IMARC Group, a leading market research company, has recently releases report titled “Dialysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global dialysis market share, trends, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Dialysis Market
Dialysis is a medical procedure designed to replicate the essential functions of the kidneys when these organs are unable to perform their natural filtration and waste removal tasks. Typically used for individuals with kidney failure or impaired kidney function, dialysis helps maintain the body’s balance of fluids, electrolytes, and waste products. The process involves the removal of excess fluids, waste, and toxins from the blood using a specialized machine or apparatus known as a dialyzer. During dialysis, a patient’s blood is circulated through the dialyzer, which filters it, removing waste and excess fluids, and then returns the cleansed blood to the body. There are two main types of dialysis: hemodialysis and peritoneal dialysis. Hemodialysis takes place outside the body, usually in a dialysis center, and requires the connection of the patient’s bloodstream to the dialysis machine. Peritoneal dialysis, on the other hand, involves using the body’s peritoneal membrane as a natural filter, with a sterile solution being introduced into the abdominal cavity to absorb waste products and excess fluids. Dialysis is a life-sustaining treatment for individuals with advanced kidney disease, allowing them to manage their condition and maintain a certain level of well-being while awaiting a kidney transplant or undergoing other treatments.
How Big Is the Dialysis Market?
The global dialysis market size reached US$ 110.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 148.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Global Industry Trends and Drivers:
The increasing prevalence of chronic kidney diseases (CKD), coupled with a rising population of patients afflicted by hypertension, end-stage renal disease (ESRD), and diabetes, constitutes a significant driving force behind the global demand for dialysis services. Additionally, the heightened awareness regarding the imperative of maintaining kidney health, coupled with the facilitation of multiple renal treatment avenues, is fostering the expansion of the market. Furthermore, the growing trend toward home-based dialysis, particularly among the elderly demographic that faces a higher susceptibility to chronic kidney issues, is exerting a positive impact on the market’s trajectory. Furthermore, substantial enhancements in healthcare infrastructure and the establishment of an increasing number of dialysis centers to enhance the accessibility of dialysis treatment are further propelling the growth of the market.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Type:
- Conventional Hemodialysis
- Short Daily Hemodialysis
- Nocturnal Hemodialysis
- Peritoneal Dialysis
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Automated Peritoneal Dialysis (APD)
Breakup by Product and Services:
- Dialysis Machines
- Water Treatment Systems
- Dialysis Drugs
Breakup by End User:
- In-center Dialysis
- Home Dialysis
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, DaVita Inc., Fresenius Medical Care AG & Co. KGaA, JMS Co. Ltd., Medtronic plc, Nikkiso Co. Ltd., NIPRO Corporation, Satellite Healthcare Inc. and Toray Industries Inc.