Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4,730 million | USD 9,140 million | 7.59% | 2023 |
The global peritoneal dialysis market size was evaluated at $4,730 million in 2023 and is slated to hit $9,140 million by the end of 2032 with a CAGR of nearly 7.59% between 2024 and 2032.
Peritoneal dialysis is a kind of dialysis that makes use of the peritoneum present in the abdomen of an individual. Reportedly, the peritoneum is a membrane through which fluid as well as dissolved substances are exchanged with blood. Moreover, peritoneal dialysis is utilized for removing excessive fluid, correcting electrolyte issues, and removing toxic substances in individuals with kidney failure. The key benefits offered by peritoneal dialysis are movability and better results in comparison to hemodialysis.
Allocation of huge funds for healthcare activities by government to help global market ascend to new heights of growth by 2032
A surge in healthcare spending by various governments across the globe for addressing chronic kidney diseases such as diabetes, cancer, and trauma has catapulted the growth of the global peritoneal dialysis market. Moreover, ease of treatment, reduced treatment costs, and lower food restrictions are likely to steer the expansion of the global market. Furthermore, the rise in the necessity of cost-efficient medical devices along with immense demand for home dialysis is projected to steer the growth of the market across the globe.
In addition to this, rapid healthcare infrastructural growth in emerging economies will further pave the way for the expansion of the market globally. A rise in the cases of kidney failures is likely to steer the elevation of the market space in the upcoming years.
Lack of favorable reimbursement guidelines can result in decimation of the global industry growth in coming years
Improper compensation policies in emerging economies are anticipated to put brakes on the global peritoneal dialysis industry expansion in the foreseeable future. Furthermore, the lack of availability of experts for handling peritoneal dialysis equipment can hinder the growth of the global industry.
Additionally, the growing frequency of infections caused due to peritoneal dialysis such as hernia infection, catheter blockage, and infection of the abdomen is likely to halt the demand for peritoneal dialysis. Lesser adoption of peritoneal cyclers by aging persons can decimate the growth of the industry across the globe.
Low maintenance costs required for peritoneal dialysis equipment can create new growth prospects for the market across the globe
An increment in the number of patients suffering from end-stage renal disorders globally has opened a spectrum of avenues for the global peritoneal dialysis market. Moreover, the growing preference of healthcare professionals towards peritoneal dialysis is projected to shape the growth of the global market.
Launching of dialysis equipment requiring lesser maintenance can further boost the global market demand. The lack of availability of kidney transplants owing to strict laws governing kidney transplantations in a slew of countries can create new prospects of growth for the market globally.
Complicated approval process of approving innovative devices can pose a big challenge to the global industry surge over 2024-2032
Undergoing complex procedures for approving new peritoneal dialysis equipment and permanent insertion of catheters outside of the human body can pose a huge challenge to the expansion of the global peritoneal dialysis industry.
The global peritoneal dialysis market is divided into product type, treatment type, end-user, and region.
In product type terms, the peritoneal dialysis market across the globe is segregated into peritoneal dialysis sets, devices, peritoneal dialysis solutions, and catheter segments. Furthermore, the device segment, which accumulated approximately 57% of the global market revenue in 2023, is expected to record the fastest rate of growth in the forecast timeline. The expansion of the segment in the next eight years can be subject to the large-scale use of peritoneal cyclers by the geriatric populace.
On the basis of treatment type, the global peritoneal dialysis industry is segmented into continuous ambulatory peritoneal dialysis and automated peritoneal dialysis segments. Additionally, the continuous ambulatory peritoneal dialysis segment, which acquired a foremost share of the global industry in 2023, is anticipated to lead the segmental landscape in the years ahead. The segmental surge from 2024 to 2032 can be a result of a rise in the patient population base across the globe. The key advantages offered by continuous ambulatory peritoneal dialysis are cost-effectiveness, less requirement of highly skilled operators, and high speed.
