Taiwan Dialysis Market Set to Reach USD 318 Million by 2030, Driven by Rising CKD Prevalence, Aging Population, and Technological Advancements

According to Next Move Strategy Consulting, the Taiwan Dialysis Market is expected to grow significantly, with a projected market value of USD 318 million by 2030. This growth, at a compound annual growth rate (CAGR) of 6% from 2024 to 2030, is driven by several key factors, including an increasing prevalence of chronic kidney disease (CKD), a rapidly aging population, and advancements in dialysis technology.

Dialysis is an essential medical procedure for patients with kidney failure or severe kidney dysfunction, providing life-saving treatments for those suffering from end-stage renal disease (ESRD). The Taiwan dialysis market covers a wide range of products and services, including dialysis machines, dialyzers, and pharmaceuticals for managing complications associated with kidney failure. The market also encompasses dialysis services offered through hospitals, specialized dialysis centers, and home-based treatments, all of which are critical in addressing the growing healthcare needs of Taiwan’s population.

Download Free Sample: https://www.nextmsc.com/taiwan-dialysis-market/request-sample

Rising CKD Prevalence and Diabetes Fuel Market Demand

A primary driver of the Taiwan dialysis market is the increasing prevalence of chronic kidney disease (CKD), largely due to rising rates of diabetes and hypertension. According to recent reports from BenQ Dialysis, around 2.5 million people in Taiwan are affected by kidney disease, with more than 90,000 currently undergoing dialysis treatment. With the country's healthcare system expanding to meet this growing demand, the dialysis market is poised for continued growth.

Additionally, the rising prevalence of diabetes in Taiwan is a key factor contributing to the market's expansion. The International Diabetes Federation (IDF) reports that the number of diabetes patients in Taiwan stood at approximately 24.5 million in 2021 and is projected to rise to 30.3 million by 2045. Since diabetes is a major risk factor for kidney complications, the growing number of diabetic patients is driving the demand for advanced dialysis solutions.

Aging Population Boosts Dialysis Treatment Needs

The aging population in Taiwan is another crucial factor propelling the dialysis market. As the risk of CKD increases with age, the rising number of elderly individuals in Taiwan is expected to lead to a higher demand for dialysis treatments. The latest data from the Global Taiwan Institute indicates that the proportion of individuals aged 65 and above will increase to 19% by 2050. This demographic shift will result in greater healthcare challenges and an intensified need for dialysis services, further driving market growth.

Technological Advancements Create Opportunities for Market Expansion

Technological advancements in dialysis devices, particularly the development of portable and home-based dialysis solutions, are also creating substantial growth opportunities. These innovations enable patients to manage their treatment more conveniently, providing greater independence and mobility. Home dialysis, in particular, is gaining popularity due to its flexibility, reduced time spent in healthcare facilities, and enhanced quality of life for patients. The homecare segment is expected to experience the highest growth rate in the Taiwan dialysis market, with a projected CAGR of 8.3% from 2024 to 2030.

Moreover, innovations such as digital health solutions and remote monitoring are transforming patient management, allowing healthcare providers to track patient progress outside the clinic and improve overall treatment outcomes. These technological developments are expected to significantly enhance patient care and create new opportunities for market growth.

Inquire Before Buying: https://www.nextmsc.com/taiwan-dialysis-market/inquire-before-buying

Challenges: Shortage of Skilled Healthcare Professionals

Despite the promising growth prospects, the Taiwan dialysis market faces challenges, particularly the shortage of skilled healthcare professionals. The limited availability of nephrologists, dialysis nurses, and other specialized staff impacts the capacity to meet the rising demand for dialysis treatments. This shortage can lead to delays in treatment and a decline in the quality of care, which may hinder market growth.

Competitive Landscape

The Taiwan dialysis market is highly competitive, with several leading players offering a range of dialysis products and services. Key market participants include Fresenius Medical Care, Baxter International, Inc., B. Braun, Nikkiso Co. Ltd., Medtronic plc, HI-CLEARANCE INC, Becton, Dickinson and Company, BenQ Dialysis Technology Corp, Bioteque Corporation, and Excelsior Medical Co., Ltd. These companies are focused on innovation, expanding their product portfolios, and enhancing service offerings to meet the growing demand for dialysis care in Taiwan.

Market Segmentation

The Taiwan dialysis market is segmented as follows:

• By Type:
• Hemodialysis (Conventional Hemodialysis, Hemofiltration, On-line Hemodiafiltration, Off-line Hemodiafiltration)
• Peritoneal Dialysis
• By Dialysis Modality:
• Conventional Dialysis
• Short Daily Dialysis
• Nocturnal Dialysis
• By Product Type:
• Equipment (Dialysis Machines, Dialyzers, Bloodlines, Other Equipment)
• Consumables (Dialysis Fluids, Catheters, Dialysis Access Devices, Other Consumables)
• Services (Dialysis Treatment Services, Maintenance and Support Services)
• By End-User:
• Hospitals
• Dialysis Centers
• Homecare
• Ambulatory Surgical Centers

Conclusion

The Taiwan Dialysis Market is set for strong growth, driven by a rising incidence of CKD, an aging population, and an increasing number of diabetes patients. The market is expected to reach USD 317.5 million by 2030, offering significant opportunities for healthcare providers and medical device manufacturers. Technological advancements, particularly in portable and home dialysis devices, will play a pivotal role in improving patient outcomes and expanding the market further. However, addressing the shortage of skilled healthcare professionals remains a key challenge. With the right strategies, the Taiwan dialysis market is positioned for continued success in the coming years.

For more information, please contact:

Next Move Strategy Consulting

E-Mail: info@nextmsc.com

Direct: +1-217-650-7991

Website: www.nextmsc.com

Follow Us: LinkedIn | Twitter | Facebook | Instagram | YouTube

About Next Move Strategy Consulting: 

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicates as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.