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HEALTHCARE & PHARMACEUTICAL

Hemodialysis and Peritoneal Dialysis Market Analysis by Products (Machines, Dialyzers, Bloodlines, Catheters, Concentrates, and Consumables); by Types (Conventional, Daily, and Nocturnal); and by End-User (Hospitals, Dialysis Centers and Home Care Settings) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • Medtronic and DaVita Inc.- announced the willingness to form an independent and new kidney care-focused medical device company to enhance the treatment experience and outcomes for patient. The intent company will work on the development of broad suite of novel kidney care products and solutions, including future home-based products.

  • Becton, Dickinson and Company (BD)announced the receipt of 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the Pristine Long-Term Hemodialysis Catheter. It is a new hemodialysis catheter with a unique side-hole free symmetric Y-Tip distal lumen design developed by Pristine Access Technologies, Ltd., a privately-owned company based in Israel, which was acquired by BD in July 2020.

Global Hemodialysis and Peritoneal Dialysis Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Base Year

2022

Forecast Year

2023-2035

CAGR

~6%

Base Year Market Size (2022)

~ USD 15 Billion

Forecast Year Market Size (2035)

~ USD 23 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

 

The global hemodialysis and peritoneal dialysis market is estimated to garner a revenue of ~ USD 23 Billion by the end of 2035 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~ USD 15 Billion in the year 2022. The growth of the market can primarily be attributed to the rising prevalence of chronic kidney disease (CKD) globally. The unhealthy lifestyle has increased the prevalence of various diseases among the population which, in turn, is projected to increase the adoption rate of hemodialysis and peritoneal dialysis in the healthcare sector. For instance, in the year 2019, the prevalence of CKD was estimated to be ~13%, whereas patients with end-stage kidney disease (ESKD) in need of renal replacement therapy were estimated to be between ~4.9 and ~7 million worldwide.

hemodialysis market overview image

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The increasing number of people with kidney failure today, can live because of treatments, such as, dialysis and kidney transplant. When kidneys can no longer clean the blood, dialysis is a way of doing this job. Hemodialysis and peritoneal dialysis help to removes body's wastes, extra salt and water, and helps to control blood pressure of any one suffering from chronic kidney diseases (CKD) or kidney infections. With the rising number of people suffering from various kidney disorders as well as CKD the need for hemodialysis and peritoneal dialysis is showing an upward trend, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global robotic angiography systems market during the forecast period. For instance, as per the data revealed by The International Society of Nephrology, ~850 million individuals suffered from some form of kidney diseases in 2020, globally, which is increasing every year.

Global Hemodialysis and Peritoneal Dialysis Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Geriatric Population - The elderly population is one of the most vulnerable patient groups for whom hemodialysis and peritoneal dialysis would be required. Thus, the rising geriatric population in the world is considered to be a primary factor for the market growth. According to the United Nations Department of Economic and Social Affair’s, the World Population Ageing 2020 report, in the year 2020, people aged 65 years or above were estimated to be 727 million worldwide.

  • Rising Prevalence of Diabetes– Diabetes causes damage to many organs in your body, including your eyes, nerves, kidneys, heart, and blood vessels. The rising number of adults living with CKD and diabetes is expected to escalate the demand for hemodialysis and peritoneal dialysis in forecast period. For instance, in the year 2021, more than 530 million adults were suffering from diabetes which is forecasted to increase to ~640 million by 2030.

  • Increasing Concern for the Rising Incidence of Hypertension– With the surge in the number of adults living with high blood pressure there is an upward shift in the chronic kidney disease, as hypertension is the leading cause of chronic CKD. Thus, the rising cases of hypertension in the population is expected to bring lucrative growth market opportunities. Number of people with CKD whose blood pressure was <130/80 mmHg grew from more than 41% in 2003-2006 to ~45.5% in 2015-2018.Also, it was found that, in the year 2020, in the United States, hypertension as a primary or contributing cause was responsible for over 670,000 deaths.

  • Upsurge in the Rate of Obesity – Obesity leading to chronic conditions including damage to the kidney's filtering units in many adults is expected to increase the need for hemodialysis and peritoneal dialysis in the forecasted period. It was found that, in the year 2020, in the United States the rate of obesity in adults was ~42%, a rise of ~26% since 2008.

 Challenges

  • Stringent Regulatory Policies Required for the Manufacturing of Dialysis Products

  • Concern for Bladder Spasms and Stomach Cramps Associated with Long Term Use of Catheter

  • Possibilities of Exposure to Infections – The process of hemodialysis and peritoneal dialysis is associated with a number of infections. Thus, the fear of catching infections is anticipated to push the population farther away from getting done the procedure.

The global hemodialysis and peritoneal dialysis market is segmented and analyzed for demand and supply by end-user into hospitals, dialysis centers and home care settings. Amongst these segments, the hospitals segment is anticipated to garner the largest revenue by the end of 2035, backed by the growing number of patient suffering from kidney transplant along with the surge in the number of patients on dialysis worldwide. For instance, in the year 2018, more than 785,000 Americans needed dialysis or kidney transplant out of which 554,000 patients received dialysis to replace kidney function and around 229,000 had a kidney transplant done.

Global Hemodialysis and Peritoneal Dialysis Market Regional Synopsis

The North America hemodialysis and peritoneal dialysis market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035, backed by the growing number of hospitals and overall expenditure on healthcare in the region. Also, the high number of patients suffering from chronic diseases and increasing hospital visits are other anticipated growth factors of the market in the region. According to the Centers for Medicare & Medicaid Services, in the year 2020, the National Health Expenditure (NHE), grew by ~9.7% to approximately USD 4.1 trillion which accounted for 19.7% of Gross Domestic Product (GDP) in United States.

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Market Segmentation

Our in-depth analysis of the global hemodialysis and peritoneal dialysis market includes the following segments:

      By Products

  • Machines
  • Dialyzers
  • Bloodlines
  • Concentrates
  • Catheters
  • Consumables

      By Types

  • Conventional
  • Daily
  • Nocturnal

       By End-User

  • Hospitals
  • Dialysis Centers
  • Home Care Settings

Top Featured Companies Dominating the Global Hemodialysis and Peritoneal Dialysis Market

  • Baxter Healthcare Corporation

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • B. Braun Melsungen AG
  • Rockwell Medical, Inc.
  • Medtronic plc
  • Asahi Kasei Medical Co., Ltd.
  • Nipro Medical Corporation
  • DaVita Inc.
  • Becton, Dickinson and Company (BD)
  • Nikkiso Co., Ltd.
  • Fresenius Medical Care AG & Co. KGaA

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