The global dialysis equipment market is on a trajectory of robust growth, with sales projected to increase from USD 11,126.0 million in 2024 to an impressive USD 17,780.9 million by 2034. This substantial rise represents a compound annual growth rate (CAGR) of 4.8% over the forecast period.
In 2023, the revenue from dialysis equipment reached USD 10,616.4 million, reflecting a solid foundation for the anticipated market expansion. The surge in demand for dialysis equipment is primarily driven by the growing prevalence of end-stage renal disease (ESRD), a major global health concern.
ESRD, which necessitates dialysis for the filtration of contaminants from the kidneys, is increasingly impacting patients worldwide. The primary contributors to the rising incidence of ESRD include chronic diseases such as type 2 diabetes and hypertension. Without effective management and treatment, these conditions can lead to progressive kidney damage, culminating in ESRD.
Additionally, the aging population is a significant factor driving the demand for dialysis equipment. As individuals age, they are more susceptible to reduced renal function and associated complications, further fueling the need for advanced dialysis solutions.
The increasing prevalence of ESRD and the rising number of patients requiring dialysis underscore the critical role of dialysis equipment in maintaining patient health and quality of life. With ongoing advancements in technology and an expanding market, the future of dialysis equipment is set to be both dynamic and pivotal 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.
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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.
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