23/07/2024
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End Stage Renal Disease (ESRD) Market Detailed Analysis and Forecast 2023-2032
The global End Stage Renal Disease (ESRD) market reached a size of USD 83.4 Billion in 2022, with expectations to undergo a rapid revenue Compound Annual Growth Rate (CAGR) of 3.5% over the forecast period. The key drivers behind this growth include the increasing aging population and the rising prevalence of diabetes, hypertension, and Chronic Kidney Disorders (CKD).
ESRD represents the final stage of chronic renal disease, occurring when the kidneys can no longer adequately meet the body’s increasing demands. For individuals with ESRD, survival requires either dialysis or a kidney transplant. Additionally, the market is bolstered by the growing incidence of CKD, a significant risk factor for ESRD. According to the National Kidney Foundation, more than 37 million Americans suffer from CKD, and millions more are at risk of developing it. This substantial prevalence of CKD further contributes to the escalating revenue growth in the ESRD market.
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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Strategic Development:
On 23 September 2021, Fresenius Medical Care AG & Co. KGaA launched its newest hemodialysis system, 6008 CAREsystem. This system features an intuitive user interface, enhanced safety features, and a new connectivity platform for Telehealth and Remote Patient Monitoring.
On 11 June 2019, Baxter International Inc. launched its Sharesource 2.0 clinical portal, which is a remote patient monitoring platform for home dialysis patients. This platform allows clinicians to monitor patients’ dialysis treatments and adjust treatment parameters remotely.
On 25 February 2019, B. Braun Melsungen AG acquired NxStage Medical, Inc., a manufacturer of home hemodialysis machines and other dialysis products, to strengthen its presence in the home dialysis market.
Key Players covered in this report are
Fresenius Medical Care AG & Co. KGaA
DaVita Inc.
Baxter International Inc.
B. Braun Melsungen AG
Nipro Corporation
Asahi Kasei Corporation
Nikkiso Co. Ltd.
NxStage Medical, Inc.
Toray Industries, Inc.
Rockwell Medical, Inc.
Segments Covered in the Report:
By Treatment Type Outlook
 Dialysis
Kidney Transplantation
Others
By Diagnosis Outlook
 Blood Test
Urine Test
Imaging Tests
Others
By End-use Outlook
 Hospitals
Ambulatory Surgical Centers (ASCs)
Others
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Based on Region market is segmented into:
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Major Points covered in this report are as below:
An analysis of End Stage Renal Disease (ESRD) industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
This report provides information on the market status of End Stage Renal Disease (ESRD) manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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