Hemodialysis And Peritoneal Dialysis Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033

The hemodialysis and peritoneal dialysis market size has grown strongly in recent years. It will grow from $78.64 billion in 2023 to $85.05 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increased home-based treatment, increased end-stage renal disease (esrd), increased healthcare reimbursement, rise in nephrologist involvement, rise in patient preference.

The hemodialysis and peritoneal dialysis market size is expected to see strong growth in the next few years. It will grow to $119.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing esrd cases, rising remote monitoring, expansion of telehealth, rise in automated peritoneal dialysis, rising patient-centered care. Major trends in the forecast period include wearable dialysis devices, data analytics and ai, water quality management, innovative dialysis machines, personalized dialysis regimens:.

Market Overview -
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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Rising Prevalence Of Kidney Diseases Fuels Growth In Hemodialysis And Peritoneal Dialysis Market
The growing prevalence of kidney diseases is expected to propel the growth of the hemodialysis and peritoneal dialysis market going forward. Kidney disorders refer to a heterogeneous group of disorders that affect the structure and function of the kidney. Advanced chronic renal disease can result in dangerously high amounts of fluid, electrolytes, and wastes in the body, hemodialysis and peritoneal dialysis are used in the treatment in which the blood is cleaned using a dialysis machine and a specific filter known as an artificial kidney. 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.

Competitive Landscape -
Major companies operating in the hemodialysis and peritoneal dialysis market include Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., Nipro Corporation, B. Braun Melsungen AG, Nikkiso Co. Ltd., DaVita Inc., Asahi Kasei Corporation, Medtronic plc, AngioDynamics Inc., Becton, Dickinson and Company, Rockwell Medical Inc., Cantel Medical Corp., NxStage Medical Inc., Quanta Dialysis Technologies Ltd., Outset Medical Inc., Medivators Inc., Medisystems Corporation, Allmed Medical Products Co. Ltd., Jiangsu Lengthen Life Science and Technology Co. Ltd., Toray Medical Co. Ltd., Medcomp, Medline Industries Inc., Atlantic Medical Supply Co. Inc., Dialife Group, Diaverum, Satellite Healthcare Inc., U.S. Renal Care Inc., American Renal Associates Holdings Inc., Rogosin Institute, Northwest Kidney Centers

Innovative Technological Advancements In The Hemodialysis And Peritoneal Dialysis Market
Technological advancements are a key trend gaining popularity in hemodialysis and peritoneal dialysis. 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.

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Key Segments -
The hemodialysis and peritoneal dialysis market covered in this report is segmented -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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