Market Overview
Haemodialysis is a medical technique that removes waste materials and fluids from the blood. A dialysis machine and a dialyzer are used to do this. It treats both acute and chronic renal failure. The number of End-Stage Renal Disease (ESRD) patients is driving the haemodialysis equipment market due to the rising incidence of diabetes, hypertension, and an ageing population. ESRD is the most severe type of renal failure in which the kidneys cease to function permanently, and the afflicted individual lacks the appropriate kidney function required to support life.
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Market Size and Growth Analysis
According to the DataM Intelligence’s latest research the Global Haemodialysis Equipment Market reached US$ billion in 2022 and is projected to witness lucrative growth by reaching up to US$ billion by 2030. The market is growing at a CAGR of 4.5% during the forecast period 2023-2030.
Market Key Drivers
The Increasing Number of ESRD (End-Stage Renal Disorder) Patients Require Continuous Support Via Dialysis, Hence Driving Market Growth
Globally, the number of ESRD patients is rapidly growing. They are the biggest end-users of dialysis, as their kidneys have lost much of their functionality. Because of demographic, clinical, and lifestyle changes in the population, as well as advancements in RRT, the burden of ESRD in the United States population will rise until 2030.
Planning for ESRD resource allocation should account for significant continuing expansion in the ESRD patient population. Future treatments should focus on preventing CKD from progressing to renal failure. ESRD incidence rates have levelled off and/or declined in recent years. Still, our model predicts that population changes in age and race distribution, obesity and diabetes prevalence, and ESRD survival will result in an XX% increase in the crude incidence rate from 2020 to 2030.
Segmentation Analysis
The global Haemodialysis Equipment Market is segmented by product type, modality, and end-user.
By Product Type
By Modality
By End-User
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Product Type: Peritoneal Dialysis is Projected to Drive the Global Dialysis Market
Among dialysis types, the haemodialysis equipment segment dominates the dialysis equipment market. Furthermore, the peritoneal dialysis equipment segment is expected to rise faster in the global market. Peritoneal dialysis’s improved degree of patient comfort, a drastic decrease in treatment costs, and high operational flexibility are likely to propel expansion throughout the projection period. The increased frequency of end-stage renal illness and chronic kidney disease in developing countries creates a significant need for peritoneal dialysis.
Moreover, the established effectiveness of peritoneal dialysis over haemodialysis in terms of cost, session duration, and equipment functioning is expected to enhance peritoneal dialysis adoption in developing countries. The haemodialysis equipment market segment is divided into two types of dialysis equipment: haemodialysis equipment and peritoneal dialysis equipment.
The haemodialysis equipment industry is likely to occupy a sizable market share during the projection period. The global dialysis equipment market segmentation comprises dialysis centres and hospitals, as well as home healthcare. Hospitals and dialysis centres are expected to account for a significant portion of the global market.
Haemodialysis Equipment Market: Geographical Insights
Based on region the global haemodialysis equipment market is segmented into North America, Europe, South America, Asia Pacific, Middle East, and Africa.
Asia-Pacific Dominates the Global Haemodialysis Equipment Market
Asia Pacific produced USD XX Million in revenue in 2020 and is predicted to lead the market for the remainder of the forecast period. The increased incidence and prevalence of end-stage renal illness is leading to increased use of dialysis equipment, which is driving the Asia Pacific dialysis equipment market size.
Furthermore, faster infrastructure development and increased patient awareness and education are providing a favourable climate for rising countries to use and install dialysis equipment.
North America Will be the Fastest-Growing Market in the Global Market
North America is expected to be the second most important revenue region by 2025. The rapidly rising incidence of end-stage renal illness in Europe is expected to provide a profitable potential for market expansion throughout the projected period.
Competitive Landscape
The global market players in the haemodialysis equipment market include Fresenius Medical Care, DaVita Healthcare Partners, Baxter International, B. Braun Melsungen, Nipro Corporation, Diaverum Deutschland GmbH, Nikkiso Co. Ltd., and NxStage Medical.
Fresenius Medical Care Overview
Fresenius Medical Care is a market leader in the global dialysis equipment market volume. The firm is expected to maintain its position during the projection period because of its innovative product offerings, effective consumer reach, and strong brand presence. In terms of revenue, Fresenius Medical Care and Baxter now control more than half of the market. They also have a substantial market share in peritoneal dialysis.
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