Global Dialysis Equipment Market Outlook, 2028

Global Dialysis Equipment Market Outlook, 2028

The dialysis equipment industry plays a critical role in the healthcare sector, providing life-saving solutions for individuals suffering from kidney failure. As the prevalence of chronic kidney disease (CKD) continues to raise globally, the demand for advanced and efficient dialysis equipment is also on the ascent. The materials used in dialysis equipment have seen continuous improvement to enhance biocompatibility and reduce the risk of complications. Innovations in membrane technology, such as high-flux membranes and biocompatible materials, contribute to better removal of toxins during dialysis, ultimately improving patient outcomes. These advancements also address concerns related to inflammation and long-term complications associated with traditional dialysis materials. Dialysis equipment refers to machines that filter a patient's blood in situations such as kidney damage, kidney failure, and kidney dysfunction, as well as to eliminate excess waste products or contaminants from the kidneys. Dialysis equipment includes dialyzers and dialysis pumping machines, as well as various dialysis-related items such as blood pumps, catheters, and tubing kits. Dialysis machines help with the treatment of renal disorders. As the number of individuals suffering from renal disorders rises, so does the demand for dialysis equipment. As a result, there is an urgent need to produce inexpensive, cost-effective, and portable dialysis equipment. Inventing user-friendly and economical devices with little use of technicalities is the market's greatest issue, which can only be addressed with the assistance of scientists and various trainings essential for the development of dialysis equipment. Several industry companies are concentrating their efforts on developing a portable and simple-to-use dialysis machine. Outset Medical Inc, a US-based healthcare company, has developed 'Tablo,' which employs cutting-edge technologies. Through the machine's inherent wireless connectivity, treatment data may be quickly uploaded to cloud storage. This machine's real-time dialysis feature has made treatment much faster. The development of such machines will aid in the expansion of the dialysis equipment market.

According to the research report, “Global Dialysis Equipment Market Outlook, 2028” published by Bonafide Research, the market is anticipated to cross USD 24 Billion by 2028, increasing from USD 17.39 Billion in 2022. The market is expected to grow with more than 6.29% CAGR by 2023-28. The increasing prevalence of CKD is a primary driver of the dialysis equipment industry. According to the World Health Organization (WHO), CKD affects millions of people worldwide, making dialysis a crucial treatment option for those in the advanced stages of the disease. This rising prevalence underscores the need for continuous advancements in dialysis technology to enhance patient outcomes and improve overall quality of life. The dialysis equipment industry has witnessed significant technological advancements in recent years, leading to more efficient and patient-friendly solutions. Innovations such as hemodialysis machines with improved biocompatibility, enhanced filtration capabilities, and user-friendly interfaces have contributed to better treatment experiences for patients. Additionally, the integration of telemedicine and remote monitoring technologies has allowed healthcare providers to closely monitor patients undergoing dialysis, facilitating timely interventions and personalized care. With the growing number of patients, digital identity corporations are increasingly entering the healthcare scene with the goal of improving and expanding access to dialysis equipment. Furthermore, demand for portable dialysis devices is predicted to increase, particularly for the remote treatment of renal illnesses. As a result of this tendency, the market share of dialysis equipment is expected to rise significantly over the forecast period. Technological improvements include automated peritoneal dialysis equipment, portable and wearable devices, and improved hemodialysis machines. Modern dialysis equipment is in high demand because technological advances have boosted patient comfort, improved treatment outcomes, and reduced treatment time. The use of sterilizing technology, disposable dialyzers, and improved water purification systems in dialysis equipment helps to reduce infection risk. As a result, the adoption increases demand for safe dialysis equipment.

North America had the largest share of the dialysis machines market in 2022 owing to the paradigm shift is more towards peritoneal dialysis due to ease of access and the availability of greater reimbursement policies.

