U.S. Dialysis Market size to surpass $61Bn by 2032
Published Date: March 2023
U.S. Dialysis Market size is anticipated to cross USD 61 billion by 2032, as per a new research report announced by Global Market Insights Inc.
Supportive reimbursement schemes for dialysis treatments will augment the U.S dialysis industry trends. Multiple medical insurance companies across the region, such as Medicare and Medicaid, are focusing their efforts on offering reimbursement policies for the geriatric population suffering from chronic renal disorders.
Medicare pays the costs of peritoneal dialysis, home hemodialysis, and in-center hemodialysis for dialysis patients. Medicare Part A, which covers hospital insurance, and Medicare Part B, which covers medical insurance, are two of the main plans used to handle the payments. Such a favorable setting for improved patient management and care services will promote market outlook.
Technological upgrades in medical equipment to promote peritoneal dialysis demand
U.S. dialysis market share from the peritoneal dialysis segment exceeded USD 5 billion in 2022. Peritoneal dialysis has several benefits over hemodialysis, such as fewer dietary restrictions, more lifestyle freedom, and no need for frequent hospital visits. Technological upgrades in devices used for therapy have led to high growth for peritoneal dialysis. The prevalence of renal failure across the country has increased, influencing the need for peritoneal dialysis.
Browse key industry insights spread across 330 pages with 774 market data tables & 14 figures & charts from the report, “U.S. Dialysis Market Size by Type (Hemodialysis, Peritoneal Dialysis), By Product & Service (Equipment {Dialysis Machines, Water Treatment Systems}, Consumables {Dialyzers, Catheters, Access Products, Concentrates}, Services {Acute Dialysis, Chronic Dialysis), By End-use (In-center Dialysis, Home Dialysis), Industry Analysis Report, Growth Potential, Application Potential, Competitive Market Share & Forecast, 2023-2032” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/us-dialysis-market
Robust need for advanced dialysis equipment
U.S. dialysis market value from the equipment segment poised to register 3.3% CAGR by 2032. Many leading industry players are investing heavily in R&D operations to make upgrades to dialysis machines and water treatment systems, which will propel the market forward. Such efforts will be advantageous for market development.
High convenience of home dialysis to foster industry
U.S. dialysis industry from the home dialysis segment to record over 4.5% CAGR by 2032. Convenience and increased flexibility offered by at home-based treatment will rapidly influence the demand for home dialysis in the United States. Moreover, home dialysis has a number of advantages, such as increased quality of life, lower travel costs, flexibility, and patient mobility that will lead to a rise in its use over the coming years.
Rising diabetes cases in the Northeast region of the U.S.
U.S. dialysis market from the North East zone is estimated to hit USD 10 billion by 2032. The high rates of cancer and diabetes, along with supporting healthcare policies across the nation are likely to increase hospitalization rates. Several home care facility awareness campaigns implemented by the regulatory authorities are set to speed up industry expansion.
Competitive landscape of the U.S. dialysis industry
A few of the leading solution providers in the U.S. dialysis industry include Baxter International Inc., Asahi Kasei Corporation, Toray Industries Inc., B. Braun Melsungen AG, Sanderling Renal Services, Dickinson and Company, American Renal Associates, DaVita Inc., Becton, Fresenius Medical Care AG & Co., and Nipro Corporation.
