USD 17.5 billion
Global Home Dialysis Systems Market Size, Share, Growth Analysis, By Type(Peritoneal dialysis and hemodialysis), By Product(Service, device) - Industry Forecast 2024-2031
Report ID:
SQMIG35A2714 |
Region:
Global |
Published Date: February, 2024
Pages:
267
|
Tables:
61 |
Figures:
68
Global Home Dialysis Systems Market Insights
Home Dialysis Systems Market size was valued at around USD 17.5 billion in 2019 and is expected to reach a value of USD 42.29 billion by 2031, at a CAGR of 10.3% over the forecast period (2024-2031).
Technological developments, transplant risks, increased incidence of chronic renal illnesses, initiatives by key companies to introduce new products and services, and a shortage of organ donors are a few factors boosting demand for home dialysis systems, hence fueling market expansion. For example, transferring Outset Medical, Inc., a medical technology company trying to reduce the complexity and cost of dialysis, joined Health Home, an alliance of innovative healthcare firms intending to drastically rethink the way policymakers think about home healthcare, in May 2021. They hope to urge politicians to reconsider the home as a center of care for clinical treatment, such as chronic disease management, through collaborations in the healthcare sector. As a result of these activities, the market is expected to grow in the near future.
During the COVID-19 pandemic, patients with kidney failure who usually have immunological dysfunction have profited immensely from the remote patient management platform, allowing them to complete their dialysis at home, where they may be safer by socially isolating themselves. Baxter International Inc., for example, unveiled the premium Analytics share source 1.0 module, the next generation of digital health for home-based peritoneal dialysis patients, in June 2021. Share source Analytics 1.0 is a clinical management resource available as part of the Share source remote patient management platform that offers healthcare providers a full dashboard containing trend data from their patients' home dialysis treatments. Baxter plans to collect a monthly fee and spread out the product globally over the next year, beginning in the United States.
The rising frequency of chronic renal disease is predicted to drive up demand for home dialysis equipment. ESKD, also known as end-stage renal disease, affects approximately 786,000 people in the United States, according to the Centers for Disease Control and Prevention (CDC) 2020 estimate, with 29% requiring a kidney transplant and 71% requiring dialysis. According to the same source, 12.5% of all dialysis patients did their dialysis at home by the end of 2018. The number of patients receiving home dialysis more than doubled between 2008 and 2018. As a result, market growth is expected to accelerate in the near future. In 2021, the United States dominated the market. The demand for home care dialysis services is predicted to rise throughout the forecast period as a result of various initiatives conducted by organizations and governments. As part of a kidney care campaign, America's Health Insurance Plans (AHIP) will support access to home dialysis in 2019. Additionally, Baxter International Inc. fully supported the administration's Advancing American Kidney Health Initiative in July 2019. The Administration hopes that by 2031, the number of new end-stage renal disease (ESRD) patients obtaining organ transplants and home dialysis would have climbed to 80%.
US Home Dialysis Systems Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
hemodialysis
Fastest Growth
hemodialysis
Growth Rate
10.3% CAGR
Global Home Dialysis Systems Market ($ Bn)
Country Share for North America Region (%)
Country Share for Aisa Pacific Region (%)
Global Home Dialysis Systems Market By Type ($ Bn)
Global Home Dialysis Systems Market By Type (%)
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Global Home Dialysis Systems Market Segmental Analysis
Global home dialysis systems market is segmented on the basis of type, product and region. By type, the market is segmented into peritoneal dialysis and hemodialysis. By product, market is segmented into service, device, and consumables. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Home Dialysis Systems Market Analysis by Type
Hemodialysis (HD) dominated the market, accounting for more than 86.41% of global revenue in 2021. Hemodialysis is the most prevalent kind of treatment for chronic renal disease. A variety of companies offer hemodialysis products for home usage. Machines, dialyzers, bloodlines systems, hemodialysis solutions and concentrates, water treatment systems, and data processing and analysis systems are among them. The category is predicted to rise due to a number of causes, including an increase in the prevalence of acute renal injury and technical advancements. The next-generation Artificial Kidney 98 (AK 98) dialysis equipment, for example, was approved by the US FDA in March 2021 as an easy-to-use and portable device to provide hemodialysis treatments. As a result, it is projected that this will accelerate the segment growth during forecast period.
