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10-Oct-2024

Global Dialysis Equipment Market Projected to reach a value of USD 17,780.9 million by 2034

The global dialysis equipment market is poised for significant growth, with sales expected to surge from USD 11,126.0 million in 2024 to an impressive USD 17,780.9 million by 2034. This trajectory represents a compound annual growth rate (CAGR) of 4.8% over the forecast period, indicating a robust demand for innovative dialysis solutions.

In 2023, revenue from dialysis equipment reached USD 10.6 billion, laying a strong foundation for anticipated market expansion. The surge in demand is primarily driven by the increasing prevalence of end-stage renal disease (ESRD), a critical global health issue affecting millions.

ESRD, which requires dialysis to filter contaminants from the kidneys, is increasingly impacting patients worldwide. The rise in ESRD cases can be attributed to chronic conditions such as type 2 diabetes and hypertension. If left unmanaged, these chronic diseases can lead to progressive kidney damage, ultimately resulting in ESRD.

Additionally, the aging population is a major factor fueling the demand for dialysis equipment. As individuals age, their renal function often declines, leading to a greater need for advanced dialysis solutions to manage associated complications.

The growing prevalence of ESRD and the increasing number of patients requiring dialysis highlight the essential role of dialysis equipment in maintaining health and improving the quality of life for patients. With ongoing technological advancements and an expanding market, the future of dialysis equipment is set to play a pivotal role in addressing global renal health challenges.

Key Takeaways

  • The global sales of dialysis equipment are projected to grow at a CAGR of 4.8% from 2024 to 2034, reaching a value of USD 17,780.9 million by 2034.
  • Regional Market Trends:
    • The US market is expected to grow at a CAGR of 1.5% during the forecast period.
    • Germany holds a significant share of the market.
    • China’s market is anticipated to grow at a CAGR of 4.3% overall, with a faster growth rate of 6.6% projected from 2024 to 2034.

Discover the Rising Demand for Dialysis Equipment: Dive into Our Full Report for Detailed Trends and Insights!

Competitive Landscape:

Substantial investments are being directed towards research and development in the dialysis equipment industry to drive innovation, enhance product differentiation with advanced features, and improve patient outcomes. Companies in this sector are also focusing on forming strategic partnerships to strengthen their product portfolios and expand their global market presence.

Recent Industry Developments in the Dialysis Equipment Market:

  • May 2024: Asahi Kasei acquired Calliditas Therapeutics AB to accelerate its growth as a global healthcare leader.
  • July 2023: Baxter International Inc., a leading medtech company, announced the creation of a new entity named Vantive, which will focus on its Renal Care and Acute Therapies businesses. This development is set to position Vantive as a specialized company dedicated to therapies for kidney disease and other vital organ support.
  • November 2021: B. Braun Avitum AG, a key player in extracorporeal blood treatment systems, acquired Nephtec GmbH. This acquisition has enhanced B. Braun Avitum’s product portfolio in the central preparation of dialysis concentrates.

Key Players of Dialysis Equipment Market:

  • Baxter
  • Asahi Kasei Corporation
  • Fresenius Medical Care AG & Co. KGaA
  • Cantel Medical
  • Rockwell Medical
  • JMS Co.Ltd.
  • Teleflex Incorporated
  • B. Braun Melsungen AG
  • NIPRO
  • HEMOCLEAN CO., LTD.
  • Quanta
  • Outset Medical, Inc.

Key Segments of Dialysis Equipment Market:

By Product:

In terms of product, the industry is divided into haemodialysis devices (haemodialysis machines, dialyzers and filters, vascular access devices), peritoneal dialysis devices (dialyzers and filters, vascular access devices) and continuous renal replacement therapy.

By Disease Condition:

In terms of disease condition, the industry is segregated into chronic and acute.

By End Use:

In terms of end use, the industry is segregated into hospitals, clinics, ambulatory surgical centres and home care settings.

By Region:

Key countries of North America, Latin America, Western Europe, Eastern, South Asia and Pacific, East Asia and Middle East and Africa (MEA) have been covered in the report.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 10-Oct-2024