The Infinium Global Research analyzes the Peritoneal Dialysis Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global peritoneal dialysis market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of peritoneal dialysis. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the peritoneal dialysis market during the period. The global peritoneal dialysis market is projected to grow at a CAGR of 5.4% over the forecast period of 2018-2024.
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Peritoneal dialysis is a process of removing waste products from the patient’s blood, when their kidneys aren’t able to do its job adequately. In peritoneal dialysis, a soft plastic tube (Cather) is placed in patients belly through surgery. A sterile cleansing food is put into patients belly through this cather. After the completion of the cleansing process, the fluid leaves the patient’s body through cather. There are two kinds of peritoneal dialysis, Continuous Ambulatory Peritoneal Dialysis (CAPD) and Automated Peritoneal Dialysis (APD). The basic treatment is the same for each. However, the number of treatments and the way the treatments are done make each method different.
Rise in Demand for Home Peritoneal Dialysis Treatment and Growth Opportunities in Underdeveloped and Emerging Markets can Further Create Future Opportunities
Increase in the number of End-stage renal disease (ESRD) patients, ESRD is commonly known as kidney failure. Diabetes is the most common cause of ESRD, whereas high blood pressure is the second most common cause of ESRD. Diabetes and high blood are the most common chronic disease commonly found among the worldwide population. According to WHO, the number of people affected with diabetes has risen from 108 million in 1980 to 422 million in 2014 and is expected to rise more rapidly in middle- and low-income countries. Likewise, CDC estimated that, more than 360,000 American deaths in 2013 included high blood pressure as a primary or contributing cause.
Furthermore, Shortage of kidneys for transplantation owing to stringent regulations regarding kidney transplantation in various countries. These aforementioned factors are mainly responsible for driving the global peritoneal dialysis market. However lack of awareness and poor demand in underdeveloped countries are some of the factors that may act as a restraint peritoneal dialysis market growth. Rise in demand for home peritoneal dialysis treatment and growth opportunities in underdeveloped and emerging markets can further create future opportunities.
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North America Accounted for the Highest Market Share
Among the geographies, North America accounted for the highest market share in 2017. U.S drives the North America, Peritoneal dialysis market owing to improved healthcare infrastructure and high expenditure on healthcare. Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to high population base, rapid development of healthcare infrastructure and rapid rise in prevalence of end stage renal disease.
Segmentation of the Peritoneal Dialysis Industry
The report on global peritoneal dialysis market covers segments such as, type, product and services. On the basis of type the global peritoneal dialysis market is categorized into continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD). On the basis of product the global peritoneal dialysis market is categorized into peritoneal dialysis catheters, implantation systems, peritoneal solution and other accessories. On the basis ofservices, the global peritoneal dialysis market is categorized into dialysis centers & hospital-based dialysis and homecare services.
Key Players in the Peritoneal Dialysis Industry
The report provides profiles of the companies in the global peritoneal dialysis market such as, Baxter International Inc., Cook Medical Inc., Fresenius Medical Care AG & Co. KGaA, Medtronic Plc, Newsol Technologies Inc., Poly Medicure Ltd., Renax Biomedical Tech. Co., Ltd., Terumo Corporation and Utah Medical Products, Inc.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Peritoneal Dialysis.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.