The global dialysis equipment market is anticipated to grow at a significant CAGR of 10.7% during the forecast period. The market is expected to continue the growth trend due to the increasing prevalence of osteoporosis in postmenopausal women and the rising geriatric population is estimated to be the major factor that is augmenting the demand for the medical bone densitometers. Furthermore, increasing awareness among consumers regarding early diagnosis, the rising pool of patients suffering from arthritis and vitamin D deficiency, and increasing interest in the measurement of bone density are also estimated to be one of the major factors that are driving the growth of the market. However, certain factors are hindering the growth of the market across the globe. The high cost of bone densitometers is estimated to be the major constraint in the growth of the market. Except for these petty restraints, the global bone densitometers market is yet to explore its full potential in the market. Increasing demand for bone densitometers from emerging economies (such as India, Brazil, and China) and technological advancements in bone densitometers are developing numerous growth opportunities for the growth of the market in the future.

Impact of COVID-19 Pandemic on Global Dialysis Equipment Market

The COVID-19 pandemic has had a considerable impact on the dialysis equipment market. Some persons infected with COVID-19 exhibited evidence of kidney impairment, according to Johns Hopkins University, and even those who had no past kidney problems were infected. Furthermore, about 30% of COVID-19 patients admitted to hospitals in New York and China experienced moderate or severe kidney injury. In COVID-19 patients, abnormal blood work and high protein levels in the urine are symptoms of kidney issues, which can lead to kidney damage and the need for dialysis in some circumstances. People on dialysis may be at a higher risk of serious disease from COVID-19, according to the National Kidney Foundation Inc. In severe circumstances, the patient's recuperation could take up to six weeks. Around 1% of infected patients can die from the disease. 

Segmental Outlook 

The global dialysis equipment market is segmented based on equipment type and end-user. Based on equipment type, the market is segmented into continuous renal replacement therapy (CRRT), peritoneal dialysis, and hemodialysis. The hemodialysis equipment segment is anticipated to grow with a considerable growth rate in the market during the forecast period. This growth is accredited to the several advantageous features of this process, such as self-administrable and needleless treatment. The hemodialysis equipment segment is sub-segmented into vascular access devices, tunneled hemodialysis catheters, concentrates and solutions, bloodline systems, dialyzers and filters, and hemodialysis machines. Based on end-user, the market is segmented into ambulatory services, homecare, in-center dialysis settings, and hospitals. 

Global Dialysis Equipment Market Share by End-Users, 2021 (%)

The Hospital Sub-Segment is Anticipated to Hold Prominent Share in the Global Dialysis Equipment Market

The hospital sub-segment is expected to hold a prominent share. This is due to several factors, such as the availability of trained professionals in hospitals that gain more trust of the patients for the dialysis and accessibility to a medical care facility in case anything went wrong during the dialysis process. The home care segment will grow in the market during the forecast period due to the patients rising need to cure diseases in the comfort of their homes. Additionally, companies are investing heavily to make dialysis equipment patient-friendly so that it can be used by them in their homes. The US administration is working to reduce reliance on dialysis centers which will open new opportunities for device makers in the business of in-home care, which in turn, will drive the home care segment in the market.

Regional Outlooks

The global dialysis equipment market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to considerable growth during the forecast period. Heavy investments in R&D and government aim to overhaul kidney disease care are fueling the market growth in this region. Factors such as the high prevalence of renal diseases and an increase in the aging population are further contributing to the growth of the global dialysis equipment market. 

Global Dialysis Equipment Market Growth, by Region 2022-2028

The Asia Pacific Region is Expected to Hold a Prominent Share in the Global Dialysis Equipment Market

The Asia Pacific region is expected to hold a prominent share in the global dialysis equipment market owing to a huge patient pool and improving healthcare infrastructure. Increasing incidences of renal diabetes and obesity in this region are some other factors contributing significantly to market growth. Government funding and increasing awareness regarding kidney-related disorders in countries, such as India and China, are considered growth factors for the market in Asia-Pacific. Moreover, the innovations and R&D in portable dialysis systems offer a great opportunity for the market in the region. 

Market Players Outlook

The major companies serving the global dialysis equipment market include Baxter International Inc., Nikkiso Group, and Asahi Kasei Corp among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2019, Fesenscius Medical Care launched a 4008A dialysis machine in China. The product is designed to incorporate Fresenius Medical Care’s high-quality standards while reducing costs for health care systems. With the launch of the 4008A, the company aimed to bring quality life-sustaining dialysis treatment to more patients in China who are suffering from end-stage renal disease (ESRD).

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global dialysis equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.