Blood Purification Equipment Market

Blood Purification Equipment Market Size Survey Report – In a Glance

As per the survey report on global Blood Purification Equipment market, the market is projected to foresee a CAGR of CAGR value 5.9% between 2024-2033, and further generate a market size of USD 33.9 revenue billion by the end of 2033. In the year 2024, the market size was valued at USD 20.7 revenue billion.

• The global Blood Purification Equipment market is projected to grow on account of the rising incidence of kidney diseases.
• In Japan, the Blood Purification Equipment market growth can be attributed to the advancement in treatment technologies.
• KDMI analyst’s growth analysis foresees high cost procedures to challenge the market growth.
• North America, having the highest market share in the Blood Purification Equipment market, is projected to dominate the global market.

Blood Purification Equipment Market Analysis

Blood purification is a medical procedure used to remove waste products, excess fluid, pathogenic or toxic substances, and other metabolic health problems from the bloodstream, restoring the body's homeostasis and vitality. The increased incidence of cases like kidney failure, sepsis, autoimmune diseases, and other metabolic health problems created the necessity for blood purification equipment. In today’s world, renal diseases are surging, and the blood purification equipment market has witnessed rapid growth in recent years. It has been found that about 10% of the population across the planet is affected by chronic kidney disease (CKD), and millions succumb to death each year because they do not have access to cost-effective treatment. According to another finding from the International Society of Nephrology, the number of individuals with end-stage or advanced-stage renal disease will rise to 14.5 million by 2030, eventually pushing up the blood purification equipment market. Braun Melsungen AG, Baxter International Inc., Jafron Biomedical Co. Ltd. are some of the significant parties in the global market for Blood Purification Equipment.

Analyst’s Observation on Japan Blood Purification Equipment Market Survey

In Japan, the market growth for Blood Purification Equipment can be attributed to the advancement in treatment technologies. The technological evolution in blood purification procedures and therapies is revolutionizing the market worldwide. By the findings of Japan’s Ministry of Health, Labour and Welfare (“MHLW”), the Japanese market for medical devices in 2021 amounted to $40 billion. The rapid economic growth of the APAC (Asia-Pacific) region originates from fast-paced technological advancement, rapid urbanization, and accelerated disposable incomes. Japan and South Korea drive the market with technological innovations while India and China contribute with their vast population and flourishing industries. Baxter International, B. Braun, Jafron Biomedical are some of the significant parties in the market for Blood Purification Equipment in Japan.

Blood Purification Equipment Market Growth Driver

Increasing geriatric population:

The increasing senior demographic is an excellent growth catalyst for the blood purification equipment market globally due to the recent surge of immune and metabolic disorders like diabetes, hypertension, and kidney failure. According to 2023 reports, the proportion of older persons (aged 65 years or over) was around 9 percent in developing countries and 20 percent in developed countries. 1 in 6 people in the world will be in their 60s or over by 2030 and the share of the population aged 60 years and over will rise from 1 billion in 2020 to 1.4 billion. By 2050, the global population of individuals aged 60 years and older will be twice (2.1 billion) and the number of headcounts aged 80 years or above is predicted to triple between 2020 and 2050, reaching 426 million.

Blood Purification Equipment Market Segmentation

Our experts at KD Market Insights have segmented the global Blood Purification Equipment market research report as:

Blood Purification Equipment Market Regional Synopsis

North America has the highest market share in the Blood Purification Equipment market and is holding a lion’s share due to its ample availability and surplus supply of technologically advanced equipment for critical care units amongst the population. In line with the National Chronic Kidney Disease Fact Sheet, about 15% of people are expected to suffer from CKD (Chronic Kidney Disease) in the U.S. alone and CKDS could give birth to chronic renal failure that needs a consistent blood purification process. Globally, a rising number of people are suffering from kidney failure due to CKD and this scenario will facilitate the continued market growth, hence accelerating the blood purification equipment market.

As per our analysts at KD Market Insights, the following five players lead the North America Blood Purification Equipment market growth:

• Cerus Corporation
• Nikkiso Co. Ltd.
• Baxter International Inc.
• B. Braun Melsungen AG
• Fresenius SE & Co. KGaA

Blood Purification Equipment Market Competitive Landscape

Some of the key players who top the global Blood Purification Equipment market share:

• Cytosorbents Corporation
• Baxter International, Inc.
• Cerus Corporation
• Jafron Biomedical Co., Ltd.
• Spectra Medical, Inc.
• B. Braun Melsungen AG
• and Nikkiso Co, Ltd
• ExThera Medical Corporation
• Aethlon Medical, Inc.
• Fresenius SE & Co. KGaA

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Blood Purification Equipment Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Product
      3. By Application
      4. By End-user
      5.  By Region
5. Market Segmentation by Type
   1. 1. Dialysis
      2. CRRT
      3. Hemoperfusion
      4. Others (plasma exchange, immunoadsorption, etc.)
6. Market Segmentation by Product
   1. 1. Portable
      2. Stationary
7. Market Segmentation by Application
   1. 1. Acute Kidney Injury
      2. Infectious Diseases
      3. Sepsis
      4. Renal Diseases
      5. COVID-19
      6. Others
8. Market Segmentation by End-user
   1. 1. Hospitals and Clinics
      2. Dialysis Centers
      3. Others
9. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4. South Korea
         5. Market Size and Forecast
         6. Key Trends and Developments
         7. Market Analysis by Type, Product, Application, End-user
         8.  
      5. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Product, Application, End-user
         4.  
10. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
    3. Medtronic (Ireland)
    4. IBM
    5. Apple Inc.
    6. Siemens Medical Solutions
    7. Pepperl+Fuchs
    8. Cisco
    9. GE Healthcare
11. Strategic Recommendations
12. Appendix
    1. List of Tables
    2. List of Figures
13. References