Peritoneal Dialysis Market Poised to Grow at a CAGR of 5.4% by 2024
Infinium Global Research has added a new report on Peritoneal Dialysis Market. The report presents analysis of global as well as regional markets of peritoneal dialysis market over the period of 2016 to 2024.
Peritoneal dialysis is a process of removing waste products from the patient’s blood, when their kidneys aren’t able to do its job adequately. In peritoneal dialysis, a soft plastic tube (Cather) is placed in patients belly through surgery. A sterile cleansing food is put into patients belly through this cather. After the completion of the cleansing process, the fluid leaves the patient’s body through cather. There are two kinds of peritoneal dialysis, Continuous Ambulatory Peritoneal Dialysis (CAPD) and Automated Peritoneal Dialysis (APD). The basic treatment is the same for each. However, the number of treatments and the way the treatments are done make each method different.
Peritoneal dialysis market was worth around XX million in 2017 and is expected to reach XX million by 2024, by revenue. Increase in the number of End-stage renal disease (ESRD) patients, ESRD is commonly known as kidney failure. Diabetes is the most common cause of ESRD, whereas high blood pressure is the second most common cause of ESRD. Diabetes and high blood are the most common chronic disease commonly found among the worldwide population. According to WHO, The number of people affected with diabetes has risen from 108 million in 1980 to 422 million in 2014 and is expected to rise more rapidly in middle and low income countries. Likewise, CDC estimated that, more than 360,000 American deaths in 2013 included high blood pressure as a primary or contributing cause. Furthermore, Shortage of kidneys for transplantation owing to stringent regulations regarding kidney transplantation in various countries. These aforementioned factors are mainly responsible for driving the global peritoneal dialysis market. However lack of awareness and poor demand in underdeveloped countries are some of the factors that may act as a restraint peritoneal dialysis market growth. Rise in demand for home peritoneal dialysis treatment and growth opportunities in underdeveloped and emerging markets can further create future opportunities.
Among the geographies, North America accounted for the highest market share in 2017. U.S drives the North America, Peritoneal dialysis market owing to improved healthcare infrastructure and high expenditure on healthcare. Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to high population base, rapid development of healthcare infrastructure and rapid rise in prevalence of end stage renal disease.
Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global peritoneal dialysis market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.
Get 15% discount for early purchase of global peritoneal dialysis market report by clicking the following link, Use code IGRD15 to request the discount in the given form
The recent report identified that North America dominated the global peritoneal dialysis market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the peritoneal dialysis market worldwide.
The report segments the global peritoneal dialysis market on the basis of Type, Product and Services.
Global Peritoneal Dialysis Market by Type
· Continuous Ambulatory Peritoneal Dialysis (CAPD)
· Automated Peritoneal Dialysis (APD)
Global Peritoneal Dialysis Market by Product
· Peritoneal Dialysis Catheters
· Implantation Systems
· Peritoneal Solution
· Other Accessories
Global Peritoneal Dialysis Market by Services
· Dialysis Centers & Hospital-based Dialysis
· Homecare Services
Companies Profiled in the Report
· Baxter International Inc.
· Cook Medical Inc.
· Fresenius Medical Care AG & Co. KGaA
· Medtronic Plc
· Newsol Technologies Inc.
· Poly Medicure Ltd.
· Renax Biomedical Tech. Co., Ltd.
· Terumo Corporation
· Utah Medical Products, Inc.
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.