Hemodialysis Chairs Market
The Hemodialysis Chairs Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Hemodialysis Chairs Global Market Report 2024, The hemodialysis chairs market size has grown strongly in recent years. It will grow from $80.6 billion in 2023 to $85.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing incidence of hernias, rise in obesity rates, ageing population, patient preference for less invasive surgeries, evolving regulatory environment, collaboration between surgeons and manufacturers.
The hemodialysis chairs market size is expected to see strong growth in the next few years. It will grow to $105.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to focus on biocompatible materials, personalized treatment approaches, global health initiatives, increased patient and physician education, growing demand for robotic-assisted surgery. Major trends in the forecast period include advancements in biocompatible materials, focus on minimally invasive techniques, innovation in absorbable mesh technology, customization for complex hernias, integration of barrier coatings.
The increasing prevalence of kidney diseases is expected to propel the growth of the hemodialysis chair market going forward. Kidney diseases, or renal diseases are medical conditions affecting the kidneys’ structure and function. Hemodialysis chairs are essential to helping kidney patients tolerate lengthy dialysis sessions quickly, as they provide comfort, safety, cushioning, and patient monitoring capabilities. For instance, in February 2023, according to the Australian Institute of Health and Welfare, an Australia-based national health agency, the number of hospitalizations with chronic kidney disease as the primary diagnosis (excluding dialysis) increased from 197 to 205 (per 100,000 people) between 2020 and 2021. Further, the number of people receiving kidney replacement therapy increased from about 94 in 2019 to 95 in 2021 (per 100,000 people). Therefore, the increasing prevalence of kidney diseases is driving the growth of the hemodialysis chair market.
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The hemodialysis chairs market covered in this report is segmented –
1) By Product: Manual Hemodialysis Chair, Electrical Hemodialysis Chair
2) By Material: Leather, Vinyl, Other Material
3) By End User: Hospitals, Hemodialysis Research Centers, Government Organizations, Ambulatory Centers, Home Care
Major companies operating in the hemodialysis chairs market focus on developing innovative electric linear actuators with IO-link to provide reliable customer service. An electric linear actuator is a motor-driven linear drive used in positioning, assembly, and handling systems. For instance, in January 2021, Linak U.S. Inc., a US-based machinery manufacturing company, launched the first electric linear actuator with IO-link. Linak electric linear actuator systems are utilized in hospital treatment dialysis chairs to generate movement and improve comfort and safety. IO-Link simplifies installation, configuration, and diagnostics and is one of the communication interfaces used in modern factories. The actuator contains all necessary electronics, making integration into an IO-Link network and replacement uncomplicated.
The hemodialysis chairs market report table of contents includes:
1. Executive Summary
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