Allied Market Research

New Advanced Research on Dialysis Market

Dialysis Market Expected to Reach $118,512 Million, Globally, by 2023

 

Portland, OR -- (SBWIRE) -- 02/21/2018 -- The benefits of using peritoneal dialysis over hemodialysis is expected to attract patients with chronic renal diseases and fuel the innovations and market growth of peritoneal dialysis.

The global dialysis market is segmented based on type, products & services, end user, and geography. Based on type, it is bifurcated into hemodialysis and peritoneal dialysis. Hemodialysis is categorized into conventional hemodialysis, short daily hemodialysis, and nocturnal hemodialysis. Peritoneal dialysis is further classified into continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD).

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Based on products & services, it is divided into equipment, consumables, drugs, and services. Equipment are further categorized into dialysis machines, water treatment systems, and others. Consumables are classified into dialyzers, catheters, and transfer sets. Based on end user, it is bifurcated into in-center dialysis and home dialysis. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The function of the kidney is to remove waste products and excess fluid from the blood. This process is carried out with the help of dialysis when the kidney is not functioning properly. Waste products, such as urea and creatinine, are removed from the blood with the help of artificial and natural semipermeable membranes. In hemodialysis, the blood is purified using an artificial membrane, whereas, in peritoneal dialysis, the waste products are removed using peritoneum in abdomen, which acts as a natural semi-permeable membrane.

The hemodialysis segment is the largest contributor toward the market growth. The peritoneal dialysis segment is anticipated to be a lucrative market due to the growth in demand for dialysis services for the treatment of neonates and children.

The services segment was the highest contributor toward the market growth in 2016, and is expected to maintain its dominance during the forecast period. This is attributable to the increase in the number of treatment centers and advancement of home-based services.

Key Findings of the Dialysis Market:

The peritoneal dialysis segment is anticipated to grow at the highest rate during the analysis period.
The hemodialysis segment generated the highest revenue in 2016, and is expected to continue its dominance in the near future.
North America dominated global dialysis market in 2016, and is anticipated to continue its dominance in the future.
China is expected to grow at a highest rate in the Asia-Pacific during the forecast period.
The services segment was the highest contributor among the products and services segments in 2016.

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