The global dialysis equipment market is anticipated to grow with a significant CAGR of 6.1%, during the forecast period. Generally, dialysis is needed when end-stage kidney failure is developed, by this time the patient loses about 85-90% of their kidney function and has a GFR (Glomerular filtration rate) of less than 15. Dialysis equipment uses a special fluid containing a mixture of pure water and chemicals to carefully eliminate the toxins from the patient’s blood. There are many pivotal factors that are contributing significantly to the growth of the dialysis market, which includes technological advancement, rising geriatric population, significant investment in R&D programs, and patient preference for dialysis over renal transplants. The dialysis equipment market has growth opportunities with innovations in new product development, such as the introduction of portable dialysis systems and wearable kidney devices. However, government regulations and limited reimbursements for dialysis are major restraining factors for market growth. High costs of dialysis treatment are also limiting the growth of the market.
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Market Segmentation
Global Dialysis Equipment Market by Equipment Type
- Continuous Renal Replacement Therapy (CRRT)
- Peritoneal Dialysis
- Hemodialysis
Global Dialysis Equipment Market by End User
- Ambulatory Services
- Home Care
- In-Center Dialysis Settings
- Hospitals
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