Latin America Dialyzer Market

Latin America Dialyzer Market Size (2024 to 2029)

The Latin America dialyzer market size is estimated to reach USD 409.80 million by 2029. In 2024, the market was sized at USD 280.33 million, at a CAGR of 7.89% during 2024 to 2029.

A dialyzer is a medical device that replaces kidney function by using an artificial membrane to remove excess water and metabolic wastes from the blood. Dialyzers are primarily used by healthcare professionals for hemodialysis.

The dialyzer market is being driven by a considerable increase in the geriatric population and the frequency of renal disorders, particularly end-stage renal disease (ESRD). 

On the other hand, technical improvements that increase acceptance and potential in emerging economies are expected to boost the dialyzer market. However, during the forecast period, supportive government measures and increased healthcare financing to raise knowledge of treatment modalities are also expected to promote equipment sales. 

Moreover, the use of renal dialysis rather than kidney transplantation and the advent of technologically improved and user-friendly dialysis equipment are major market trends.

The rapid expansion of dialysis centers and hospitals in developing countries, combined with an increase in the number of patient treatments, is likely to stimulate the development of Latin America Dialyzer Market over the forecast period.

Furthermore, an increase in financing for enhanced dialysis products and services, as well as an increase in the frequency of diabetes and hypertension and a lack of kidneys for transplantation, are predicted to fuel market expansion.

However, The market growth is hampered by the difficulties and hazards associated with hemodialyzers, such as severe anemia and fluid overload. In addition, restrictive reimbursement is a major restraint to the dialyzer market’s expansion in Latin America. Many other factors, on the other hand, including a lack of understanding of kidney illness, the evolution of small and medium businesses in a highly competitive market.

This research report on the Latin America dialyzer market has been segmented and sub-segmented into the following categories.

Global Dialyzer Market Analysis By Type

• High-Flux
• Low-Flux

Global Dialyzer Market Analysis By End-User

• In Center Dialyzer
• Home Dialyzer

Global Dialyzer Market Analysis By Country

• Brazil
• Argentina
• Chile
• Mexico
• Rest of Latin America

Latin America dialyzer market is anticipated to witness a promising share during the forecast period. The regional market growth is attributed to the rapidly increasing infrastructure and market penetration by established market players. Also, increased funding for improved dialysis products and services, rising diabetes and hypertension cases, and a lack of kidneys for transplantation are all expected to increase market growth in Latin America. Furthermore, countries in Latin America such as Brazil, Chile, and Mexico have a greater proportion of the geriatric population. Therefore, the expansion of the patient group is another factor that positively impacts the market growth.

Brazil dominated the Latin America home dialysis market by country, with a CAGR of 3.9 percent, and is expected to grow significantly during the forecast period 2023 - 2028. On the other hand, the Argentina market is estimated to grow at an approximate CAGR of 6% in 2023 -2028. Therefore, the Brazilian renal dialysis equipment market is expected to rise at a CAGR during the forecast period. As a result, in 2023, Brazil had the greatest share of the Latin American home medical equipment market. 

In 2020, Brazil’s predicted incidence rate of end-stage renal disease (ESRD) treatment per million population was 220 cases. As a result, the market is growing due to an increase in the number of cases of end-stage renal disease in Brazil. They accounted for the most significant proportion of all hemodialysis machines in 2023 and are predicted to expand at a high CAGR over the forecast period.

KEY MARKET PLAYERS

Asahi Kasei Corp., B. Braun Melsungen AG, Baxter International Inc., Medtronic Plc, JMS Co.Ltd., Kawasumi Laboratories Inc., Fresenius Medical Care AG and Co. KGaA, Nikkiso Co. Ltd., Nipro Corp. and Toray Industries Inc. are some of the key players operating in the Latin America dialyzer market profiled in this report.