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NEW YORK , Aug. 30, 2022 /PRNewswire/ -- The hemodialysis and peritoneal dialysis market is driven by factors such as the increasing prevalence of chronic diseases and related risk factors. The prevalence of CKD in adults aged 30 years or older is expected to increase, mainly due to the rising number of people with high blood pressure and diabetes. The geriatric population is more prone to kidney diseases because various kidney functions start weakening with age. Thus, the prevalence of CKD is significantly high in people above the age of 65 years. This, in turn, raises the demand for hemodialysis and peritoneal procedure to lower the chances of mortality caused by kidney diseases.
The hemodialysis and peritoneal dialysis market size is expected to grow by USD 5.42 billion . In addition, the growth momentum of the market will accelerate at a CAGR of 5.44% during the forecast period.
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Hemodialysis And Peritoneal Dialysis Market End-user Outlook (Revenue, USD bn, 2021-2026)
Hemodialysis And Peritoneal Dialysis Market Geography Outlook (Revenue, USD bn, 2021-2026)
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North America will account for 37% of the market's growth during the forecast period. The growth of this region will be driven by factors such as the prevalence of chronic kidney disease (CKD) and the rise in kidney failure cases. Market growth in this region will be slower than the growth of the market in other regions. The US and Canada are the key countries for the hemodialysis and peritoneal dialysis market in North America .
Key Vendors and their Offerings
3M Co., Allmed Medical Care Holdings Ltd., AngioDynamics Inc., Asahi Kasei Corp., Atlantic Biomedical Pvt. Ltd., B. Braun SE, Baxter International Inc., Becton Dickinson and Co., Dialife SA, Fresenius SE and Co. KGaA, Guangdong Biolight Medical Technology Co. Ltd., JMS Co. Ltd., Medtronic Plc, Nikkiso Co. Ltd., Nipro Corp., Outset Medical Inc., STERIS Plc, SWS Hemodialysis Care Co. Ltd., Toray Industries Inc., and WEGO Healthcare Shenzhen Co. Ltd. are the main players in the market. The key offerings of some of these vendors are listed below:
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Hemodialysis and Peritoneal Dialysis Market Scope
Accelerate at a CAGR of 5.44%
North America, Europe, Asia, and Rest of World (ROW)
US, Canada, Denmark, China, and India
Leading companies, Competitive strategies, Consumer engagement scope
3M Co., Allmed Medical Care Holdings Ltd., AngioDynamics Inc., Asahi Kasei Corp., Atlantic Biomedical Pvt. Ltd., B. Braun SE, Baxter International Inc., Becton Dickinson and Co., Dialife SA, Fresenius SE and Co. KGaA, Guangdong Biolight Medical Technology Co. Ltd., JMS Co. Ltd., Medtronic Plc, Nikkiso Co. Ltd., Nipro Corp., Outset Medical Inc., STERIS Plc, SWS Hemodialysis Care Co. Ltd., Toray Industries Inc., and WEGO Healthcare Shenzhen Co. Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
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