North America, particularly the United States, has a relatively high prevalence of chronic kidney disease (CKD). The growing incidence of CKD necessitates an increased demand for dialysis services and, consequently, dialysis equipment. The region boasts a well-established and technologically advanced healthcare infrastructure. Access to advanced medical facilities and specialized care centers allows for the widespread adoption of dialysis treatments and the use of state-of-the-art dialysis equipment. North America is a hub for medical research and development. Significant investments in healthcare innovation, including the development of advanced dialysis equipment, contribute to the region's leadership in the market. Research institutions, academic centers, and private companies collaborate to push the boundaries of dialysis technology. The United States, in particular, has one of the highest healthcare expenditures globally. This allows for substantial investments in medical technologies, including dialysis equipment. The availability of financial resources facilitates the adoption of the latest and most advanced dialysis technologies. The region has a robust regulatory framework that ensures the safety and efficacy of medical devices, including dialysis equipment. A well-defined regulatory environment instills confidence in healthcare providers and patients, encouraging the adoption of new technologies. There is a high level of awareness about kidney health and the available treatment options in North America. Education campaigns, advocacy efforts, and healthcare initiatives contribute to early detection of kidney diseases and promote timely interventions, including dialysis. Also, the presence of comprehensive health insurance coverage, especially in the United States, ensures that a significant portion of the population has access to dialysis treatments. This financial support contributes to the sustained growth of the dialysis equipment market.

The largest segment in the dialysis equipment market is hemodialysis machines because they are a commonly used type of dialysis and is expected to grow as a result of increasing demand for home dialysis.

Hemodialysis is a procedure to remove waste products and excess fluid from the blood of patients with end-stage renal disease by using a machine to remove waste products and excess fluid from the blood of patients with end stage renal disease. The hemodialysis equipment segment is projected to witness exponential growth during the forecast period on account of the rising prevalence of terminal kidney failure. Hemodialysis is used to filter waste and water from the blood. The segment is largely driven by rapid product development by prominent players. Increasing accessibility of HD centers, rising number of community dialysis centers, surging awareness about HD administration, and favorable reimbursement policies foster segment growth. Apart from this, acceptance of hemodialysis therapy over peritoneal dialysis among CKD and ESRD patients also drives segment growth. Moreover, hospitals are focusing on improving the availability of hemodialysis to complement their current renal services, which is expected to promote segment expansion. For instance, in July 2022, Pantai Hospital Klang opened a new Hemodialysis Centre to serve chronic kidney disease patients in Klang, Malaysia, and the surrounding area, allowing them to receive treatment closer to home. However, higher prevalence of end-stage renal disease and chronic kidney disease in the emerging nations represents a huge demand for peritoneal dialysis. The proven efficiency of peritoneal dialysis over hemodialysis in terms of cost, session time and equipment functioning are anticipated to increase the adoption of peritoneal dialysis.

By end user, the market is segmented into hospital, clinics, ambulatory surgical centers and home care settings. Hospitals accounted for the largest market share in terms of end users, and are expected to remain dominant over the forecast period.

When compared to alternative healthcare venues, such as clinics or home care settings, hospitals often have a high patient traffic. Hospitals are able to provide comprehensive care to patients suffering from severe medical illnesses, such as end-stage renal disease (ESRD), which necessitates dialysis. Hospitals usually have cutting-edge infrastructure, such as specialized staff, dedicated dialysis units, and strong support services, allowing them to provide effective and outstanding dialysis therapy. Dialysis machines, water purification systems, and trained personnel are frequently found in hospitals, as is the equipment required to deliver dialysis safely and successfully. Hospitals often have specific insurance coverage and payment methods for dialysis services. As a result, hospitals can spend money on dialysis equipment and supply patients with the service. Nephrologists, medical experts who specialize in kidney treatment and dialysis, typically work or have affiliations with hospitals. The growing number of private and public dialysis centers drives the demand for renal dialysis machines. New product introductions, the easy availability of competent healthcare workers, and the presence of attractive reimbursement rules propel the segment. Fresenius Medical Care AG & Co. KGaA recently announced intentions to open eight new facilities in partnership with John Hopkins Hospital. The main market expansion is attributed to numerous causes, including the availability of qualified personnel in hospitals, which increases patient faith in dialysis, and the provision of a medical care facility in case something goes wrong during the dialysis process. Due to patients' increasing desire to cure ailments in the comfort of their own homes, the home care segment will increase in the market throughout the projection period. Furthermore, firms are spending substantially in making dialysis equipment patient-friendly so that it can be used at home.

