Peritoneal Dialysis Market By Type (Continuous Ambulatory Peritoneal Dialysis [CAPD], and Automated Peritoneal Dialysis [APD]), By End-User (Home-Based Dialysis, Dialysis Center & Hospital Based Dialysis) By Product And Segment Forecasts, 2016-2026
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The Peritoneal Dialysis Market is estimated to reach USD 5.30 Billion by 2026, according to a new report by Research Genics. 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.
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.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 CareContinuous Ambulatory Peritoneal Dialysis [CAPD], and Automated Peritoneal Dialysis [APD]
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