Kidney Dialysis Equipment Market Analysis, Share, Size, Trends, Demand, Market Growth and Industry Forecasts To 2027

Global kidney dialysis equipment market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 5.7%, surpassing a valuation of USD 16.5 billion during the forecast period (2018-2023).

Kidney dialysis can be referred to as an artificial technique of maintaining the chemical balance in the blood during kidney failure. Kidneys help to remove body waste, thereby maintaining the blood pressure of the body and create red blood cells, thus ensuring a proper amount of mineral content. Dialysis is the process where the components of the blood are separated by using a semipermeable membrane.

The kidney dialysis equipment market has witnessed a tectonic surge in the past few years, mainly due to the soaring preferences for dialysis over kidney replacement. Factors such as advancing technology and the ever-increase geriatric population are the primary growth stimulants of the market. Advanced technologies in the medical industry are highly encouraging the market growth across the globe. The surging number of dialysis care centers from major players like Davita and Fresenius Medical Care has made treatment available at a much lower cost. This has created new growth opportunities for the market.

On the contrary, the high cost of dialysis, the dearth of compensation, and complications associated with dialysis are some of the major concerns likely to deter the market growth in the years to come.

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Kidney Dialysis Equipment Market Competitive Dashboard

The top players operating in the kidney dialysis equipment market include Davita Healthcare Partners Inc., Fresenius Medical Care AG & Co. Ka, B. Braun Melsungen AG, Baxter International Inc., Nipro Corporation, Diaverum Deutschland GmbH, Nikkiso Co., Ltd., Nxstage Medical, Inc., Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation). Terumo Corporation, Mar Cor Purification, Inc. (A Cantel Medical Company), Teleflex Incorporated, Rockwell Medical, and Hemoclean CO., LTD.

Global Kidney Dialysis Equipment Market: Segmental Analysis

By type, the market is classified into peritoneal dialysis, hemodialysis, and continuous renal replacement therapy (CRRT). Of these, the hemodialysis segment dominates the market due to surging prevalence of terminal kidney failure among the population.

Based on the apparatus type, the market comprises peritoneal dialysis equipment, hemodialysis equipment, and consumables and continuous renal replacement therapy systems. Of these, the hemodialysis equipment segment is likely to grab the major share mainly due to higher accessibility of HD centers, rising number of community dialysis centers, and improved reimbursement coverage. Also, increased awareness and physician expertise to administer HD, and other related socio-demographic factors are likely to encourage the market growth in the segment.

The end users segment constitutes clinics, hospitals, home care, in-center dialysis settings, and ambulatory services. Of these, the in-center dialysis settings segment acquire the larger share owing to the rising number of dialysis centers worldwide, high availability of healthcare professionals in dialysis centers, and new product launches.

Global Kidney Dialysis Equipment Market– Regional Analysis 

Globally, the North America kidney dialysis equipment market accounts for the largest market share. The market in this region is estimated to grow at a substantial CAGR creating a large revenue pocket by the end of the forecast period. This is due to the increasing development of digital technology in medical devices. The continuously increasing number of patients suffering from kidney failure and renal diseases is one of the major factors driving the market growth in the region.

Moreover, the presence of the leading manufactures of these equipments those who have specialized the dialysis treatment machines by different intercessions, thus solving complications is driving the kidney dialysis equipment market in the region. The increase in healthcare expenditure by Canada has opened a new path in the kidney dialysis equipment market.

Europe is the second-largest market for kidney dialysis equipment which is expected to grow at a significant CAGR. The resurging economy in the region is expected to foster the regional market growth, increasing per capita healthcare expenditures. The financial support provided by private and governments bodies for R&D activities and new improved reimbursement policies in healthcare will fuel the kidney dialysis equipment market in Europe.

Furthermore, closely following the Europe market, Asia Pacific is expected to be the fastest growing market for kidney dialysis equipments. New channels of funding in the healthcare domain, better healthcare infrastructure, the soaring number of dialysis patients and adoption of advanced technologies in the kidney dialysis equipment domain are factors expected to provide an impetus to the market. The APAC kidney dialysis equipment market is expected to showcase a staggering growth throughout the forecast period.

Kidney Dialysis Equipment Industry Updates

September 2019: Almost half a million of the American population is anticipated to live with kidney failure, and the rest continue their dialysis their entire life. Texas hospital is using a new technology that can make treatments comfortable and faster at home. The new device developed has been termed Tablo, and is a portable dialysis machine, designed to work as simple as a smartphone application.

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