Hemodialysis and Peritoneal Dialysis Market to Grow With 6.1% CAGR During 2021 to 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.

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Global Hemodialysis and Peritoneal Dialysis Market report from Global Insight Services is the single authoritative source of intelligence on Hemodialysis and Peritoneal Dialysis Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. 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.

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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.

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.

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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.

Global Hemodialysis and Peritoneal Dialysis Market by End User

Based on the end user, it is segmented into home-based and hospital-based. In 2021, the hospital-based segment dominated the market with the highest market share and CAGR during the forecast period. The substantial supply of highly skilled and seasoned healthcare staff at hospitals will likely allow the industry to maintain its lead over the coming years. In healthcare environments like hospitals and dialysis clinics, the presence of a qualified and experienced renal care team guarantees effective treatment and improved dialysis outcomes. The segment is expected to be driven by a number of factors, including the increasing emphasis on developing independent dialysis centers by companies and the rising uptake of in-center dialysis by patients. Additionally, businesses are concentrating on creating hemodialysis machines that can perform a range of interventions. The end-user experience is likely to be impacted by this.

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.

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COVID-19 Impact
The global market for dialysis care had been severely disrupted by the COVID-19 pandemic. Because of the pandemic's high hospitalization rates, the demand for dialysis equipment and supplies has suddenly increased. For instance, according to CDC estimates from 2021, an estimated 37 million Americans, or 1 in 7 U.S. adults, were affected by CKD. The higher prevalence of coexisting diseases like CKD, diabetes, and hypertension was primarily to blame for this. The epidemic also caused significant supply-chain disruptions, which made it difficult for producers to keep up with demand. The aging population's increasing medical needs, the increased demand for novel products and treatments, and developments in medical technology are all predicted to contribute to the market's continued expansion after COVID-19. Additionally, increasing public and commercial sector initiatives to promote home HD/PD may open up more lucrative market opportunities after COVID-19.

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