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The study segments the Peritoneal Dialysis industry in light of major classification such as product type, potential markets, application, and end-user.
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Peritoneal Dialysis Market To Reach USD 5.30 Billion By 2026
Market Summary Increase in number of renal failure due to hypertension, stress, and diabetes mellitus globally, are the major factors influencing market growth. Market Size – USD 3.46 billion in 2018, Market Growth - CAGR of 5.3 %, Market Trends – Technological advancements along with increasing demand for hassle free treatment procedure The Peritoneal Dialysis Market is estimated to reach USD 5.30 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing incidences of chronic diseases along with technological advancements that are expected to become the most common growth factors globally in the coming years. Peritoneal dialysis (PD) is a method of dialysis that uses dialysis solution and the inner lining of the abdomen to drain blood when the kidneys are not functioning efficiently. This method is mostly performed at home and principally works to remove excess waste products and fluid from the blood. ESRD (End-stage renal disease), which is generally known as kidney failure is a significant factor for the growth of the market. Diabetes is the most usual cause of ESRD, whereas high blood pressure is the second most common cause of ESRD. High blood pressure and diabetes are the most common chronic disease among the global population, and shortage of kidneys for transplantation due to stringent regulations regarding kidney transplantation in several countries are some of the factors that are responsible for stimulating the market growth globally. However, lack of awareness and limited demand in underdeveloped countries are some of the factors that may hinder the market growth. The rise in demand for home peritoneal dialysis treatment and increased opportunities in weak and emerging markets can create future opportunities further. www.reportsanddata.com
Further key findings from the report suggest • Peritoneal dialysis is the cleansing of blood along with the elimination of extra fluids by using the peritoneal membrane, the body’s natural filter. • Hemodialysis is a method of pumping out the blood to an artificial kidney system and is returned to the body by the help of tubing accessories. • Peritoneal membrane is the lining that circles the abdominal cavity including stomach, spleen, liver, and intestines. • CAPD type segment is expected to grow at a rate of 5.4% during the forecast period, due to portability, low cost, and freedom from machines. • Growing population, increasing rates of chronic diseases, and rising healthcare expenditure are the fundamental factors which are boosting the growth of the market across the globe. • A growing aging population that needs long term care requirements, raising awareness about hospital-acquired infections and growing usage of technologies among patients are few factors that are expected to expand usage rates. • Hospital based dialysis segment accounts for a market share of 31.2% in 2018. • Innovative product development and collaborative developments are some critical strategic initiatives taken by the players in this industry to point their mark in the competition. • The presence of unique diagnostic and therapeutic medical technologies that enable quick and accurate diagnosis is the primary factor for the growth of this segment. • The advantages of peritoneal dialysis include no use of needles, minimum clinic visits, and continuoustherapy supplies similar to the natural functioning of the kidney.
Market Summary Key Players: Baxter International, Nipro, B. Braun Melsungen, DaVita Healthcare Partners, Covidien, Dialysis Clinic, Fresenius Medical Care, Diversified Specialty Institute Holdings, Medical Components, Huaren Pharmaceutical, NephroPlus, Northwest Kidney Centers, Satellite Healthcare, NxStage Medical, Renal Services, Sandor, Sichuan Kelun Pharmaceutical, and U.S. Renal Care Segmentation: For the purpose of this study, Reports and Data have segmented the global Peritoneal Dialysis Market on the basis of Type, End user, Product and region: By Type Outlook (Revenue, USD Million; 2016-2026) •Continuous Ambulatory Peritoneal Dialysis (CAPD) •Automated Peritoneal Dialysis (APD) By End-User Outlook (Revenue, USD Million; 2016-2026) •Home-Based Dialysis •Dialysis Center & Hospital Based Dialysis To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1376 www.reportsanddata.com
Market Summary Product Outlook (Revenue, USD Million; 2016-2026) •Peritoneal Dialysis Solution •Device •Peritoneal Dialysis Set •Catheter •Others Regional Outlook (Revenue, USD Million; 2016-2026) •North America •Europe •Asia Pacific •Latin America •MEA Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/make-enquiry-form/1376 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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