Global IT Solution for Dialysis Market, by Application (Data Acquisition, Data Management, Quality Assurance, Other Applications), and Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

IT Solution for Dialysis Market Overview

IT solution for the dialysis market is projected to reach USD 7,315.48 Mn by 2031 at a CAGR of 6.80%, from USD 3,789.05 Mn in 2021.

“Global IT Solution for Dialysis Market, by Application (Data Acquisition, Data Management, Quality Assurance, Other Applications), and Region – Global Forecast to 2031”. This report offers a holistic view of the global IT solution for dialysis through systematic segmentation that covers every aspect of this target market.

Dialysis is a medical procedure used to clean the blood of patients who suffer from kidney failure. The process removes waste, excess water, and electrolytes from the blood. Dialysis can be done using a machine called a hemodialysis machine or a peritoneal dialysis machine. During a dialysis treatment, a patient may face side effects such as potential bone disease, muscle cramps, low blood pressure, itching, depression, etc. Technology can make dialysis easier for patients and improve their quality of life.

Dialysis is a life-saving treatment for people with kidney disorders. However, the process can be very time consuming and requires access to a dialysis machine. Now, a new IT solution allows people with kidney failure to get the dialysis they need from the comfort of their own homes. The IT solution consists of a small computer connected to a dialysis machine.

Global IT Solution for Dialysis Market Revenue (US$ Mn), 2021–2031

Source: Prudour, 2021

The increasing prevalence of Chronic Kidney Disease (CKD) and End-Stage Renal Disease (ESRD) is a significant factor complementing market expansion prospects for this industry over the projected timeline. According to the Centers for Disease Control and Prevention, more than 726,000 people (2 out of every 1,000 persons) in the United States suffered from End-Stage Renal Disease in 2016. Moreover, investments in research & development efforts and strategic expansions by major players operating in this market may be expected to augment this market further in the future.

Adoption and implementation expenses, ongoing maintenance costs, revenue loss linked with temporary loss of productivity, and overall revenue decline are all financial concerns. Purchasing and installing gear and software, converting paper charts to electronic charts, and educating end users are all associated with EHR adoption and implementation. According to NCBI data, the initial cost of software, training, and installation is expected to be US$22,038 per full-time equivalent, whereas hardware costs roughly US$13,000 per Full-Time Equivalent (FTE). As a result, the high cost of IT solutions will likely stifle the global IT solutions for the dialysis market.

As a result of the increasing number of ESRD and CKD patients, more dialysis procedures are being performed, providing a significant opportunity for healthcare IT solution providers to develop and launch innovative and technologically advanced information technology solutions/software for dialysis data management.

To expand their expertise in creating information technology platforms utilized in nephrology, market participants in North America focus on inorganic growth tactics such as collaborations and partnerships. For example, in March 2017, Acumen Physician Solutions, a Fresenius Medical Care North America subsidiary, teamed with Epic Systems Corporation to create Acumen 2.0, a new nephrology EHR and practice management software.

Furthermore, due to the presence of major key players in the region over the forecast period, the Asia Pacific IT solution for the dialysis market is anticipated to expand significantly. For example, Renalyx Health Systems Private Limited, based in Bengaluru, India, offers a variety of dialysis IT solutions, including Point-of-Care – Detecting CKD and Renal Information Management System. Really-Care keeps patient records in the cloud using a Nephrology Information System.

Transportation facilities in several countries have been disrupted due to imposed lockdowns. As a result, dialysis demand soared. According to the latest Intensive Care US National Audit and Research Centre report on COVID-19, 28.8% of critical care patients who needed advanced respiratory support also needed real help. Lockdowns across many countries in recent months have impacted supply chains and manufacturing activity, including in countries such as India, Italy, Spain, the United Kingdom, and the United States. Saudi Arabia, the United Arab Emirates, Egypt, and other countries faced difficulty transporting goods. NHS England works with the renal community to resolve this issue for critical patients, including establishing emergency renal operational delivery networks with leads who collaborate closely with essential care networks. Although NHS England engages with equipment makers, there is a significant possibility of a supply-demand mismatch. This major factor is expected to influence this market’s overall financial trajectory profoundly.

To grow their product offerings in the industry, leading competitors in the market are focusing on acquisition and partnership tactics. In January 2020, B. Braun Avitum UK Ltd. (B. Braun) teamed with Quanta Dialysis Technologies Ltd., a British medical technology business, to create the SC+ personal hemodialysis system. B. Braun Avitum UK Ltd. (B. Braun) delivered products and support services to Quanta’s UK patients who were utilizing SC+ at home due to this agreement.

The Global IT Solution for Dialysis Market Segmentation Based on, Application, and Region

Based on Application

• Data Acquisition
• Data Management
• Quality Assurance
• Other Applications

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

This research report on the global IT solution for the dialysis market includes major company profiles such as

• CitiusTech Inc.
• B. Braun Melsungen AG
• QuantumS ys Technologies
• Fresenius Medical Care AG & Co. KgaA
• Constellation Kidney Group
• Renalyx, Sagekey Software Inc.
• Aithent Inc.
• Gaia Software LLC
• CureMD Healthcare, Renesan Software
• Document Storage Systems Inc., Visonex
• I Salus Healthcare
• M Dialysis, and among others.

For the IT Solution for Dialysis Market research study, the following years have been considered to estimate the market size: