Hemodialysis Equipment Market to Surge at 6.8% CAGR over 2023 to 2030; Launch of New and Improved Dialysis Equipment to Treat Various Diseases to Propel Market Growth

The global hemodialysis equipment market size stood at USD 13.91 billion in 2022. The market value is slated to rise from USD 14.12 billion in 2023 to USD 22.34 billion by 2030 at a CAGR of 6.8% during 2023-2030.

Fortune Business Insights™ presents this information in its report titled “Hemodialysis Equipment Market Size, Share & COVID-19 Impact Analysis, By Product (Hemodialysis Machines (In-center Hemodialysis Machines and Home Based Hemodialysis Machines) and Hemodialysis Consumables (Dialyzers, Dialysate, Access Products, and Others)), By End-user (Dialysis Center & Hospital and Home Healthcare), and Regional Forecast, 2023-2030”.

Hemodialysis is a critical medical process employed to purify the blood in individuals with kidney failure. The rising incidence of end-stage renal disease, caused by conditions such as excessive alcoholism, drug abuse, genetic disorders, high blood pressure, and other factors, is a significant driver of the hemodialysis market. 

Overburdened Healthcare Systems during Pandemic Impacted Industry Growth

A significant impact of the COVID-19 pandemic was observed on the market. The surge in severe COVID-19 cases strained healthcare systems, including the availability of ICU equipment. Hospitals were forced to allocate limited resources, including dialysis machines, to prioritize COVID-19 patients, which affected access to dialysis for other patients with kidney problems. These factors created a challenging environment for market players.

Baxter International Inc. Received Clearance for its Next-Generation Dialysis Machine to Facilitate Healthcare Treatment

In March 2021, Baxter International Inc. revealed that it had received clearance from the U.S. Food and Drug Administration (FDA) for its next-generation dialysis machine known as the Artificial Kidney 98 (AK 98). This portable and user-friendly system is designed for the administration of hemodialysis (HD) treatments.

Increasing Occurrence of Chronic Kidney Disorders to Propel Market Growth

The rising incidence of kidney syndromes, encompassing chronic kidney diseases and kidney failure, is a primary catalyst for the expanding adoption of hemodialysis equipment. Moreover, manufacturers are continuously introducing new and improved dialysis equipment to treat various diseases such as acute kidney injury. These innovations, coupled with new product launches, are stimulating market growth by offering better options for patients and healthcare providers.

However, the elevated expenses associated with the installation and maintenance of hemodialysis equipment can pose a significant barrier to market growth.

Industry Leaders Implement Strategic Initiatives to Fortify their Market Position

Major industry players are proactively implementing strategic initiatives to fortify their market positions. These strategies encompass the introduction of novel products, forging merger agreements, establishing strategic partnerships, and executing acquisitions. These actions are aimed at diversifying product offerings and consolidating market presence.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/hemodialysis-equipment-market-101043

List of Key Players Profiled in the Report:

• Fresenius Medical Care AG & Co. KGaA (Germany)


• Baxter (U.S.)


• B. Braun SE (Germany)


• NIPRO (Japan)


• Nikkiso Co., Ltd. (Japan)


• Asahi Kasei Medical Co., Ltd. (Asahi Kasei Corporation) (Japan)


• Medtronic (Ireland)


• Kimal (U.K.)

Notable Industry Development

• February 2022 - NephroPlus launched two new apps to improve the quality of care in hemodialysis patients.

Further Report Findings:

• The hemodialysis equipment market share in North America is poised to maintain its leadership during the forecast period. The launch of technologically advanced equipment by prominent companies and the swift adoption of home-based hemodialysis machines contribute to market growth in North America.


• Europe accounted for the second-highest market share in 2022. The regional market is poised to exhibit substantial CAGR during the forecast period. The rising count of approvals granted by the EU for hemodialysis equipment offers growth prospects to European nations, facilitating the expansion of the market.


• The Latin America and the Middle East & Africa markets are likely to witness strong growth over the study period. Strong growth prospects in these regions stem from the escalating number of patients seeking treatment at dialysis centers. This surge in patient visits drives the demand for hemodialysis equipment and services.

Table of Segmentation