Renal Dialysis Market Size Is Set To Grow By USD 64.3 Billion From 2024-2028, Increasing Prevalence Of Kidney Diseases Boost The Market, Technavio

Get a detailed analysis on regions, market segments, customer landscape, and companies-
View the snapshot of this report

Market Driver

Peritoneal dialysis is a growing treatment option for managing kidney failure by cleaning waste fluid from the blood. This process involves placing a catheter into the abdominal cavity and using a dialysate solution. The solution can be commercially available or homemade using isotonic crystalloid solutions. Training is essential for patients to perform exchanges, maintain sterility, and manage catheter care. Indications include severe metabolic disturbances like hepatic encephalopathy and metabolic acidosis. Peritoneal dialysis's increasing popularity stems from its affordability and convenience, with over 10% of dialysis patients opting for this method. Technological advances include the development of automated peritoneal dialysis (APD) using programmable machines and advanced dialysis solutions with neutral pH and low glucose degradation products. The availability of these homecare solutions is fueling market growth during the forecast period.

The kidney dialysis industry is experiencing significant growth due to the rising prevalence of kidney diseases, particularly among the aging population and those with diabetes and hypertension. Trends in the market include peritoneal dialysis and portable equipment for increased patient convenience. Technological advancements have led to the development of external blood-cleansing devices and innovative technologies for immune-mediated illnesses. Public healthcare spending and awareness campaigns aim to increase access to dialysis for those in need. Kidney damage from waste build-up due to kidney diseases can lead to high blood pressure, heart disease, stroke, and early death. In the US, over 37 million Americans have chronic kidney disease (CKD), with non-Hispanic Black adults, non-Hispanic Asian adults, and adult Hispanics disproportionately affected. Medical professionals are working to improve the CKD Surveillance System and meet Healthy People objectives through Primary and Secondary Dialysis, including hemodialysis, renal replacement fluids, dialysis machines, dialyzers, and dialysis concentrates. The industrialized world and developing world both face challenges in providing affordable dialysis options, with kidney transplantation remaining the ideal long-term solution for many patients.

Discover 360° analysis of this market. For complete information, schedule your consultation -
Book Here!

Market
Challenges

• The global renal dialysis market faces significant challenges due to the high cost of treatment for end-stage renal disease (ESRD) patients, particularly in low- and middle-income countries. ESRD is a chronic condition that requires frequent and costly dialysis treatments, which can be financially burdensome even for well-established economies. The direct medical costs of dialysis include expenses for staffing, physician fees, dialyzers, tubing, solutions, hospitalization, and capital costs for hemodialysis machines and peritoneal dialysis. Direct non-medical costs consist of facilities, utilities, building costs, and other overhead expenses. Intangible costs include the impact on quality of life, pain, and suffering, while indirect costs involve productivity losses. However, intangible and indirect costs are often overlooked in economic evaluations. In high-income countries, hemodialysis is more expensive than peritoneal dialysis. The escalating costs of renal disease treatment are expected to hinder the growth of the global renal dialysis market, especially in lower-middle-income countries where the majority of the world's population resides. Government policies regarding insurance coverage and reimbursement for ESRD vary significantly from country to country, further complicating the market landscape.
• The Renal Dialysis Market faces significant challenges due to the increasing prevalence of renal diseases, particularly chronic kidney disease (CKD), in both the industrialized and developing worlds. CKD is a degenerative disorder affecting millions, with over 800 million people estimated to live with the condition globally. In the US, over 15% of the population, including non-Hispanic Black, White, Asian adults, and adult Hispanics, are affected. CKD leads to kidney damage, resulting in the build-up of waste products in the body, increasing the risk of high blood pressure, heart disease, stroke, and early death. Medical professionals are working to improve CKD surveillance and meet Healthy People objectives through innovative technologies like Primary and Secondary Dialysis. Key products in the Dialysis Market include hemodialysis machines, such as the 4008A, renal replacement fluids, dialysis machines, dialyzers, and dialysis concentrates, as well as dialysis catheters. Obesity and diabetes mellitus are major risk factors for CKD, making population health management crucial.

For more insights on driver and challenges
-
Request a
sample report!

Segment Overview

This renal dialysis market report extensively covers market segmentation by