Kidney Dialysis Machines Market Scope
Kidney Dialysis Machines are used in kidney related diseases to filter and purify the blood using a machine. Dialysis machines perform the functions of the kidneys in case of failure. New technologies such as emergence of sensors and single chip solution have changed the design architecture of dialysis machines and manufacturers are focusing on patients and operators safety in design.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | B. Braun Melsungen AG [Germany], Sorin Group [Italy], Asahi Kasei Medical [Japan], Baxter International [United States], DaVita Kidney Care [United States], Diaverum [Sweden], Fresenius Medical Care AG & Co KGaA [Germany], JMS Co Ltd [Japan], Kawasumi Laboratories [Japan], Medical Components [United States], Medivators [United States], Nikkiso Group [Japan], Nipro Diagnostics [United States], NxStage Medical [United States], Rockwell Medical Technologies [United States], Teleflex Medical [United States], Terumo Corporation [Japan] and Toray Medical [Japan] |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Fresenius Medical Care AG & Co. KGaA and Baxter Incorporated. Research Analyst at AMA estimates that United States and Japanese Players will contribute to the maximum growth of Global Kidney Dialysis Machines market throughout the predicted period.
B. Braun Melsungen AG [Germany], Sorin Group [Italy], Asahi Kasei Medical [Japan], Baxter International [United States], DaVita Kidney Care [United States], Diaverum [Sweden], Fresenius Medical Care AG & Co KGaA [Germany], JMS Co Ltd [Japan], Kawasumi Laboratories [Japan], Medical Components [United States], Medivators [United States], Nikkiso Group [Japan], Nipro Diagnostics [United States], NxStage Medical [United States], Rockwell Medical Technologies [United States], Teleflex Medical [United States], Terumo Corporation [Japan] and Toray Medical [Japan] are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Zhengzhou Nigale Electronics Technology Co., Ltd [China], SWS Hemodialysis Care Co., Ltd [China], Outset Medical, Inc. [United States], Farmasol [Turkey], Esco Industries [Australia], Dialife SA [Switzerland], C. R. Bard [United States], AmeriWater LLC [United States], AWAK TECHNOLOGIES PTE. LTD [Singapore] and Guangdong Biolight [China].
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Kidney Dialysis Machines market by Type , by Application (Hospital, Clinics, Nursing Home and Others) and Region with country level break-up.
On the basis of geography, the market of Kidney Dialysis Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In March 2022, Intermedt Medizin & Technik GmbH, a specialist in the preparation of dialysis concentrates, was acquired by B. Braun. With the completion of the acquisition, the Intermedt product portfolio will be permanently integrated into a comprehensive range of dialysis products and services.
In March 2022, Baxter announced that the AK 98 Hemodialysis Machine had received FDA 510(k) clearance in the United States. For dialysis providers, the technology provides a compact, portable, and simple-to-use system. Includes two-way connectivity for transferring prescription and treatment data securely.
Dialysis machines design and manufacturer is regulated by Food and Drug Administration (FDA). They come under FDA device Class II. Their design, construction and performance must follow stringent regulations. Medical device developers must meet the requirements of the IEC 60601-1 product safety standard for electrical medical equipment.
Influencing Trend:
Miniaturization and Focus on Making Machines Compact, Focus on Cost Effective Solutions and Enhanced Portability of the Devices
Market Growth Drivers:
Growing Number of Kidney Related Cases and Invention of Technically Advanced Dialysis Machines
Challenges:
Intricacy and Risks Associated With Dialysis, Restricted Compensation Policy and Evolving Wearable Artificial Kidney
Restraints:
Lack of Awareness About Kidney Related Diseases and Availability of Small and Medium Players
Opportunities:
Development of AI Enabled Dialysis Machines and Rising Health Budget in Emerging Economies
Key Target Audience
Original Equipment Manufactures, Potential Investors, Research Institute, Government Agencies and Healthcare Sectors