The size of the dialysis equipment market in the Middle East & Africa is expected to grow to USD 2.64 billion by 2028 from USD 2.2 billion in 2023, registering a CAGR of 3.7% during the forecast period.
The dialysis devices and devices market includes the sale of dialysis devices and equipment and related services by entities (organizations, sole proprietorships, and partnerships) that manufacture dialysis devices and equipment used in the treatment of dialysis patients. The dialysis equipment and devices industry includes establishments that manufacture dialysis equipment and devices such as dialyzers, dialysis pumps and other instruments used in the dialysis process, including blood pumps, dialysis machines, dialysis machines, catheters, and tube kits.
New financing channels in healthcare, improving healthcare infrastructure, a growing number of dialysis patients who need dialysis, and the adoption of advanced technologies in dialysis equipment are some of the factors that are expected to drive the MEA dialysis equipment market. As a result, the Middle East and Africa continue to compete with renal dialysis equipment at a high growth rate.
Current dialysis methods place a heavy burden on a country's health system and change the patient's lifestyle. Therefore, dialysis patients must adapt their lifestyle and routine to the treatment program. Therefore, research is underway to develop a portable artificial kidney that helps people remove waste and fluids through more frequent, prolonged, or continuous dialysis sessions on the go without interrupting their daily activities. This could improve the patient's health while reducing the impact of treatment on quality of life. Hence, the portable artificial kidney is likely to see rapid adoption, which will drive the growth of the MEA dialysis equipment market.
The preference for home therapies is increasing due to their flexible treatment options, reduced costs, and fear of continued coronavirus infection. There is ample evidence that COVID-19 causes serious immunity problems in the most severe patients. Studies also suggest that infection with COVID-19 causes acute kidney injury (AKI). People on dialysis have to visit clinics or hospitals 2-3 times a week, where there are concerns that patients may be infected with the coronavirus. The need to diagnose, treat and monitor patients without human contact has increased to contain the spread of COVID-19, resulting in a greater preference for home dialysis among patients.
Developing countries in Africa and the Middle East, representing a large population of End-Stage Renal Diseases, do not have a well-established system of full reimbursement and insurance coverage for dialysis. Reimbursement is essential for the greater acceptability of dialysis due to the high cost of treatment. As a result, most patients in emerging countries drop out of treatment halfway or do not have access to treatment due to financial constraints. This is a key factor that is expected to hamper the growth of the hemodialysis and peritoneal dialysis markets. In developing African countries, only 20% of patients receive dialysis treatment. COVID-19 can affect the global economy in three main ways: directly affecting production and demand, disrupting the supply chain and market, and its financial impact on businesses and financial markets.
This research report on the MEA Dialysis Equipment Market has been segmented and sub-segmented into the following categories:
MEA Dialysis Equipment Market - By Type:
MEA Dialysis Equipment Market – By End User:
MEA Dialysis Equipment Market – By Country:
Geographically, the market for portable dialysis machines is estimated to be growing slowly in South Africa. The country is an upper-middle-income country and is experiencing development in the health sector; however, countries like Saudi Arabia, the United Arab Emirates, Kuwait, and Israel have better-expected growth for the forecasted period.
The South African hemodialysis and peritoneal dialysis market size is expected to reach USD 858 million by 2027. The increasing incidence of end-stage renal disease (ESRD) is expected to drive the market at a CAGR of 7.5% over the forecasted period.
KEY MARKET PLAYERS:
A few of the companies operating in the Middle East & Africa dialysis equipment market profiled in the report are Fresenius Medical Care AG & Co., Gambro AB, Baxter International Inc., Nipro Inc., ALL-MED Medical GmbH, Asahi Kasei Corporation, and others.
Saudi Arabia and the United Arab Emirates are currently leading in growth, driven by increased healthcare investments and a rising prevalence of renal diseases.
The demand has witnessed a notable increase, primarily due to a higher incidence of chronic kidney diseases and improved awareness about available treatment options.
Factors such as increasing disposable income, urbanization, and a growing aging population contribute significantly to market growth.
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