Dialysis Industry Global Market Growth, Size, Trends, Insights And Forecast To 2026
Global Dialysis Market is prolifically driven by the ongoing research and development investments by various industry behemoths operating in the business space. Highlighting the aforesaid, the Union Health Ministry of India had in 2019. Announced its plans of offering peritoneal dialysis capability to kidney patients at their homes under the Pradhan Mantri National Dialysis Program. It has been observed that peritoneal dialysis reduced the substantial costs of infrastructure set up and staffing, cuts odd the demand on healthcare system, while providing patient autonomy. Such developments are expected to empower the dialysis market over the due course of time.
A gradual
surge in the count of kidney diseases worldwide has undeniably bolstered the
need for dialysis process, thus offering a boost to the overall market
expansion over the timeframe of 2020 to 2026. An important point to consider
here is that chronic kidney diseases have claimed relatively more deaths that
breast cancer or prostate cancer. Being more specific, it has been claimed that
more than 661,00 Americans have been diagnosed with kidney failure out of which
over 468,000 individuals undergo dialysis. Such hefty count of is anticipated
to craft out a lucrative growth path of dialysis market, which is poised to
account for USD 110 billion by the end of 2026.
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Let alone the R&D influence, rising
technological advancements have also offered profitable growth opportunities
for the dialysis market progression. Developments in dialyzers and dialysis
machines hold the potential to augment the outcome of therapy, thus allowing
various conglomerates to devise such products, embed with new edge
technologies, to cater to the increasing kidney disease populace. One such
advancement in the field being introduction to nano filter artificial kidney.
As per numerous reports, the product connects to dialysis porta on the neck and
allows mobility of patients with ultra-ease.
The
global dialysis market has been fragmented into vivid segments including type,
product and service, end-use, and a robust regional landscape. Given below is a
snapshot of the performance of each of these segments in the overall market:
In terms
of the type segmentation, the global dialysis market is highly characterized by
hemodialysis sector, which according to estimates, held a business share of USD
68 billion in 2019, while looking forward to a steady rise in the industry over
the foreseeable time frame. Hemodialysis requires relatively less time for
treatment compared to peritoneal dialysis and it also boasts of low risk of
infection, thus supporting its expansion. Moreover, presence of well skilled
staff and professional during hemodialysis procedure offers patients with
better care, in turn escalating its preference worldwide.
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Considering
the product and services bifurcation, it is pivotal to state that the segment
is further divided into consumables, services, and equipment. Of these, the
equipment segment is anticipated to garner tremendous gains by the end of 2026,
on the grounds of rising focus on R&D activities by various market players
in an effort to bring forth advanced dialysis machines and water treatment
systems. Also, growing cases of kidney disorders such as end stage renal
diseases among geriatric population base asking for dialysis equipment for
treatment would further propel the segmental growth in the years to come.
Estimates claim that the equipment segment held a market share of 7.5 per cent
in 2019 and is likely to grow at a prodigious pace in the upcoming years.
Dialysis
procedures have been gaining much required attention across the in-center
dialysis segment. Reports claim that the in-center dialysis segment would
depict a CAGR of 5 per cent through 2026, subject to the surging number of
dialysis procedures being carried at in-center dialysis centers due to presence
of professional kidney care experts. It is noteworthy to mention that in-center
dialysis offers the opportunity of patient assessment and performing treatment
simultaneously, thus reducing the travel time.
Regionally,
Asia Pacific has emerged as a hotspot for the expanding dialysis industry,
ascribing to the rising demand for advanced dialysis equipment and machines in
conjugation with increasing prevalence of chronic renal diseases. In fact, Asia
accounts for over 14 per cent of the global chronic kidney disease prevalence
in the world, making the need for dialysis highly important. Adding to this,
favorable reimbursement policies and enhancing healthcare infrastructure have
proliferated the use of dialysis equipment on a much larger scale across the
economies in the region.
Browse key industry insights spread across 214 pages with 342 market
data tables and 27 figures & charts from the report, Dialysis Market in
detail along with the table of contents:
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Report Content
Chapter 3. Dialysis Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2026
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising number of end stage renal diseases (ESRD)
patients globally
3.3.1.2. Increasing incidence of diabetes in developing
economies
3.3.1.3. Shortage of donor kidneys worldwide
3.3.1.4. Favorable reimbursement scenario available for
dialysis treatment in North America
3.3.1.5. R&D investments in developed as well as
developing countries
3.3.2. Industry pitfalls and challenges
3.3.2.1. Product recalls
3.3.2.2. Complications in the treatment
3.4. Growth potential analysis
3.4.1. By type
3.4.2. By product & services
3.4.3. By end-use
3.5. COVID-19 impact analysis
3.5.1. Impact of COVID-19 on major
markets, 2020 – 2022
3.5.1.1. Overview
3.5.1.2. U.S.
3.5.1.3. Germany
3.5.1.4. UK
3.5.1.5. France
3.5.1.6. Italy
3.5.1.7. Spain
3.5.1.8. China
3.5.1.9. India
3.5.1.10. Japan
3.5.1.11. Brazil
3.5.2. Impact of COVID-19 on industry
segments
3.5.2.1. Hemodialysis
3.5.3. Impact of COVID-19 on industry
value chain
3.5.3.1. Research and development
3.5.3.2. Manufacturing
3.5.3.3. Marketing
3.5.3.4. Supply
3.5.4. Impact of COVID-19 on industry
competition
3.5.4.1. Strategy
3.5.4.2. Product portfolio
3.5.4.3. Business growth
3.6. Regulatory landscape
3.7. Technology landscape
3.8. Porter’s analysis
3.9. Competitive landscape, 2019
3.10. PESTEL Analysis
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