The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s hemodialysis and peritoneal dialysis market report forecasts the hemodialysis and peritoneal dialysis market size to grow to $110.29 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Hemodialysis And Peritoneal Dialysis Market Report 2023 – https://www.thebusinessresearchcompany.com/report/hemodialysis-and-peritoneal-dialysis-global-market-report

Hemodialysis And Peritoneal Dialysis Market Size Forecast
The global hemodialysis and peritoneal dialysis market is expected to grow from $73.86 billion in 2022 to $80.17 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hemodialysis and peritoneal dialysis market size is expected to grow to $110.29 billion in 2027 at a CAGR of 8.3%.

North America held the largest hemodialysis and peritoneal dialysis market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Hemodialysis And Peritoneal Dialysis Market Driver ­– Growth In The Prevalence Of Kidney Diseases
For instance, in 2021, according to the Centers for Disease Control and Prevention’s report on chronic kidney disease, a US-based national public health agency, around 15% of US adults, or 37 million people, are estimated to have chronic kidney diseases. Therefore, the growing prevalence of kidney diseases is driving the hemodialysis and peritoneal dialysis market.

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Key Hemodialysis And Peritoneal Dialysis Market Trend – Technological Advancement
Major companies operating in the hemodialysis and peritoneal dialysis market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Kuleana Technology, Inc., a Seattle-based startup focused on improving renal replacement therapies, got the first dialysis funding from the National Kidney Foundation (NKF) Innovation Fund. Kuleana is creating revolutionary portable hemodialysis equipment that does not need to be connected to an external water supply and won’t need complicated sorbents. Due to the ability to dialyze while on the go, this device will be more efficient than existing dialysis, enabling whenever and wherever dialysis for millions of patients globally.

Hemodialysis And Peritoneal Dialysis Market Segment
1) By Type: Hemodialysis, Short-Term Catheter, Chronic Catheter, Graft, Fistula, Peritoneal Dialysis
2) By Modality: Conventional, Daily (Day Time, Night Time)
3) By End User: Hospitals, Clinics, And Dialysis Centers, Home Dialysis

Hemodialysis And Peritoneal Dialysis Market Major Players and Strategies
Major players in the hemodialysis and peritoneal dialysis market are Baxter International Inc., Nipro Corporation, B Braun Melsungen AG, Nikkiso Co. Ltd., Becton Dickinson And Company, Medtronic PLC, Asahi Kasei Corp., DaVita Inc., Diaverum, Cook Group Incorporated, Angiodynamics, Toray Medical Co. Ltd., Drägerwerk AG And Co. KGAA, and Cantel Medical Corporation.

In March 2021, DaVita Kidney Care, a US-based company that treats patients with chronic kidney failure and end-stage kidney disease, extended in collaboration with Fresenius Medical Care. The collaboration offers DaVita patients home hemodialysis technology across the United States, including NxStage machines, supplies, and a connected health platform. The cooperation helps both businesses achieve their objectives of encouraging more patients to select home dialysis, which can improve the quality of life for those with chronic kidney failure. Fresenius Medical Care is a US-based company specializing in kidney care.

The Hemodialysis And Peritoneal Dialysis Global Market Report 2023 covers regional data on hemodialysis and peritoneal dialysis market size, hemodialysis and peritoneal dialysis market trends and drivers, opportunities, strategies, and hemodialysis and peritoneal dialysis market competitor analysis. The countries covered in the hemodialysis and peritoneal dialysis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Hemodialysis and peritoneal dialysis are used to eliminate waste products and excess fluids such as urea and creatinine from the blood by redirecting blood to a machine for the cleaning process. Hemodialysis refers to a treatment in which the blood is cleaned using a dialysis machine and a specific filter known as an artificial kidney, or dialyzer. It is a type of dialysis that uses the patient’s own bodily tissues inside the abdominal cavity as a filter.

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