Hemodialysis
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.
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Segmentation & Regional Insights
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
North America was the largest region in the hemodialysis market in 2023. Asia-Pacific is expected to be the fastest growing region in the global hemodialysis market report during the forecast period. The regions covered in the hemodialysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the hemodialysis market report are Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., DaVita Inc., Fresenius Medical Care AG & Co. KGaA, Nikkiso Co. Ltd., Nipro Corporation, NxStage Medical Inc., Cantel Medical Corp., Diaverum, Becton Dickinson And Company, Toray Medical Co. Ltd., Outset Medical Inc., Quanta Dialysis Technologies, Allmed Medical Care Corporation, AngioDynamics LLC, Rockwell Medical Inc., Medivators Inc., Medtronic Plc, Gambro AB, Hemoclean Co. Ltd., JMS Co. Ltd., Kawasumi Laboratories Inc., Medcomp, Medline Industries Inc., Merit Medical Systems Inc., Poly Medicure Ltd., Renax Biomedical Tech. Co. Ltd., Teleflex Inc., Terumo Corporation, Thermo Fisher Scientific Inc., W. L. Gore & Associates Inc., Argon Medical Devices Inc., Boston Scientific Corporation, Cook Medical Inc.
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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