Peritoneal Dialysis Market Overview:-
The Global Peritoneal Dialysis Market is estimated to 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).
Peritoneal dialysis is the process in which blood gets purified in case of improper working of kidney and kidney failure. Peritoneal dialysis cleans the blood and remove the unwanted fluid from the body with the help of peritoneal membrane. This membrane is the liner to the peripheral of the abdominal cavity including the liver, intestines, stomach, spleen. As increasing the cases of kidney failure in the old-age population due to growing patients of diabetes and high blood pressure (Main reason of kidney failure) is the major driving factor for the growth of the global peritoneal dialysis market.
The peritoneal dialysis market is projected to grow with a significant rate during the forecast period owing to factors such as, increasing dialysis centre, and advancement in the technology across the globe. The surgery risk during kidney transplant is more than that of dialysis procedure. This is one of major driving factor for the growth of the global peritoneal dialysis market. However, the reimbursement is necessary for the dialysis treatment due to high-cost treatment which is the major restraining factor for the growth of the global peritoneal dialysis market. Advancement in the technology to perform peritoneal dialysis is anticipated to create lucrative growth opportunities for the key players operating in the peritoneal dialysis market.
The Global Peritoneal Dialysis Market Segmentation:
By Product
By Technology
By Disease
By End-users
By Region
The unique insights provided by this report also includes the following:
Based on product, PD solution segment is expected to witness the fastest growth.
Based on product, the global peritoneal dialysis market has been segmented into PD solution, PD sets, PD machines, PD catheters, others.
The PD solution sub-segment has the largest impact on the peritoneal dialysis market under the product segment with a share of about 47%. The growing demand for the PD solution due to the advancement in manufacturing of the PD solution such as innovation in ultralow GDP solution, neutral‐pH, osmotic agents, low sodium PD solution, glucose‐sparing PD solutions. This factor drives the growth of PD solution sub segments.
Based on technology, CAPD segment accounted the largest share of the market in 2020.
Based on technology, the global peritoneal dialysis market is segmented into CAPD and APD. The CAPD sub-segment has the largest share in the peritoneal dialysis market when segmented by technology with a share of ~66%. In the CAPD processes, the dialysate liquid transferred to the abdomen by using catheter and dialysate draws the chemical wastes, extra fluid, other waste, from the boy through peritoneum. Increasing rate of chronic kidney failure which continuously needs dialysis. The increasing number of ESRD (end-stage renal disease) patients drives the ambulatory peritoneal dialysis sub- segment.
Based on disease, chronic kidney failure segment accounted the largest share of the market in 2020.
Based on diseases, the global peritoneal dialysis market is segmented into chronic kidney failure, acute kidney failure. Increasing cases of chronic kidney failure in the old-age population accounted for the largest market value share. In addition, most of the cases of chronic kidney failure needs peritoneal dialysis on regular basis are some of the factors driving the global peritoneal dialysis market growth.
Based on the end-users, dialysis centres segment is expected to grow at the highest CAGR during the forecast period.
Based on the end-users, dialysis centres segment is witnessing significant growth during the forecast period. This is due to increasing cases of the chronic kidney failure and acute kidney failure. Dialysis centres are becoming more efficient due to advancement in technology and safety. As compared to hospitals, the dialysis centres are cost effective which is the propelling factor for the growth of the dialysis centres segment. With the vigorous development of dialysis centres, the peritoneal dialysis market is rising, including applications such as chronic disease management, and fitness.
Geographically, North America accounted for the largest share of the global peritoneal dialysis industry.
North America accounted the largest share of the global peritoneal dialysis market in 2020 and is expected to maintain its dominance during the forecast period. The North American region has the ~39% share in the peritoneal dialysis market from a geographic analysis point of view. This can be attributed to the substantial investment in research and development activities carried out for the advancement of technology. This factor will support the growth of the peritoneal dialysis market in North America. In addition, favourable government initiatives and improvements in advanced medical equipment reimbursement policies will accelerate the growth of the peritoneal dialysis market.
The report also provides in-depth analysis of the global peritoneal dialysis market dynamics such as drivers, restraints and opportunities.
Drivers
Restraints
Opportunities
COVID-19 Impact on the Global Peritoneal Dialysis Market
The outbreak of COVID-19 has positively affected the peritoneal dialysis market of healthcare industry. Due to spread of virus, the cases of COVID-19 increases and for the treatment the heavy doses of drugs administrate to the patients, this higher dose the patients facing the problems such as kidney failure and low immunity. As the cases of kidney failure increases during this period of pandemic the need of peritoneal dialysis also increases which is the major propelling factor for the growth of the peritoneal dialysis market. In addition, all across the world demand of peritoneal dialysis rises due to various companies are investing in the development of peritoneal dialysis is another factor for the growth of global peritoneal dialysis market. All these factors impacted the industry positively and further likely to grow with the significant rate during the forecast period.
Peritoneal Dialysis Market Trends
The report also provides in-depth analysis of recent news developments and investments.
Company Profiles and Competitive Intelligence
The key players operating in the market are:
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