Hemodialysis Market Size to Reach USD 121.97 Billion in 2030 | Emergen Research

VANCOUVER, BC, Feb. 20, 2023 /PRNewswire/ -- The hemodialysis market size reached USD 83.50 Billion in 2021 and is expected to register a CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increase in financing and investments for better dialysis services and products is one of the main factors driving market revenue growth. For instance, NephroPlus, a provider of dialysis services, announced on 13 December 2021 that it has received a USD 24 million Series E round of funding to assist its growth in India and a few other foreign countries. Additionally, the medical device company Diality Inc. announced the conclusion of its USD 24 million Series B2 fundraising round on 7 March 2022 to assist future home clinic operations as well as FDA 510(k) application activities.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1560

Drivers:

Demand for hemodialysis has significantly increased over the years owing to rise in the number of End-Stage Renal Disease (ESRD) patients. End-Stage Renal Disease (ESRD), also known as End-Stage Kidney Disease (ESKD), affects around 786,000 individuals in the US, of whom 29% have received a kidney transplant and 71% are on dialysis. ESKD affects 3 men for every 2 women who have it. When the kidneys lose at least 90% of their functional capacity, dialysis is usually required. Acute kidney injury (AKI) and chronic kidney disease are both treated with dialysis to maintain homeostasis. Thus, increasing prevalence of kidney disorders is leading to more demand for hemodialysis.

Restraints:

There are numerous issues and difficulties facing the hemodialysis industry. Product recalls are one such factor. For instance, on 01 August 2022, a flaw that could result in serious damage or death led Covidien LLC (Medtronic) to recall more than 1 million Palindrome and Mahurkar Hemodialysis Catheters. It was classified as a Class 1 recall by the Food and Drug Administration. Furthermore, certain hemodialysis machines manufactured by Fresenius Medical Care are under investigation by the Food and Drug Administration (FDA) since they could introduce patients to polychlorinated hydrocarbon compounds, including PCBAs and NDL polychlorinated biphenyls (PCBs).

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1560

Growth Projections:

The hemodialysis market is expected to register a CAGR of 4.2% over the forecast period and revenue is projected to increase from USD 83.50 Billion in 2021 to USD 121.97 Billion in 2030. Currently, the application of home dialysis has seen a rise, which is aiding in market revenue growth. Home dialysis makes it much simpler for doctors to recommend personalized therapy without being constrained by an in-center schedule, which raises the demand for it. Various market players are using this to create advanced technologies. For instance, on 23 November 2022, medical technology firm called Nextkidney, operating in the Netherlands, reported that it has created Neokidney, the first portable hemodialysis system ever. Neokidney, which is in its last stages of development, will reportedly go on sale in the Netherlands by 2024.

Current Trends and Innovations:

The hemodialysis industry is undergoing gradual change as a result of new technology and innovations. For instance, numerous initiatives are being taken by the dialysis and healthcare sectors to reduce resource use and greenhouse gas emissions. To achieve the objective of Green Dialysis, organizations are addressing every aspect of more environmentally friendly techniques holistically, while also taking into account the consequences of persistent climate change on human well-being and the provision of healthcare. Many organizations have created systems that use less energy and generate less waste. The design and usage of dialysis equipment that minimizes resource use and, ultimately, the dialysis treatment's carbon footprint is an essential first step toward more environmentally friendly dialysis.

Strategic Initiatives:

Major companies included in the market report are Asahi Kasei Corporation, B. Braun SE, Baxter, Medivators Inc., DaVita Inc., Fresenius SE & Co. KGaA, Nikkiso Co., Ltd., NIPRO, NxStage Medical, Inc., Diaverum.

