The global peritoneal dialysis market is estimated to be USD 3,786 Mn in 2020 and is expected to reach USD 5,768.4 Mn by 2027, growing at a CAGR of 6.2% during the forecast period (2021-2027).
The rising cases of chronic kidney failure and acute kidney failure in the population is the driving factor for the growth of the global peritoneal dialysis market. In addition, the higher risks during surgery and kidney transplant propels the global peritoneal dialysis market growth. Moreover, the number of kidney donors are less than that of the required kidney receivers is one of the main reasons to fuels the peritoneal dialysis market. Furthermore, in generic population the cases of kidney failure increases, as in old-age population kidney transplant is not possible which drives peritoneal dialysis market.
Besides this, the cost of kidney transplant is more than that of peritoneal dialysis is another propelling factor for the growth of the global peritoneal dialysis market. In addition to this, most of the kidney failure patients treated with the peritoneal dialysis. For instance, Journal of the American Society of Nephrology studied the peritoneal dialysis global trends of 130 countries between 1997 to 2008. According to data available in the (JASN) Journal of the American Society of Nephrology in developing countries around 59% patients opt the peritoneal dialysis treatment and in developed countries about 41% patients opts peritoneal dialysis treatment. In these 12 years of period, in developed countries the 21.8 per million people increases who are taking peritoneal dialysis treatment, in the developing countries the patients were increased by 24.9 patients per million who opts the peritoneal dialysis treatment.
However, reimbursement is necessary for the regular treatment of the peritoneal dialysis in the cases of chronic kidney failure which is the majorly hampering the growth of the global peritoneal market. Moreover, the availability of dialysis centres is various region are not sufficient and considerably another restraining factor for the growth of global peritoneal market. Besides this, the government taking initiatives in research and development of technology for the dialysis treatment is the major opportunities for the growth of the global peritoneal market.
Global Peritoneal Dialysis Market by Region Outlook (Revenue, USD Million, 2021-2027)
In terms of geography, the North America is the fastest growing region for peritoneal market. The region is witnessing huge old- age population with rising prevalence of the kidney failure cases. Additionally, the rising technology adoption for the peritoneal dialysis for the homecare patients in this region drive the peritoneal market growth in this region. For instance, the US FDA gives support and advice to the Baxter International to launch the home peritoneal dialysis system for home care patients. However, the government across the Asia Pacific region is making significant investments to improve the technology for dialysis.
The Global Peritoneal Dialysis Market Segmentation:
Global Peritoneal Dialysis Market by Product Outlook (Revenue, USD Million, 2021-2027)
Global Peritoneal Dialysis Market by Technology Outlook (Revenue, USD Million, 2021-2027)
Global Peritoneal Dialysis Market by Diseases Outlook (Revenue, USD Million, 2021-2027)
Global Peritoneal Dialysis Market by End-User Outlook (Revenue, USD Million, 2021-2027)
Key Findings:
Company Profiles and Competitive Intelligence
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