The latest market report published by Credence Research,
Inc. “Global Hemodialysis
and Peritoneal Dialysis Market By Type (Hemodialysis, Peritoneal
Dialysis), By Product (Services, Devices, Consumables) - Growth, Future
Prospects & Competitive Analysis, 2018 – 2026,” the global
hemodialysis and peritoneal dialysis market is valued at US$ 63,796.2 Mn and is
expected to reach US$ 1,09,625.8 Mn by 2026 expanding at a CAGR of 6.2% from
2018 to 2026.
Market Insights
According to World Health Organization (WHO) the global
prevalence rate of chronic kidney disease is ranging from 11 to 13% with
majority of the patients in the stage 3 of the renal disease. Lack of early
medical intervention and frequent failure in kidney transplant has led to the
rise in mortality related to chronic kidney disease. Hemodialysis and
peritoneal dialysis is currently the best viable treatment option for patients
suffering with end stage renal disease.
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Hemodialysis is dominating the type segment for hemodialysis
and peritoneal dialysis market. Rising popularity of nocturnal hemodialysis
procedure and constant rise in the number of kidney transplant failures in
patients suffering with end stage renal cancer drive the hemodialysis procedure
market. Peritoneal dialysis is gaining traction owing to the low cost, low
infection rate and better patient compliance in comparison to hemodialysis.
Services are reigning the product segment for hemodialysis
and peritoneal dialysis market. Rampant growth in the number of hospitals and
availability of trained medical professionals specializing in kidney dialysis
drive the services market growth. Supportive regulatory environment and
advanced features exhibiting ease of operation and patient compliance would
eventually result in the fast growth of devices. Consumables are in great
demand due to its disposable nature and lower infection risk during dialysis
procedure which is performed 2 to 3 times weekly.
Currently North America is the clear leader in the regional
segment for hemodialysis and peritoneal dialysis market. Rampant growth in the
hospitals and specialty clinic related to kidney care and rising prevalence of
end stage renal disease in the elderly population drive the market growth in
North America. Europe is driven by factors such as affordable reimbursement for
in bound patients receiving dialysis in hospital settings and domicile of key
players such as DaVita, Inc., Cantel Medical Corporation, Medline Industries,
Inc., etc. Asia Pacific is set to register impressive growth during the
forecast period on account of factors such as rising prevalence of chronic
kidney disease and completion exerted by local players to market leaders
resulting in positive traction for hemodialysis and peritoneal dialysis market
growth.
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Medical device manufacturers providing services, devices and
consumables pertaining to hemodialysis and peritoneal dialysis are Asahi Kasei
Corporation, Baxter International, Cantel Medical Corporation, DaVita, Inc.,
Dialysis Clinic, Inc., Fresenius Medical Care AG & Co., KGaA, Medline
Industries, Inc., Merit Medical Systems, Nipro Medical Corporation and NxStage
Medical, Inc.
Key Market Movements:
- Rising
prevalence of chronic kidney disease throughout the globe
- Increasing
demand for hemodialysis and peritoneal dialysis in comparison to kidney
transplant in patients suffering with end stage renal disease
- Affordable
reimbursement scenario for dialysis performed by in bound patients in
hospital settings.
By Type (2016–2026; US$ Mn)
- Hemodialysis
- Conventional
- Short
Daily
- Nocturnal
- Peritoneal
Dialysis
- Continuous
Ambulatory Peritoneal Dialysis (CAPD)
- Automated
Peritoneal Dialysis (APD)
By Product (2016–2026; US$ Mn)
- Services
- Devices
- Consumables
By Geography Segment (2016–2026; US$ Mn)
- North
America
- Europe
- Asia
Pacific
- Latin
America (LATAM)
- Middle
East and Africa (MEA)
Browse the full report Hemodialysis and
Peritoneal Market report at https://www.credenceresearch.com/report/hemodialysis-and-peritoneal-dialysis-market
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