• On 27 May 2022, in order to establish a separate medical technology company with a kidney health emphasis, Medtronic and DaVita Inc., a countrywide supplier of renal dialysis services, announced intentions to merge portions of their respective companies. The new company will provide kidney care services and products, notably potential home-based technologies, to increase patient access to various dialysis regimens.
• On 02 June 2021, Cantel Medical, a leading supplier of infection control products and services to dialysis, endoscopy, dentistry, and life sciences customers, was acquired by STERIS plc, which announced the completion of the previously announced transaction.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/hemodialysis-market

Scope of Research

Custom Requirements can be requested for this Report [Customization Available] @ https://www.emergenresearch.com/request-for-customization/1562

Emergen Research has segmented hemodialysis market on the basis of products & services, type, end-use, and region:

• Products & Services Outlook (Revenue, USD Billion; 2019–2030)
• Equipment
• Dialysis Machines
• Hemodialysis Water Treatment Systems
• Others
• Consumables
• Dialyzers
• Catheters
• Others
• Drugs
• Services
• Type Outlook (Revenue, USD Billion; 2019–2030)
• Conventional Hemodialysis
• Short Daily Hemodialysis/Daily Hemodialysis
• Nocturnal Hemodialysis
• End-Use Outlook (Revenue, USD Billion; 2019–2030)
• In-Center Dialysis
• Home Dialysis
• Regional Outlook (Revenue, USD Billion, 2019 - 2030)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Rest of LATAM
• Middle East & Africa
•  
• UAE
• Saudi Arabia
• Africa
• Rest of Middle East

Latest Research Reports Published by Emergen Research:

Content Delivery Network Market, By Component (Solutions and Services), By Content Type (Static and Dynamic), By Provider Type (Traditional CDN, Telco CDN, Cloud CDN, and Peer-to-Peer CDN), By Application, and By Region Forecast to 2032

Fiber Optic Connectors and Cables Market, By Product (Lucent Connector, Subscriber Connector, and Ferrule Core Connectors), By Mode (Single-mode and Multi-mode), By Application, By End-User, and By Region Forecast to 2032

Renal Denervation Market, By Technology (Radiofrequency, Ultrasound, Micro-infusion, and Others), By End-Use (Hospital, Specialty Clinics, and Others), and By Region Forecast to 2032

Human Papilloma Virus Testing and Pap Test Market, By Test Type (HPV Testing and Pap Smear Test), By Technology [Polymerase Chain Reaction (PCR) and Others], By Application, By End-Use, and By Region Forecast to 2032

Intelligent Process Automation Market, By Technology (Natural Language Processing, Neural Networks), By Component (Solution) By Application (Business Process Management), By End-Use (Telecom & IT, Healthcare), By Region Forecast to 2032

Baggage Handling System Market, By Technology [Barcode System and Radio Frequency Identification (RFID)], By Type, By Service, By Solution (Sorting & Conveying and Others), By Application, and By Region Forecast to 2032

Aircraft Antenna Market, By Aircraft Type (Fixed Wing and Rotary-Wing), By Frequency, By Application, By Installation, and By Region Forecast to 2032

Amyotrophic Lateral Sclerosis Market, By Type (Sporadic ALS and Familial ALS), By Treatment Type (Chemotherapy, Medication, and Others), By Diagnosis, By Symptoms, By Distribution Channel, By End-Use, and By Region Forecast to 2032

Personal Cloud Market, By User Type (Small and Medium Enterprises (SMEs) and Large Enterprises), By Revenue Type (Direct Revenue and Indirect Revenue), By Hosting Type (Consumer and Service Provider), and By Region Forecast to 2032

Carbon Neutrality Market, By Activity (Emissions Reduction and Renewable Energy Use), By Component (Solutions and Services), By Verticals (Manufacturing, Shipping & Logistics and Energy & Utilities), and By Region Forecast to 2032

About Emergen Research 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com 
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com 
Emergen Research Media Citations: https://www.emergenresearch.com/media-citations 
Visit for More Insights: https://www.emergenresearch.com/insights 
Press Release: https://www.emergenresearch.com/press-release/global-hemodialysis-market 
Explore Our Custom Intelligence services | Growth Consulting Services 
Trending Titles LiDAR Market | Metaverse Market

Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jp