Market Size

The Global Hemodialysis Therapy Market reached US$ 13.03 billion in 2023 and is expected to reach US$ 19.81 billion by 2031, growing at a CAGR of 5% during the forecast period 2024-2031.

Hemodialysis is a treatment that replaces the work of one?s kidneys to clear wastes and extra fluid from the blood. This is done using a special filter called a dialyzer or artificial kidney. The blood travels through plastic tubing to the dialyzer, where it is cleaned and then returned to the patient. 

The dialysis machine pumps the blood through the dialysis system and controls the treatment time, temperature, fluid removal, and pressure.

The increasing prevalence of chronic kidney diseases across the globe is expected to drive the demand for hemodialysis therapy. For instance, according to the National Kidney Foundation, chronic kidney disease (CKD) affects around 10% of the global population. Between 5.3 and 10.5 million people need dialysis or transplantation.

Market Dynamics: Drivers

Increasing prevalence of chronic kidney disorders

The rising prevalence of chronic kidney disorders propels the market growth. As a result of the increasing prevalence of chronic diseases, the inability of the kidneys of people suffering from chronic kidney disease to purify the toxins from blood is increasing day by day and as a result of that, the demand for hemodialysis therapy which helps the kidney to purify the toxins from blood in an artificial method is increasing. 

For instance, according to the National Institute of Health, chronic kidney disease is a progressive condition that affects >10% of the general population worldwide, amounting to >800 million individuals. Chronic kidney disease is more prevalent in older individuals, women, racial minorities, and in people experiencing diabetes mellitus and hypertension. Chronic kidney disease represents an especially large burden in low- and middle-income countries, which are least equipped to deal with its consequences. 

Moreover, according to the National Kidney Foundation, over 2 million people worldwide currently receive treatment with dialysis or a kidney transplant to stay alive, yet this number may only represent 10% of people who actually need treatment to live. It is estimated that the number of cases of kidney failure will increase disproportionately in developing countries, such as China and India, where the number of elderly people is increasing. 

Of the 2 million people who receive treatment for kidney failure, the majority are treated in only five countries ? the United States, Japan, Germany, Brazil, and Italy. These five countries represent only 12% of the world's population. Only 20% are treated in about 100 developing countries that make up over 50% of the world population. As a result of the expanding frequency of chronic kidney diseases has a substantial impact on the hemodialysis therapy industry, boosting demand for treatments, driving up economic expenses, and prompting technological developments.

Market Restraints

Factors such as complications linked with the procedure and lack of awareness among people are expected to hamper the market. According to statistics from the National Kidney Foundation, chronic kidney disease affects 10% of the global population and is the 12th leading cause of death. Every year, millions of people die because they do not have access to cost-effective therapy.

Market Segment Analysis

The global hemodialysis therapy market is segmented based on product type, modality, dialysis type, patient age group, technology, end-user, and region.

The segment hemodialysis machines accounted for approximately XX% of the global hemodialysis therapy market share

The hemodialysis machines segment is expected to hold the largest market share over the forecast period. In this segment, technological advancements, recent launches, and raising funds for private manufacturers for device development would drive this market.

A hemodialysis machine is medical equipment that acts as an artificial kidney, assisting individuals whose kidneys are unable to execute their natural filtering activities owing to chronic renal disease or acute kidney injury. The machine works by eliminating waste materials and excess fluids from the blood, which prevents the accumulation of toxins in the body. These machines are highly distinctive, and they use a sophisticated system that includes a blood circuit, a dialyzer, and a dialysate circuit. 

The dialyzer is noteworthy for its semi-permeable membrane, which enables the selective removal of poisons and excess electrolytes while preserving bigger molecules such as proteins and blood cells. New hemodialysis machines are being introduced into the market by several players which could contribute to the segment?s expansion. For instance, in March 2024, Bussum, the Netherlands-based Nextkidney, a medtech company, announced that it has developed the world?s first portable hemodialysis device, Neokidney.

According to the Dutch company, Neokidney is in the final development phase and is expected to launch in the Netherlands by 2024. Moreover, in August 2024,  Synopex, a medical device manufacturer, obtained marketing authorization from the Ministry of Food and Drug Safety (MFDS) for the nation's first independently developed continuous renal replacement therapy (CRRT) device for critical care patients. Thus, the hemodialysis machines segment is expected to hold the major portion of the hemodialysis therapy market share with the increasing number of launches and technological innovations of new machines and their effectiveness in finding antibodies over other types of tests.

Market Geographical Share

North America accounted for approximately XX% of the global hemodialysis therapy market share 

North America region is expected to hold the largest market share over the forecast period. The rising incidence of chronic kidney diseases, technological advancements, and increase in fund allotment in this region, help to propel the market.

The prevalence of kidney diseases in this region is increasing at an alarming rate which increases and drives the demand for the hemodialysis therapy market. For instance, according to the American Kidney Fund, over 35.5 million Americans suffer from renal disease. An estimated 808,000 Americans suffer from renal failure. More than 557,000 Americans are undergoing dialysis. Kidney disease is increasing at an alarming rate. It presently affects more than one in every seven (14%) American adults, with persons of color being more likely to develop renal failure. In 2021, over 135,000 Americans received a new diagnosis of renal failure. Nine out of ten patients with renal disease are uninformed of their condition, and one-third of those with significantly diminished kidney function are also unaware. 

The increase in the allotment of funds by the government and private organizations for research and technological development activities. Due to fund allotment, manufacturers research and develop advanced technology and machinery which drives the market in this region. AWAK Technologies secured almost $20 million in Series B funding for their wearable dialysis device's critical trial in the United States. AWAK PD, an ultra-portable peritoneal dialysis (PD) equipment, enables kidney disease patients to get dialysis at home or on the go. The revenues will be used by the company to fund a number of critical activities, including the completion of an ongoing human pre-pivotal clinical research with Singapore General Hospital. The money will also assist the business enhance the ultraportable PD device for the final pivotal trial in the United States, which is expected to begin in 2025.

Market Segmentation

By Product Type

  • Hemodialysis Machines
  • Dialyzers
    • High-Flux Dialyzers
    • Low-Flux Dialyzers
  • Bloodline Systems and Tubing Sets
  • Concentrates and Solutions
    • Acid Concentrates
    • Bicarbonate Concentrates
  • Vascular Access Devices
    • Dialysis Catheters
    • AV Fistulas
    • Grafts
  • Hemodialysis Filters and Cartridges

By Modality

  • Conventional Hemodialysis (HD)
  • Nocturnal Hemodialysis
  • Short Daily Hemodialysis
  • Home Hemodialysis (HHD)

By Dialysis Type

  • In-Center Dialysis
  • Home Dialysis

By Patient Age Group

  • Pediatric Patients
  • Adult Patients
  • Geriatric Patients

By Technology

  • High-Performance Hemodialysis (HPHD)
  • Expanded Hemodialysis (HDx)
  • Hemodiafiltration (HDF)
  • Conventional Hemodialysis

By End-User

  • Hospitals
  • Dialysis Centers
  • Homecare Settings
  • Specialty Clinics

By Region

  • North America
  • U.S.
  • Canada
  • Mexico <