The Global Peritoneal Dialysis Market is forecasted to be worth USD 5.73 billion by 2027, according to a new report by Emergen Research.
The Global Peritoneal Dialysis Market is forecasted to be worth USD 5.73 billion by 2027, according to a new report by Emergen Research. The market is estimated to grow at a CAGR of 8.6% from 2020 to 2027. The rising prevalence of chronic kidney diseases (CKD) and the increasing number of end-stage renal disease (ESRD) patients are the primary factors driving market growth.
In addition, the growing preference for peritoneal dialysis over hemodialysis is another significant factor projected to fuel market growth in the coming years. Peritoneal dialysis is a less invasive procedure as compared to hemodialysis and provides greater flexibility to patients in terms of time and location. However, the high cost of peritoneal dialysis equipment and procedures is the major factor restraining market growth. In addition, the lack of awareness about peritoneal dialysis in developing countries is another key factor hampering market growth.
Technological advancement in healthcare equipment & diagnosis solutions and rising awareness about the early detection of chronic kidney diseases are the major factor driving growth of the peritoneal dialysis market.
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A higher preference for the peritoneal dialysis procedure over hemodialysis, due to its many advantages such as desensitization of the vascular system, and avoiding the need for arteriovenous access have resulted in the peritoneal dialysis market gaining significant traction in recent years.
Further key findings from the report suggest
- In June 2019, Baxter International Inc. (US) acquired Cheetah Medical (US), a provider of non-invasive hemodynamic monitoring solutions. This acquisition will help Baxter to expand its product portfolio in the field of renal care and enter the market for hemodynamic monitoring solutions.
- In September 2018, Fresenius Medical Care AG & Co. KGaA (Germany) acquired NxStage Medical, Inc. (US), a leading provider of dialysis products and services. This acquisition helped Fresenius to expand its product portfolio in the field of renal care and enter the market for home dialysis products.
- Peritoneal Dialysis Solution segment is expected to grow at the highest CAGR during the forecast period. The peritoneal dialysis solution segment includes all the fluids used for peritoneal dialysis. The global peritoneal dialysis solution market is expected to grow at a high rate during the forecast period. This is due to increase in awareness about PD and its benefits, and availability of a wide range of PD solutions. According to a study by the National Kidney Foundation (NKF), in 2017, the prevalence of end-stage renal disease (ESRD) was 726,331 in the U.S., an increase of 3.5% from 699,943 in 2013. This increase is primarily attributed to the aging population and the rising prevalence of diabetes and hypertension.
- The continuous ambulatory peritoneal dialysis (CAPD) segment is estimated to account for the largest share of the Peritoneal Dialysis Market in 2020. This segment includes all major types of CAPD, such as manual CAPD and automated PD. The increase in government initiatives to promote awareness about kidney diseases and the availability of technologically advanced PD products are some of the major factors driving the growth of this segment.
- The home hemodialysis (HHD) segment is expected to grow at a CAGR of 5.6% during the forecast period. HHD provides patients with flexibility, as they can choose to perform hemodialysis at any place and time. Home hemodialysis also helps in reducing the cost of dialysis treatment by eliminating the need for frequent hospital visits. The increase in awareness about chronic kidney diseases and the launch of new HHD products are expected to drive the growth of this segment during the forecast period.
- North America is expected to be the leading contributor to the global market due to the rising prevalence of CKD and ESRD in the region. According to the National Kidney Foundation, in 2017, around 37 million adults in the U.S. were diagnosed with CKD. In addition, according to the American Kidney Fund, in 2019, around 661,000 Americans were suffering from end-stage renal disease (ESRD). The presence of a large number of key market players in the region is another major factor driving market growth in North America.
- Key players in the market 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, among others.
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For the purpose of this report, Emergen Research has segmented into the global Peritoneal Dialysis Market on the basis of Product, Type, End-User, and Region:
Product Outlook (Revenue: USD Billion; 2017-2027)
- Peritoneal Dialysis Solution
- Device
- Peritoneal Dialysis Set
- Catheter
- Others
Type Outlook (Revenue: USD Billion; 2017-2027)
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Automated Peritoneal Dialysis (APD)
End-User Outlook (Revenue: USD Billion; 2017-2027)
- Home-Based Dialysis
- Dialysis Center & Hospital Based Dialysis
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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