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Hemodialysis and Peritoneal Dialysis Market Worth $126.2 billion | MarketsandMarkets™
Vascular complication associated with dialysis procedures and lack of well established reimbursement and coverage for dialysis in many economic countries, reducing the affordability of dialysis treatment among patients with kidney diseases are likely to hamper the growth of hemodialysis and peritoneal dialysis market.
The hemodialysis market is segmented based on product and service. Hemodialysis products include hemodialysis machines and hemodialysis consumables & supplies, whereas hemodialysis services include in-center services and home services. The hemodialysis services segment is anticipated to grow at significant rate during the forecast period. This is attributed to the increasing utilization of in-center and home hemodialysis services among ESRD patients and the rising number of hemodialysis services providers with strong focus on expanding their hemodialysis services. In March 20254, DaVita Inc., a hemodialysis service provider announced the expansion of its international operation across Latin America .
On the basis of region, the hemodialysis and peritoneal dialysis market is segmented into North America , Europe , Asia Pacific , and the Latin America , Middle East & Africa. The Asia-Pacific market is likely to witness significant market growth. This is attributed to the rise in geriatric patient population, increasing cases of chronic kidney diseases, moreover, improving healthcare infrastructure and the implementation of supportive government initiatives to increase the accessibility of dialysis services in many APAC countries such as India and China . The geographical expansion of key players, and emergence of many local players in the region are likely to support growth of the hemodialysis and peritoneal dialysis market in Asia Pacific .
As of 2023, prominent players in the patient monitoring market are Medtronic ( Ireland ), Nihon Kohden Corporation ( Japan ), Mindray Medical International Ltd. ( China ), GE Healthcare (US), Abbott Laboratories (US) and Boston Scientific Corporation (US), among others.
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