Dialysis Disposable Devices Market size is expected to surpass USD 290 billion by the end of 2036, growing at a CAGR of 6% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of dialysis disposable devices was USD 25 billion. The growth of this market can be attributed to the back of increasing risk associated with non-disposable devices. Anyhow the dialysis disposable device protects the patient from getting infected with infections that are mainly caused by standard disposable devices.
In addition to this, the increasing prevalence of chronic kidney diseases is expected to boost the dialysis disposable devices market in the projected period. Chronic kidney disease is a disease in which the kidneys are unable to filter waste products from the blood effectively. It is a major cause of kidney failure as well. Approximately 35.5 million US adults, or 14%, are believed to have CKD.
Growth Drivers
Challenges
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
~6% |
|
Base Year Market Size |
~USD 25 billion |
|
Forecast Year Market Size |
~USD 290 billion |
|
Regional Scope |
|
End User (Hospital, Diagnostic Centers, Home Care, Ambulatory Care Centers)
Dialysis disposable devices market from the hospital segment is set to hold the largest market share of 40% during the projection period. The growth of this market can be boomed by a growing focus on patient safety. Hospitals are highly dedicated to patient safety as a result driving the expansion of dialysis disposable devices that are made to reduce risk of infection and other complexities.
Product (Dialysis Catheters, Urethral Catheter, Dialysis Drainage Bag, Dialysis Care Kit, Dialysis Fistula Needle)
Based on product, the dialysis catheter segment in the dialysis disposable devices market is predicted to hold the highest CAGR by the end of 2036. The growth of this segment can be attributed to the account of increasing use of single-use catheters. They are becoming increasingly popular owing to their safety and convenience. Single-use catheters are also more cost-effective than reusable catheters which is the major factor driving the integration of dialysis catheters.
Our in-depth analysis of the global market includes the following segments:
|
Product |
|
|
End User |
|
North America Market Forecasts
North America dialysis disposable devices market is expected to hold the largest revenue share of 35% by the end of 2036. This growth is attributed to the increasing awareness about kidney health in this region. Public awareness campaigns and educational efforts about kidney health in the region have led to earlier diagnosis and intervention of kidney disease. Annually, 37 million people in the United States get affected by kidney diseases. Out of these 15% people are adult population.
Asia Pacific Market Statistics
The dialysis disposable devices market in Asia Pacific is expected to hold a noteworthy revenue during the assessment period. The growth of this market can be attributed to the increasing collaboration and partnership of market players in this region. Key market players in this region often collaborate with each other in order to develop advanced in industry
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?