The Dialysis Disposable Devices Market is being driven by Rising prevalence of CKD
The Dialysis Disposable Devices Market is expected to grow at a CAGR of 6.78% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2514.4 million. Home dialysis, particularly peritoneal dialysis, offers significant benefits for End-Stage Renal Disease (ESRD) patients by enabling treatments at their convenience, eliminating the need for center scheduling. Peritoneal dialysis, the widely-accepted home dialysis method, utilizes PD catheters for access to the abdomen, enabling continuous ambulatory peritoneal dialysis (CAPD). This process, which involves filling the abdominal cavity with dialysate for 30 minutes and draining it four times daily, can be performed at home or even at the workplace with a sterile environment. The convenience and flexibility of home peritoneal dialysis contribute to improved patient quality of life.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
185 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.78% |
Market growth 2024-2028 |
USD 2514.4 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
6.23 |
Key countries |
US, Germany, China, UK, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Dialysis Disposable Devices Market is witnessing significant growth due to the increasing prevalence of chronic kidney diseases (CKD), aging populations, hypertension, and diabetes. With a focus on patient-centered care and individualized treatment plans, the demand for disposable dialysis devices is surging. These devices include hemodialysis machines, bloodlines, dialysis drainage bags, dialysis catheters, and various other components such as flexible butterfly wings, PVC tubes, and bladder urethral catheters. Hemodialysis machines are essential heavy equipment used in the treatment of kidney failure. They filter and clean blood from patients, removing surplus water and waste. However, the use of such machines comes with risks, including infections, which can be mitigated through the use of disposable dialysis devices. Chronic kidney disease patients often require dialysis catheters for long-term access to their bloodstream. Disposable catheters reduce the risk of infections and ensure patient safety. Dialyzers, another essential component, are disposable and require regular replacement to maintain renal health. In summary, the dialysis disposable devices market is crucial in providing effective and safe treatment for patients with kidney diseases, including CKD, hypertension, and diabetes. These devices contribute significantly to improving patient outcomes and reducing the risks associated with traditional, reusable equipment.
In accordance with Technavio's market classification, the dialysis disposable devices market is a significant segment within the expansive global healthcare equipment industry. This sector encompasses firms involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are utilized for the diagnosis, monitoring, and treatment of diverse diseases. Technavio determines the size of the global healthcare equipment market by aggregating the revenues generated by manufacturers of diagnostic equipment and devices spanning multiple therapy areas. The healthcare equipment sector encompasses the following segments: Devices, which incorporate advanced, differentiated, and clinically validated data-driven devices, including dialysis disposable devices. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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