Hemodialysis Global Market 2024 To Reach $117.37 Billion By 2028 At Rate Of 5.6%

The Business Research Company’s Hemodialysis Global Market Report 2024 – Market Size, Trends, And Market Forecast 2024-2033

LONDON, GREATER LONDON, UK, August 22, 2024 /EINPresswire.com/ -- The hemodialysis market has experienced robust growth in recent years, expanding from $89.87 billion in 2023 to $94.45 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to the rising incidence of chronic kidney disease (CKD), growing awareness of renal health, government initiatives for renal care, global expansion of dialysis centers, and lifestyle-related factors.

Strong Future Growth Anticipated
The hemodialysis market is projected to continue its strong growth, reaching $117.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing healthcare expenditure, telehealth integration in renal care, regulatory support for home hemodialysis, focus on personalized medicine in nephrology, and global health crisis preparedness.

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Growth Driver Of The Hemodialysis Market
The increasing prevalence of diabetes and kidney failure will boost the hemodialysis market. Diabetes and kidney failure are two related medical conditions that can affect the body's ability to maintain healthy blood glucose levels and filter waste products from the blood, respectively. As more people are diagnosed with these conditions, there will be a greater demand for hemodialysis treatment, as it helps cleanse the blood of wastes and extra fluid when the kidneys stop functioning normally. Furthermore, the advantages of early detection and treatment of kidney disease will likely increase demand for hemodialysis.

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Major Players And Market Trends
Key players in the hemodialysis market include Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., DaVita Inc., Fresenius Medical Care AG & Co. KGaA.
Technological advancements are a key trend gaining popularity in the hemodialysis market. Major companies operating in the hemodialysis market are focused on developing innovative technologies to sustain their position in the market.

Segments:
1) By Type: Conventional Hemodialysis, Short Daily Hemodialysis Or Daily Hemodialysis, Nocturnal Hemodialysis
2) By Component: Dialyzer, Dialysis Solution, Tubes, Catheter, Other Components
3) By End User: Hospitals, Specialty Clinics, Home-Care Settings, Other End Users

Geographical Insights: North America Leading The Market
North America was the largest region in the hemodialysis market in 2023. Asia-Pacific is expected to be the fastest growing region in the global hemodialysis market report during the forecast period. The regions covered in the hemodialysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Hemodialysis Market Definition
Hemodialysis refers to a medical treatment process whereby the blood is cleaned using a dialyzer, a specific filter known as an artificial kidney, and a dialysis machine. It is used to filter waste and excess fluids from the blood when the kidneys can no longer perform this function adequately.

Hemodialysis Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Hemodialysis Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on hemodialysis market size, hemodialysis market drivers and trends, hemodialysis market major players, hemodialysis competitors' revenues, hemodialysis market positioning, and hemodialysis market growth across geographies. The hemodialysis market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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