Westford, USA, Dec. 04, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global hemodialysis and peritoneal dialysis market size will reach a value of USD 142.97 Billion by 2031, with a CAGR of 6.5% during the forecast period (2024-2031). The lack of organ donors, increased rates of acute kidney injury (AKI), the dangers of transplants, technological improvements, and efforts by major businesses to launch cutting-edge goods and services are all contributing factors to the need for hemodialysis and peritoneal dialysis. Any disease that leads to an alteration of normal kidney function, chronic kidney disease (CKD), may also lead to end stage renal disease (ESRD). As the incidence of this condition is expected to increase, the demand for dialysis devices would equally be high.
Browse in-depth TOC on the "Hemodialysis and Peritoneal Dialysis Market"
Pages – 188
Tables – 140
Figures – 74
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Hemodialysis and Peritoneal Dialysis Market Overview:
| Report Coverage | Details |
| Market Revenue in 2023 | USD 86.38 Billion |
| Estimated Value by 2031 | USD 142.97 Billion |
| Growth Rate | Poised to grow at a CAGR of 6.5% |
| Forecast Period | 2024–2031 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Dialysis Site, Modality, Product, End Use, and End User |
| Geographies Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
| Report Highlights | Increasing use of customized and precision medicine |
| Key Market Opportunities | Increasing awareness and education about chronic diseases |
| Key Market Drivers | Increasing prevalence of end-stage renal diseases |
Service Segment to Hold Significant Growth due to its Critical Role in Ensuring Patient Care and Treatment Success
The dominance of service products in the global hemodialysis and peritoneal dialysis market stems from their critical role in ensuring patient care and treatment success. The growing prevalence of chronic kidney disease is one of the key factors which propels the demand for dialysis services. However, there is a rising need for specialist care, improved home dialysis technology, and a greater focus on the comfort of the patients, which influences global hemodialysis and peritoneal dialysis market trends and makes non-invasive service-based offerings increasingly appealing.
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Hospital to Lead Market due to Ability to Manage Complex Medical Cases
Hospitals dominate the global hemodialysis and peritoneal dialysis market due to their infrastructure, skilled personnel, and ability to manage complex cases. The rising incidence of end-stage renal disease forces patients to lean towards hospitals for regular and effective dialysis services. In addition, the government’s support in terms of healthcare facilities, and coverage offered by health insurers improve the accessibility of hospital-based dialysis and shaping the global hemodialysis and peritoneal dialysis market outlook.
North America to Dominate Market due to Strong Adoption of Innovative Healthcare Technologies
North America's dominance in the global hemodialysis and peritoneal dialysis market is driven by advanced healthcare infrastructure, high prevalence of kidney diseases, and strong adoption of innovative technologies. The positive reimbursement methods along with considerable expenditure in research and development also improve accessibility and innovation. Moreover, the presence of an increased ageing population in the region influences the hemodialysis and peritoneal dialysis market trends, ensuring sustained demand for dialysis treatments and bolstering North America's market position.
Hemodialysis and Peritoneal Dialysis Market Insight
Drivers:
- Increasing Prevalence of Chronic Kidney Disease
- Number of End-Stage Renal Disease Increases
- Innovative Dialysis Technologies
Restraints:
- Insufficient Availability of Dialysis Centers
- Complex Nature of Dialysis Procedures
- Inadequate Awareness and Education about Kidney Disease
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Prominent Players in Hemodialysis and Peritoneal Dialysis Market
- Fresenius Medical Care (Germany)
- DaVita Inc. (United States)
- Baxter International Inc. (United States)
- B. Braun Melsungen AG (Germany)
- Nipro Corporation (Japan)
- Asahi Kasei Medical Co., Ltd. (Japan)
- Diaverum (Sweden)
- Satellite Healthcare (United States)
- Medtronic (Ireland)
- JMS Co., Ltd. (Japan)
Key Questions Answered in Global Hemodialysis and Peritoneal Dialysis Market Report
- What is the projected market size by 2031?
- Which region is expected to dominate the global hemodialysis and peritoneal dialysis industry, and why?
- What are some key drivers and restraints impacting the growth of the market?
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This report provides the following insights:
Analysis of key drivers (Increasing availability of trained nephrologists, increase access to dialysis services & products, Incorporation of advanced monitoring systems), restraints (Long-term side effects of dialysis, variability in healthcare system quality) opportunities (Increasing shift towards home dialysis, expanding healthcare infrastructure in emerging economies).
- Market Penetration: Comprehensive information on the product portfolios offered by the top players in the hemodialysis and peritoneal dialysis market.
- Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the hemodialysis and peritoneal dialysis market.
- Market Development: Comprehensive information on lucrative emerging regions
- Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the market
- Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.
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