Dialysis Market 2024 - Industry Size, Analysis, Researches, Trends and Forecasts to 2031
Posted 2024-07-16 20:12:12
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The Dialysis Market was valued at USD 102.26 billion in 2023 and is expected to reach USD 161.77 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2024 to 2031.
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Market Dynamics
- Increasing Chronic Kidney Disease (CKD): Rising prevalence of CKD globally drives demand for dialysis treatments.
- Technological Advancements: Innovations in dialysis machines, treatment protocols, and wearable devices enhance treatment efficacy and patient comfort.
- Growing Aging Population: Higher susceptibility to kidney diseases among elderly population boosts market growth.
- Healthcare Infrastructure Development: Expansion of healthcare facilities and reimbursement policies support market expansion.
Key Players
- Fresenius Medical Care AG & Co. KGaA
- DaVita Inc.
- Baxter International Inc.
- B. Braun Melsungen AG
- Nikkiso Co., Ltd.
- NxStage Medical, Inc.
- Asahi Kasei Corporation
- Nipro Corporation
- Cantel Medical Corporation
- Medtronic plc
Key Segments Covered in Dialysis Market:
- By Type:
- Hemodialysis
- Peritoneal Dialysis
- By Product & Service:
- Equipment
- Consumables
- Services
- By End User:
- Hospitals
- Dialysis Centers
- Home Care Settings
Segment Analysis
- Hemodialysis holds the largest market share, driven by its widespread adoption in hospital settings and technological advancements in dialysis machines.
- Dialysis Centers are the dominant end users, owing to specialized care and infrastructure for renal replacement therapy.
Recent Developments
- In February 2023, Fresenius Medical Care launched a new dialysis machine series featuring enhanced connectivity and patient monitoring capabilities.
- In September 2022, Baxter International introduced a new peritoneal dialysis solution designed for improved patient outcomes and convenience.
Regional Analysis
- North America led the market in 2023, supported by high prevalence of CKD, advanced healthcare infrastructure, and favorable reimbursement policies.
- Europe followed closely, driven by increasing elderly population and government initiatives to improve renal care services.
Key Takeaways
- The Dialysis Market growth is driven by rising incidence of chronic kidney diseases and technological advancements in dialysis treatment options.
- Expansion of healthcare facilities and increasing awareness about renal care contribute to market expansion.
- North America and Europe remain key markets, while Asia-Pacific presents growth opportunities due to improving healthcare access and rising CKD prevalence.
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Table of Content
- Introduction
- Research Methodology
- Dialysis Market Dynamics
- Impact Analysis (COVID-19, etc.)
- Value Chain Analysis
- Porter’s 5 Forces Model
- PEST Analysis
- Market Segmentation (Type, Product & Service, End User)
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Use Cases and Best Practices
- Conclusion
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