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The dialysis disposable devices market is estimated to grow at a CAGR of 6.42% between 2022 and 2027. The size of the market is forecast to increase by USD 2,234.03 million. The growth of the market depends on serval factors, including the rising prevalence of CKD, the rise in the geriatric population, and lucrative opportunities in emerging economies
This report extensively covers market segmentation by application (hospitals and clinics, diagnostic centers, home care, and ambulatory care centers), product type (dialysis catheters, urethral catheters, dialysis drainage bags, dialysis care kits, and dialysis fistula needles), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Technavio categorizes the global dialysis disposable devices market as a part of the global healthcare equipment market. The parent, global healthcare equipment market, covers products and companies engaged in research and development (R and D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. Technavio calculates the global healthcare equipment market size based on combined revenue generated by manufacturers of various diagnostic equipment and devices used across the therapy areas. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The rising prevalence of CKD is notably driving the market growth, although factors such as environmental concerns associated with improper disposal may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Dialysis Disposable Devices Market Driver
The rising prevalence of CKD is notably driving the market growth. Sedentary lifestyles are making people susceptible to many various diseases such as cardiovascular diseases (CVDs), diabetes, urology disorders, ESRD, and other chronic disorders. These diseases are increasing the prevalence of CKD and related conditions such as polycystic kidney disease, glomerulonephritis, lupus, malformations, obstructions, and repeated urinary infections.
The high prevalence of these conditions and other risk factors has led to an increase in the demand for dialysis disposable devices, especially hemodialysis catheters, globally. This, in turn, is driving the growth of the global dialysis disposable devices market.
Significant Dialysis Disposable Devices Market Trend
The rising demand for distribution through online channels and retailers is an emerging trend in the market. Vendors in the market are concentrating on direct channels, merchants, and internet channels for the distribution of their products. This approach is making them able to provide hospitals with simple access to products with the expanding marketing and promotional activities online.
End-users such as hospitals are also purchasing dialysis disposable devices from e-commerce sites, including Alibaba, MedicalExpo, Amazon, and IndiaMart. Some online platforms also provide discounts when end-users make orders in bulk. This is increasing the sales in the market, which is driving the growth of the market in focus.
Major Dialysis Disposable Devices Market Challenge
Environmental concerns associated with improper disposal are major challenges impeding market growth. The consumption of dialysis disposable devices among end-users has increased significantly over the years. This can be attributed to the growing need to reduce the instances of transmission of infections during medical and surgical procedures. Disposable products such as catheters, needles, and care kits are frequently used in hospital facilities. These products must be disposed of immediately after their use and contain various infectious and hazardous materials.
This can have a huge impact on the environment. For instance, disposable needles used in hospitals are not biodegradable, which can lead to environmental contamination. Thus, the negative impact on the environment due to improper disposal of disposable hospital supplies may hamper the growth of the global dialysis disposable devices market during the forecast period.
Key Dialysis Disposable Devices Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Dialysis Disposable Devices Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product launches, to enhance their presence in the market.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the hospitals and clinics segment will be significant during the forecast period. The segment includes multi-specialty hospitals, private hospitals, and hospital groups that work with government and private entities. It also hospitals are mid-sized hospitals and small hospitals that have a limited number of supplier groups.
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The hospitals and clinics segment showed a gradual increase in the market share of USD 2,033.93 million in 2017 and continued to grow till 2021. The growth of the segment can be attributed to the rapid growth in the number of hospitals and clinics in developing countries such as India and the rise in government initiatives to develop healthcare infrastructure. In addition, the increasing prevalence of risk factors such as diabetes, heart disease, cancer, and others is contributing to the growth of the segment.
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North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The high prevalence of chronic kidney disease (CKD) and the rise in kidney failure cases are the major reasons driving the growth of the regional market.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. As dialysis is an emergency medical procedure, it was conducted during lockdowns to maintain safety; thus, the market had no major impact during the lockdown period. Therefore, the market growth is expected to remain the same during the forecast period, owing to various factors such as the rise in the aging population, growth in the number of patients with diabetes, and the rise in healthcare spending to improve the infrastructure of healthcare facilities.
The region is home to several leading vendors including Argon Medical Devices Inc. (Argon Medical Devices), Baxter International Inc. (Baxter International), and Cook Medical LLC (Cook Medical). These vendors offer a comprehensive range of dialysis disposable devices. In addition, the availability of favorable reimbursement has contributed to the growth of the dialysis disposable devices market in North America.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by application (hospitals and clinics, diagnostic centers, home care, and ambulatory care centers), product type (dialysis catheters, urethral catheters, dialysis drainage bags, dialysis care kits, and dialysis fistula needles), and geography (North America, Europe, Asia, and Rest of World (ROW))
Dialysis Disposable Devices Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.42% |
Market growth 2023-2027 |
USD 2,234.03 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.74 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 40% |
Key countries |
US, Germany, UK, China, and Japan |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
AngioDynamics Inc., Argon Medical Devices Inc., Asahi Kasei Corp., B. Braun SE, Baxter International Inc., Becton Dickinson and Co., Dialife SA, FARMASOL Medical Products Ind. and Trd. Co., Fresenius Medical Care AG and Co. KGaA, Hemant Surgical Industries Ltd., JMS Co. Ltd., Lepu Medical Technology Beijing Co. Ltd., MEDTECH DEVICES, Medtronic Plc, Nikkiso Co. Ltd., Nipro Corp., Poly Medicure Ltd., Serumwerk Bernburg AG, Trivitron Healthcare, and Thermo Fisher Scientific Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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