Haemodialysis Equipment Market Size Share Analysis 2022-2029

Haemodialysis Equipment Market Size Share Analysis 2022-2029

Haemodialysis Equipment Market is expected to grow at a CAGR of 4.5% during the forecasting period (2022-2029).

2021-03-11

Increasing ESRD Prevalence Population

Increasing ESRD (End-Stage Renal Disease) patients is one of the major factors driving the global hemodialysis equipment market. The number of ESRD patients is increasing approximately by 6% per year. In 2019, there were around 3.7 million patients being treated for ESRD globally.

Out of those 3.7 million patients, almost 3 million were undergoing dialysis treatment (either hemodialysis or peritoneal dialysis), and around 750,000 were living with kidney transplants. 

According to the National Institutes Of Health, in 2016, 329,000 patients in the EU received a Hemodialysis treatment and expected to reach 348000 by 2020. In 2015, more than 661,000 Americans had kidney failure. Of these, 468,000 individuals are on dialysis, and roughly 193,000 live with a functioning kidney transplant. 

Among the patients with end-stage renal disease, about 90% of patients require hemodialysis three times a week while 9% of the patients adopt home peritoneal dialysis.

In 2015, end-stage renal disease (ESRD) cases were approximately 703,243 in the US. For the treatment of this disease, most patients and their providers use an array of products produced by the hemodialysis equipment and supplies industry.

ESRD is in rising across the globe,  for instance, in 2016, Taiwan showed the highest ESRD prevalence (3,492 per million population – pmp) and by 2017 it grew up to 3,490 pmp, followed by Japan (2,720 pmp) and the US (2,180 pmp)

Market Opportunities

With future expansion, collaboration, acquisitions major companies have increased opportunities by boosting employment from growing demand for Hemodialysis Equipment. 

Major manufacturers are developing partnerships with healthcare organizations, including hospitals and payers, to enhance customer support. This will increase the long-term growth of the company in the next few years. Additionally, development of user-friendly and low-cost dialysis products can provide opportunities to the global hemodialysis equipment market.

For instance, Baxter’s new Amia PD cycleris a compact, lightweight equipment that connects patient and caregiver. Its new Share Source system is like a GPS that helps staff monitor patients while on the cycler. Growing preference for home dialysis treatment. Because it is cost saving & time saving technology. End-stage renal disease (ESRD) affects 600,000 Americans, striking over 120,000 people a year, and most of these patients require renal replacement therapy, such as hemodialysis. But just under 2% of patients do home hemodialysis (HHD) today, but a growing number of companies are betting that this number could increase substantially. Bad Homburg, Germany-based dialysis giant Fresenius on February 20th stated that it was $2bn deal to acquire US-based home dialysis equipment maker NxStage Medical Inc. whose FDA-cleared Solo system allows patients to perform their own HHD without a care partner. Similarly, Baxter is striving to raise its revenue share of hemodialysis for application in home-care settings.

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Email: [email protected]
Tel: +1 877 441 4866

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