Hemodialysis is the process of filtering the blood through an artificial kidney (dialyzer), while peritoneal dialysis filters the blood through the patient’s own peritoneum. Hemodialysis and peritoneal dialysis are the two forms of dialysis. With the aid of a dialyzer membrane, hemodialysis cleans the blood of toxins and excess fluid before reintroducing it to the body. The peritoneum is used as a dialysis membrane in peritoneal dialysis, a process that cleans the blood. Dialysis is the standard treatment for patients with chronic kidney disease, and restoration of normal kidney function requires a transplant.
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Hemodialysis and Peritoneal Dialysis Market Drivers
Growth in the worldwide hemodialysis and peritoneal dialysis market is anticipated to be fueled by new product introductions from market leaders, mergers and acquisitions, and other attempts by manufacturers to remain viable and competitive in the industry. Fresenius Medical Care AG & Co., one of the industry’s top players, is only one example. KGaA is concentrating on new product introductions and acquisitions. In October 2018, the National Institute for Health and Care Excellence (NICE) recommended hemodiafiltration (HDF) over high-flux hemodialysis (HD) for UK patients with end-stage renal illness. Fresenius Medical Care agreed with this advice. As a result, the need for hemodialysis and peritoneal dialysis is anticipated to increase worldwide.
Also, in November of 2018, Fresenius Medical Care and Humacyte, Inc. formed a strategic collaboration. HUMACYL, created by Humacyte, is being studied as a potential vascular access for hemodialysis. In addition, Fresenius Medical Care’s 6008 CAREset bloodstream system for hemodialysis was honoured with the Red Dot Award: Product Design in April 2018. In addition, in 2017 Fresenius Medical Care entered into a purchase agreement to acquire NxStage Medical, Inc. (NxStage), a medical technology and Services Company based in the United States. B. NxStage Medical Inc.’s bloodlines division, which does business as Medisystems, was sold to Braun Medical Inc. As of 2017, NxStage Medical, Inc. claimed the American market. The System One has been approved by the FDA for use in unaccompanied home hemodialysis. Over the projected period, these factors are likely to boost the worldwide hemodialysis and peritoneal dialysis market.
Growth in the global hemodialysis and peritoneal dialysis market is likely to be slowed by strict regulatory rules for the approval and manufacturing, reimbursement, and risks and problems associated with dialysis treatment.
Hemodialysis and Peritoneal Dialysis Market Regional Analysis
The market for hemodialysis and peritoneal dialysis in North America is anticipated to remain dominating worldwide over the forecast period. Growth in the worldwide hemodialysis and peritoneal dialysis market is anticipated to be supported by the presence of major manufacturers and by a rising number of dialysis operations. It was reported in 2017 by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) that over 661,000 Americans were dealing with kidney failure, with 468,000 requiring dialysis treatment. The expansion of the hemodialysis and peritoneal dialysis markets in North America has been facilitated by these elements.
Hemodialysis and Peritoneal Dialysis Market Key Players
Fresenius Medical Care AG & Co. is a major player in the international hemodialysis and peritoneal dialysis market. KGaA, Diaverum Germany GmbH, Nikkiso Co., Ltd., Nipro Corporation, DaVita Healthcare Partners, Inc., Baxter International, Inc., Nipro Corporation, and Nikkiso Co. , NxStage Medical, Inc., and N.A.S.H.I. Ltd.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/insight/buy-now/2327
Hemodialysis and Peritoneal Dialysis Market Taxonomy
The market for hemodialysis and peritoneal dialysis worldwide is divided based on product type, application, end user, and region
By Product Type:
- Water Treatment System
- Conventional Hemodialysis
- Nocturnal Hemodialysis
- Short Daily Hemodialysis
- Peritoneal Dialysis
- Continuous Ambulatory Peritoneal Dialysis (CAPD)
- Automated Peritoneal Dialysis (APD)
By End User:
- Home Care Setting
- North America
- Middle East
- Latin America
- Asia Pacific
Table of Contents with Major Points:
- Key Findings
- Definitions and Assumptions
- Definition of Hemodialysis and Peritoneal Dialysis Market
- Market Dynamics
- Trends and Developments
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Hemodialysis and Peritoneal Dialysis Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
- Data Sources
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