Increase in incidences of kidney diseases, issues associated with kidney transplants, and surge in prevalence of lifestyle and chronic diseases drive the growth of the global hemodialysis and peritoneal dialysis market
PORTLAND, Ore., Feb. 3, 2021 /PRNewswire/ -- Allied Market Research published a report titled, "Hemodialysis and Peritoneal Dialysis Market by Type (Hemodialysis and Peritoneal Dialysis), Dialysis Site (Hospitals, Clinics & Dialysis Centers, and Home Dialysis), Modality (Conventional and Daily), and Product (Devices and Consumables): Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global hemodialysis and peritoneal dialysis industry was estimated at $15.68 billion in 2019, and is expected to hit $22.16 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.
Download Detailed COVID-19 Impact Sample Report at: https://www.alliedmarketresearch.com/request-for-customization/3474?reqfor=covid
Drivers, restraints, and opportunities-
Increase in incidences of kidney diseases, issues associated with kidney transplants, and surge in prevalence of lifestyle and chronic diseases drive the growth of the global hemodialysis and peritoneal dialysis market. On the other hand, complications in dialysis treatment and reimbursement policy concerns in emerging nations impede the growth to some extent. However, shift in preference of patients for home hemodialysis and rise in improved market strategies by key players are anticipated to pave the way for lucrative opportunities in the coming years.
Covid-19 scenario-
- The global hemodialysis and peritoneal dialysis market has 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.
The hemodialysis segment to maintain the lion's share by 2027-
Based on type, the hemodialysis segment contributed to more than four-fifths of the global hemodialysis and peritoneal dialysis market share in 2019, and is projected to rule the roost by the end of 2027, due to the fact that it is a preferred form of approach among healthcare professionals for patients suffering from ESRD. The peritoneal dialysis segment, on the other hand, would manifest the fastest CAGR of 7.2% throughout the forecast period. Rise in emergence of technologically advanced products for peritoneal dialysis is expected to drive the segment growth.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/3474
The consumables segment to dominate during the forecast period-
Based on product, the consumables segment accounted for 92% of the global hemodialysis and peritoneal dialysis market revenue in 2019, and is expected to lead the trail by 2027. The same segment would also exhibit the fastest CAGR of 6.1% from 2020 to 2027. This is because these products are used frequently and they constantly need to be replaced with new ones.
Asia-Pacific, followed byNorth America, to dominate in terms of revenue-
Based on geography, Asia-Pacific, followed by North America, held the largest share in 2019, garnering more than two-fifths of the global hemodialysis and peritoneal dialysis market. The same region would also register the fastest CAGR of 7.2% by 2027. Increase in cases of ESRD, CKDs, diabetes, and hypertension, coupled with surge in diagnosis rates in this region are estimated to drive the market growth.
Frontrunners in the industry-
- Fresenius Medical Care AG & Co. KGaA
- Baxter International Inc.
- Nipro Corporation
- B Braun Melsungen Ag
- Nikkiso Co., Ltd.
- Becton
- Dickinson And Company (C. R. Bard, Inc.)
- Cook Group
- Angiodynamics Inc.
- Medtronic PLC
- Asahi Kasei Corp
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.
Similar Reports:
Hemodialysis Catheters Market - Global Opportunity Analysis and Industry Forecast, 2020-2027
Hemodialysis Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
Hemodialysis Powder Solution Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
Peritoneal Dialysis Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
Dialysis Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
Digital Therapeutics Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
Surgical Robotics Market - Global Opportunity Analysis and Industry Forecast, 2019-2027
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web:https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
