Hemodialysis and Peritoneal Dialysis Market Growth Outlook: Revenue Contributions of Top Key Players #72
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The hemodialysis and peritoneal dialysis market plays a crucial role in the treatment of end-stage renal disease (ESRD) and kidney failure. These dialysis methods help remove waste products and excess fluid from the blood when the kidneys are no longer able to perform these functions effectively. The global hemodialysis and peritoneal dialysis market size was USD 18.62 Billion in 2022 and is expected to register a revenue CAGR of 6.0% during the forecast period, according to latest analysis by Emergen Research. The market for hemodialysis and peritoneal dialysis is driven by several factors, including the increasing prevalence of ESRD, technological advancements, and the growing demand for home-based dialysis treatments.
The rising prevalence of ESRD is a major driver for the hemodialysis and peritoneal dialysis market. According to the National Kidney Foundation, over 700,000 people in the United States have ESRD, and the number is expected to increase due to factors such as aging population and the rising incidence of chronic diseases like diabetes and hypertension. Hemodialysis and peritoneal dialysis provide life-sustaining treatment options for these patients, improving their quality of life and increasing their survival rates.
Technological advancements in dialysis machines and equipment have also contributed to the market growth. Innovations such as improved dialysis membranes, automated systems, and wearable devices have enhanced the efficiency and convenience of dialysis treatments. These advancements have led to reduced treatment times, improved patient comfort, and increased portability of dialysis equipment.
However, there are certain restraints that may hinder the growth of the hemodialysis and peritoneal dialysis market. One of the major challenges is the high cost associated with dialysis treatments. The expenses related to dialysis machines, consumables, medications, and regular clinic visits can be significant, placing a financial burden on patients and healthcare systems.
Another challenge is the limited availability of trained healthcare professionals to perform dialysis procedures. Skilled nephrologists, nurses, and technicians are required to ensure safe and effective dialysis treatments. The shortage of qualified personnel in some regions can limit the accessibility of dialysis services, particularly in rural and underserved areas.
To provide some statistics, according to a report by the Centers for Disease Control and Prevention (CDC), in the United States, the prevalence of ESRD increased from 1,643 cases per million population in 2010 to 2,227 cases per million population in 2018. The report also highlights the higher mortality rates among ESRD patients compared to the general population.
In terms of recent product launches, here are a few examples:
In March 2023, Fresenius Medical Care launched the 6008 CAREsystem, an advanced hemodialysis machine that offers improved safety features and enhanced treatment options for patients.
In January 2023, Baxter International introduced the Amia APD system, a new generation of peritoneal dialysis technology that provides personalized therapy and remote monitoring capabilities for patients undergoing home-based dialysis.
The Hemodialysis and Peritoneal Dialysis Market report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Hemodialysis and Peritoneal Dialysis market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Hemodialysis and Peritoneal Dialysis market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Baxter, Medtronic, Asahi Kasei Medical Co., Ltd., Rockwell Medical, Inc., Cantel Medical Group of Companies, Boston Scientific Corporation, NIPRO, Fresenius Medical Care AG & Co., B. Braun SE, Becton Dickinson and Company
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Emergen Research has segmented the global Hemodialysis and Peritoneal Dialysis market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
Hemodialysis
Peritoneal dialysis
Product Outlook (Revenue, USD Billion; 2019-2032)
Devices
Machine
Dialyzer
Others
Consumables
Concentrates
Catheters
Others
Services
Modality Outlook (Revenue, USD Billion; 2019-2032)
Daily
Conventional
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Hemodialysis and Peritoneal Dialysis Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Hemodialysis and Peritoneal Dialysis Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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