The growing incidence of kidney illness is a key factor driving the market for dialysis equipment as millions of people worldwide are affected by chronic kidney disease (CKD) and end-stage renal disease (ESRD), which have emerged as major global health concerns.

Chronic conditions such as diabetes and hypertension are leading causes of kidney disorders. The increasing prevalence of these conditions, often linked to lifestyle factors such as diet and physical activity, contributes significantly to the rise in kidney disorders. The aging population is more prone to kidney problems. As people age, the function of the kidneys may decline naturally. Additionally, older individuals often have a higher prevalence of chronic conditions that can affect kidney health. Poor dietary habits, lack of physical activity, and the increasing prevalence of obesity contribute to the development of conditions like diabetes and hypertension, which are risk factors for kidney disorders. Exposure to environmental pollutants and toxins can contribute to kidney damage. Industrial pollution, certain medications, and exposure to heavy metals can adversely affect kidney function. Some kidney disorders have a genetic component. Individuals with a family history of kidney disease may be at a higher risk of developing similar conditions. Advances in medical technology and increased awareness of kidney health have led to improved detection and diagnosis of kidney disorders. As more people undergo screenings and diagnostic tests, previously undetected cases are identified, contributing to the apparent increase in prevalence. Changes in lifestyle associated with globalization and urbanization can contribute to an increased risk of kidney disorders. Urban environments may promote sedentary lifestyles and unhealthy dietary patterns, which can contribute to the development of conditions affecting kidney health. In some regions, limited access to healthcare services can result in delayed diagnosis and treatment of kidney disorders. Adequate healthcare infrastructure and access to medical services are crucial for managing and preventing kidney-related issues. Substance abuse, including the misuse of certain medications and illicit drugs, can have detrimental effects on kidney health. Drug-induced nephrotoxicity is a known risk factor for kidney disorders. Certain infections, such as urinary tract infections and systemic diseases, can directly affect the kidneys. These infections may contribute to the development of kidney disorders, particularly if left untreated.

Major Drivers

• Increasing Prevalence of Chronic Kidney Disease (CKD): The growing incidence of chronic kidney disease worldwide is a significant driver for the dialysis equipment market. Factors such as rising aging population, lifestyle changes, and the increasing prevalence of conditions like diabetes and hypertension contribute to the higher incidence of CKD.

• Technological Advancements in Dialysis Equipment: Ongoing technological advancements in dialysis equipment have been a driving force for market growth. Innovations in hemodialysis and peritoneal dialysis systems, improved biocompatible materials, and enhanced automation and connectivity features contribute to more efficient and patient-friendly dialysis treatments.

Major Challenges

• High Cost of Dialysis Treatment: The cost of dialysis treatment, including the equipment, consumables, and related healthcare services, can be a significant challenge. This poses a barrier to access for some patients, particularly in low-income regions, leading to an inequality in the availability of advanced dialysis care.

• Limited Reimbursement Policies: In many healthcare systems, reimbursement policies for dialysis treatments may be limited or complex. This can impact the financial sustainability of dialysis centers and create challenges for both patients and healthcare providers.

Major Trends

• Home Dialysis and Remote Monitoring: There is a growing trend towards home-based dialysis, driven by the desire to improve patient comfort and reduce the burden on healthcare facilities. Additionally, the integration of remote monitoring technologies allows healthcare providers to track patients' vital signs and treatment adherence, enhancing overall care.

• Focus on Personalized Medicine and Precision Dialysis: The trend towards personalized medicine is influencing the development of dialysis equipment. Tailoring dialysis treatment to individual patient needs, considering factors such as age, comorbidities, and genetic factors, is gaining importance. This approach aims to optimize therapy outcomes and minimize potential side effects.

