According to the latest research by InsightAce Analytic, the global Dialysis Equipment market is valued at US$ 16.61 Billion in 2021, and it is expected to grow with a CAGR of 5.54% during a forecast period of 2022-2030. Dialysis equipment is referred to the machines that are used to filter a patient’s blood in situations like kidney damage, kidney failure, kidney dysfunction, and to remove excess waste products or impurities from kidneys. Dialysis equipment includes dialyzers and dialysis pumping machines, and other instruments used in the dialysis process, including blood pumps, catheters, and tubing kits. Dialysis machines are beneficial in the treatments of renal diseases.
The demand for dialysis equipment is enhancing as there is an increase in the number of patients suffering from renal issues. Therefore, high need of developing affordable, cost-effective, and portable dialysis equipment. Inventing user-friendly and affordable machines with minimal use of technicalities is the greatest challenge faced by the market and can only be dealing with the help of scientists and doing different trainings useful for the development of dialysis equipment.
Several market players are focusing on building a portable and easy to use dialysis machine. Outset Medical Inc, a US-based healthcare company has innovated ‘Tablo’ which makes use of the latest technology. Treatment data can easily be sent to cloud storage through wireless connectivity embedded in the machine. The real-time dialysis function of this machine has made treatment considerably faster. Innovation of such machines will help to grow the dialysis equipment market.
The dialysis equipment market can be segmented on the basis of products, dialysis types, end-users, and Regions. On the basis of products, the market can be divided into Standard Dialysis Equipment, Portable Device and Wearable Devices. On the basis of dialysis types, the market can be segmented into Hemodialysis and Peritoneal dialysis. Dialysis machines use hemodialysis to purify the blood and balance the constituents. Hemodialysis segment of the dialysis equipment market is expected to grow in the coming days. By end-users, the market is divided into Dialysis Centers, Home Care Settings, Hospitals and Research Laboratories. And on the basis of region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Out of these regions, North America is expected to dominate the market over the forecast period (2020-2030).
Some of the key Players of dialysis equipment market are Teleflex Incorporated, Hemoclean CO. LTD, Terumo Corporation, Rockwell Medical, Quanta Dialysis Technologies Ltd, Nanodialysis BV, Asahi Kasei Medical Co. Ltd. (A Subsidiary of Asahi Kasei Corporation), Nxstage Medical Inc., Mar Cor Purification Inc. (A Cantel Medical Company), Nikkiso Co. Ltd., AWAK Technologies, Diaverum Deutschland GmbH, Nipro Corporation, Baxter International Inc., B. Braun Melsungen AG, Fresenius Medical Care AG & Co. Ka., Davita Healthcare Partners Inc., HEMOCLEAN CO., LTD., Rockwell Medical and other prominent players.