Dialysis is the cure for kidney failure. It’s a process that purges the blood of excrement and excess fluid when the kidneys aren’t doing these jobs any longer. The two main categories of dialysis are hemodialysis and peritoneal dialysis market.
Market Overview
The hemodialysis and peritoneal dialysis market is divided into type (dialysis machines, dialyzers, dialysis solutions), end-user (hospitals, clinics, home care facilities), and geography.
Key Market Trends
- Increase in Chronic Kidney Disease (CKD): The increasing number of chronic kidney diseases (CKD) with the aid of factors such as diabetes, hypertension, and increasing age is affecting the need for dialysis.
- Advances in Technology: Dialysis technologies such as automated peritoneal dialysis (APD) machines and wearable dialysis equipment are transforming the lives of patients.
- Steady Geriatric Population: The older generation is more susceptible to kidney disease and will need more dialysis services.
- Growing Healthcare Cost: Rising healthcare costs are driving the dialysis market, especially in emerging economies.
- Shift to Home Dialysis: The growing prevalence of home dialysis procedures such as home hemodialysis and peritoneal dialysis are driving the market.
Market Size and Forecast
The hemodialysis and peritoneal dialysis market is projected to reach US$ 130,370.18 million by 2028 from US$ 89,851.61 million in 2022; it is expected to grow at a CAGR of 6.4% from 2022 to 2028.
Frequently Asked Questions
Why is the hemodialysis and peritoneal dialysis market growing?
- Chronic kidney disease increases its incidence.
- Advancements in dialysis technology
- Growing geriatric population
- Rising healthcare expenditure
- Shift towards home dialysis
Which markets will drive the hemodialysis and peritoneal dialysis market?
- Asia-Pacific is likely to be a key growth region for the dialysis market due to population growth, healthcare spending, and rising awareness of kidney disease.