Covid-19 Impacts

The COVID-19 pandemic affected virtually all industries and led to significant financial hardship for healthcare services by increasing healthcare expenses. The implementation of social distancing norms and the revision of standard operating protocols hampered the daily operations of several healthcare services, such as dialysis processes. Many healthcare facilities suspended or rescheduled routine care and only provided emergency care. However, urgent dialysis procedures were carried out in medical facilities, despite the coronavirus crisis. As the number of COVID-19 cases decreased in several countries, healthcare facilities resumed providing healthcare services, gradually stabilizing the procedural volume to pre-pandemic levels, which is positively influencing the market scenario.

Competitive Landscape

The major companies serving the global dialysis equipment market include Baxter International Inc., Nipro Corporation, B. Braun Melsungen AG, Medtronic plc, Terumo Corporation, Asahi Kasei Corporation, JMS Co., Ltd, Toray Industries, Inc, Fresenius Medical Care AG & Co. KGaA, Nikkiso Co., Ltd., Becton, Dickinson and Company, Outset Medical, Teleflex Incorporated, Quanta Dialysis Technologies, Shandong Weigao Group Medical Polymer Co Ltd, Polymed Medical Devices among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2019, Fesenscius Medical Care launched a 4008A dialysis machine in China. The product is designed to incorporate Fresenius Medical Care’s high-quality standards while reducing costs for health care systems. With the launch of the 4008A, the company aimed to bring quality life-sustaining dialysis treatment to more patients in China who are suffering from end-stage renal disease (ESRD). To increase their market share, these businesses frequently engage in partnerships, acquisitions, and service portfolio expansions. For instance, in March 2022, B. Braun, a German medical & pharmaceutical device company, acquired Intermedt Medizin & Technik GmbH, a specialist in the preparation of dialysis concentrates. This enabled B. Braun to enhance its R&D capabilities for the advancement of hemodialysis in a simple, flexible, and environment-friendly way, fortifying its foothold in the sector.

Key Developments

• In April 2022, Baxter International Inc., a global leader in acute care, today announced the U.S. Food and Drug Administration (FDA) 510(k) clearance of the company’s ST Set used in continuous renal replacement therapy (CRRT). The ST Set is a pre-connected, disposable, extracorporeal (outside the body) circuit that provides blood purification through a semipermeable membrane to be used with the PrisMax or Prismaflex control units (monitors).

• In January 2022, Rockwell Medical, Inc announced that its partner in South Korea, Jeil Pharmaceutical Co., Ltd. (“Jeil”), has received a second regulatory approval by the Ministry of Food and Drug Safety of the Republic of Korea for Triferic® Dialysate (ferric pyrophosphate citrate sodium sulfate co-precipitate hydrate) for maintaining hemoglobin in adult patients with hemodialysis-dependent chronic kidney disease (HDD-CKD).

• In January 2022, to hasten the advancement of their portable Neokidney hemodialysis technology, NextKidney acquired Dialysis. Neokidney is going to be a portable simplistic hemodialysis device for home usage that requires only 4 liters of fluid per session. People can utilize it anywhere they like since it does not require water supply and drainage.

• In January 2022, NextKidney purchased Dialyss to accelerate the development of its portable Neokidney hemodialysis technology. Neokidney will be compact, user-friendly hemodialysis equipment for the home that uses only 4 liters of fluid per session. It is completely independent of the water supply and drains, allowing people to utilize it wherever they want.

Considered in this report:

• Geography: Global
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:

• Global Dialysis Equipment market Outlook with its value and forecast along with its segments
• Region & Country-wise Dialysis Equipment market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions & Countries covered in the report

• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Spain, Italy, Russia)
• Asia-Pacific (China, Japan, India, Australia, South Korea)
• South America (Brazil, Argentina, Colombia)
• Middle-East & Africa (UAE, Saudi Arabia, South Africa)

By Products

• Hemodialysis Devices
• Peritoneal Dialysis Equipment
• Others

By End User

• Hospital
• Clinics
• Ambulatory Surgical centers
• Home Care Settings

By Indication

• kidney failure
• Cardiovascular Disorders & Hypertension
• Diabetes
• Pregnancy
• Cancer
• Wound Care
• Movement Disorders
• Respiratory Diseases
• Other Indications

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Dialysis Equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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