Hemodialysis Equipment Market Introduction and Overview
According to SPER Market Research, the Global Hemodialysis Equipment Market is estimated to reach USD 23.64 billion by 2033 with a CAGR of 4.74%.
The report includes an in-depth analysis of the Global Hemodialysis Equipment Market, including market size and trends, product mix, distribution channels, and supplier analysis. Hemodialysis equipment is a critical piece of medical equipment used to treat patients with kidney failure or end-stage renal disease (ESRD). It is a cutting-edge technology that mimics the kidney's basic activities, such as removing waste and excess fluids from the blood. A dialyzer, blood tubing, and a dialysis machine are the main components of hemodialysis equipment. Hemodialysis is a process that cleans the blood of a patient whose kidneys aren't functioning properly. This kind of dialysis carries out the extracorporeal waste item evacuation when the kidneys are in a state of renal failure. With the right care and medication, the individual receiving this dialysis may be able to perform certain kidney functions and live a longer life.
- Technological Advancements: Advancements in hemodialysis technology have led to improved efficiency, safety, and patient comfort. Innovative dialysis machines, hemodialyzers, and associated equipment with features like online monitoring, automated processes, and improved biocompatibility contribute to market growth.
- Growing Aging Population: The global aging population is a significant contributor to the growth of the hemodialysis equipment market. Elderly individuals are more susceptible to kidney-related diseases, including chronic kidney disease (CKD) and ESRD.
Market Opportunities and Challenges
Numerous variables create opportunities in the Hemodialysis Equipment Market. Growing awareness about kidney diseases, early diagnosis, and regular screening programs have led to higher detection rates of CKD and ESRD. Timely diagnosis allows for timely intervention, including the need for hemodialysis treatment, thereby driving the demand for hemodialysis equipment. The establishment of dialysis centres and the availability of hemodialysis services in both urban and rural areas contribute to market growth. The increasing number of dialysis centres provides greater access to hemodialysis treatment and drives the demand for hemodialysis equipment.
However, the market encounter some difficulties. Hemodialysis equipment and associated consumables can be costly, making it challenging for patients, especially those from lower-income backgrounds, to afford the treatment. The high cost of equipment, maintenance, and supplies can limit access to hemodialysis, particularly in resource-constrained regions. The availability of hemodialysis facilities and trained healthcare professionals can be limited in some areas, particularly in rural or underserved regions. The lack of adequate healthcare infrastructure, including dialysis centres and skilled personnel, poses a challenge to providing hemodialysis services to those in need.
Market Competitive Landscape
The hemodialysis equipment market is highly competitive, with various key players vying for market share. The competitive landscape is characterized by the presence of established multinational companies as well as smaller regional players. Additionally, mergers and acquisitions, partnerships, and collaborations are common strategies employed by key players to strengthen their market position and expand their product portfolios. Here are some of the prominent companies operating in the hemodialysis equipment market: Asahi Kasei Corporation, Baxter International Inc, Braun Melsungen AG, Fresenius Kabi AG, JMS Co., Ltd., Nikkiso Co., Ltd., NIPRO CORPORATION, TORAY INDUSTRIES, INC., Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Product, By End-User
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Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Asahi Kasei Corporation, Baxter International Inc, Braun Melsungen AG, Fresenius Kabi AG, JMS Co., Ltd., Nikkiso Co., Ltd., NIPRO CORPORATION, TORAY INDUSTRIES, INC., Others. |
COVID-19 Impact on Global Hemodialysis Equipment Market
The market for Hemodialysis Equipment Market has been significantly impacted by the COVID-19 outbreak. COVID-19 has resulted in an increased number of patients with severe respiratory illnesses requiring intensive care, including those with acute kidney injury (AKI). This has led to a higher demand for hemodialysis equipment in hospitals and intensive care units to provide renal replacement therapy for critically ill patients. However, During the height of the pandemic, many healthcare systems postponed or cancelled elective procedures, including non-urgent dialysis treatments. This reduction in elective procedures affected the demand for hemodialysis equipment, particularly in outpatient and dialysis centre settings.
Key Target Audience:
- Dialysis Technicians and Nurses
- Government and Regulatory Bodies
- Hospitals and Healthcare Facilities
- Medical Device Manufacturers and Suppliers
- Nephrologists and Renal Care Specialists
- Patients and Patient Advocacy Groups
- Purchasing and Procurement Managers
- Others
Our in-depth analysis of the Hemodialysis Equipment Market includes the following segments:
By Product:
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Hemodialysis Machines
Hemodialysis Consumables
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By End-User:
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Hospitals
Home Dialysis
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Key Topics Covered in the Report:
- Global Hemodialysis Equipment Market Size (FY’2023-FY’2033)
- Overview of Global Hemodialysis Equipment Market
- Segmentation of Global Hemodialysis Equipment Market By Product (Hemodialysis Machines, Hemodialysis Consumables)
- Segmentation of Global Hemodialysis Equipment Market By End-User (Hospitals, Independent Dialysis Centres, Home Dialysis)
- Statistical Snap of Global Hemodialysis Equipment Market
- Expansion Analysis of Global Hemodialysis Equipment Market Problems and Obstacles in Global Hemodialysis Equipment Market
- Competitive Landscape in the Global Hemodialysis Equipment Market
- Impact of COVID-19 and Demonetization on Global Hemodialysis Equipment Market
- Details on Current Investment in Global Hemodialysis Equipment Market
- Competitive Analysis of Global Hemodialysis Equipment Market
- Prominent Players in the Global Hemodialysis Equipment Market
- SWOT Analysis of Global Hemodialysis Equipment Market
- Global Hemodialysis Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Hemodialysis Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Hemodialysis Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Hemodialysis Equipment Market
7. Global Hemodialysis Equipment Market, By Product (USD Million)
7.1. Global Hemodialysis Equipment Market Value Share and Forecast, By Product, 2023-2033
7.2. Hemodialysis Machines
7.3. Hemodialysis Consumables
8. Global Hemodialysis Equipment Market, By End-User (USD Million)
8.1. Global Hemodialysis Equipment Market Value Share and Forecast, By End-User, 2023-2033
8.2. Hospitals
8.3. Independent Dialysis Centres
8.4. Home Dialysis
9. Global Hemodialysis Equipment Market Forecast, 2019-2033 (USD Million)
9.1. Global Hemodialysis Equipment Market Size and Market Share
10. Global Hemodialysis Equipment Market, By Product, 2019-2033 (USD Million)
10.1. Global Hemodialysis Equipment Market Size and Market Share By Product (2019-2026)
10.2. Global Hemodialysis Equipment Market Size and Market Share By Product (2027-2033)
11. Global Hemodialysis Equipment Market, By End-User, 2019-2033 (USD Million)
11.1. Global Hemodialysis Equipment Market Size and Market Share By End-User (2019-2026)
11.2. Global Hemodialysis Equipment Market Size and Market Share By End-User (2027-2033)
12. Global Hemodialysis Equipment Market, By Region, 2019-2033 (USD Million)
12.1. Global Hemodialysis Equipment Market Size and Market Share By Region (2019-2026)
12.2. Global Hemodialysis Equipment Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Asahi Kasei Corporation
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Baxter International Inc
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Braun Melsungen AG
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Fresenius Kabi AG
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. JMS Co., Ltd.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Nikkiso Co., Ltd.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. NIPRO CORPORATION
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. TORAY INDUSTRIES, INC.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.