Based on the end-user, the global peritoneal dialysis market is divided into home-based dialysis and dialysis center & hospital-based dialysis segments. Moreover, the home-based dialysis segment, which gathered approximately 53% of the global market earnings in 2023, is anticipated to register the fastest rate of growth in the forecast timespan. The expansion of the segment in the coming eight years can be due to a prominent demand for remote patient management tools. Apart from this, the surge in the cases of chronic kidney ailments along with the rise in healthcare expenditure along with supportive government policies will boost the segmental growth in the near future.
Report Attributes | Report Details |
---|---|
Report Name | Peritoneal Dialysis Market |
Market Size in 2023 | USD 4,730 Million |
Market Forecast in 2032 | USD 9,140 Million |
Growth Rate | CAGR of 7.59% |
Number of Pages | 226 |
Key Companies Covered | ADMS (Atlantic Dialysis Management Services), Medionics International Inc., Fresenius Medical Care AG & Co. KGaA, Renax Biomedical Tech. Co. Ltd., Newsol Technologies Inc., Poly Medicure Limited, Baxter International Inc., Medtronic Plc, Utah Medical Products Inc., B.Braun Melsungen AG, US Renal Care, Terumo Corp., PREMIER DIALYSIS, Allmed Medical Care, Sanderling Healthcare, Apollo Dialysis, Northwest Kidney Centers, Cook Inc., and others. |
Segments Covered | By Product Type, By Treatment Type, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific is predicted to maintain the leading position in the global peritoneal dialysis market in the ensuing years
Asia-Pacific, which accounted for nearly three-fifths of the global peritoneal dialysis market proceeds in 2023, is expected to dominate the global market in the next decade. Furthermore, the regional market surge in the next couple of years can be due to a rise in cases of high blood pressure. Furthermore, awareness campaigns & promotions carried out by the government and the need to address unmet medical needs of the patients in the emerging economies of Asia will spur the growth of the market in APAC.
North American peritoneal dialysis industry is expected to register the fastest CAGR in the forecast timeline. The elevation of the industry in North America over the coming eight years can be credited to the escalating use of innovative peritoneal dialysis technology. Additionally, favorable government schemes along with the rise in the access of peritoneal dialysis equipment will embellish the regional industry trends. The availability of advanced healthcare amenities will open new vistas of growth for the industry in the region.
The global peritoneal dialysis market profiles key players such as:
By Product Type
By Treatment Type
By End-User
FrequentlyAsked Questions
Peritoneal dialysis is a kind of dialysis that makes use of peritoneum present in the abdomen of an individual. Reportedly, peritoneum is a membrane through which fluid as well as dissolved substances are exchanged with blood.
The global peritoneal dialysis market growth over forecast period can be owing to a surge in the healthcare spending by various governments across the globe for addressing chronic kidney diseases such as diabetes, cancer, and trauma.
According to a study, the global peritoneal dialysis industry size was $4,730 million in 2023 and is projected to reach $9,140 million by the end of 2032.
The global peritoneal dialysis market is anticipated to record a CAGR of nearly 7.59% from 2024 to 2032.
The North American peritoneal dialysis industry is set to register the fastest CAGR over the forecasting timeline owing to escalating use of innovative peritoneal dialysis technology. Additionally, favorable government schemes along with rise in the access of peritoneal dialysis equipment will embellish the regional industry trends. Availability of advanced healthcare amenities will open new vistas of growth for the industry in the region.
The global peritoneal dialysis market is led by players such as ADMS (Atlantic Dialysis Management Services), Medionics International, Inc., Fresenius Medical Care AG & Co. KGaA, Renax Biomedical Tech. Co., Ltd., Newsol Technologies Inc., Poly Medicure Limited, Baxter International Inc., Medtronic Plc, Utah Medical Products, Inc., B.Braun Melsungen AG, US Renal Care, Terumo Corp., PREMIER DIALYSIS, Allmed Medical Care, Sanderling Healthcare, Apollo Dialysis, Northwest Kidney Centers, and Cook Inc.
The global peritoneal dialysis market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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