Taiwan Dialysis Market to Reach USD 318 Million by 2030
The Taiwan dialysis market, is projected to grow at a compound annual growth rate (CAGR) of 25%, reaching USD 318 million by 2030, according to a new report by Next Move Strategy Consulting.
Claim Your FREE Sample and See the Difference!
A key driver behind the market’s rapid growth is the country’s growing geriatric population. As the risk of chronic kidney disease (CKD) increases with age, the demand for dialysis services is set to rise significantly. Taiwan's elderly population is projected to comprise 19% of the total population between 2019 and 2050, according to the Global Taiwan Institute, which emphasizes the increasing need for kidney care services, including dialysis.
In addition to the aging demographic, the growing number of diabetes patients in Taiwan is also fueling market expansion. Diabetes is a major risk factor for kidney-related complications, and the rising prevalence of diabetes in Taiwan is expected to further boost the demand for dialysis treatments. According to the International Diabetes Federation (IDF), Taiwan had approximately 24.5 million diabetes patients in 2021, a number that is projected to increase by 23.7%, reaching 30.3 million by 2045. This surge in diabetes cases is significantly driving the demand for advanced dialysis solutions and comprehensive renal care.
Conclusion
The Taiwan dialysis market is set for robust growth, driven by the country’s aging population and the rising number of diabetes cases. As demand for dialysis services continues to increase, there is a growing need for advanced treatment solutions and better healthcare infrastructure. This trend highlights the importance of investing in kidney care services to meet the healthcare challenges posed by an aging and increasingly diabetic population.