Home Dialysis Systems Market Size worth $45.81 Billion by 2032 at a CAGR of 19.27% | FMI

The global home dialysis systems market size is strengthening its hold on the global market at a promising CAGR of 10.1% between 2022 and 2032. The market is set to reach USD 45.81 Billion by 2032, while it holds a market value of USD 19.27 Billion in 2022.

“Growing number of diabetic and hypertension patients, increasing geriatric population coupled with government initiatives investing huge amounts of capital to the development of new products are fueling the sales of the home dialysis system.”

Global study on home dialysis systems has explained that the rising geriatric population is leading to an increasing number of people with kidney diseases along with end-stage renal disease (ESRD), where the procedure of dialysis comes into play. Dialysis helps in kidney transplantation while increasing the sales of home dialysis systems in new marketplaces. The government increasing health expenditure has also affected manufacturing.

Expanding home dialysis systems market size is attributed to the increasing disposable income, healthcare expenditure, and growing chronic diseases fueling the demand for home dialysis systems. The rising traffic in hospitals and patients preferring home care is pushing the end users to adopt these home dialysis systems. This increases the demand for home dialysis systems.

The rising concern around the risks associated with transplants coupled with a shortage of organ donors are adding to the traction, new innovative healthcare companies are making new and advanced home dialysis systems that cover most of the transplant processes. This fuels the demand for home dialysis systems.

What are the Major Driving Factors for the Home dialysis systems Market?

“Covid-19 and its spread have fueled the growth for the home dialysis systems as the hospitals and healthcare were indulged with the high frequency of covid-19 patients while fueling the sales of home dialysis systems.”

As the covid-19 has triggered the need for home dialysis systems as there was a huge number of patients with failing body organs. The frequently expanding healthcare market is also attributed to the growth of home dialysis systems. According to the home dialysis systems market survey, the clinical treatment centers, chronic diseases, and hospitals consume the most of the home dialysis systems market. With the advent of the COVID-19 outbreak, home hemodialysis has gotten a lot of traction since it allows patients to do their dialysis at home in a home environment.

According to Physidia, COVID contamination is 50% lower in-home dialysis patients than in in-center facilities, and numerous countries have implemented incentives to encourage more people to use home hemodialysis. This pushes the sales of home dialysis systems.

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What are the Possible Limitations for the Home dialysis systems Market Future Trends?

“The high cost associated to the home dialysis systems, manufacturing halt due to lockdowns and logistics ban along with end users preferring healthcare units over these systems are hampering the demand for home dialysis systems.”

The growth outlook of home dialysis systems has been hindered through the course of the pandemic, high capital investments, and transplant alternatives. With the growing demand for home dialysis systems, the growing capital crunch in organizations and individuals is also one reality. This leads to the lower adoption of these systems in the end user’s household.

Another factor that slows down the sales of home dialysis systems is the lower production cycle, especially during the pandemic, and its implications such as lockdowns and logistics bans have affected the availability of raw parts and technology in order to complete production, restricting the demand for home dialysis systems globally.

Comparative View of Adjacent Home Dialysis Systems Market
Home Dialysis systems Market:

Attributes

Home Dialysis systems Market

CAGR (2022 to 2032)

10.1%

Market Value (2022)

US$ 19.27 Billion

Growth Factor

A higher number of chronic diseases like kidney failure or end-stage renal disease are pushing the end user to adapt to home dialysis systems and expand its market size.

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Future Opportunities

Latest technology like artificial intelligence and other healthcare automation tools along with easy-to-install procedures are creating multiple growth opportunities for the home dialysis market.

Market Trends

The spread of coronavirus and halt of emergency services have pushed end users suffering from a condition or transplant to adopt the home dialysis market.

Growth Factor

Rising cases of type one and type two diabetes along with the geriatric population and its lifestyle giving birth to two multiple diseases are pushing the demand of blood glucose meter.

Future Opportunities

Innovative ideas and their experiment with health tracking device and vital monitoring tools is creating new future prospects for the blood glucose meter market. et.

Market Trends

The blood glucose meter market is dynamic as diagnostics kit keeps on changing the formulas and set up new trends for the market.

Homecare Oxygen Concentrators Market:

Attributes

Homecare Oxygen Concentrators Market

CAGR (2022 to 2032)

7.1%

Market Value (2022)

US$ 1.39 Billion

Growth Factor

The growing demand for homecare oxygen concentrators has been rising since the advent of coronavirus and its post implications like chest infection and bronchitis.

Future Opportunities

The higher adoption rates of these concentrators have led to the experiments and research and developments around the concentrator that enhances its intensity and provides relief to the patient, creating opportunities for the market.

Market Trends

The government and its high investments in oxygen production have helped the market gain traction. Especially after the second wave of covid-19 spread, the government has invested almost double what it used to invest in the oxygen market. t.

The home dialysis systems market report states that patients in critical conditions tend to benefit from these technological advancements and improve their health conditions during an organ transplant. Different dialysis works on different fronts and with specific transplants and stages. These systems are generally used in healthcare units and hospitals. Home dialysis systems come with less hassle and come with easy installation process so that the patient can be cured at home with the utmost care.

