The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s dialysis devices and equipment market report forecasts the dialysis devices and equipment market size to grow to $6.12 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Dialysis Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/dialysis-devices-and-equipment-global-market-report

Dialysis Devices And Equipment Market Size Forecast

The global dialysis devices and equipment market is expected to grow from $4.72 billion in 2022 to $5.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dialysis devices and equipment market size is expected to grow to $6.12 billion in 2027 at a CAGR of 5.1%.

Asia-Pacific held the largest dialysis devices and equipment market share.

Key Dialysis Devices And Equipment Market Driver ­– Increase In The Prevalence Of Kidney Failure

According to the National kidney Foundation, in 2021, kidney disease affects 37 million people in the US and 90% of the patients are unaware about it. 2 in 5 adults who had serious kidney disease didn’t know that they had it.

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Key Dialysis Devices And Equipment Market Trend – Developing Innovative Products

The latest trend in the dialysis devices and equipment market is the use of technology to develop innovative products that can enhance functionality. To enhance the quality of the devices, new methods are being developed to speed up the process of filtering the blood and improve the overall filtration process. As a result of improved technology products like Revaclear High-Flux Dialyzer by Baxter, which enhances the filtration process of the blood by improving the speed at which the blood is filtered are being developed. Revaclear dialyzers are devices that can help detect renal failure by hemodialysis. With the improvement in technology, innovations in the devices are expected to continue.

Dialysis Devices And Equipment Market Segment

1) By Product: Hemodialysis Devices, Peritoneal Dialysis Devices

2) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings

3) By Application: Serum And Blood Treatment, Virus Purification, Drug Binding Studies, Other Applications

Dialysis Devices And Equipment Market Major Players and Strategies

Major players in the dialysis devices and equipment market are Fresenius Medical Care AG & Co. KGaA, Baxter International, Nikkiso Co. Ltd., DaVita Inc., B. Braun Avitum AG, NxStage Medical, Asahi Kasei Corporation, Diaverum Deutschland GmbH, Medivators Inc., and Nipro Corporation.

In April 2022, Baxter International received FDA clearance for its ST Set in-hospital dialysis machine. The company had filed an emergency use authorization request back in August 2020. Such approvals by FDA positively impact the global dialysis devices market.

In September 2022, W.L. Gore & Associates, a US-based material science company, acquired InnAVasc Medical for an undisclosed amount. The acquisition strengthens the company’s ambition to improve the patients’ lives and providing innovative treatment to them. InnAVasc is a US-based medical technology company developing treatment to ease the dialysis patients.

The Dialysis Devices And Equipment Global Market Report 2023 covers regional data on dialysis devices and equipment market size, dialysis devices and equipment market trends and drivers, opportunities, strategies, and dialysis devices and equipment market competitor analysis. The countries covered in the dialysis devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Dialysis devices and equipment are used to filter a patient’s blood by removing waste products such as urea, creatinine, and excess water when kidneys fail or are damaged, dysfunctional, or missing.

View More Reports Related To The Dialysis Devices And Equipment Market –

Hemodialysis And Peritoneal Dialysis Global Market Report 2023

Medical Equipment Global Market Report 2023

Nephrology And Urology Devices Global Market Report 2023

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