Global Dialysis Services Market - Focused Insights 2024-2029

MARKET INSIGHTS

The global dialysis services market was valued at USD 75.32 billion in 2023 and is expected to reach USD 88.01 billion by 2029, growing at a CAGR of 2.63% during the forecast period. The growth of the global dialysis services market is primarily attributable to the increasing potential patient population affected by kidney diseases, the established popularity and efficiency of dialysis services compared to alternative methods, rising attention, healthcare coverage, and expenditure dedicated to kidney care, and supportive government policies, all of which are accelerating market growth. The kidney care sector is experiencing continued development, investment, and funding initiatives aimed at improving healthcare service delivery, access, and patient management. In recent years, healthcare services have undergone a significant transformation, shifting from hospital-centric models to home-based care, which has positively influenced the demand for home dialysis services. Dialysis is a clinical treatment designed to remove excess fluid and waste products from the blood when the kidneys are unable to perform this function, primarily for individuals suffering from kidney failure.

MARKET TRENDS & OPPORTUNITIES

Dialysis on Wheels: Transforming Patient Care

Dialysis, a critical life-saving therapy, is increasingly vital in developing countries where kidney health is a public emergency. Mobile dialysis services are expanding access to underserved areas, reducing travel burdens and hospital wait times. Decentralized facilities ensure timely treatment, improving patient outcomes. Mobile services also target high-risk populations, enhancing early screening and disease management.

These facilities are proven to manage chronic kidney diseases through screening, monitoring blood pressure, managing medications, and coordinating care with other healthcare facilities. It can deliver training in home dialysis services directly to the patients. Mobile facilities integrate only the finest dialysis equipment and components that offer high-quality care and dialysis services.

Preference for Dialysis Surges Over Alternatives

Dialysis, a critical renal replacement therapy, is increasingly favored over alternatives, driven by advancements in home hemodialysis and peritoneal dialysis. Kidney transplantation, while an option for chronic and acute kidney injury, faces significant hurdles. Donor shortages, high costs, and complex surgical risks, including infection and rejection, are shifting patient and medical professional preferences towards dialysis. Even successful transplants carry considerable risks, further solidifying the demand for dialysis services.

INDUSTRY RESTRAINTS

High Expenses in Dialysis Services

The high cost of dialysis services is a significant barrier for patients and a major impediment to market growth. Limited insurance coverage, particularly outside of Medicare, creates extreme financial burdens. In many developing countries, patients face prohibitive out-of-pocket expenses. Studies show that patients without Medicare can pay three times more for outpatient dialysis than those with coverage.

SEGMENT INSIGHTS

• By Service: Hemodialysis holds the largest global dialysis services market share, surpassing peritoneal dialysis. This is driven by its efficacy in treating obesity and abdominal scarring, and the fact that it requires less patient training. Growing accessibility, improved efficiency, and competitive pricing, particularly in developed nations, are key factors in hemodialysis's market growth.
• By Disease Type: The dialysis services market is primarily driven by chronic kidney disease (CKD), which holds the largest market share. CKD's progression to end-stage kidney disease (ESKD) necessitates dialysis. The widespread prevalence of CKD, characterized by gradual kidney function decline, results in a substantial need for dialysis treatments. CKD is a leading global public health issue, affecting millions.
• By Age Group: The above-60 age group held the largest share of the dialysis services market in 2023, primarily due to demographic shifts and health conditions. Aging populations, coupled with increased hypertension, diabetes, and viral infections, contribute to kidney disorders and ESKD. The rising number of elderly patients with kidney diseases is a key market driver, with a notable increase in ESKD among those 65 and older.
• By Provider: The home dialysis segment is experiencing the highest growth rate, driven by technological innovations in home haemodialysis. This shift is improving patient outcomes and quality of life. Pandemic-related concerns have further increased patient preference for home-based treatments. The proven clinical and economic advantages of home dialysis are key factors in its rapid expansion.

GEOGRAPHICAL ANALYSIS

North America leads the global dialysis services market, driven by the high prevalence of chronic kidney disease and increasing dialysis rates. The US, with its significant access to dialysis, and Canada, with rising dialysis expenditures, contribute to this leadership. The US dominates due to high kidney disease prevalence, substantial demand, and significant healthcare spending.

COMPETITIVE LANDSCAPE

This report offers exclusive data on 27 vendors in the highly fragmented global dialysis services market, which is dominated by a few major players. Numerous local vendors operate within single countries, while new companies emerge with innovative solutions. Fresenius Medical Care, DaVita, and Baxter are leading vendors, expanding through acquisitions and maintaining dominance through advanced service delivery.