Product ID: SQMIG35D2183
Global Peritoneal Dialysis Market Size, Share, Growth Analysis, By Product Type(CAPD, APD), By Product(Cyclers, Fluids), By End User(Home Health Care, Hospitals) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2183 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
87 |
Figures:
77
Global Peritoneal Dialysis Market Regional Insights
With a market share of more than 35.0 percent and the highest revenue in 2021, North America dominated the global peritoneal dialysis market. The region's market is expanding as a result of the existence of important players, large government expenditures in the creation of cutting-edge medical devices, and a favorable reimbursement environment. Dialysis is becoming more popular as a result of the increase in kidney failures and chronic kidney diseases (CKD). High disposable income, government efforts, and rising healthcare spending are a few major reasons boosting the industry.
For example, 37 million US adults, or 15 percent of the population, or more than one in seven are thought to have CKD. Up to 90% of persons with CKD are unaware of their condition. Nearly 25% of persons with severe CKD are unaware of their condition. CKD is more prevalent in those over the age of 65 (38%) compared to those between the ages of 45 and 64 (12%) and 18 to 44 (44%) (6 percent). Women are significantly more often than males (14%) to have CKD (12 percent). Approximately 14% of adult Hispanics have CKD.
Over the projected period, the Asia Pacific region is anticipated to have the greatest CAGR, at 7.6%. Rising renal failure cases, an aging population, and increased product development are anticipated to fuel market expansion over the course of the projected period. For example, the frequency of both general and advanced CKD varied significantly. In Asia, there are up to 434.3 million individuals with CKD, up to 65.6 million of whom have advanced CKD. The countries with the highest numbers of people with CKD were China (up to 159.8 million) and India (up to 140.2 million), which together accounted for 69.1 percent of all adults with CKD in the area. In addition, the IDF estimates that 88 million individuals in South East Asia already have diabetes, with 153 million likely to have the disease by 2045. In addition, increased government efforts, CKD awareness programs, technologically advanced goods, the availability of newly built, state-of-the-art healthcare facilities in the area, and rising healthcare spending are a few additional factors influencing the global peritoneal dialysis market growth.
Global Peritoneal Dialysis Market Report Snapshots
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