Global Hemodialysis & Peritoneal Dialysis Market Overview:
Dialysis is a technique for removing waste products such as urea and creatinine from the blood, caused by inadequate kidney function and usually required in people with chronic kidney failure. This procedure is used to treat kidney disease and is divided into two types: hemodialysis and peritoneal dialysis. In hemodialysis, blood is pumped from blood vessels and cleaned with the aid of a dialyzer, and then returned to the body via vascular access. In peritoneal dialysis, the principle of the procedure remains the same, but the inner stomach lining known as the peritoneum is used as a filter to cleanse the blood. Market growth is mainly driven by factors such as the increasing number of ESRD patients, the increasing prevalence of diabetes and high blood pressure (major causes of kidney failure), and the preference for dialysis treatments over kidney transplants due to a lack of donors. In addition, the increase in the number of dialysis centers around the world, organ donor shortages and transplant risks, technological advances, and initiatives by leading players to introduce advanced products and services provide growth opportunities for the Hemodialysis and Peritoneal Dialysis market. The other factors that contribute to the decreased preference for kidney transplants are a patient aversion to organ donation, financial constraints, lack of adequate surgical facilities, risks of surgery such as organ rejection, and complications from side effects of immunosuppressive drugs. These challenges associated with kidney transplants have resulted in a low preference for these procedures, which in turn has led to an increase in the number of patients who have opted for dialysis.
As per latest study released by AMA Research, the Global Hemodialysis & Peritoneal Dialysis market is expected to see growth rate of 6.8%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
High Growth Market | Asia Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Prevalence of Diabetes & Hypertension Which Is a Major Causes of Kidney Failure, The Growing Incidence of ESRD and The Rising Acceptance of Home Hemodialysis and Peritoneal Dialysis
Market Growth Drivers:
The Increasing Number of Dialysis Centers across the Globe, A Rise in New Product Launches, The Availability of Healthcare Professionals in Dialysis Centers, Increasing Per Capita Income and The Increasing Geriatric Population
Challenges:
Lack of Sufficient Surgical Facilities
Restraints:
Reimbursement Concerns in Emerging Market and Rise in Complications Related To Dialysis Treatment
Opportunities:
Improving Healthcare Infrastructure and Supportive Government Activities in the Emerging Countries
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Fresenius Medical Care AG & Co. KGAA (Germany), DaVita Healthcare Partners Inc. (United States), Becton, Dickinson, and Company (United States), Medtronic plc (Ireland), Baxter International Inc. (United States), B. Braun Melsungen AG (Germany), Diaverum Deutschland Gmbh (Germany), Nipro Corporation (Japan), Asahi Kasei Medical Co., Ltd. (Japan), Nikkiso Co., Ltd. (Japan), 3M (United States), Toray Industries, Inc. (Japan), Davita Healthcare Partners Inc. (United States), Isopure Corp. (United States) and Mar Cor (United States). Additionally, following companies can also be profiled that are part of our coverage like Atlantic Biomedical (India), Dialife SA (Switzerland), Allmed Medical Care Holdings Limited (United Kingdom), Rockwell Medical Inc. (United States) and JMS Co. Ltd. (Japan). Analyst at AMA Research see European Players to retain maximum share of Global Hemodialysis & Peritoneal Dialysis market by 2030. Considering Market by Product Type, the sub-segment i.e. Device [Machine, Dialyzer, Water Treatment System, Others] will boost the Hemodialysis & Peritoneal Dialysis market. Considering Market by End-Users, the sub-segment i.e. In-center Dialysis will boost the Hemodialysis & Peritoneal Dialysis market. Considering Market by Modality, the sub-segment i.e. Conventional will boost the Hemodialysis & Peritoneal Dialysis market.
Latest Market Insights:
In February 2023, Fresenius Medical Care North America and NxStage Medical, Inc. announced a collaboration to develop and commercialize NxStage's next-generation home hemodialysis system in the United States.
In May 2023, B Braun Avitum launched the Avitum AQUAmax dialysate for peritoneal dialysis in the United States. This new product is designed to offer better ultrafiltration (removal of excess fluid) compared to traditional dialysate solutions.
What Can be Explored with the Hemodialysis & Peritoneal Dialysis Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hemodialysis & Peritoneal Dialysis Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hemodialysis & Peritoneal Dialysis
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hemodialysis & Peritoneal Dialysis market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hemodialysis & Peritoneal Dialysis market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Hemodialysis & Peritoneal Dialysis, Venture Capitalists and Private Equity Firms and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.