The global dialysis equipment market is anticipated to grow at a considerable CAGR of 10.7% during the forecast period. The COVID-19 disease has a significant death rate among the elderly and people with chronic diseases such as chronic kidney disease (CKD). According to the Centers for Disease Control and Prevention (CDC), the chronic renal disease affects roughly 15% of adults in the US in 2019. Furthermore, patients with pre-existing CKD were thought to be particularly vulnerable to COVID-19 in the US. For instance, a study published in the American Journal of Kidney Diseases 2020 by Jennifer E Flythe et al. found that individuals with underlying kidney illness and severe COVID-19 have a significant mortality rate. According to the findings of a study published in JAMA Journal 2020 by Pietro Ravani et al., the incidence rate of stage IV chronic renal disease increased with increasing age. The risk of death was substantially higher for people aged 75 and up than the chance of kidney failure. In the next years, the high prevalence of chronic kidney disease is predicted to enhance the market, increasing the demand for dialysis equipment.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For instance, The TANKER Foundation’s Thiruverkadu, Ambattur, and Nungambakkam units each received three dialysis machines in March 2021. Fresenius Medical Care North America (FMCNA) and DaVita Kidney Care announced in March 2021 that they will expand their relationship to supplying home dialysis technology, including NxStage home hemodialysis (HHD) machines, dialysis supplies, and a linked health platform. Similarly, the first and only pediatric and neonatal acute dialysis system was launched in the US by Medtronic PLC in December 2020.
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Market Coverage
Segment Covered-
- By Equipment Type
- By End-Users
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Baxter International Inc., Nikkiso Group, and Asahi Kasei Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Dialysis Equipment Market Report Segment
By Equipment Type
- Renal Replacement Therapy (CRRT)
- Peritoneal Dialysis
- Hemodialysis
By End-Users
- Ambulatory Services
- Home Care
- In-Center Dialysis Settings
- Hospitals
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