dialysis
The Hemodialysis 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 Global Market Report 2024, The hemodialysis market size has grown strongly in recent years. It will grow from $89.87 billion in 2023 to $94.45 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to rising incidence of chronic kidney disease (ckd), growing awareness of renal health, government initiatives for renal care, global expansion of dialysis centers, lifestyle-related factors.
The hemodialysis market size is expected to see strong growth in the next few years. It will grow to $117.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing healthcare expenditure, telehealth integration in renal care, regulatory support for home hemodialysis, focus on personalized medicine in nephrology, global health crisis preparedness. Major trends in the forecast period include minimally invasive procedures, technological advancements, patient-friendly devices, integration with imaging and diagnostics, customized treatment approaches.
The increasing prevalence of diabetes and kidney failure will boost the hemodialysis market. Diabetes and kidney failure are two related medical conditions that can affect the body’s ability to maintain healthy blood glucose levels and filter waste products from the blood, respectively. As more people are diagnosed with these conditions, there will be a greater demand for hemodialysis treatment, as it helps cleanse the blood of wastes and extra fluid when the kidneys stop functioning normally. Furthermore, the advantages of early detection and treatment of kidney disease will likely increase demand for hemodialysis. For instance, in September 2021, according to a report from the United States Renal Data System (USRDS), a US-based national data system, nearly 786,000 people in the United States have ESKD, also known as end-stage renal disease (ESRD), with 71% on dialysis and 29% receiving a kidney transplant. Therefore, the increasing prevalence of diabetes and kidney failure will drive the hemodialysis market forward.
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The hemodialysis market covered in this report is segmented –
1) By Type: Conventional Hemodialysis, Short Daily Hemodialysis Or Daily Hemodialysis, Nocturnal Hemodialysis
2) By Component: Dialyzer, Dialysis Solution, Tubes, Catheter, Other Components
3) By End User: Hospitals, Specialty Clinics, Home-Care Settings, Other End Users
Technological advancements are a key trend gaining popularity in the hemodialysis market. Major companies operating in the hemodialysis market are focused on developing innovative technologies to sustain their position in the market. For instance, in August 2022, Fresenius Medical Care AG & Co. KGaA, a Germany-based healthcare company, launched the Speedswap, a new option for the NxStage System One with NxView that enables the changing of a flow-compromised dialysis filter without replacing the entire cartridge. This system reduces therapy downtime, eases nursing workloads, and lowers treatment costs in acute care settings. It features Pressure Oscillating Diaphragm (POD) Technology to eliminate the blood-air interface and reduce the risk of filter clotting and related therapy interruptions.
The hemodialysis market report table of contents includes:
1. Executive Summary
2. Hemodialysis Market Characteristics
3. Hemodialysis Market Trends And Strategies
4. Hemodialysis Market – Macro Economic Scenario
5. Global Hemodialysis Market Size and Growth
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31. Global Hemodialysis Market Competitive Benchmarking
32. Global Hemodialysis Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hemodialysis Market
34. Hemodialysis Market Future Outlook and Potential Analysis
35. Appendix
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