Wilmington, Delaware, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Global Renal Dialysis Market was valued at US$ 76.5 billion in 2023 and is expected to grow at a significant CAGR of over 9.8% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
Chronic kidney disease (CKD) is a global health concern, with an increasing number of persons being diagnosed. This is frequently attributed to ageing populations, an increase in diabetes and hypertension cases, and lifestyle variables such as poor food and lack of exercise. As CKD worsens, many patients require renal dialysis to stay alive.
As countries invest in healthcare infrastructure and services, more people have access to dialysis facilities and treatment. This enhanced accessibility propels the renal dialysis market forward.
- According to a deep-dive market assessment by RationalStat, the global renal dialysis market has been analyzed on the basis of market segments, including type, application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global renal dialysis market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global renal dialysis market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Renal Dialysis Market: Segmental and Market Share Analysis
- On the basis of application, the hemodialysis segment is the most important contributor to the dialysis market's growth. The clinical benefits of hemodialysis are driving the demand for this technique.
Report Synopsis
Report Metrics | Details |
Base Year | 2023 |
Forecast Period | 2023-2030 |
Base Year Market Size | US$ 76.5 billion |
Market Size Forecast | US$ 133.8 billion |
Growth Rate | 9.8% |
Key Market Drivers |
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Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global renal dialysis market include,
- In July 2023, The Cornell University Hospital for Animals launched a novel new service for pets: the use of external blood-cleansing devices. This opens the door for dialysis to be used in the treatment of animal renal insufficiency and immune-mediated disease.
- In February 2023, Daprodustat (Jesduvroq), which has been approved by the US Food and Drug Administration, is now available orally for people who have been on dialysis for at least four months.
Some of the prominent players and suppliers operating and contributing significantly to the global renal dialysis market growth include Fresenius Kabi AG, Baxter International, Inc., Nipro Corporation, Braun Melsungen AG, Nikkiso Co. Ltd, Asahi Kasei Corporation, Medtronic PLC, Rockwell Medical, Teleflex Incorporated, and Toray Medical Co. Ltd, among others.
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RationalStat has segmented the global renal dialysis market based on type, application and region
- Global Renal Dialysis Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Hemodialysis (HD) Equipment
- Peritoneal Dialysis (PD) Equipment
- Concentrates and Solutions
- Catheters and Tubing’s
- Others
- Global Renal Dialysis Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Hemodialysis
- Peritoneal Dialysis
- Global Renal Dialysis Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Renal Dialysis Market
- US
- Canada
- Latin America Renal Dialysis Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Renal Dialysis Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Renal Dialysis Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Renal Dialysis Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Renal Dialysis Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Renal Dialysis Market
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Key Questions Answered in the Renal Dialysis Report:
- What will be the market value of the global renal dialysis market by 2030?
- What is the market size of the global renal dialysis market?
- What are the market drivers of the global renal dialysis market?
- What are the key trends in the global renal dialysis market?
- Which is the leading region in the global renal dialysis market?
- What are the major companies operating in the global renal dialysis market?
- What are the market shares by key segments in the global renal dialysis market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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