The Global Kidney Dialysis Equipment Market Growth is Accelerated by Increasing Prevalence of Kidney Diseases

 Kidney dialysis equipment is used for filtration and purification of blood of patients suffering from kidney failure or whose kidneys are not functioning properly. It helps in removing waste and excess fluid from the blood and helps maintain fluid levels in the body.

The global kidney dialysis equipment market is estimated to be valued at US$ 16,874.5 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Growing prevalence of kidney diseases such as chronic kidney disease, diabetic kidney disease, and hypertension-induced kidney disease has significantly contributed to the increasing demand for kidney dialysis equipment. Chronic kidney disease is one of the major public health issues worldwide and is emerging as one of the prime causes of morbidity. According to the data by the National Kidney Foundation, approximately 37 million adults in the U.S. have CKD and over 90% of them do not know they have it. Growing prevalence of cases requiring kidney dialysis is the major factor driving growth of this market.

Segment Analysis
The global kidney dialysis equipment market is segmented based on product type and end use. Based on product type, the hemodialysis equipment segment dominated the market in 2023 and accounted for the largest revenue share. Hemodialysis equipment includes dialysis machines, water treatment systems, dialyzers, and others. It is extensively used for the treatment of end-stage renal disease. Based on end use, the dialysis centers segment accounted for the highest revenue share in 2023. The growth of this segment can be attributed to the increasing number of dialysis centers and preference for dialysis treatments at these centers.

Key Takeaways
The global kidney dialysis equipment market is expected to witness high growth over the forecast period of 2023 to 2030.

Regional analysis: North America accounted for the largest share of the global kidney dialysis equipment market in 2023. The region's dominance can be attributed to factors such as the high prevalence of end-stage renal disease, growing geriatric population, and strong presence of key players. According to the 2023 United States Renal Data System annual report, around 200,000 patients were receiving maintenance hemodialysis treatment in the US in 2023.

Key players: Key players operating in the kidney dialysis equipment market are Fresenius Medical Care AG & Co, Baxter International, Inc., Nipro Corporation, B. Braun Melsungen AG, Nikkiso Co, Ltd., Asahi Kasei Corporation, NxStage Medical, Inc., Guangdong Biolight Meditech Co., Ltd, Dialife SA, and DaVita Inc. Fresenius Medical Care AG & Co. accounted for the largest revenue share in 2023 owing to its wide product portfolio and global presence.

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