Global Renal Dialysis Equipment Market Size (2024 - 2029)

Renal Dialysis Equipment Market Analysis

The Global Renal Dialysis Equipment Market size is estimated at USD 21.23 billion in 2024, and is expected to reach USD 27.75 billion by 2029, growing at a CAGR of 5.5% during the forecast period (2024-2029).

The COVID-19 pandemic had an impact on the healthcare sector. People affected by the COVID-19 pandemic were found to develop kidney diseases and other chronic conditions. According to a Johns Hopkins University article on the impact of COVID-19 on kidney diseases updated in March 2022, some people infected with COVID-19 showed signs of kidney damage, and even those with no prior kidney problems were infected. Furthermore, approximately 30% of COVID-19 patients hospitalized in New York and China developed moderate or severe kidney injury. Atypical blood work and high protein levels in the urine were signs of kidney problems in COVID-19 patients, leading to kidney damage and the need for dialysis in some cases. For severe cases, patient recovery took six weeks or more. About 1% of infected patients died from the disease. Thus, COVID-19 had a profound impact on the market studied.

Some factors driving the market growth include the rise in the number of end-stage renal disease patients (ESRD), growing demand for peritoneal dialysis, rise in cost-effective and accurate portable dialysis apparatus, and advanced technologies.

There has been an increase in the incidence of renal diseases, such as kidney diseases, in developed and developing countries. Dialysis is referred to patients with an end-stage renal disorder (ESRD) or chronic kidney disease. According to an article titled 'A Cross-Sectional Assessment of Urinary Tract Infections Among Geriatric Patients: Prevalence, Medication Regimen Complexity, and Factors Associated With Treatment Outcomes' published in the journal of Frontiers in public Health in October 2021, about 7 million outpatient visits, 1 million emergency outpatient visits, and 100,000 hospitalizations were due to urinary tract infections, accounting for about 25% of all infectious diseases in the elderly each year.

As per the article titled 'Epidemiology of chronic kidney disease: an update 2022' published in the journal of Kidney International Supplements in April 2022, chronic kidney disease, a progressive condition, has affected over 10% of the general population worldwide till date, accounting for more than 800 million individuals. The large volume of the population affected by kidney diseases in the world is likely to add to the growth of the renal dialysis equipment market over the forecast period.

The renal dialysis equipment market is expected to show good growth due to the expanding number of dialysis centers, growth in research and development expenditure for developing new dialysis products, and increasing end-stage renal diseases. In November 2021, Fresenius Medical Care showcased new digitalized options that enable patients with end-stage kidney disease to perform dialysis in the comfort of their own homes, including the 5008S hemodialysis (HD) machine and a new automated peritoneal dialysis (APD) machine.

However, factors such as complications and risks associated with dialysis and reimbursement issues may impede the market growth over the forecast period.

Renal Dialysis Equipment Industry Segmentation

As per the scope of the report, renal dialysis equipment refers to the machines and apparatus used in the process that can temporarily replace the function of the kidney while patients await a transplant. Renal dialysis is an artificial method of maintaining the chemical balance of the blood when the kidneys have failed. The global renal dialysis equipment market is segmented by product (hemodialysis (HD) equipment, peritoneal dialysis (PD) equipment, concentrates and solutions, catheters and tubings, and other products), application (hemodialysis, and peritoneal dialysis), end user (in-center dialysis settings, and home care settings), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD million) for the above-mentioned segments.