Renal Dialysis Market Global Analysis 2023 to 2032 | Industry Demand, Size, Share, Trend, Key Players Review
Renal Dialysis Market Size was valued at USD
99.2 billion in 2022 and is projected to grow from USD 107.63 Billion in 2023
to USD 176.6 billion by 2032, exhibiting a compound annual growth rate (CAGR)
of 8.6% during the forecast period.
Dialysis
has turned into a key growth field as different forms of kidney diseases especially
diabetes has exploded. Diabetes is the seventh leading cause of death. Dialysis
is a means of removing waste products such as creatinine and urea from the
blood owing to inappropriate kidney functioning and generally needed for those
with chronic renal failure. This process is used for purifying the blood,
removing excess toxins and fluid and restoring the electrolyte balance in the
blood.
There are
many factors that can be linked to the growth of renal dialysis market. Some of the market trends and factors in
this market as per an analysis conducted by Market Research Future (MRFR)
include increase in diabetes rate, large patient base of renal dialysis, lack
of donors for kidney transplant, evolution of dialysis technology, overall
growth of the healthcare sector, advances in renal dialysis equipment
procedures and increasing number of patient suffering from hypertension and diabetes. On the flip side, there are a couple of
factors that is likely to restrict the growth of the renal dialysis market such
as high prices related to dialysis, complications post treatment, fall in
Medicare reimbursements, manufacturers having pricing pressure from the
government, product recalls, low awareness regarding kidney disease treatment
modalities and reuse of the hemodialysis consumables.
Major Key Players:
The Renal
Dialysis Market Players are NxStage Medical, Inc. (U.S.),
Asahi Kasei Corporation (Japan), Nikkiso Co. Ltd. (Japan), Covidien (Ireland),
Covidien (Ireland), Diaverum Deutschland GmbH (Germany), Nipro diagnostic Inc.
(US), Nipro diagnostic Inc. (US), Gambro AB (Sweden), Medical Care AG &
Co.,), B.Braun Melsungen AG (Germany), DaVita Healthcare Partners Inc. (US),
Fresenius Medical Care (German) and Baxter International Inc. (US).
Market Segmentation
Market Research Future report provides a comprehensive
segmental analysis of the renal dialysis market on the basis of types, product
and end user.
Based on type, it is segmented into primary and secondary
dialysis. Primary dialysis is further segmented into peritoneal
dialysis, hemofiltration and hemodialysis and secondary dialysis is further
segmented into intestinal dialysis and hemodiafiltration.
Based on product, the renal dialysis market is segmented
into peritoneal dialysis products and hemodialysis products. Of these, the
hemodialysis products grab a higher market share.
Based on end user, it is segmented into home care and
hospital care. Of these, home care has a higher share in the renal dialysis
market.
Regional
Analysis
Based on region, the renal
dialysis market covers growth opportunities and latest trends across North
America, Europe, Asia Pacific and Middle East and Africa. Of these, North
America leads the renal dialysis market due to rising presence of large patient
base having renal diseases in this region. Europe and Asia Pacific have similar
market share but the APAC market is likely to grow relatively higher during the
forecast period. The Middle East and African market possess a minimal share in
the renal dialysis market and is predicted in exhibiting a limited growth
during the forecast period.
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Future
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