Global Peritoneal Dialysis Market 2015-2019
About peritoneal dialysis
Peritoneal dialysis is a needle-free treatment and can be performed either by a patient or with the help of a care partner. It is used to remove waste products and extra fluid from the body during the issue with kidney functions. Peritoneal dialysis differs from hemodialysis as in this treatment the blood is not taken from the body to treat the patient. In peritoneal dialysis, a tube called PD catheter is placed in the belly of the patient, and the dialysis is carried out by sterile fluid flowing through the lining of the belly called the peritoneum. This helps the blood flow into and out of the peritoneal space and the blood is cleansed inside the body.
Technavio's analysts forecast the global peritoneal dialysis market to grow at a CAGR of 4.40% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global peritoneal dialysis market for the period 2014-2019. The report considers the following segments of the market:
Technavio Announces the Publication of its Research Report – Global Peritoneal Dialysis Market 2015-2019
Technavio recognizes the following companies as the key players in Global Peritoneal Dialysis Market 2015-2019: Fresenius Medical Care, Baxter, Davita and Braun Melsungen
Other Prominent Vendors in the market are: Covidien, Dialysis Clinic, Diversified Specialty Institute Holdings, Huaren Pharmaceutical, Medical Components, NephroPlus, Northwest Kidney Centers, Nipro, NxStage Medical, Renal Services, Sichuan Kelun Pharmaceutical, Sandor, Satellite Healthcare and U.S. Renal Care
Commenting on the report, an analyst from Technavio’s team said: “Emerging countries such as China, India, South Korea, and Thailand have a growing elderly population but have limited awareness about PD. However, the governments of these countries are making efforts to improve healthcare infrastructures, which benefits the market. Patients are opting for these benefits, which has led vendors to come up with new technologies. Also, the increased competition among vendors ensures the availability of the most efficient treatment at reasonable costs.”
According to the report, the changing lifestyle of people and improvements in healthcare infrastructures and treatment options have resulted in a rise in life expectancy, leading to an increase in the aging population. As a person ages, the risk of problems such as inflammation or swelling of the kidneys, diabetes, urinary tract infections, urinary incontinence, and renovascular disease also increases. Therefore, the increase in the aging population has a positive influence on the growth of the market.
Further, the report states that the risks associated with dialysis such as hypertension, infections, anemia, and bone diseases are one of the major challenges in the market.
Fresenius Medical Care, Baxter, Davita, Braun Melsungen, Covidien, Dialysis Clinic, Diversified Specialty Institute Holdings, Huaren Pharmaceutical, Medical Components, NephroPlus, Northwest Kidney Centers, Nipro, NxStage Medical, Renal Services, Sichuan Kelun Pharmaceutical, Sandor, Satellite Healthcare, U.S. Renal Care