United States Hemodialysis and Peritoneal Dialysis Market Size, Share, and COVID-19 Impact Analysis, By Type (Hemodialysis and Peritoneal Dialysis), By Product (Devices, Consumables, and Services), By End-use (Home-based and Hospital-based), and United States Hemodialysis and Peritoneal Dialysis Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareUnited States Hemodialysis and Peritoneal Dialysis Market Insights Forecasts to 2033
- The United States Hemodialysis and Peritoneal Dialysis Market Size was valued at USD 37.5 Billion in 2023.
- The Market is growing at a CAGR of 6.05% from 2023 to 2033
- The U.S. Hemodialysis and Peritoneal Dialysis Market Size is expected to reach USD 67.5 Billion by 2033
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The United States Hemodialysis and Peritoneal Dialysis Market is anticipated to exceed USD 67.5 billion by 2033, growing at a CAGR of 6.05% from 2023 to 2033. The growing incidence of acute kidney injury (AKI), risk associated with transplants, shortage of organ donors, and technological advancements are driving the growth of the hemodialysis and peritoneal dialysis market in the United States.
Market Overview
Dialysis is a treatment that takes over the kidney functionality of removing toxins from the blood artificially for individuals with kidney disorders. There are two types of dialysis viz. hemodialysis and peritoneal dialysis. These both dialysis performs normal kidney functions, filtering waste and excess fluid from the blood. The dialysis machine functions to remove the blood from a needle in the arm, circulates the blood through the dialyzer filter (which moves waste into a dialysis solution), return filtered blood to the body, and monitors blood pressure to adjust blood flow through the body. With peritoneal dialysis, tiny blood vessels inside the abdominal lining (peritoneum) filter blood through the aid of a dialysis solution. This solution is a type of cleansing liquid that contains water, salt, and other additives. There is a rising focus among nephrologists and patients about the opportunities for home modality therapies and reducing the reliance on central venous catheters for long-term HD access leads to providing more efficient dialysis treatment.
Report Coverage
This research report categorizes the market for the US hemodialysis and peritoneal dialysis market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the hemodialysis and peritoneal dialysis market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the hemodialysis and peritoneal dialysis market.
United States Hemodialysis and Peritoneal Dialysis Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 37.5 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 6.05% |
2033 Value Projection: | USD 67.5 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Product, By End-use |
Companies covered:: | LEGO System A/S, MindWare, Inc, Dynepic, Neurala, LeapFrog Enterprises Inc., Sphero, Inc., Hasbro, Lego System A/S, Arduino, Mattel, Inc., and Others |
Pitfalls & Challenges: | Covid 19 Impact Challanges, Future, Growth and Analysis |
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Driving Factors
National Kidney Foundation, Inc., projected more than one in seven adults is affected by kidney disease. Thus, the rising prevalence of AKTs increases the requirement of dialysis which leads to driving the market demand for hemodialysis and peritoneal dialysis. More than 90,000 patients need kidney transplants, yet only about 20,000 transplants are performed each year according to article published by Penn Medicine News in 2020. Thus, the shortage of kidney transplantation leads to drive the market demand for hemodialysis and peritoneal dialysis. Further, the increasing healthcare spending for the development of innovative solutions for dialysis treatment leads to enhanced market growth. The increasing homecare dialysis services for treating patients' acute and chronic diseases driving the hemodialysis and peritoneal dialysis market.
Restraining Factors
The limited affordability and accessibility of dialysis facilities, particularly for patients with limited financial resources are restraining the market demand. Further, the regular maintenance and monitoring of dialysis poses a challenge to the market growth.
Market Segmentation
The United States Hemodialysis and Peritoneal Dialysis Market share is classified into type, product, and end-use.
- The hemodialysis segment dominated the market with the largest market share during the forecast period.
The United States hemodialysis and peritoneal dialysis market is segmented by type into hemodialysis and peritoneal dialysis. Among these, the hemodialysis segment dominated the market with the largest market share during the forecast period. The rising population of the geriatric group is likely to enhance market demand for the hemodialysis segment owing to the rising risk of CKD with age in the geriatric population.
- The services segment dominated the market with the largest market share in 2023.
The United States hemodialysis and peritoneal dialysis market is segmented by product into devices, consumables, and services. Among these, the services segment dominated the market with the largest market share in 2023. Several key dialysis service providers are looking to expand their service offerings by opening and purchasing new dialysis centers. The increase in the prevalence of ESRD and rising technological advancement and initiatives are contributing to market growth.
- The hospital-based segment dominated the market with the largest market share in 2023.
Based on the end-use, the United States hemodialysis and peritoneal dialysis market is divided into home-based and hospital-based. Among these, the hospital-based segment dominated the market with the largest market share in 2023. The presence of a professional and experienced nephrologist for dialysis treatment of the patients in healthcare settings such as dialysis centers and hospitals. Further, the growing focus of players on building independent dialysis centers, and the high adoption of patients for treatment in in-center dialysis leads to drive the market growth in the hospital-based segment.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the US hemodialysis and peritoneal dialysis market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Baxter
- Medtronic
- B. Braun Melsungen AG
- Asahi Kasei Medical Co., Ltd.
- BD
- Nipro Corp.
- Fresenius Medical Care AG
- DaVita
- Nikkiso Co., Ltd.
- Cantel Medical
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United States, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Hemodialysis and Peritoneal Dialysis Market based on the below-mentioned segments:
United States Hemodialysis and Peritoneal Dialysis Market, By Type
- Hemodialysis
- Peritoneal Dialysis
United States Hemodialysis and Peritoneal Dialysis Market, By Product
- Devices
- Consumables
- Services
United States Hemodialysis and Peritoneal Dialysis Market, By End-use
- Home-based
- Hospital-based
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