The demand for home dialysis systems is in increasing with the geriatric population and the declining average age of patients going through dialysis. In the research at FMI, as per the centers for disease control and prevention (CDC), end-stage renal disease (EKSD) has penetrated in the US at large, affecting more than 785000 of its citizens, requiring dialysis.

Category-wise Insights for Home dialysis systems Market

Which Product Type of Home dialysis systems is Most Preferred in the Global Market?

According to the home dialysis systems market analysis, the market is categorized into product, type, and treatment. The product category is distributed into Devices, consumables, and Services. The leading segment in the product category is service as it is easily installed and applicable for patients along with its best applications in emergency conditions, holding 55.44% of the market share.

Higher growth opportunities for this segment are attributed to its prevalent use during the covid-19 and post covid implications. Though consumables segment thrives at the highest CAGR and is likely to cross the market space of services segment by the end of the forecast period in the global market share, flourishing the demand for Home dialysis systems.

What is the Major Treatment Type of the Global Home dialysis systems Market?

Emerging trends in the home dialysis systems market show that the chronic kidney disease segment is the leading treatment category. The other segment of the treatment category is Acute Kidney Disease.

The chronic kidney disease segment holds 80.22% of the global revenue. The factors contributing to the growth of this segment are rising kidney issues, high blood pressure, and multiple pre-existing illnesses. Other diseases like obesity and diabetes also have their implications, and chronic kidney disease is one of the most common conditions. This increases the sales of home dialysis systems.

Regional Analysis

What is the Growth Outlook for the North American Home Dialysis Systems Market?

North America is anticipated to hold 38.40% of the global share in the home dialysis systems market by the end of 2032.

The rising home dialysis systems market in the North American region is owed to the highest geriatric population, youth suffering from chronic diseases like diabetes and blood pressure. These conditions are born because of lifestyle irregularities. This region has fueled the market as the number of patients suffering from kidney (Remal) based disease are the high and high impact of covid-19 has led a lot of patients to adopt the home dialysis units because of the post covid implications, fueling the demand for home dialysis systems in new regions. Higher investments through government programs have also fueled the sales of home dialysis systems.

How is the Performance of Asia Pacific Home Dialysis Systems Market?

The Asia Pacific region is anticipated to grow in the home dialysis systems market with the highest CAGR as the cases of failing kidney is rising in the region. This happens because of the lower quality of drinking water and unhygienic food.

Government initiatives, increasing healthcare spending, rising awareness campaigns regarding CKD, technologically enhanced products, and the presence of newly-established state-of-the-art healthcare facilities in the region are a few other factors contributing to market growth, fueling the demand for home dialysis systems.

How is the Start-up Ecosystem in the Home dialysis systems Market?

The home dialysis system market size expands and its credit goes to the rising chronic and respiratory diseases. The start-up system vendors are trying to provide the best dialysis solutions with innovative technology and modern-age tools. Especially after the covid-19, startups that deal with home healthcare relief systems have increased, fueling the sales of home dialysis systems.

Competitive Landscape for the Home dialysis systems Market

The home dialysis systems market has various key competitors that focus on expanding their supply chain while expanding the sales channel. The key competitors understand and focus on making the devices and services easy to access and operate while making them cost friendly for the end users. This makes the competitive landscape more dynamic and versatile, owing to the expansion of home dialysis systems market.

The key competitors flourishing to the growth of home dialysis systems are B Fresenius Medical Care, Cantel Medical., Baxter International Inc., Europlaz Technologies Ltd., Quanta Dialysis Technologies, Outset Medical, AWAK Technologies and DaVita.

Recent Developments in Global Home dialysis systems Market

• B Fresenius Medical Care has introduced its Peritoneal Dialysis under its home therapies section that provides virtual reality training, fluids for PD, CAPD, and PD support and monitoring. This accelerates the sales of home dialysis systems in new regions.
• Launched in 1960s, Baxter International Inc has restored its Peritoneal Dialysis for End-Stage Renal Disease with remote patient management and RPM technology enabling automated PD. This fuels the demand for home dialysis system globally.

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Global Home dialysis systems Market Key Players

• B Fresenius Medical Care
• Cantel Medical.
• Quanta Dialysis Technologies
• Outset Medical
• AWAK Technologies
• DaVita.
• Baxter International Inc.
• Europlaz Technologies Ltd

Home dialysis systems Market by Segmentation

By Type:

• Hemodialysis
  • Conventional
  • Short Daily Hemodialysis
  • Nocturnal Hemodialysis
• Peritoneal Dialysis
  • Continuous Ambulatory Peritoneal Dialysis (CAPD)
  • Ambulatory Peritoneal Dialysis (APD)

By Product Outlook:

• Device
  • Machine
  • Dialyzers
  • Water Treatment System
  • Others
• Consumables
  • Bloodlines
  • Concentrates
  • Catheters
  • Others
• Service

By Treatment Outlook:

• Acute Kidney Disease
• Chronic Kidney Disease

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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