Renal Dialysis Equipment Market Size, Share, Industry Trends and Forecast to 2030

Renal Dialysis Equipment Market Size & CAGR in 2021

The global renal dialysis equipment market had a market size of USD 16.5 billion in 2021 and is expected to grow at a CAGR of 5.8% from 2021 to 2028. This growth is anticipated to result in the market reaching a value of USD 23.6 billion by the end of 2028.

COVID-19 Impact on the Renal Dialysis Equipment Market

The COVID-19 pandemic had a significant impact on the renal dialysis equipment market. Due to the increased emphasis on healthcare infrastructure and the rising number of patients requiring dialysis services, the market experienced a surge in demand for renal dialysis equipment. Factors such as the need for better infection control measures and the adoption of telemedicine solutions further drove market growth during the pandemic.

Renal Dialysis Equipment Dynamics

The renal dialysis equipment market is driven by factors such as the increasing prevalence of chronic kidney diseases, technological advancements in dialysis equipment, and the growing aging population. Additionally, the rise in healthcare expenditure, government initiatives to improve access to dialysis services, and the increasing awareness about renal health are contributing to market growth.

Segments and Related Analysis

The renal dialysis equipment market can be segmented based on product type, modality, end-user, and region. The key segments include hemodialysis machines, peritoneal dialysis machines, continuous renal replacement therapy systems, and others. By modality, the market is divided into conventional dialysis and daily home hemodialysis. Hospital-based dialysis centers, independent dialysis centers, and home care settings are the primary end-users of renal dialysis equipment.

By Region Analysis

In terms of regional analysis, North America is the largest market for renal dialysis equipment, followed by Europe and Asia Pacific. The presence of well-established healthcare infrastructure, high prevalence of renal diseases, and government initiatives to improve access to dialysis services are driving market growth in these regions. Latin America, Middle East, and Africa are also witnessing significant growth in the renal dialysis equipment market.

Key Market Players and Competitive Landscape

Some of the key players in the renal dialysis equipment market include Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Nipro Corporation, B. Braun Melsungen AG, and Asahi Kasei Corporation. These companies are focusing on product innovations, strategic collaborations, and geographic expansions to strengthen their market presence and gain a competitive edge.

Recent Happenings in the Renal Dialysis Equipment Market

1. In January 2022, Fresenius Medical Care AG & Co. KGaA announced the launch of a new hemodialysis machine with advanced features to provide enhanced treatment options for patients.

2. In March 2022, Baxter International Inc. introduced a next-generation peritoneal dialysis machine designed to improve patient outcomes and simplify the treatment process.

3. In April 2022, Nipro Corporation collaborated with a leading research institution to develop innovative dialysis equipment that offers personalized treatment options for patients with renal diseases.

4. In May 2022, B. Braun Melsungen AG expanded its presence in the Asia Pacific region by establishing a new manufacturing facility for renal dialysis equipment, aiming to cater to the increasing demand in the region.