North America and Europe Dominate Global Dialysis Advancements, Driving Market Growth at 6.0% CAGR

Allied Market Research recently said, "Hemodialysis and Peritoneal Dialysis Market by Type, Dialysis Site, Modality, and Product: Opportunity Analysis and Industry Forecast, 2020-2027," the global hemodialysis and peritoneal dialysis market size was valued at $15.68 billion in 2019, and is projected to reach $22.16 billion by 2027, registering a CAGR of 6.0%. Hemodialysis (HD) is a medical procedure used to remove wastes from patient's blood with chronic or acute kidney failure. The waste removal helps to maintain electrolyte balance in patient's body and prevents accumulation of salts and wastes in blood.

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COVID-19 Impact Analysis (Pre & Post) -

• The global hemodialysis and peritoneal dialysis market have 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.

Hemodialysis and peritoneal dialysis are both methods of treating kidney failure by filtering waste products and excess fluid from the blood. Some recent research in this area has focused on improving the effectiveness and safety of these treatments, as well as finding new approaches to kidney replacement therapy. One area of research has focused on improving the biocompatibility of dialysis membranes, which can reduce the risk of inflammation and infection. This can be particularly important in peritoneal dialysis, where the membrane is in direct contact with the patient's peritoneal cavity.

Another area of research has focused on developing new technologies for monitoring and optimizing dialysis treatments. For example, researchers have explored the use of wearable sensors and machine learning algorithms to predict changes in fluid and electrolyte balance during hemodialysis, and to adjust treatment parameters accordingly.

There has also been interest in developing new approaches to kidney replacement therapy beyond traditional dialysis. For example, researchers have explored the potential of bioartificial kidneys, which combine human kidney cells with synthetic membranes to mimic the function of a natural kidney.

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Important Key Market Players Are -

• Cadwell Industries, Inc.
• Compumedics Limited
• Drive DeVilbiss Healthcare Inc.
• GlaxoSmithKline Plc
• Merck& Co., Inc.
• Natus Medical Inc.
• Koninklijke Philips N.V.
• PFIZER, INC.
• Sanofi S.A.
• SleepMed Inc.

Overall, hemodialysis and peritoneal dialysis remain important methods of treating kidney failure, and ongoing research is likely to continue to focus on improving the safety and effectiveness of these treatments, as well as finding new approaches to kidney replacement therapy.

Key Findings of The Study -

• By modality, the conventional hemodialysis segment occupied a major share in 2019 and is expected to maintain the trend throughout the forecast period.
• The consumables segment is expected to grow with the highest CAGR during the forecast period.
• Hemodialysis segment held a major share in the global market in 2019 and is expected to retain it throughout the forecast period.

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Geographic Segments Covered in the Report -

The Hemodialysis and Peritoneal Dialysis Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)

• Europe (UK, Germany, France and the rest of Europe)

• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

• Latin America (Brazil, Mexico, and the rest of Latin America)

• Middle East and Africa (GCC and rest of the Middle East and Africa)

Frequently Asked Questions?

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