The Peritoneal Dialysis Market is estimated to reach USD 5.85 Billion by 2028, according to a new report by Reports and Data.
The Peritoneal Dialysis Market is estimated to reach USD 5.85 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the growing incidences of chronic diseases along with technological advancements that are expected to become the most common growth factors globally in the coming years.
Peritoneal dialysis (PD) is a method of dialysis that uses the dialysis solution and the inner lining of the abdomen to drain blood when the kidney is not functioning efficiently. This method is mostly performed at home and principally works to remove excess waste products and fluid from the blood. ESRD (End-stage renal disease), which is generally known as kidney failure is one of the significant factors for the growth of the market. Diabetes is the most usual cause of ESRD, whereas high blood pressure is the second most common cause of ESRD. High blood pressure and diabetes are the most common chronic diseases among the global population, and shortage of kidneys for transplantation due to stringent regulations regarding kidney transplantation in several countries are some of the factors that are responsible for stimulating the market globally. However, lack of awareness and limited demand in underdeveloped countries are some of the factors that may hinder the market growth. The rise in demand for home peritoneal dialysis treatment and increased opportunities in weak and emerging markets can create future opportunities further.
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Due to the presence of key players, favorable reimbursement policies, and rising number of chronic diseases along with several initiatives initiated by the government, North America accounts for the largest share of 35.3% of the market in 2018.
ESRD, which is generally known as kidney failure is a one of the key factors for growth of the market. Diabetes is the most usual cause of ESRD, whereas high blood pressure is another common cause of ESRD. High blood pressure and diabetes are the most common chronic disease population across the globe. The shortage of kidneys for transplantation owing to stringent regulations in several countries may stimulate industry growth in the coming years. Moreover, a growing aging population that needs long term care requirements, raising awareness about hospital-acquired infections and increased patient preference of advanced kidney treatment will offer lucrative opportunities for the global peritoneal dialysis market growth through 2028.
Companies considered and profiled in this market study
Baxter International, Nipro, B. Braun Melsungen, DaVita Healthcare Partners, Covidien, Dialysis Clinic, Fresenius Medical Care, Diversified Specialty Institute Holdings, Medical Components, Huaren Pharmaceutical, NephroPlus, Northwest Kidney Centers, Satellite Healthcare, NxStage Medical, Renal Services, Sandor, Sichuan Kelun Pharmaceutical, and U.S. Renal Care
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Further key findings from the report suggest
- Based on type, the Continuous Ambulatory Peritoneal Dialysis segment is expected to observe a notable growth rate of 5.4% through 2028 on account of its portability, low cost, and lesser machines attachments.
- Based on end-use, the hospital based dialysis segment accounts for nearly 31.2% of the market share in 2020 and is expected to make significant contributions through 2028. The segmental growth is driven by the availability of unique diagnostic and therapeutic medical technologies that enable quick and accurate diagnosis in these settings.
- In the regional landscape, Europe accounted for nearly 26.3% of the global peritoneal dialysis market share in 2020 and is expected to exhibit a CAGR of 5.3% during the forecast period.
- In 2020, North America accounted for 35.3% of the global peritoneal dialysis market and is expected to gain major traction through 2028 on account of increasing prevalence of chronic diseases, favorable reimbursement policies, and several initiatives by the government supporting adoption of advanced medical systems in healthcare settings.
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For the purpose of this study, Reports and Data has segmented the global Peritoneal Dialysis Market on the basis of Type, End-user, Product and region:
Type Outlook (Revenue, USD Million; 2020-2028)
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Automated Peritoneal Dialysis (APD)
End-user Outlook (Revenue, USD Million; 2020-2028)
- Home-Based Dialysis
- Dialysis Center & Hospital Based Dialysis
Product Outlook (Revenue, USD Million; 2020-2028)
- Peritoneal Dialysis Solution
- Device
- Peritoneal Dialysis Set
- Catheter
- Others
Regional Outlook (Revenue, USD Million; 2020-2028)
- North America
- U.S.
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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