After hemodialysis, peritoneal dialysis (PD) is the second most important part. The peritoneum is used as a natural filter in the PD. Several firms provide equipment and supplies for home continuous peritoneal dialysis and automated peritoneal dialysis. According to AWAK Technologies, recent research has shown that when used during the first 1-2 years of dialysis, PD has a better survival advantage than HD. Furthermore, PD has several advantages over HD: patient satisfaction is higher with PD systems, and PD expenses are lower than HD prices. As a result of such research, the segment is expected to grow in the near future. As a result of such research, the segment is expected to grow during the forecast period. However, the uptake of PD patients remains substantially lower than that of HD- 11% globally and 21% of ESRD patients in Singapore.
Home Dialysis Systems Market Analysis by Product
In 2021, the service segment held a market share of more than 55.44%. This is because the number of dialysis service providers has increased, as has the prevalence of ESRD. In addition, some large dialysis service providers are attempting to broaden their service offerings by opening or purchasing new dialysis centers throughout the world, which is expected to promote segment growth. As a result of technology advancements and activities undertaken by numerous manufacturers, the sector is expected to grow even quicker. For example, DaVita's home dialysis division will now feature DaVita Care Connect, a secure telemedicine system, in February 2021. It was one of the company's various connected technologies aimed at improving treatment and outcomes for patients who prefer to be treated at home.
The segment for consumables is expected to grow at the highest CAGR over the forecast period. Governments are projected to make large investments during the forecast period to increase patient safety, patient-centered treatment, and efficacy. Companies are developing catheters made of sophisticated materials that are resistant to substances such as peroxides, iodine, and alcohol. This can help catheters last longer and lessen the likelihood of their failure. Furthermore, the demand for antimicrobial-coated catheters is increasing, lowering the risk of bloodstream infections. New dialyzer manufacturing technologies, such as improved surface contact and cutoff membrane dialyzers for greater diffusion are also contributing to the growth of the consumable category. In the consumables sector, bloodlines, concentrates, catheters, and other consumables have been further classified.
Global Home Dialysis Systems Market By Type, 2023 (%)
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Global Home Dialysis Systems Market Regional Insights
North America dominated the home dialysis systems market in 2021, with a revenue share of more than 38.40%. Significant government investments in the creation of novel medical devices, the existence of important participants, and the presence of a good reimbursement system are all contributing to the region's market growth. Home dialysis is becoming more popular as the prevalence of chronic kidney disease (CKD) rises. Other factors influencing market growth include rising healthcare spending, increasing disposable income, and government efforts. For example, Innovate Kidney Care, a new initiative supported by nine leading healthcare organizations, will launch in June 2021 to increase patient options for receiving home dialysis support and training. Among the initial members are CVS Kidney Care, Anthem, Inc., the American Society of Nephrology (ASN), Cricket Health, Intermountain Healthcare, Outset Medical, Inc., the National Kidney Foundation (NKF), and Strive Health. Innovate Kidney Care's purpose is to achieve four goals: better patient outcomes, better healthcare practitioner experience, better patient experience, and lower healthcare expenditures.
The Asia Pacific region is expected to have the highest CAGR during the forecast period. The growing elderly population, rising occurrences of kidney failure, and increased development of improved products are likely to drive market expansion over the forecast period. Also, according to the IDF, around 88 million adults in South East Asia have diabetes, with the figure anticipated to rise to 153 million by 2045. Furthermore, government initiatives, rising healthcare spending, rising CKD awareness programs, technologically advanced goods, and the existence of newly developed state-of-the-art healthcare facilities in the region are a few additional factors driving market expansion.
Global Home Dialysis Systems Market By Region, 2024-2031
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Global Home Dialysis Systems Market Dynamics
Home Dialysis Systems Market Drivers
Rapid Technological Advancement
- The market is expanding due to technical advancements, transplant risks, growth in the frequency of chronic renal disorders, efforts by large players to develop improved products and services, and a lack of organ donors. Outset Medical, Inc., a medical technology business whose aim is to minimize the complexity and cost of dialysis, has joined Health Home, an alliance of innovative healthcare companies whose mission is to radically change policymakers' perceptions of home diagnostics. They hope to persuade authorities to reconsider the home as a clinical treatment facility for chronic disease management through collaboration in the healthcare sector. These initiatives are projected to drive market growth during the forecast period.
