Technavio has been monitoring the renal dialysis market and it is poised to grow by USD 31.71 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Renal Dialysis Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
What was the size of the renal dialysis market in 2019?
Technavio says that the value of the market was USD 99.87 billion in 2019 and it is projected to reach USD 131.58 billion by 2024.
Based on segmentation by end-user, which is the leading segment in the market?
The in-center dialysis segment is expected to be the leading segment in the global market during the forecast period.
At what rate is the market projected to grow?
Growing at a CAGR of almost 6%, the incremental growth of the market is anticipated to be USD 31.71 billion during the forecast period.
Who are the top players in the market?
Asahi Kasei Corp., B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Co., DaVita Inc., Diaverum AB, Fresenius SE & Co. KGaA, Medtronic Plc, Nipro Corp., and W. L. Gore & Associates Inc. are some of the major market participants.
What are the key market drivers and challenges?
The increasing number of ESRD patients and growing prevalence of diabetes and hypertension are the major factors driving the market. However, the high treatment costs restraints the market growth.
How big is the APAC market?
The market in the APAC region was valued at USD 26.86 billion in 2019 and it is anticipated to grow at USD 36.82 billion during 2024.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Asahi Kasei Corp., B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Co., DaVita Inc., Diaverum AB, Fresenius SE & Co. KGaA, Medtronic Plc, Nipro Corp., and W. L. Gore & Associates Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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An increasing number of ESRD patients has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Renal Dialysis Market 2020-2024: Segmentation
Renal Dialysis Market is segmented as below:
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Renal Dialysis Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The renal dialysis market report covers the following areas:
Renal Dialysis Market Size
Renal Dialysis Market Trends
Renal Dialysis Market Analysis
This study identifies the growing prevalence of diabetes and hypertension as one of the prime reasons driving the renal dialysis market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Renal Dialysis Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist renal dialysis market growth during the next five years
Estimation of the renal dialysis market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the renal dialysis market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of renal dialysis market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user
In-center dialysis - Market size and forecast 2019-2024
Home dialysis - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Type
Comparison by Type
Hemodialysis - Market size and forecast 2019-2024
Peritoneal dialysis and others - Market size and forecast 2019-2024
Market opportunity by Type
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Asahi Kasei Corp.
B. Braun Melsungen AG
Baxter International Inc.
Fresenius SE & Co. KGaA
W. L. Gore & Associates Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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