July 2022
20 Sep 2024
The global blood purification equipment market is estimated to be worth around USD 33.86 billion by 2033 and is poised to grow at a CAGR of 6.3% during the forecast period. Regular innovation and cutting-edge technology are the leading reasons behind the rapid growth of the blood purification equipment market.
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The equipment required to purify the blood from all the impurities through processes like dialysis, filtration, etc., is considered blood purification equipment. This process of purifying blood is done by sucking out blood from the body to the machine and then filtering that blood to remove unwanted components, and then pumping the blood back into the patient’s body. This treatment is done for various patients with kidney disorders and other autoimmune and blood-related issues. Hemodialysis is a method that has been used frequently in recent days.
Currently, blood purification equipment is used in three major cases: plasmapheresis, organ failure like kidney or renal failure, and immunoadsorption in autoimmune diseases. In the past few years, various research in the field of advancement of blood purification equipment has been done, and several new equipment with new techniques have been launched in the blood purification equipment market.
Technological advancement is driving the market
New technologies can help to get better results in the improvement of patients or provide comfort during the process of blood purification. Due to medical advancements in technology, the process of regular blood purification is possible for patients facing chronic issues. One of the best treatments advised for those suffering from multiple organ failure is continuous hemodiafiltration, which is a result of advanced technology.
It is predicted that the adoption of advanced technology by using novel biomaterials during the blood purification process will help reduce the health risks connected with the process. In this blood purification equipment market, the companies are focusing directly on the specific disease. It is predicted that in the upcoming time, various such companies will expand the advancement associated with blood purification equipment, which will enhance the chances of improvement. Increasing metabolic disorders such as hepatic disorders and multiple sclerosis are a few diseases that need blood purification treatment, driving the blood purification equipment market.
Patients going through blood purification methods involve the use of various things, such as blood purification machines, fluids, filters, and catheter kits. It is predicted that the overall cost of all these combined is very high because of the requirement of special filters for bio-separation techniques such as dialysis, adsorption, and filtration to treat several medical conditions. All these devices cost more due to advanced technology, serving multiple purposes at once, and having a display as well as touch screen feature.
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 19.54 Billion |
| Market Revenue by 2033 | USD 33.86 Billion |
| CAGR | 6.3% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2023 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Recent Development by Fresenius Medical Care
Recent Development by OrganaBio
North America dominated the blood purification equipment market in 2023 due to the rising number of elderly people existing in that region who have a high rate of suffering from chronic kidney diseases, renal diseases, and many other autoimmune diseases.
The region is well known for the progress of companies in developing advanced technology blood purification equipment, which is portable and can be handled easily. In the entire North American region, the U.S. is considered the largest market for patients with chronic kidney diseases, and hence, it contributes a large stake in the blood purification equipment market.
Asia Pacific is estimated to grow at the fastest rate during the forecast period. The Asia-Pacific market is observed to produce various equipment for blood filtration, hemodialysis, hemoperfusion, plasma exchange devices, and CRRT and provide it to hospitals, dialysis centers, clinics, and others as their end users. The main countries in the Asia-Pacific region are China, Japan, India, Australia, and South Korea, which are predicted to contribute significantly to market development. The market is significantly influenced by the growing acceptance of moveable blood purification equipment, which delivers better movement and flexibility in the treatment of the patient.
Patient awareness is raising the blood purification equipment market
The government is actively taking steps to make people aware of chronic diseases and also investing in their treatment. Many healthcare sectors are also progressively involved in spreading awareness about all these. The growing number of healthcare and dialysis centers are also influencing the rapidly growing blood purification equipment market and convenience for chronic kidney disease patients. With these advancements, people are also getting to know more about these treatments and the success rate associated with them.
With a few advanced technologies, patients can treat kidney-associated disorders on their own with the help of home hemodialysis (HHD). Because of its competent and patient-focused blood purification process, it is preferred as the most suitable alternative for in-center hemodialysis (ICHD). It is predicted that medical device manufacturers will make generous funding for home dialysis instruction in the forthcoming period because of an upsurge in the usage of HHD in many nations.
Market Segmentation
By Type
By Product
By Application
By End User
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