Dialysis Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Dialysis Market
The Dialysis market size was valued at USD 95.22 billion in 2023, and the market is now projected to grow from USD 98.51 billion in 2024 to USD 181.16 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period of 2023-2030.
The COVID-19 pandemic resulted in the slower increase of the worldwide market. Key players said a slower, single digit growth in revenues from dialysis merchandise & provider services due to a moderate increase in the number of patients requiring dialysis in the course of the COVID-19 duration.
The usual burden of ESRD and CKD is one of the highest in terms of Dialysis price. Rising occurrence of persistent kidney diseases and renal failure, additionally the increasing comorbidity of diabetes and high blood pressure in a affected person, is one of the key elements bolstering this market’s increase. ESRD is the level whilst one or both the kidneys completely forestall running well and the affected person desires to undergo lengthy-term renal infusion remedy or get hold of a kidney transplant. This outcomes in Dialysis market growth.
In recent years, the concept of home dialysis has gained momentum for the control of persistent kidney diseases. Patients with continual kidney issues are required to go through frequent remedies at hospitals or clinics. The numerous benefits associated with dialysis at domestic over hospitals or clinics have ended in sufferers transferring their dialysis remedies to homecare settings.
Comprehensive Analysis of Dialysis Market
The Dialysis market is rising at an exponential charge due to its marketplace segmentation. This marketplace enlargement successfully gives a detailed local checks considering the dominant supply and demand forces that impact the enterprise. Based on type, the market is segmented into services and products. By dialysis type, the global market is categorized into peritoneal dialysis and hemodialysis. Based on end-user, the market is segmented into hospitals, home care and dialysis centers.
North America has the largest Dialysis market share. The high incidence of CKD and ESRD within the U.S. And Canada and a higher remedy charge in these countries are the important thing elements estimated to boost the enlargement of the nearby marketplace throughout the forecast period. The U.S. Is likewise projected to witness boom in the call for for dialysis services and products because of the increasing occurrence of coronavirus infections that can purpose renal failure in a few infected sufferers.
The top players in the market play a crucial role in the Dialysis industry assuring industrial prospectus growth and setting market standards. These players include, B Braun SE (Germany), Medtronic (Ireland), DaVita Inc. (U.S.), NIPRO (Japan), Asahi Kasei Medical Co., Ltd. (Asahi Kasei Corporation) (Japan), Baxter (U.S.), Diaverum (Sweden), Kimal (U.K.), Fresenius Medical Care AG & Co. KGaA (Germany), and BD (U.S.).
In October 2023, Northeast Georgia Health Ventures (NGHV) and Dialyze Direct signed a strategic collaboration to provide domestic dialysis offerings to professional nursing facilities (SNFs) in Georgia.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.9% from 2024-2032
Unit Value (USD billion)
Segmentation By Type
Products
Services
By Dialysis Type
Hemodialysis
Peritoneal Dialysis
By End-User
Dialysis Centers & Hospitals
Home Care
By Region
North America (By Type, By Dialysis Type, By End-User, By Country)
U.S.
Canada
Europe (By Type, By Dialysis Type, By End-User, By Country/Sub-Region)
U.K.
Germany
France
Italy
Spain
Scandinavia
Rest of Europe
Asia Pacific (By Type, By Dialysis Type, By End-User, By Country/Sub-Region)
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America (By Type, By Dialysis Type, By End-User, By Country/Sub-Region)
Brazil
Mexico
Rest of Latin America
Middle East & Africa (By Type, By Dialysis Type, By End-User, By Country/Sub-Region)
South Africa
GCC
Rest of Middle East & Africa
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