The peritoneal dialysis equipment market has witnessed significant growth over the past few years owing to the growing prevalence of chronic kidney disease andEnd-Stage Renal Disease. Peritoneal dialysis is a treatment option for kidney failure and involves using a sterile dialysate solution and the peritoneal membrane in the abdomen to remove waste such as urea and sodium from the blood. The major advantages of peritoneal dialysis over hemodialysis include improved patient quality of life, ability to perform at home and work, and smaller risks of infection and cardiovascular complications. Peritoneal dialysis equipment includes cyclers, tubing sets, connectors, infusion bags and drain bags among other accessories required for dialysis treatment. The growing preference for home-based dialysis therapies is also fueling the adoption of peritoneal dialysis equipment globally.
The peritoneal dialysis equipment market is estimated to be valued at USD 4.62 Bn in 2024 and is expected to reach USD 6.93 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6% from 2024 to 2031.
Key Takeaways
Key players operating in the peritoneal dialysis equipment are Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Medtronic Plc., Nipro Corporation, Cook Medical Inc.
The increasing prevalence of chronic kidney disease and end-stage renal disease presents significant growth opportunities for players in the Peritoneal Dialysis Equipment Market. Additionally, favorable reimbursement policies and government initiatives to promote home dialysis are further supporting market growth.
Major players are expanding their geographical presence across emerging markets to tap the growth potential offered by these regions. The rising healthcare expenditure and expanding healthcare infrastructure in Asia Pacific and Latin America provides an impetus for global expansion.
Market drivers
The growing preference for home-based peritoneal dialysis over in-center hemodialysis is a major market driver. Home dialysis offers improved quality of life and is more cost-effective compared to in-center dialysis. With increasing awareness, more patients are opting for home peritoneal dialysis. The increasing geriatric population who are more prone to developing chronic kidney disease further drives the need for dialysis and peritoneal dialysis equipment.
PEST Analysis
Political: The policies of healthcare systems and regulatory authorities influence reimbursement rates for dialysis equipment and procedures. Financial support for patients impacts demand.
Economic: Disposable income levels affect ability to pay for treatment. Economic growth influences healthcare spending.
Social: Aging populations drive need as kidney disease risk rises with age. Lifestyle diseases also contribute to growing patient volumes.
Technological: Advances enhance portability and usability of devices. Telehealth options facilitate remote monitoring and training. Connected health technologies support better self-care and clinical oversight.
Geographical concentration
The North American and European markets currently account for the largest shares of the peritoneal dialysis equipment market in terms of value. This is attributed to developed healthcare infrastructure, higher reimbursement rates, and growing patient populations. The number of dialysis centers in countries like the US and Germany cater to large patient bases in these regions.
Fastest growing region
The Asia Pacific region is expected to register the highest growth during the forecast period for the peritoneal dialysis equipment market. Factors such as the rising incidence of chronic kidney disease, improving access to healthcare, increasing healthcare expenditures, and growing awareness are driving market expansion in countries like China, India and Japan. Government efforts to boost healthcare modernization will also support market growth.
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