Pune, India -- (SBWire) -- 03/03/2020 --Peritoneal Dialysis Market to Reach US$ 6077.2 Mn by 2025, Increasing Per-capita Income to Propel Growth, says Fortune Business Insights. The global peritoneal dialysis market is expected to gain from increasing incidences of chronic diseases such as kidney failure and others. Recently Fortune Business Insights published a report, titled "Peritoneal Dialysis Market Size, Share and Global Trend by Product Type (CAPD, APD), Product (Cyclers, Fluids), End User (Home health care and Hospitals) and Geography Forecast till 2025." As per the report, in 2017 the global peritoneal dialysis market was worth US$ 3589.9 Mn. The global market is anticipated to progress at a CAGR of 6% and reach US$ 6077.2 Mn by the end of 2025. The report offers a comprehensive overview of the global peritoneal dialysis market.
Get Sample Peritoneal Dialysis Market Report
As stated in the report, in 2017 the Asia Pacific peritoneal dialysis market was valued at US$ 1194.1 Mn. The region is also anticipated to hold a significant share in the global market during the forecast period 2018-2025. The Asia Pacific market is driven by the high prevalence of chronic kidney disease in the region. Moreover, liberal reimbursement policies and increasing government support for healthcare services in the region is likely to contribute to the Asia Pacific peritoneal dialysis market expansion. India and China are some of the fastest growing economies in the world and are attracting a lot of investments. Baxter (a leading player in the healthcare industry) is expanding its operations in China and India. This in response is likely to propel growth the global market. North America also held a significant share in the global market in 2017. However, the region may grow at a relatively slower CAGR during the forecast period. The growth witnessed is attributable to the smaller patient pool in the region compared to Asia Pacific and other regions.
Automated Peritoneal Dialysis Stood Out as Most Preferred Treatment
In terms of type, the continuous ambulatory peritoneal dialysis (CAPD) segment emerged dominant in the global market in 2017. The segment accounted for 53% of the global market in the given year. However, the automated peritoneal dialysis (APD) segment is anticipated to expand at a relatively higher CAGR. The growth witnessed is attributable to increasing patients preferring to choose APD, backed by recent technological advancements in the segment. This is expected to fuel the demand for peritoneal dialysis solutions.
According to an article published by the National Centre for Biotechnology Information in 2015. In the U.S. among the patients undergoing peritoneal dialysis 60% choose APD, and in Europe, only 50% patients choose APD. The adoption of automated peritoneal dialysis is increasing and is likely to increase the growth rate in the global market.
The global market will gain significant impetus from the rising awareness about the advantages that peritoneal dialysis offers such as flexible treatment and reduced hospital visits. On the contrary high cost and complications associated with peritoneal dialysis machine and equipment is a major factor that may hamper the growth in the global market.
Baxter Expanding its Operations in India and China
Baxter, is leading the global peritoneal dialysis market at present and is anticipated to dominate the global market during the forecast period as well. The growth witnessed is attributable to company's diverse product portfolio and strong brand presence across the global. This is likely to increase the competition and propel growth in the market. Some of the companies operating in the global market are Baxter International Inc., Fresenius Kabi AG, Medtronic, Utah Medical Products Inc., Glomeria Therapeutics, Poly Medicure Ltd., Cook Medical Inc., CardioMed Supplies Inc., and Medical Components Inc.
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities & Trends
Key Insights
4.1. Global Prevalence of CKD (2016)
4.2. Global Prevalence of treated End-stage Renal Disease (2016)
4.3. Estimated Number of Patients on HD vs PD (2017)
4.4. Overview of Major Dialysis Services Providers
4.5. Number of Nephrologists (2016)
4.6. Number of Nephrologists by Continent (2016)
Global Peritoneal Dialysis (PD) Market Analysis, Insights and Forecast, 2014-2025
Continued…
Browse more details at: https://www.fortunebusinessinsights.com/industry-reports/peritoneal-dialysis-market-100089
About Fortune Business Insights
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Peritoneal Dialysis Market Size to Hit USD 6077.2 Mn by 2025 - Global Analysis by Key Players Baxter International, Fresenius Kabi, Medtronic, Utah Medical Product
Peritoneal Dialysis Market 2020 Global Industry Analysis 2020-2026