is positively influencing the market scenario.
The dialysis market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD from 2018 to 2032, for the following segments
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By Type
- Hemodialysis
- Peritoneal Dialysis
By Product and Services
- Equipment
- Dialysis Machines
- Water Treatment Systems
- Others
- Consumables
- Dialyzers
- Catheters
- Access Products
- Concentrates
- Others
- Services
- Acute dialysis
- Chronic dialysis
By End-use
- In-center Dialysis
- Home Dialysis
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Poland
- Sweden
- The Netherlands
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Philippines
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- Peru
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Israel
- Turkey
- Egypt
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