According to a recent report by Grand View Research, Inc., the global hemodialysis and peritoneal dialysis market is projected to reach USD 185.88 billion by 2030, expanding at a compound annual growth rate (CAGR) of 9.1% over the forecast period. This growth is driven by the rising incidence of renal diseases and a growing elderly population, both of which are increasing global demand for hemodialysis and peritoneal dialysis. Additionally, heightened investment in the development of innovative products is expected to create favorable market conditions.
The COVID-19 pandemic significantly impacted the healthcare sector, leading to increased hospitalizations and the emergence of infection hotspots. During this period, the global need for Renal Replacement Therapy (RRT) rose, largely due to a higher prevalence of comorbidities such as Chronic Kidney Disease (CKD), diabetes, and hypertension. Consequently, the demand for dialysis machines surged. A study published by the American Society of Nephrology reported that, during the spring of 2020 in New York City, demand for dialysis machines to treat Acute Kidney Injury (AKI) spiked by 279% compared to baseline levels.
Furthermore, the market is expected to benefit from the growing prevalence of End-stage Renal Disease (ESRD). For example, data from the United States Renal Data System (USRDS) indicated a 2.5% rise in ESRD cases in 2020, with 130,400 new patients receiving treatment. This represented a 14.84% increase in ESRD cases from 2010 to 2019.
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