The global dialysis equipment market is forecasted to grow to USD 36.39 Billion by 2032 from USD 21.89 billion in 2024, registering a CAGR of 6.56% between 2024 and 2032.
There is an increase in the geriatric population globally, which is also leading to the expansion of the global dialysis equipment market. Furthermore, there is an increase in research and development expenses in the healthcare field with the adoption of advanced technologies to treat patients. In addition, people's health is deteriorating due to lifestyle changes. There is an increased demand for cost-effective portable dialysis equipment due to the high costs of kidney transplants worldwide. In addition, improved health infrastructure, the growing prevalence of dialysis patients, loss of appetite leading to weight loss, the adoption of updated dialysis technologies, the adoption of a sedentary lifestyle, increased acidosis, heart failure, and the growing number of patients with end-stage renal disease (ESRD) are driving the market for dialysis equipment considerably.
Besides, a cost-effective portable dialysis machine, a rapidly growing geriatric population, an increasing frequency of diabetes and hypertension problems, and a preference for dialysis over kidney transplantation are all factors supporting the market's revenue. However, the risks and difficulties involved, soaring cost of dialysis procedures, dialysis rules and regulations, expensive cures, and long duration will likely drive the global dialysis equipment market growth during the forecast period.
Rising R&D and investments from companies to support market expansion. The global dialysis equipment market is expected to experience rapid growth in the coming years due to massive investments in product R&D. The recent coronavirus epidemic has crippled large companies. As a result of travel bans, companies in this sector are likely to be hit hard in the coming years. Ultimately, the rapid spread of the disease prompted governments to take strong action.
The high costs of purchasing dialysis equipment and treatment procedures hinder the market, which can be especially difficult to afford for middle- and low-income countries. The prices for dialysis equipment based on quality can range between USD 400 to USD 4000, and the treatment sittings of dialysis can cost up to USD 72000 per year. Therefore, the massive costs curb the growth of the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
Segments Covered |
By Type, End-User, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis; DROC, PESTLE Analysis, Porter's Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leader Profiled |
Fresenius Medical, Care AG & Co, Gambro AB, Baxter International Inc, Nipro Inc, ALL-MED Medical GmbH, and Asahi Kasei Corporation. |
The hemodialysis equipment segment accounts for the largest share of the dialysis equipment market. It is responsible for high awareness of hemodialysis, reimbursement policies, and socio-demographic factors. Hemodialysis is a prominent procedure due to its usage during kidney failure. The technique efficiently transports fluids in your body, helping the patients lead an everyday life. According to the National Institute of Diabetes and Digestive and Kidney Disorders, nearly 1 in 3 people with diabetes and 1 in 5 people with high blood pressure have kidney disease leading to more demand for the market.
However, the peritoneal dialysis equipment is also expected to show fast growth during the forecast period due to the rising requirement for blood purification in case of renal failures. In addition, peritoneal dialysis is relatively more straightforward and can be done at home under proper guidance.
The in-center dialysis segment is expected to have the largest share in the market due to the growing number of dialysis centers worldwide, the new launch of the products, and healthcare expert professionals' and accessibility to the dialysis centers. In addition, professionals provide in-center dialysis care, reducing the chances of mistakes leading to complications during treatment.
The North American regional market is predicted to account for a significant share of the global dialysis equipment market during the forecast period. It is driven by well-developed healthcare infrastructure and supportive reimbursement policies. Besides, the increased awareness of the benefits of dialysis and the easy availability of these machines promote the regional market's growth.
The Asia-Pacific regional market is one of the most lucrative regional markets in the global market. It is driven by the unmet medical needs of ESRD patients due to a lack of accessibility in remote areas. According to studies by the International Society of Nephrology, the prevalence of chronic renal failure (CKD) and end-stage renal disease (ESRD) is increasing at a worrying rate in India, China, and Southeast Asia, which results in the demand for dialysis machines.
To date, kidney transplantation is an unpopular procedure in India, increasing the number of hemodialysis patients. In addition, the increasing prevalence of non-communicable diseases such as diabetes, hypertension, and obesity subsequently increases end-stage renal disease risk. Hence, the unavailability of adequate healthcare services, increasing healthcare expenditure, and increasing geriatric population drive the regional market's growth.
Healthcare companies are actively working on developing affordable dialysis machines that perform the vital function of treatment. For example, the George Institute for Global Health in Australia recently won an award for developing the world's first cheap dialysis machine that only uses a solar panel, water purifier, and treatment station.
Companies leading the global dialysis equipment market profiled in the report are Fresenius Medical, Care AG & Co, Gambro AB, Baxter International Inc, Nipro Inc, ALL-MED Medical GmbH, and Asahi Kasei Corporation.
Major regional players are continually developing portable dialysis machines that can be easily used at home. For example, Outset Medical Inc., a US-based healthcare company, recently modernized and developed Tablo, incorporating the latest technology. Treatment data can be easily transmitted to cloud storage via the wireless connectivity built into the machine. Simultaneously, tabletop sensors installed on the machine facilitate the process of setting up through automation and enable quicker real-time dialysis.
Baxter International Inc., a leading US-based healthcare company, announced that it had received FDA approval for its prospective multicenter clinical trials in January 2020 to test the on-demand PD generation system that facilitates the patient experience through home use. The test will assess the safety and effectiveness of the latest technology that uses a small water filtration device. It helps convert tap water into a dialysis solution to complement the patient's therapy session.
By Type
By End-User
By Region
Frequently Asked Questions
As per our research report, the global dialysis equipment market is projected to be USD 36.39 billion by 2032.
The global dialysis equipment market is estimated to grow at a CAGR of from 6.56% 2024 to 2032.
Geographically, the North American regional market dominated the dialysis equipment market in 2023.
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