Global Dialysis Market Forecast to 2025

June 2019 | 79 pages | ID: GE99C9919EEEN
IHR Insights

Abstracts

Global Dialysis Market: Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025

[128 pages report] This market research report includes a detailed segmentation of the global dialysis market by procedure types (hemodialysis and peritoneal dialysis), by product types (equipments, consumables, and services), by end-users (hospitals, dialysis centers, and others), and by regions (North America, Europe, APAC, and RoW).

Research Overview

Infoholic Research predicts that the global dialysis market will grow at a CAGR of 5.0% during the forecast period 2019-2024. The market is classified into different procedure categories: hemodialysis and peritoneal dialysis and by product types: equipments, consumables, and services. The adoption of hemodialysis or peritoneal dialysis is mandate for a person suffering from chronic kidney diseases. The device is popular in all healthcare facilities and the increase use of dialysis machines have bought a significant clinical purpose for treating ESRD. The hospital and other healthcare facilities have separate dialysis units. Similarly, the other care centers are propelling with cost-effective dialysis machines and supplies.

Dialysis market is driven by innovative and advanced technical medical devices that have applied to dialysis machine. The introduction of new generation sensors, components, and single chip solutions components have made a significant impact on the design and structure of the dialysis machine. Most of the manufacturers have high focus on patient and operator parameters as this machine is highly regulated and certified based on safety parameters. This is further been regulated by regularity bodies such as FDA, CE, and CDSCO, which has imposed huge challenges for the medical device manufacturers. Further, the market is expected to see a significant growth with increase in diseases patterns and new wave in the innovation in dialysis.

Segmentation by Procedure Types:

• Hemodialysis
• Peritoneal dialysis

Hemodialysis segment was valued over $70.1 billion in 2018 and is estimated to grow with a similar trend during the forecast period. Increasing demand for hemodialysis and peritoneal dialysis in treatment of chronic renal diseases is expected to increase the product market.

Peritoneal dialysis segment is expected to grow at a CAGR of more than 6% during the forecast period. The rise in technological advancements and increase preference for peritoneal dialysis in recent years is accelerating the growth in coming years.

Segmentation by End-users:

• Hospitals
• Dialysis centers
• Others

In 2018, hospitals gained the highest share in the dialysis market with large volumes of diagnostics and treatments globally.

Segmentation by Regions:

• North America
• Europe
• APAC
• RoW

In terms of regional analysis, the market is dominated by North America due to advancements in technology, presence of leading vendors, increase in regulatory reforms, and changes in reimbursement policies. Europe is followed by North America and has similar potential in growth and development. APAC is the most focused and fastest growing region due to vast opportunities for vendors to establish their presence. The factors such as the presence of a large pool of chronic patients, increasing aging population, support from the government, and health & wellness programs are expected to boost the market growth. APAC, Latin America, and RoW are the most focused and fastest growing regions due to vast opportunities. Moreover, most of the countries in these regions are focusing on increasing healthcare expenditure from the government as there is excess growth in medical technology in Brazil, China, India, Mexico, Indonesia, Iran, South Korea, Nigeria, and South Africa.

Competitive Analysis – The competition among leading vendors is due to the availability of a wide range of dialysis machines with different brand names in the market. This provides an opportunity for healthcare consumers (dialysis services facilities) to choose products based on brand, price, features, model, and discount. Most of the vendors are focusing on providing bundling product models for increasing their sales and having a larger market share in terms of revenue. Many vendors have established their market presence globally and focus strongly on marketing and selling their products by competing with small and regional vendors. Therefore, the competition among the vendors is expected to hinder the market growth, yet the market will have more products developed and launched. Most of the vendors are primarily focusing on research and development to offer fast technological progress. Manufacturers including major and mid-sized companies in the dialysis market are competing with newer products, advanced features, quality, safety, and efficacy.

The competition is growing among the healthcare service providers – hospitals, dialysis centers, and other healthcare facilities where the customer groups are being consolidated for purchasing products. Diversified product portfolio companies, large volume product buyers (hospitals), and primary competitors (single product manufacturers) have strong market positions in certain segments and regions due to their wide range of products and services they offer. New competitors especially from Asia are also taking the competition to a new high with quality, safety, and efficacy of the product over the past few years.