End-Stage Renal Disease is becoming more common (ESRD)
- Demand for dialysis therapy is predicted to rise as the global prevalence of ESRD rises. Every year, around 2 million people worldwide are affected by ESRD. The spread of renal diseases around the world is expected to increase the requirement for dialysis to maintain normal kidney function. Because of the significant development in the global population of elderly people, the prevalence of kidney-related diseases is expected to increase.
Home Dialysis Systems Market Restraints
Difficulties and Potential Dangers
- The leading causes of death among dialysis patients include cardiac disorders and vascular-related problems such as bleeding and infection, low blood pressure, nausea, hernia, hepatitis, and anemia. Another consequence is vascular illness (arrhythmic mechanisms or sudden cardiac arrest). Peritonitis is a common complication associated with peritoneal dialysis. It can be caused by peritoneal dialysate or tube contamination with germs that are damaging to the skin, or it can be caused by infections connected with catheters. Peritonitis kills approximately 19% of Parkinson's disease patients in North America each year. As a result, the number of persons getting dialysis is limited.
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Global Home Dialysis Systems Market Competitive Landscape
The global home dialysis systems market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share.
Home Dialysis Systems Market Top Player’s Company Profiles
- Fresenius Medical Care AG & Co. KGaA Baxter International, Inc. (the US)
- Nikkiso Co., Ltd. (Japan)
- B. Braun Melsungen AG (Germany)
- Asahi Kasei Corporation (Japan)
- DaVita Inc. (US)
- Nipro Corporation (Japan)
- Cantel Medical Corporation (US)
- Diaverum (Germany)
- Medtronic plc. (Ireland)
- Rockwell Medical, Inc. (the US)
- Becton, Dickinson, and Company (US)
- Dialife SA (Switzerland)
- Isopure Corp. (US)
Home Dialysis Systems Market Recent Developments
- In May 2022, Fresenius Medical Care: Growth drivers remain intact, and the Annual General Meeting approves the 25th consecutive dividend increase.
- In April 2022, Baxter present new data at the SCCM Critical Care Congress demonstrating that hemodynamic monitoring may aid in the prediction of patient outcomes.
- In May 2022, Aesculap acquires the rights to distribute the digital surgical microscope.
- In June 2022, Alchemedicine and Asahi Kasei Pharma announced an Exclusive License Agreement for Selective Endothelin A Receptor Antagonist.
Global Home Dialysis Systems Key Market Trends
- The use of peritoneal dialysis, whose products are portable and offer convenience, particularly at patients' homes, is a key trend in the global market for home dialysis systems. It is popular among the elderly because it does not require the patient to be awake. As a result, several market players are developing peritoneal dialysis products, and some are also conducting research and development (R&D) to advance the technology.
Global Home Dialysis Systems Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global home dialysis systems market analysis, the increased prevalence of chronic kidney disease is expected to increase demand for home dialysis equipment. According to the Centres for Disease Control and Prevention (CDC) 2020 forecast, ESKD, also known as end-stage renal disease, affects roughly 786,000 people in the United States, with 29% requiring a kidney transplant and 71% requiring dialysis. By the end of 2018, 12.5% of all dialysis patients were doing their dialysis at home, according to the same source. Between 2008 and 2018, the number of patients getting home dialysis more than doubled. In 2021, hemodialysis (HD) will account for more than 86.41% of global revenue. The most common type of treatment for chronic renal illness is hemodialysis. In Parkinson's disease, the peritoneum serves as a natural filter. Several companies offer home continuous peritoneal dialysis and automated peritoneal dialysis equipment and supplies. The service sector will have a market share of more than 55.44% in 2021. This is due to a rise in the number of dialysis service providers, as well as the prevalence of ESRD. Consumables are predicted to expand at the fastest CAGR during the projection period. During the projection period, governments are expected to make significant investments to improve patient safety, patient-centred therapy, and efficacy. With a revenue share of more than 38.40% in 2021, North America dominated the home dialysis systems market. The Asia Pacific region is expected to have the highest CAGR during the forecast period. Peritoneal dialysis, whose products are portable and convenient, especially at patients' homes, is a prominent trend in the global market for home dialysis systems.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 17.5 billion |
| Market size value in 2031 | USD 42.29 billion |
| Growth Rate | 10.3% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Home Dialysis Systems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Home Dialysis Systems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Home Dialysis Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Home Dialysis Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Home Dialysis Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Home Dialysis Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Home Dialysis Systems Market Report Snapshots
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