Dialyzer and Dialysis Market Size

Dialyzer and Dialysis Market size is estimated to reach USD 244.18 Billion by the end of 2036, growing at a CAGR of 6.07% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of dialyzer and dialysis was USD 113.6 Billion. The geriatric population is predicted to see significant growth throughout the forecast period due to the steady increase in this demographic worldwide and the increased likelihood of numerous ailments linked with aging, including kidney-related diseases. The percentage of people over 60 in the world will almost double from 12% to 22% between 2015 and 2050.

In addition to these, dialyzers play a crucial role in the medical field for people with renal disorders. Dialysis is mostly used by people whose kidneys are not functioning correctly to make the process easier. With the enrollment of their first participant, AWAK Technologies (AWAK) and Singapore General Hospital (SGH) initiated the pre-pivotal clinical trial in June 2023 to investigate the safety and effectiveness of an upgraded Automated Wearable Artificial Kidney Peritoneal Dialysis (AWAK PD) machine. The US Food and Drug Administration (FDA) has designated the wearable, ultra-portable AWAK PD peritoneal dialysis (PD) system as a "Breakthrough Device Designation," enabling patients with end-stage kidney disease to get dialysis on the go.