Key Vendors:

• Fresenius Medical Care AG & Co. KGaA
• Baxter International, Inc.
• DaVita Inc.
• Nipro Corporation
• B. Braun Avitum AG
• Diaverum Deutschland GmbH
• Nikkiso Co. Ltd.
• NxStage Medical, Inc.

Key Competitive Facts:

• The market is highly competitive with all the players competing to gain the market share. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.
• The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.
• Responding to competitive pricing pressures specific to each of our geographic markets.
• Protection of proprietary technology for products and manufacturing processes.

Benefits – The report provides complete details about the usage and adoption rate of dialysis systems. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the medical devices segment in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals and to analyze before investing or expanding the business in this market.

Key Takeaways:

• Understanding the potential market opportunity with precise market size and forecast data.
• Detailed market analysis focusing on the growth of the dialysis industry.
• Factors influencing the growth of the dialysis market.
• In-depth competitive analysis of dominant and pureplay vendors.
• Prediction analysis of the dialysis industry in both developed and developing regions.
• Key insights related to major segments of the dialysis market.
• The latest market trend analysis impacting the buying behavior of the consumers.

Contents

1 INDUSTRY OUTLOOK

1.1 Medical Devices Industry
  1.1.1 Overview
  1.1.2 Geography
  1.1.3 Medical Technologies
  1.1.4 Industry Trends
1.2 Healthcare Spending
  1.2.1 US
  1.2.2 Europe
1.3 Regulatory Bodies & Standards
1.4 Reimbursement Scenario
1.5 Emerging Global Markets
1.6 Patient Demographics
1.7 Definition: Dialysis
  1.7.1 Why Dialysis?
1.8 Healthcare Spending in the US
1.9 PESTLE Analysis

2 REPORT OUTLINE

2.1 Report Scope
2.2 Report Summary
    2.2.1.1 Overview
2.3 Research Methodology
2.4 Report Assumptions

3 MARKET SNAPSHOT

3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
  3.3.1 Medical Imaging Devices
  3.3.2 Medical X-ray Equipment
  3.3.3 MRI Equipment
  3.3.4 Mammography Devices
  3.3.5 Healthcare X-ray Detectors
3.4 Porter 5 (Five) Forces

4 MARKET CHARACTERISTICS

4.1 Market Segmentation, By Procedure Type
  4.1.1 Hemodialysis
  4.1.2 Peritoneal Dialysis
4.2 Dialysis Market, By Product Type
  4.2.1 Equipments
  4.2.2 Services
  4.2.3 Consumables

5 MARKET DYNAMICS

  5.1.1 Drivers
    5.1.1.1 Increase incidence of chronic kidney disease
    5.1.1.2 Rise in number of chronic diseases causing kidney failure
    5.1.1.3 Increase in number of dialysis centers
    5.1.1.4 Growing aging population
  5.1.2 Restraints
    5.1.2.1 High cost of dialysis
    5.1.2.2 Complications of dialysis
    5.1.2.3 Inadequate reimbursement in developing countries
    5.1.2.1 Intense competition among vendors
  5.1.3 Opportunities
    5.1.3.1 Technological advancement – dialysis machines
    5.1.3.2 Lucrative growth opportunity in emerging markets
    5.1.3.3 Introduction of user-friendly and cost-effective dialysis systems
    5.1.3.4 Rise in demand of portable dialysis machine
  5.1.4 DRO – Impact Analysis
5.2 Key Stakeholders

6 END-USERS

6.1 Overview
6.2 Hospitals
6.3 Specialty Centers
6.4 Others (Nursing Homes and Clinics)

7 REGIONS

7.1 Overview
  7.1.1 North America
    7.1.1.1 Market overview
  7.1.2 Europe
    7.1.2.1 Market overview
  7.1.3 APAC
    7.1.3.1 Market overview
  7.1.4 Rest of the World
    7.1.4.1 Market overview

8 COMPETITIVE LANDSCAPE

8.1 Competitor Comparison Analysis

9 VENDOR PROFILES

9.1 Baxter International Inc.
9.2 B. Braun Melsungen AG
9.3 Davita Medical Group
9.4 Fresenius Medical Care
9.5 Nipro Corporation

