PUBLISHER: SkyQuest | PRODUCT CODE: 1619192
PUBLISHER: SkyQuest | PRODUCT CODE: 1619192
Global Peritoneal Dialysis Market size was valued at USD 8.47 billion in 2022 and is poised to grow from USD 8.94 billion in 2023 to USD 13.83 billion by 2031, growing at a CAGR of 5.6% during the forecast period (2024-2031).
The peritoneal dialysis (PD) market is experiencing significant growth, driven by its advantages over traditional hemodialysis, particularly for patients with remaining renal function. PD allows for flexible, home-based treatment, minimizing hospital visits and tough dietary restrictions, making it appealing to patients. Today's increasing use of home dialysis, particularly PD, is evident as its utilization rose from 14.8% to 20% among patients with less than two years of end-stage kidney disease (ESKD) between 2023 and 2019. However, commercial challenges persist, especially among older patients, due to technophobia regarding cycler equipment. Post-COVID-19, rising healthcare demands, demand for innovative solutions, and supportive government initiatives are expected to propel the global PD market, further highlighting its growing relevance in renal care.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Peritoneal Dialysis market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Peritoneal Dialysis Market Segmental Analysis
Global Peritoneal Dialysis Market is segmented by offering, modality, disease indication, end user and region. Based on offering, the market is segmented into peritoneal dialysis products and peritoneal dialysis services. Based on modality, the market is segmented into continuous ambulatory peritoneal dialysis (CAPD) and automated peritoneal dialysis (APD). Based on disease indication, the market is segmented into end-stage renal disease, acute kidney injury and other diseases. Based on end user, the market is segmented into home care settings, hospitals & independent dialysis centers and other end users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Peritoneal Dialysis Market
The global peritoneal dialysis market is driven by several key factors, including the rising prevalence of end-stage renal disease (ESRD), advancements in the technology of peritoneal dialysis cyclers, and an increasing demand for home dialysis treatment options. Peritoneal dialysis offers numerous advantages such as lower costs compared to hemodialysis, a needle-free approach, enhanced mobility, ease of use, and fewer dietary restrictions, all of which contribute to its global market growth. Furthermore, the escalating need for home care dialysis services reflects the growing trend of treating both acute and chronic kidney disease patients in outpatient or home settings. With over 800 million individuals affected by chronic kidney disease worldwide, the demand for effective renal home treatments continues to rise, particularly in low- and middle-income countries where the burden is disproportionately significant.
Restraints in the Global Peritoneal Dialysis Market
The global peritoneal dialysis market faces several significant restraints that hinder its growth potential. Key challenges include a heightened risk of infections and complications associated with treatment failure, which can deter patients and healthcare providers from opting for this method. Additionally, the necessity for permanent catheter insertion outside the body raises concerns about long-term health risks and patient comfort. Furthermore, the complex and often lengthy approval processes for new dialysis devices can stifle innovation and limit the availability of improved treatment options. Together, these factors contribute to a cautious approach towards the adoption of peritoneal dialysis solutions in the healthcare sector.
Market Trends of the Global Peritoneal Dialysis Market
The global peritoneal dialysis market is witnessing significant growth, spurred by the rising prevalence of End Stage Renal Disease (ESRD) and associated conditions such as diabetes and hypertension. Increased public awareness and government initiatives aimed at expanding access to dialysis options are further enhancing market dynamics. The demand for advanced treatment technologies is also on the rise, reflecting a shift towards more efficient and patient-friendly solutions. Additionally, the growing adoption of peritoneal dialysis in developing regions like China and India presents new opportunities, positioning the market for sustained expansion in the coming years, driven by evolving healthcare needs globally.