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Hemodialysis And Peritoneal Dialysis Market trends, Top Companies, Share, Growth And Forecast 2033
Hemodialysis And Peritoneal Dialysis Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the hemodialysis and peritoneal dialysis industry. This report on hemodialysis and peritoneal dialysis market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The hemodialysis and peritoneal dialysis market size has grown strongly in recent years. It will grow from $78.64 billion in 2023 to $85.05 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increased home-based treatment, increased end-stage renal disease (ESRD), increased healthcare reimbursement, rise in nephrologists involvement, rise in patient preference.
The hemodialysis and peritoneal dialysis market size is expected to see strong growth in the next few years. It will grow to $119.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing ESRD cases, rising remote monitoring, expansion of telehealth, rise in automated peritoneal dialysis, rising patient-centered care. Major trends in the forecast period include wearable dialysis devices, data analytics and AI, water quality management, innovative dialysis machines, personalized dialysis regimens:.
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Key Market Players:
Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., Nipro Corporation, B. Braun Melsungen AG, Nikkiso Co. Ltd., DaVita Inc., Asahi Kasei Corporation, Medtronic PLC, AngioDynamics Inc., Becton, Dickinson and Company, Rockwell Medical Inc., Cantel Medical Corp., NxStage Medical Inc., Quanta Dialysis Technologies Ltd., Outset Medical Inc., Medivators Inc., Medisystems Corporation, Allmed Medical Products Co. Ltd., Jiangsu Lengthen Life Science and Technology Co. Ltd., Toray Medical Co. Ltd., Medcomp, Medline Industries Inc., Atlantic Medical Supply Co. Inc., Dialife Group, Diaverum, Satellite Healthcare Inc., U.S. Renal Care Inc., American Renal Associates Holdings Inc., Rogosin Institute, Northwest Kidney Centers
Market Drivers:
According to the Hemodialysis And Peritoneal Dialysis Market Report 2024 by The Business Research Company, the key factors driving the growth of the hemodialysis and peritoneal dialysis market, includes the growing prevalence of kidney diseases is expected to propel the growth of the hemodialysis and peritoneal dialysis market going forward. Kidney disorders refer to a heterogeneous group of disorders that affect the structure and function of the kidney. Advanced chronic renal disease can result in dangerously high amounts of fluid, electrolytes, and wastes in the body, hemodialysis and peritoneal dialysis are used in the treatment in which the blood is cleaned using a dialysis machine and a specific filter known as an artificial kidney. For instance, in 2021, according to the Centers for Disease Control and Prevention's report on chronic kidney disease, a US-based national public health agency, around 15% of US adults, or 37 million people, is estimated to have chronic kidney diseases. Therefore, the growing prevalence of kidney diseases is driving the hemodialysis and peritoneal dialysis market.
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Market segments for home insurance include:
1) By Type: Hemodialysis, Short-Term Catheter, Chronic Catheter, Graft, Fistula, Peritoneal Dialysis
2) By Modality: Conventional, Daily (Day Time, Night Time)
3) By End User: Hospitals, Clinics, And Dialysis Centers, Home Dialysis
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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