U.S. SNF Based Dialysis Market Growth & Trends
The U.S. SNF based dialysis market size is expected to reach USD 4.5 billion by 2030, expanding at a CAGR of 6.22%, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the rising prevalence of ESRD patients in the U.S. and the growing number of on-site hemodialysis providers.
Many skilled nursing facilities (SNFs) are collaborating with the on-site dialysis providers such as DaVita Kidney Care, Fresenius Medical Care, U.S. Renal Care, Inc., Dialysis Clinic, Inc., and American Renal Associates to offer these services to their residents and bypass the expensive and stressful transportation. For instance, in July 2022, Dialyze Direct, a home hemodialysis service provider in SNFs, collaborated with the CommuniCare Family of Companies to provide on-site hemodialysis services at their facilities across the U.S.
The on-site hemodialysis care model is growing involving collaborations between SNFs and dialysis providers to offer on-site treatments at SNFs for residents. This can be attributed to the rising awareness regarding the benefits of on-site dialysis over in-center. Dialysis is usually the best option for ESRD patients waiting for transplantation. On-site hemodialysis offers treatment three times higher than daily dialysis patients. According to Concerto, on-site dialysis services require 17% less treatment time than traditional off-site services.
The COVID-19 pandemic increased the demand for on-site hemodialysis services at SNFs owing to social distancing issues during the transportation of patients. Hence, SNFs have collaborated with on-site dialysis providers. As per the annual report of the U.S. Renal Data System 2020, Medicare expenditure for ambulance services to transfer patients between skilled nursing and dialysis facilities reached more than USD 310 million per year, accounting for more than 1% of total Medicare expenditure on dialysis patients.
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U.S. SNF Based Dialysis Market Report Highlights
- Based on region, the Midwest region accounted for the largest revenue share in 2022 due to the presence of the majority of SNFs offering on-site hemodialysis providers
- Improved reimbursements for SNF-based dialysis are expected to boost the demand for the market. In July 2019, the CMS released the ESRD Treatment Choices (ETC) model that is expected to boost dialysis treatment reimbursements, and SNFs are considered the home for the residents and will have higher reimbursements
- The government is taking initiatives to regulate the market and offer higher-quality services to patients. In August 2018, the CMS updated regulations for dialysis centers, which comprise various modalities focusing on the locations of the services. The revised advice confirmed CMS’s acknowledgment of dialysis in nursing homes by revising the State Operations Manual and adding section 2271A, entitled “Dialysis in Nursing Homes
- The SNFs are collaborating with dialysis service providers to offer on-site services at various locations. For instance, in August 2019, The Alden Network introduced on-site hemodialysis services at Alden Town Manor
Access Press Release@ https://www.grandviewresearch.com/press-release/us-snf-based-dialysis-market-analysis
U.S. SNF Based Dialysis Market Segmentation
Grand View Research has segmented the U.S. SNF based dialysis market based on region:
U.S. SNF Based Dialysis Regional Outlook(Revenue, USD Million, 2018 - 2030)
- Northeast
- Southeast
- Southwest
- Midwest
- West
List of Key Players in the U.S. SNF Based Dialysis Market
- Genesis Healthcare
- Brickyard Healthcare (Formerly Golden LivingCenters)
- Plaza Healthcare
- Carespring
- Generations Healthcare Network
- Arbors Of Ohio
- Medilodge
- The Alden Network
- Avalon Health Care
- Batavia Nursing Care Center
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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