Globally, the growing burden of chronic diseases like diabetes, hypertension, the rising incidence of ESRD globally are anticipated to accelerate the demand for renal care, further propelling the adoption of hemodialysis and peritoneal dialysis products and services.

The report Hemodialysis and Peritoneal Dialysis Market is forecasted to grow significantly, reaching USD 126.2 billion by 2029 from USD 92.0 billion in 2024, at a CAGR of 6.5%.

The comprehensive report on this market includes 361 data tables, 54 figures, and spans 304 pages.

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Key Drivers of Market Growth

1. Increasing Chronic Diseases: The rise in chronic diseases like diabetes and hypertension, coupled with the increasing incidence of End-Stage Renal Disease (ESRD), is driving the demand for renal care. This is boosting the adoption of both hemodialysis and peritoneal dialysis products and services.
2. Technological Advancements: Innovations in dialysis machines, development of biocompatible membranes, and the availability of portable and home-based dialysis equipment are propelling market growth.
3. Home Dialysis: There is a growing preference for home dialysis due to its advantages over in-center treatments, such as convenience and better quality of life. This trend is expected to continue driving market expansion.
4. Investment in New Products: Increased investments in the development of new dialysis products and technologies are also contributing to market growth.

Challenges to Market Growth

1. Vascular Complications: Dialysis procedures can lead to vascular complications, which remain a significant challenge.
2. Affordability and Reimbursement Issues: In many countries, inadequate reimbursement policies and the high cost of dialysis treatments limit patient access and affordability, potentially hindering market growth.

Market Segmentation

The hemodialysis market is divided into products and services. Hemodialysis products include machines and consumables like bloodlines, catheters, and dialyzers. Hemodialysis services encompass in-center and home-based services. The hemodialysis services segment is expected to hold the largest market share by 2023 and continue growing, driven by the increasing number of ESRD patients and the expansion of service providers.

For instance, DaVita Inc., a leading hemodialysis service provider, announced the expansion of its operations in Latin America in March 2024, highlighting the growing focus on expanding services.

Regional Insights

• Asia-Pacific (APAC): The APAC region is projected to experience the highest growth rate. Factors contributing to this include an aging population, rising chronic kidney disease cases, improved healthcare infrastructure, and supportive government initiatives in countries like India and China. Additionally, the entry of new players and the geographical expansion of existing ones are expected to bolster market growth.
• North America and Europe: These regions continue to be significant markets due to established healthcare systems and high prevalence of chronic diseases.

Leading Market Players

As of 2023, the market is dominated by key players including:

• Fresenius Medical Care AG & Co. KGaA (Germany)
• Baxter International Inc. (US)
• Nipro Corporation (Japan)
• NIKKISO CO., LTD. (Japan)
• B. Braun Melsungen AG (Germany)
• Asahi Kasei Corporation (Japan)
• DaVita Inc. (US)

These companies are at the forefront of innovation and service provision in the hemodialysis and peritoneal dialysis market.

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Recent Developments:

• In July 2023, Rockwell Medical acquired the hemodialysis concentrates business from Evoqua Water Technologies, strengthening its presence in the hemodialysis market.
• In January 2022, Nextkidney BV acquired Dialyss Pte Ltd, enhancing its technology capabilities in home hemodialysis
• In March 2021, DaVita Inc. signed an agreement with Fresenius Medical Care AG & Co. KGaA for the expansion of the usage of NxStage Home Hemodialysis Machines

Conclusion

The hemodialysis and peritoneal dialysis market is poised for robust growth, driven by technological advancements, rising chronic disease prevalence, and increasing preference for home-based treatments. Despite challenges like vascular complications and affordability issues, the market’s outlook remains positive, with significant growth expected, particularly in the APAC region.