Fior Market Research launched a study titled “Peritoneal Dialysis Market by Treatment Type (Continuous Ambulatory Peritoneal Dialysis (CAPD), Automated Peritoneal Dialysis (APD)), Product Type, End User Region Global Industry Analysis, Market Product Type, Share, Growth, Trends, and Forecast 2019 to 2026”
The global peritoneal dialysis market is expected to grow from USD 3.46 Billion in 2018 to USD 6.18 Billion by 2026 at a CAGR of 7.5% during the forecast period 2019-2026.Rising number of ESRD patients and surge in the cases of diabetes & hypertension as well as benefits of peritoneal dialysis over hemodialysis are the factors which may propel growth of the peritoneal dialysis market.
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Continuous Ambulatory Peritoneal Dialysis (CAPD) segment is dominating the market with the highest share of59.90% in 2018.
The treatment type segment is classified intoContinuous Ambulatory Peritoneal Dialysis (CAPD) and Automated Peritoneal Dialysis (APD). The Continuous Ambulatory Peritoneal Dialysis (CAPD) segment is dominating the market with the highest share of 59.90% in 2018due to low cost, portability, and freedom from machines.Continuous Ambulatory Peritoneal Dialysis (CAPD) cleans the body and helps to control the water and replaces the work of the diseased kidneys.CAPD is the most portable type of dialysis that use manual bags containing peritoneal dialysis fluid. CAPD is done every day, via peritoneal cavity, with bag changes four times a day. CAPDcan usually be learnt easily and does not require needles.
The peritoneal dialysis solution segment is dominating the market and valued around USD1.35 Billionin 2018.
The product type segment is divided into segments such as peritoneal dialysis solution, device, peritoneal dialysis set, catheter and others. The peritoneal dialysis solution segment is dominating the market and valued around USD 1.35 Billion.Peritoneal dialysis solution is important feature in every PD procedure as solutions are required for the exchange of fluid when the kidney is not functioning effectively. It the dialysis process that includes the cleansing of blood along with the elimination of extra fluids by using the peritoneal membrane i.e. the body’s natural filter.During peritoneal dialysis, a mixture of dextrose (sugar), salt, and other minerals dissolved in water, called dialysis solution, is placed in a person’s abdominal cavity through a catheter.
The dialysis center & hospital based dialysis segment is dominating the market with the highest share of61.30% in 2018.
End user segment includes home-based dialysis and dialysis center & hospital based dialysis. The dialysis center & hospital based dialysis segment is dominating the market with the highest share in 2018. Hemodialysis can be done in a hospital or in a dialysis center. It depends on the patient’s condition and doctor’s advice. In a dialysis center, hemodialysis is usually done 3 times per week for about 4 hours at a time. People who choose to do hemodialysis at home may do dialysis treatment more frequently, 4-7 times per week for shorter hours each time.
Regional Segmentation Analysis:
The global peritoneal dialysis market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America is dominating the market with the highest share of41.20% in 2018.This dominance is due to better healthcare infrastructure and high expenditure on healthcare.Rising awareness and high accessibility to the products and services in these regions is another important growth factor. The Asia Pacific region followed the North America in terms of the revenue and is anticipated to grow with the highest growth rate of 8.44% during the forecast period due to developing healthcare infrastructure, high population base, growing number of cases of end stage renal disease (ESRD), growth in demand for home dialysis treatment, and increase in demand for advanced PD devices in Asia Pacific region.
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The major players of global peritoneal dialysis market include Baxter International Inc., Cook Inc., Fresenius Medical Care AG & Co. KGaA, Medionics International, Inc., Medtronic Plc., Newsol Technologies Inc., Poly Medicure Limited, Renax Biomedical Tech. Co., Ltd., Terumo Corp., Utah Medical Products, Inc., and among others. The companies are adopting the strategies such as product innovations, mergers & acquisitions, recent developments, joint venture, collaborations, and partnership to maintain their presence in the global peritoneal dialysis market.
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