10 COMPANIES TO WATCH FOR

10.1 Metdronic plc (Covidien plc)
10.2 Nikkiso Co.,Ltd
10.3 MEDIVATORS

11 OTHER VENDORS

Annexure
? Abbreviations

List Of Tables

LIST OF TABLES

TABLE 1 MEDICAL DEVICES BY CATEGORY
TABLE 2 TOP LISTED MEDICAL DEVICES COMPANY 2018
TABLE 3 GLOBAL DIALYSIS MARKET BY END-USERS
TABLE 4 GLOBAL DIALYSIS REVENUE BY REGIONS FORECAST, 2019–2025 ($BILLION)
TABLE 5 BUSINESS SUMMARY: BAXTER INTERNATIONAL INC
TABLE 6 BUSINESS SUMMARY: B BRAUN MELSUNGEN AG
TABLE 7 BUSINESS SUMMARY: DAVITA MEDICAL GROUP
TABLE 8 BUSINESS SUMMARY: FRESENIUS MEDICAL CARE
TABLE 9 BUSINESS SUMMARY: NIPRO CORPORATION
TABLE 10 BUSINESS SUMMARY: MEDTRONIC PLC
TABLE 11 BUSINESS SUMMARY: NIKKISO
TABLE 12 BUSINESS SUMMARY: MEDIVATORS

List Of Figures

LIST OF FIGURES

CHART 1 GLOBAL MEDICAL DEVICES MARKET SEGMENTATION
CHART 2 THIRD PARTY REIMBURSEMENT AND COVERAGE IN MEDICAL DEVICE INDUSTRY
CHART 3 IMPERATIVES OF EMERGING MARKETS
CHART 4 PESTLE ANALYSIS OF DIALYSIS MARKET
CHART 5 RESEARCH METHODOLOGY OF GLOBAL DIALYSIS MARKET
CHART 6 DIALYSIS MARKET OUTLOOK
CHART 7 GLOBAL DIALYSIS MARKET REVENUE, 2018–2025 ($BILLION)
CHART 8 OPPORTUNITY ANALYSIS
CHART 9 PORTERS 5 FORCES ON DIALYSIS MARKET
CHART 10 GLOBAL DIALYSIS MARKET SEGMENTATION
CHART 11 GLOBAL DIALYSIS MARKET 2018 AND 2025
CHART 12 GLOBAL DIALYSIS MARKET OVERVIEW BY PRODUCTS 2018 ($BILLION)
CHART 13 GLOBAL HEMODIALYSIS MARKET REVENUE, 2018–2025 ($BILLION)
CHART 14 GLOBAL PERITONEAL DIALYSIS MARKET, 2018–2025 ($BILLION)
CHART 15 GLOBAL DIALYSIS MARKET BY PRODUCT, 2018–2025 ($BILLION)
CHART 16 GLOBAL DIALYSIS MARKET SEGMENTATION BY PRODUCT, 2018–2025 (%)
CHART 17 GLOBAL DIALYSIS MARKET SEGMENTATION
CHART 18 GLOBAL DIALYSIS MARKET SEGMENTATION IN 2018 (%)
CHART 19 MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES
CHART 20 WORLD POPULATION AGED 65 YEARS AND ABOVE, 1960–2060 (%)
CHART 21 DRO - IMPACT ANALYSIS OF DIALYSIS MARKET
CHART 22 KEY STAKEHOLDERS
CHART 23 GLOBAL DIALYSIS MARKET BY END-USER SEGMENTATION, 2018 (%)
CHART 24 GLOBAL DIALYSIS MARKET BY GEOGRAPHICAL SEGMENTATION, 2018 AND 2025 (%)
CHART 25 GLOBAL DIALYSIS MARKET OVERVIEW BY REGIONS 2018 ($BILLION)
CHART 26 DIALYSIS MARKET REVENUE IN NORTH AMERICA, 2018–2025 ($BILLION)
CHART 27 DIALYSIS MARKET REVENUE IN THE EUROPE, 2018–2025 ($BILLION)
CHART 28 DIALYSIS MARKET REVENUE IN THE APAC, 2018–2025 ($BILLION)
CHART 29 DIALYSIS REVENUE IN THE REST OF THE WORLD, 2018–2025 ($BILLION)
CHART 30 GLOBAL DIALYSIS MARKET SEGMENTATION BY GEOGRAPHY, 2018–2025 ($BILLION)
CHART 31 GLOBAL DIALYSIS MARKET SEGMENTATION BY GEOGRAPHY, 2018–2025 (%)