Kidney dialysis centers play a crucial role in healthcare. Their primary application is the provision of dialysis treatments for patients with chronic kidney diseases (CKD) and end-stage renal disease (ESRD). These centers feature state-of-the-art dialysis machines, experienced medical staff, and comfortable treatment areas. Patients with impaired kidney function, especially those requiring regular dialysis, are the primary users of these centers. They offer life-sustaining dialysis procedures, ensuring patients receive the critical care they need to manage their kidney-related conditions and maintain their overall health.
According to Data Bridge Market Research, the Global Kidney Dialysis Centers Market is accounted at USD 96,431.05 million in 2021 and is expected to reach the value of USD 1,50,592.30 million by 2029. The market is expected to grow with a CAGR of 5.73% in the forecast period of 2022 to 2029.
“Increase in the elderly population boosts the market’s growth”
The kidney dialysis market is experiencing growth, primarily due to the significant increase in the elderly population. The elderly are more prone to chronic kidney diseases and kidney-related conditions, leading to a higher demand for dialysis treatments. As the global population continues to age, particularly in developed nations, the prevalence of kidney diseases rises, driving the need for dialysis services. This demographic shift underscores the importance of kidney care and contributes to the market's expansion to meet the healthcare needs of older individuals.
What restraints the growth of the global kidney dialysis centers market?
“High cost of dialysis equipment restraints the market’s growth”
The kidney dialysis market faces growth constraints due to the high cost of dialysis equipment. Hemodialysis machines, peritoneal dialysis equipment, and associated technologies are expensive to manufacture, purchase, and maintain. These costs place a significant burden on healthcare facilities, limiting their capacity to invest in dialysis infrastructure. Additionally, patients may face financial barriers in accessing dialysis treatments. As a result, despite the increasing demand for kidney dialysis, the market's growth potential is hindered by the substantial financial constraints associated with acquiring and operating dialysis equipment.
Segmentation: Global Kidney Dialysis Centers Market
The global kidney dialysis centers market is segmented on the basis of product and end user.
- On the basis of product, the kidney dialysis centers market is segmented into peritoneal dialysis, home hemodialysis, in-center hemodialysis, in-center nocturnal dialysis, and others.
- On the basis of end user, the kidney dialysis centers market is segmented into health care research centre, government hospitals, private hospitals, and dialysis clinics.
Regional Insights: North America dominates the Global Kidney Dialysis Centers Market
North America dominates the kidney dialysis centers market due to the rapidly increasing elderly population. Aging individuals are more susceptible to kidney-related conditions, driving up the demand for dialysis treatments. This demographic trend is propelling the market's expansion as it strives to meet the rising healthcare needs of the aging population.
Asia-Pacific accounted for the maximum contribution to the total revenue generated due to the high prevalence of diabetes and hypertension, which are major contributors to kidney disease. Both conditions can lead to chronic kidney disease (CKD) and necessitate dialysis treatment, driving up demand for dialysis services and equipment to manage these chronic health issues.
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The Prominent Key Players Operating in the Global Kidney Dialysis Centers Market Include:
- Baxter (U.S.)
- B. Melsungen AG (Germany)
- BD (U.S.)
- Cantel Medical (U.S.)
- DaVita Inc. (U.S)
- Diaverum (Sweden)
- Dialife (Switzerland)
- Fresenius Medical Care AG & Co. KGaA (Germany)
- Isopure Corp. (U.S.)
- Medtronic (Ireland)
- Nipro (Japan)
- Nikkiso Co., Ltd. (Japan)
- Asahi Kasei Corporation (Japan)
- Medivators Inc. (U.S.)
- Nxstage Medical, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global kidney dialysis centers market companies contact, https://www.databridgemarketresearch.com/jp/contact
Research Methodology: Global Kidney Dialysis Centers Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
