According to the new market research report "Hemodialysis and Peritoneal Dialysis Market by Product (Machine, Bloodline, Tube, Concentrate (Alkaline), Catheter, Dialyzer, Water Treatment, Services), Modality (Conventional, CAPD, Nocturnal), User (Hospital, Home Care, ASCs) - Global Forecasts to 2026", published by MarketsandMarkets™, the global Hemodialysis Dialysis Market is projected to reach USD 105.1 billion by 2026 from USD 76.9 billion in 2021, at a CAGR of 6.4% during the forecast period.
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The increasing incidence of chronic kidney disease, the
availability of advanced dialysis, machines disposables and replacement fluids,
and increasing government initiatives to increase the accessibility of dialysis
treatment and growing adoption home hemodialysis are expected to drive market
growth in the coming years
The hemodialysis and peritoneal dialysis market include major
Tier I and II suppliers of HD & PD products & services are Fresenius
Medical Care AG & Co. KGaA (Germany),
Baxter International, Inc. (US), Nikkiso Co., Ltd. (Japan), B. Braun Melsungen AG (Germany),
Asahi Kasei Corporation (Japan),
DaVita Inc. (US), Nipro Corporation (Japan), Cantel Medical Corporation
(US), Diaverum (Germany),
Medtronic plc (Ireland),
Rockwell Medical, Inc. (US), Becton, Dickinson and Company (US), Dialife SA (Switzerland),
and Isopure Corp. (USThese suppliers have their manufacturing facilities spread
across regions such as North
America and Europe.
COVID-19 has impacted their businesses as well. The surge in the
number of COVID cases, along with the rise in its severity rate, is likely to
create a potential increase in the incidence of kidney damage. Due to the
pandemic, the demand for renal replacement fluids has increased significantly
worldwide. The demand for RRT among patients with COVID-19 has increased
fivefold compared to the historical US populations (4.9% as of 2020 VS. 0.9%
earlier) (Source: American Society of Nephrology, 2021). The gradual shift
towards home hemodialysis treatment before the pandemic and the concerns over the
spread of COVID-19 infection have considerably accelerated patient interest in
HD treatment. This factor is likely to boost the adoption of home hemodialysis
products during the epidemic.
The rise in number
of dialysis service provider to support the market growth during the forecast
period."
Significant rise in number of dialysis service provider, coupled
with the growing prevalence of ESRD. Along with this growing focus of dialysis
service providers towards expansion of their services offerings by launching
and acquiring new dialysis centers across the globe is likely to contribute
towards the growth of the segment.
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Asia Pacific likely
to emerge as the fastest-growing hemodialysis and peritoneal dialysis market,
globally
Geographically, the emerging Asian countries, such as China, India, Japan and Singapore,
are offering high-growth opportunities for market players. The Asia Pacific point
of care market is projected to grow at the highest CAGR of 8.8% from 2021 to
2026. Expansion of healthcare infrastructure and increase in disposable
personal income, increase patient population with acute kidney disease,
diabetes, hypertension are factors likely to support the growth of hemodialysis
and peritoneal dialysis market in the region. Moreover, initiative by
government to increase the accessibility of the dialysis treatment in the
region are likely to offer huge opportunity for the players to capture large
customer base.
Prominent players in this Hemodialysis and Peritoneal Dialysis
Market are Baxter International Inc. (US), Fresenius Medical Care AG & Co.
KGaA (Germany),
NIKKISO CO., LTD. (Japan),
B. Braun Melsungen AG (Germany),
Asahi Kasei Corporation (Japan),
Toray Medical Co., Ltd. (Japan),
among others
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