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Peritoneal Dialysis Market Insights Covering Market Dynamics and Growth Prospectus through 2025

02-11-2019 10:50 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Peritoneal Dialysis Market Insights Covering Market Dynamics

Peritoneal dialysis (PD) is a treatment that uses the inner lining of abdomen, called the peritoneum and a dialysis solution to purify blood when the kidneys are not functioning adequately. PD is performed manually or via automated systems. Increase in prevalence of ESRD, growth in demand for home dialysis treatment and technological advancement in cyclers & PD devices are driving the market growth.

In addition, peritoneal dialysis offers some advantages, such as needle-free treatment, portability, treatment convenience, and less dietary restrictions that further fuel the market growth globally. However, the risk associated with peritoneal dialysis such as peritonitis, infection, weight gain, and the hernia is expected to negatively impact the growth of the peritoneal dialysis market.

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According to a new report published by Allied Market Research, titled, "Peritoneal Dialysis Market, by Treatment, Product, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025," the global market was valued at $3,213 million in 2017, and is expected to reach $5,074 million by 2025, growing at a CAGR of 5.8% from 2018 to 2025.

Peritoneal dialysis is performed by using machines or via manual method. Based on treatment type, the market is segmented as continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD). At present, CAPD is a major revenue generating segment due to lower cost, portability, and freedom from machines. On the other side, APD is projected to show the fastest market growth during the forecast period owing to its advantages such as flexibility with daytime routine, safety, and convenience.

Based on product, the market is categorized as peritoneal dialysis solution, device, peritoneal dialysis set, catheter, others. Presently, peritoneal dialysis solution segment is a major revenue contributor and is anticipated to maintain its dominance during the forecast period. Peritoneal dialysis solution plays a vital role in every PD procedure as these solutions facilitate exchange of fluid to remove waste products from body. However, devices segment is anticipated to show fastest market growth, due to the technological advancement in devices and increase in demand for automated peritoneal dialysis (APD).

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Based on end user, home based dialysis occupied the largest share in 2017, and is anticipated to continue its dominance during the forecast period, due to availability of dialysis machines with greater convenience and better clinical outcomes for homecare use. Furthermore, increase in demand for home healthcare among dialysis patients further drives the growth of home based dialysis segment.

Major Key Players:

• Baxter International Inc.
• Cook Inc.
• Fresenius Medical Care AG & Co. KGaA
• Medionics International Inc.
• Medtronic Plc.
• Newsol Technologies Inc.
• Poly Medicure Limited

KEY FINDINGS OF THE STUDY:

•Based on treatment, the automated peritoneal dialysis (APD) segment is expected to show the fastest market growth and is expected to grow at a CAGR of 6.7% from 2018 to 2025.

•Based on product, the peritoneal dialysis solution segment held more than one-third share in 2017 and is expected to remain dominant throughout the forecast period.

• Based on end user, the home-based dialysis held more than two-third of the global market share in 2017 and is expected to remain dominant throughout the forecast period.

• Based on region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 6.9% during the forecast period.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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