Hemodialysis and Peritoneal Dialysis Market Size To Reach USD 22.16 Billion, Globally, By 2027 | Baxter International Inc., Nipro Corporation

Rise in incidences of kidney diseases globally drive the global hemodialysis and peritoneal dialysis market. Furthermore, issues related to kidney transplants and increase in occurrences of lifestyle and chronic diseases supplement the market growth. However, complications in dialysis treatment and concerns regarding reimbursements in emerging nations are likely to hinder growth of the market.

The global hemodialysis and peritoneal dialysis industry was estimated at $15.68 billion in 2019, and is expected to hit $22.16 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.

Download Detailed COVID-19 Impact Sample Report at @ https://www.alliedmarketresearch.com/request-for-customization/3474?reqfor=covid

Covid-19 scenario-

• The global hemodialysis and peritoneal dialysis market has not been much affected by the outbreak of covid-19, since the rules and regulations pertaining to pandemic have not been imposed on the healthcare sector.
• However, major surgeries such as kidney transplants were postponed during the first phase of the lockdown, thereby influencing the hemodialysis and peritoneal dialysis market to certain extent.

Drivers, restraints, and opportunities-

Increase in incidences of kidney diseases, issues associated with kidney transplants, and surge in prevalence of lifestyle and chronic diseases drive the growth of the global hemodialysis and peritoneal dialysis market. On the other hand, complications in dialysis treatment and reimbursement policy concerns in emerging nations impede the growth to some extent. However, shift in preference of patients for home hemodialysis and rise in improved market strategies by key players are anticipated to pave the way for lucrative opportunities in the coming years.

The hemodialysis segment to maintain the lion's share by 2027-

Based on type, the hemodialysis segment contributed to more than four-fifths of the global hemodialysis and peritoneal dialysis market share in 2019, and is projected to rule the roost by the end of 2027, due to the fact that it is a preferred form of approach among healthcare professionals for patients suffering from ESRD. The peritoneal dialysis segment, on the other hand, would manifest the fastest CAGR of 7.2% throughout the forecast period. Rise in emergence of technologically advanced products for peritoneal dialysis is expected to drive the segment growth.

Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/3474

The consumables segment to dominate during the forecast period-

Based on product, the consumables segment accounted for 92% of the global hemodialysis and peritoneal dialysis market revenue in 2019, and is expected to lead the trail by 2027. The same segment would also exhibit the fastest CAGR of 6.1% from 2020 to 2027. This is because these products are used frequently and they constantly need to be replaced with new ones.

Asia-Pacific, followed by North America, to dominate in terms of revenue-

Based on geography, Asia-Pacific, followed by North America, held the largest share in 2019, garnering more than two-fifths of the global hemodialysis and peritoneal dialysis market. The same region would also register the fastest CAGR of 7.2% by 2027. Increase in cases of ESRD, CKDs, diabetes, and hypertension, coupled with surge in diagnosis rates in this region are estimated to drive the market growth.

To know more about the report, visit the website at @ https://www.alliedmarketresearch.com/hemodialysis-and-peritoneal-dialysis-market

The Major Key Players Are:

Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., Nipro Corporation, B Braun Melsungen Ag, Nikkiso Co., Ltd., Becton, Dickinson And Company (C. R. Bard, Inc.), Cook Group, Angiodynamics Inc., Medtronic PLC, and Asahi Kasei Corp.

Similar Reports:

Dental CAD/CAM Materials & Systems Market : https://www.pharmiweb.com/press-release/2021-02-10/dental-cadcam-materials-systems-market-size-to-hit-usd-316-billion-globally-by-2023

Infant Incubator Market : https://www.pharmiweb.com/press-release/2021-02-10/infant-incubator-market-size-is-generating-revenue-of-401-million-by-2023

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.