Blood Purification Equipment Market Size, Trends and Growth Analysis by 2027

The worldwide market for blood purification equipment is projected to grow from US$ 3,881.3 million in 2018 to US$ 5,502.8 million by 2027, reflecting a compound annual growth rate (CAGR) of 4.0% during the period from 2019 to 2027.

Several key factors are propelling the expansion of the blood purification equipment sector. These include the rising incidence of chronic kidney diseases, advancements in hemodialysis technology, and an increasing trend towards home healthcare solutions. Conversely, challenges such as the high costs associated with blood purification devices and the potential risks linked to the procedures may hinder market growth.

Chronic kidney disease (CKD) is one of the most prevalent forms of renal disease. This long-term condition is often a result of high blood pressure and tends to worsen over time. CKD arises when the kidneys fail to function properly, leading to a gradual decline in their ability to filter waste from the blood. Eventually, this condition necessitates dialysis, a process that utilizes specialized machines to cleanse the blood. Hemodialysis devices play a significant role in the blood purification equipment market, and as the number of patients requiring regular dialysis increases, so too does the demand for these essential devices, thereby driving market growth.

Moreover, the mortality rate associated with chronic kidney diseases has escalated in recent years. According to a 2015 study by the Global Burden of Diseases, published by the World Health Organization (WHO), kidney failure was responsible for 1.2 million deaths, marking a 32% increase since 2005. The WHO also highlighted that around 2.3 million individuals with end-stage kidney disease succumbed due to insufficient access to dialysis treatment. This alarming trend underscores the necessity for more hemodialysis units worldwide, which is anticipated to further stimulate market growth.

The blood purification equipment market is categorized based on product type and end-user demographics. In terms of product classification, the market includes hemodialysis devices, blood filtration devices, continuous renal replacement therapy (CRRT) devices, hemoperfusion devices, and plasma exchange devices. Regarding end users, the market is divided into medical centers, hospitals, and other healthcare facilities.