The Blood Purification Equipment Market size was valued at US$ 14,950.76 million in 2021, and expected to increase to US$ 24,120.14 billion by 2027, at a CAGR of 5.9% from 2022 to 2027.
Blood purification is a process that includes taking blood out of the patient's body and pumping it back into the body after it has been cleaned of pollutants. The market is expected to experience significant expansion over the course of the projected period since blood purification is crucial in treating a number of kidney and blood-related illnesses. The utilization of this equipment in several crucial treatments has been positively impacted by developments in filtration and dialysis methods combined with adsorption techniques. Plasmapheresis, immune-metabolic diseases, and organ or kidney failures are the main uses for blood purification equipment. Blood purification therapy has seen significant expansion in recent decades, and it is increasingly being utilized to treat a variety of illnesses that cannot be treated by conventional therapies such as surgery and drug administration. One of the main elements anticipated to significantly increase the growth of the blood purification equipment market during the projected period is the advancement of bio separation techniques, including filtration, dialysis, and adsorption. Blood purification therapies are increasingly being used in many parts of the world because to their high degree of effectiveness in the quick and direct elimination of harmful agents.
Mar 29, 2022: Nipro introduces SURDIAL™ DX Hemodialysis System to U.S. market, inviting dialysis patients and clinicians to "experience the difference." --
Nipro Medical Corporation (Nipro), a leading manufacturer and supplier of renal, vascular, and medical-surgical products, announces the commercial launch of SURDIAL™ DX Hemodialysis System to the U.S. SURDIAL™ DX is a state-of-the-art hemodialysis system designed to create an optimal dialysis treatment experience for patients and clinicians. Manufactured in Japan, it draws from over 35 years of expertise in renal device innovation at Nipro's parent company, Nipro Corporation.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America is likely to continue its second-leading position over the projection period due to the availability of technologically advanced equipment in critical care units, increased patient knowledge of blood purifying processes, and the region's well-established healthcare infrastructure. For players in the blood purification equipment market, however, Asia-Pacific holds a significant portion of the market thanks to its vast population base, numerous chronic & lifestyle diseases, and a fast-increasing prevalence of end-stage renal disease (ESRD). For example, according to data from the American Society of Nephrology, over 130,000 ESRD patients had dialysis in India alone in 2017, and the prevalence of the condition is rising by roughly 232 per million people. Due to low gross domestic products in developing countries, weaker financial support for healthcare, and an increased number of patients living below the poverty line, Asia-Pacific is also plagued with chronic & lifestyle ailments such autoimmune diseases, chronic glomerulonephritis, hypertension, and diabetes, which have poor treatment outcomes. Overall, it is anticipated that in the upcoming years, the growing nations of the Asia-Pacific region would experience a fast increase in the requirement for blood purification, surpassing those of the United States and Europe. This is mostly due to the higher frequency of kidney-related illnesses in undiagnosed individuals and increased market penetration by different pharmaceutical corporations to reach unexplored regions for geographical expansion.
The Blood Purification Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Blood Purification Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.9% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Asahi Kasei, Nipro, WEGO, Toray, Nxstage, JMS, SWS Hemodialysis Care, CytoSorbents Corporation, Fresenius Medical Care. (NxStage Medical, Inc.), Spectral Medical Inc., Baxter International Inc., B. Braun Melsungen AG, Haemonetics Corporation, Nikkiso Co, Inc., Medtronic plc (Bellco), Kaneka Medix Corp., Jafron Biomedical Co., Ltd., ExThera Medical Corporation, Aethlon Medical, Inc., Cerus Corporation |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 166 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Blood Purification Equipment Market?
The Blood Purification Equipment Market is growing at a CAGR of 5.9% over the next 5 years.
Who are the key players in Blood Purification Equipment Market?
Asahi Kasei, Nipro, WEGO, Toray, Nxstage, JMS, SWS Hemodialysis Care, CytoSorbents Corporation, Fresenius Medical Care. (NxStage Medical, Inc.), Spectral Medical Inc., Baxter International Inc., B. Braun Melsungen AG, Haemonetics Corporation, Nikkiso Co, Inc., Medtronic plc (Bellco), Kaneka Medix Corp., Jafron Biomedical Co., Ltd., ExThera Medical Corporation, Aethlon Medical, Inc., Cerus Corporation
What are the significant types of Blood Purification Equipment Market?
Continuous Blood Purification (CBP), Hemodialysis (HD), Other
What are the major end-use applications of Blood Purification Equipment Market?
Hospital, Dialysis Center, Other
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SECONDARY RESEARCH
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