Transparency Market Research

Global Peritoneal Dialysis Market Driven by Increasing Prevalence of Diabetes

Transparency Market Research Report Added "Peritoneal Dialysis Market" to its database.

 

Albany, NY -- (SBWIRE) -- 03/08/2016 -- The number of people suffering from chronic diseases such as hypertension and diabetes has increased tremendously in recent years. A rise in these chronic ailments ash resulted in increased incidence of kidney failure, thereby driving the global peritoneal dialysis market. In a report, titled "Peritoneal Dialysis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," Transparency Market Research carefully examines the workings of the worldwide peritoneal dialysis market and the major factors that drive and restrain it.

Peritoneal dialysis has a number of advantages over hemodialysis: no use of needles, minimal visits to the clinic, continuous therapy similar to the natural functioning of the kidney. Peritoneal dialysis is best suited to patients who prefer to do the dialysis at home. On the flip side, the risk of infection and the placement of a permanent catheter are a few of the disadvantages that peritoneal dialysis presents.

The research report studies the global peritoneal dialysis market on the basis of several parameters: service, product, application, and geography. By service, the peritoneal dialysis market is bifurcated into education and homecare services. On the basis of product, the peritoneal dialysis market is segmented into implantation systems, peritoneal dialysis catheters, peritoneal solutions, and other accessories. Based on application, the peritoneal dialysis market is categorized into continuous ambulatory peritoneal dialysis and automated peritoneal dialysis.

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The peritoneal dialysis market is geographically segmented into Europe, Asia Pacific, North America, and Rest of the World. North America constitutes the largest share in the overall peritoneal dialysis market due to factors such as the increased adoption rate of advanced technologies, the rising number of dialysis centers, the growing prevalence of hypertension and diabetes, the availability of well-equipped hospitals and dialysis centers and skilled nephrologists, and the presence of a structured reimbursement system in the region. Europe is also a major market for peritoneal dialysis and is driven by the high accessibility of products and services and the increased level of awareness. Asia Pacific is projected to exhibit strong growth in the coming years owing to the rising number of public- and privately-owned dialysis centers, the presence of a massive patient pool, an increase in government initiatives, and gradually improving insurance and reimbursement scenario.

The competitive landscape of the global peritoneal dialysis market is evaluated in the research report by identifying the major players and then reviewing their performance and contribution towards the development of the peritoneal dialysis market. Some of the notable players are Diaverum Deutschland GmbH, Nikkiso Co. Ltd. (Japan), B. Braun Melsungen AG, NxStage Medical, Inc., Nipro Corporation, Baxter International, Inc., Fresenius Medical Care AG & Co. KGaA, DaVita Healthcare Partners, Inc., and Asahi Kasei Corporation.

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