Blood Purification Equipment Market Overview, Analysis And Demand By 2034
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What Is the Current Market Size and Growth Rate of the Blood Purification Equipment Market?
The blood purification equipment market size has grown strongly in recent years. It will grow from $20.71 billion in 2024 to $21.81 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to increased renal diseases, aging population, government initiatives, growing ICU admissions, rising chronic conditions.
The blood purification equipment market size is expected to see strong growth in the next few years. It will grow to $30.56 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to home-based dialysis solutions, focus on cost-effectiveness, renal replacement therapies innovation, personalized treatment, regulatory support. Major trends in the forecast period include personalized medicine approaches, enhanced connectivity, collaborations and partnerships, expanded applications, multi-modal therapies.
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What Are the Key Drivers of the Blood Purification Equipment Market?
Increasing kidney transplants is expected to propel the growth of the blood purification equipment market going forward. Kidney transplant refers to a surgical procedure in which a healthy kidney from a donor is transplanted into a patient with end-stage renal disease (ESRD) or other severe kidney-related disorders. Blood purification equipment can help in the management of these patients by removing excess medications from the blood, maintaining the balance of electrolytes, and managing fluid levels. For instance, in July 2023, according to the National Health Service (NHS), a UK-based government department, compared to 2021/22, there was an increase of 18% in deceased organ donors and a 27% increase in organ transplants in 2022/2023. Therefore, increasing kidney transplants is driving the blood purification equipment market.
How Is the Blood Purification Equipment Market Segmented?
The blood purification equipmentmarket covered in this report is segmented –
1) By Product Type: Portable, Stationary
2) By Indication: Sepsis, Renal Diseases, Other Indications
3) By End User: Hospitals And Clinics, Dialysis Centers, Other End Users
Subsegments:
1) By Portable: Handheld Devices, Compact Systems
2) By Stationary: Large-Scale Purification Units, Hospital-Based Systems
What Are the Key Trends Shaping the Blood Purification Equipment Market?
Major companies operating in the blood purification equipment market are developing innovative products to address the growing demand for blood purification therapy. For instance, in June 2022, Santersus AG, a therapeutic apheresis company, received FDA breakthrough designation for its medical device product, NucleoCapture. The NucleoCapture device is designed to cleanse patient blood of neutrophil extracellular traps (NETs), which have been recognized as a contributing factor in the development of sepsis and other conditions. It is a first-in-class, fully functional product designed to capture and remove circulating NETs from patient blood, allowing safe removal of NETs without compromising the defensive function of neutrophils.
Which Are the Top Companies in the Blood Purification Equipment Market?
Major companies operating in the blood purification equipment market include B. Braun Melsungen AG, Baxter International Inc., Nikkiso Co. Ltd., Spectra Medical Inc., Fresenius SE and Co. KGaA, Cerus Corporation, Infomed SA, Asahi Kasei Corporation, Healthwell Medical Tech. Co. Ltd., SWS Medical Group, ExThera Medical Corporation, Stellarray Inc., Medtronic, Toray Medical Co Ltd., NxStage Medical Inc., Nipro Pharma Corporation., WEGO Group, JMS Co. Ltd., Shanwaishan Medical Group, Cytosorbents Corporation, Aethlon Medical Inc., SWS Hemodialysis Care Co Ltd, Jafron Biomedical Co. Ltd., Medica S.p.A., Medivators Inc., Rockwell Medical Inc., Terumo Corporation, Belco, Spiggle & Theis Medizintechnik, Delcon
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Which Region Is Projected to Account for the Largest Share of the Blood Purification Equipment Market?
Asia-Pacific was the largest region in the blood purification equipment market in 2024. The regions covered in the blood purification equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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