Global Hemodialysis and Peritoneal Dialysis Market: Dialysis is a procedure that filters and purifies the blood using a machine, which replicates the function of kidneys. Kidneys has many roles; an essential role of the kidney is to regulate the body’s fluid balance. Kidneys are responsible for filtering waste products from the blood. Dialysis can allow individuals to live productive and useful lives, even though their kidneys no longer work adequately. The two major blood chemical levels that are measured are the “creatinine level” and the “blood urea nitrogen” (BUN) level, as these two levels rise, they indicate the decreasing ability of kidneys to cleanse the body of waste products. When kidneys cannot perform its functions due to disease or injury, dialysis helps by circulation the body fluid and eliminating the waste out of body. Dialysis for adults is recommended when creatinine levels reaches 10.0 mg/dL and for children, dialysis is recommended when levels reach 2.0 mg/dL and blood urea nitrogen is more than 20 mg/dL. There are two main types of dialysis namely hemodialysis and peritoneal dialysis. Hemodialysis uses an external machine and special type of filter to remove excess waste products and water from the blood. During hemodialysis, blood passes from the patient’s body to the dialysis machine through sterile tubing and filter, called a dialysis membrane by removing excess waste products and water from the body, while in peritoneal dialysis uses fluid that is placed into the patient’s abdominal cavity through a plastic tube called peritoneal dialysis catheter to remove excess waste products and fluid from the body.
Up-surging incidence of chronic kidney diseases is anticipated to drive the growth of global hemodialysis and peritoneal dialysis market
Key market drivers for the global hemodialysis and peritoneal dialysis market are increasing incidence of renal disease and chronic kidney disease. In addition, increasing geriatric population, rising prevalence of diabetes and hypertension, and complications related to vascular access are expected to drive the growth of market during the forecast period.
The prevalence of kidney disease is increasing dramatically and the cost of treating this growing epidemic represents an enormous burden on healthcare systems worldwide which are hindering the growth of global hemodialysis and peritoneal dialysis market. Even in high income countries, the high cost of long term dialysis for increasing numbers of people is a problem and even in low and middle income countries long term dialysis is unaffordable. Other factors such as poor reimbursement schemes and processes, high risks and complications associated with dialysis are some factors which are affecting the growth of hemodialysis and peritoneal dialysis market worldwide.
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New dialysis technology designed to be more user-friendly for patients and staff, use of biocompatible fluids for dialysis which have more physiologic pH and reduced glucose degradation and implantable artificial kidney into human body which are timely monitored by doctors are the on-going trends in the dialysis market.
The global hemodialysis and peritoneal dialysis market report has been segmented on the basis of products and service, end–user, and region. Currently, the market in North America dominates the market in terms of revenue owing to factors such as advanced technology and availability of medical reimbursements. APAC accounts the second largest market share due to increasing prevalence pool of diabetes and hypertension, and improving reimbursement scenario and infrastructure is the driving the market in the region.
The major players in the market include Fresenius Medical Care AG & Co. KGaA, DaVita Healthcare Partners, Inc., Baxter International, Inc., B. Braun Melsungen AG, Nipro Corporation, Diaverum Deutschland GmbH, Nikkiso Co. Ltd., NxStage Medical, Inc., Medivators Inc., and SWS medical.