Hemodialysis and Peritoneal Dialysis Market Research, Major Manufacturers, Analysis, Industry Demand by Segmentation and Forecast 2021-2031 | FRESENIUS SE AND CO. KGAA, ASAHI KASEI CORPORATION, B. BRAUN MELSUNGEN AG, BAXTER INTERNATIONAL INC.

The global hemodialysis and peritoneal dialysis market were valued at USD 81.8 billion in 2021 and it is anticipated to grow further up to USD 148.4 billion by 2031, at a CAGR of 6.1% during the forecast period.

New York, According to a new market research report published by Global Insight Services Hemodialysis and Peritoneal Dialysis Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Dialysis is a procedure used to remove waste products from the blood, such as urea and creatinine, which are caused by the kidneys' improper functioning and are typically necessary for those with chronic renal failure. Hemodialysis and peritoneal dialysis are the two types of this treatment used to treat renal problems. Hemodialysis involves pumping blood out of blood vessels, purifying it with a dialyzer, and then reintroducing it to the body via vascular access. The basic idea behind the process is the same as peritoneal dialysis, except the peritoneum, the inner lining of the stomach, is utilized as a filter to clean the blood.

Read more about Hemodialysis and Peritoneal Dialysis Market here : https://www.globalinsightservices.com/reports/hemodialysis-and-peritoneal-dialysis-market

Market Trends and Drivers

The demand for hemodialysis and peritoneal dialysis is being driven by a number of factors, including the increasing prevalence of acute kidney injury (AKI), a lack of organ donors, the risks associated with transplants, technological advancements, and initiatives by the major players to introduce cutting-edge products and services. Additionally, the COVID-19 pandemic outbreak has increased the need for dialysis significantly around the world. As a result, the industry has seen increased financial incentives and regulatory support from several government agencies. Throughout the projected period, these elements are anticipated to support the market's expansion.

Furthermore, it is anticipated that the need for home care dialysis services would continue to rise. Acute and chronic kidney disease patients are treated at home or in outpatient settings. As a result, there is a greater need for renal home treatments. In addition, the NCBI reports that, as of 2017, 10.8% of Americans used home dialysis, a 30 percent rise over the previous ten years. The Advancing Kidney Health Initiative made the suggestion in 2019 to treat more patients with renal failure at home using hemodialysis or peritoneal dialysis. In addition, CMS suggested a target of having 80% of dialysis patients get their care in a home environment.

Download a Free PDF Sample Copy of Report : https://www.globalinsightservices.com/request-sample/GIS10293

Market Restraints and Challenges

Increased dialysis-related side effects including infections, hypotension, fluid overload, and access point hemorrhage are projected to restrain market expansion in the years to come. Similar issues with reimbursement policies in developing countries limit market expansion. This is explained by the fact that compensation for dialysis varies significantly in terms of quantity and duration between different nations and does not always account for actual treatment expenses, which discourages patients and doctors from thinking about how to use the policy.

Global Hemodialysis and Peritoneal Dialysis Market by Type

Based on the type, it is segmented into hemodialysis and peritoneal dialysis. In 2021, the hemodialysis segment dominated the market with the highest revenue and CAGR during the projection period. The hemodialysis market is also further divided into nighttime hemodialysis and typical, brief daily hemodialysis. Continuous Ambulatory Peritoneal Dialysis (CAPD) and Ambulatory Peritoneal Dialysis are two further subgroups of peritoneal dialysis (APD). Significant market drivers include an increase in ESRD patients, a rise in the elderly population with kidney illnesses, and an increase in the frequency of diabetes and hypertension. The report World Population Ageing 2020 stated that 727 million individuals worldwide were 65 or older. By 2050, it is anticipated that the population will have more than doubled to around 1.5 billion people. The segment growth is anticipated to be greatly accelerated by the aging population and the increased risk of CKD.

Major Players in the Global Hemodialysis and Peritoneal Dialysis Market

The key players studied in the market are FRESENIUS SE AND CO. KGAA, ASAHI KASEI CORPORATION, B. BRAUN MELSUNGEN AG, BAXTER INTERNATIONAL INC., BECTON, DICKINSON AND COMPANY (C. R. BARD, INC.), COOK GROUP, ANGIODYNAMICS INC., MEDTRONIC PLC., NIKKISO CO. LTD., and NIPRO CORPORATION among others.

Get Customized report as per your requirements : https://www.globalinsightservices.com/request-customization/GIS10293

Reasons to buy Hemodialysis and Peritoneal Dialysis Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.