Home Dialysis Trend Propels US Dialysis Equipment Market to Reach US$8.69 Billion by 2034

December 7, 2023 : A new report from Future Market Insights (FMI) projects that the United States dialysis equipment market will reach a staggering US$8.69 billion by 2034, driven by the increasing prevalence of kidney diseases and the growing trend towards home dialysis.

The report, titled “US Dialysis Equipment Market: Industry Analysis & Opportunity Assessment, 2023-2034”, forecasts a robust compound annual growth rate (CAGR) of 4.8% for the market during the forecast period.

Key Drivers of Market Growth:

• Rising Prevalence of Kidney Diseases: The increasing prevalence of kidney diseases, including chronic kidney disease (CKD) and end-stage renal disease (ESRD), is the primary driver of the market. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), more than 37 million Americans have CKD, and approximately 726,000 have ESRD. This number is expected to rise further in the coming years, fueled by factors such as diabetes, high blood pressure, and obesity.
• Shifting Preference towards Home Dialysis: Patients with ESRD traditionally undergo dialysis in specialized clinics. However, home dialysis has a growing preference, which offers several benefits, such as greater flexibility, improved quality of life, and potentially reduced costs.
• Favorable Government Support: Governments worldwide recognize the benefits of home dialysis and implement policies and initiatives to encourage its adoption. This includes financial reimbursement for home dialysis equipment, supplies, and training and support programs for patients and caregivers.

Market Segmentation:

The US dialysis equipment market is segmented by product type, modality, and end-user. The market is divided into dialysis machines, dialyzers, dialysis fluids, and other consumables by product type. The dialyzers segment is expected to hold the largest market share due to the high replacement rate of these products.

By modality, the market is segmented into hemodialysis and peritoneal dialysis. Hemodialysis is the most common type of dialysis, and the segment is expected to dominate the market throughout the forecast period. However, the peritoneal dialysis segment is expected to grow faster due to its popularity among patients seeking more flexible treatment options.

End-users segment the market into hospitals, dialysis clinics, and home healthcare settings. Home healthcare is expected to be the fastest-growing segment due to the increasing preference for home dialysis.

Competitive Landscape:

Major players dominate the US dialysis equipment market, including Fresenius Medical Care, Baxter International, and DaVita. These companies invest heavily in research and development to improve their dialysis technologies and expand their product portfolios.

Key Takeaways:

• The US dialysis equipment market is expected to grow at a robust CAGR of 4.8% during the forecast period, reaching US$8.69 billion by 2034.
• The increasing prevalence of kidney diseases and the growing trend towards home dialysis are the key drivers of market growth.
• The dialyzers segment is expected to hold the largest market share throughout the forecast period, while the peritoneal dialysis segment is expected to witness the fastest growth.
• Home healthcare is expected to be the fastest-growing end-user segment due to the increasing preference for home dialysis.
• The market is dominated by a few major players, including Fresenius Medical Care, Baxter International, and DaVita. These companies are expected to continue to invest heavily in research and development to maintain their competitive edge.
  
  

The US dialysis equipment market is poised for significant growth in the coming years, driven by the increasing prevalence of kidney diseases and the growing trend towards home dialysis. This growth presents a lucrative opportunity for manufacturers and suppliers of dialysis equipment and related products.