Dialysis therapy includes hemodialysis to purify the blood using an artificial kidney (dialyzer) and peritoneal dialysis to purify the blood through one's own peritonea. There are two types of dialysis which are hemodialysis and peritoneal dialysis. Hemodialysis involves purification of the blood by removing waste products and extra fluid with the help of dialyzer membrane and the purified blood is returned into the body. Peritoneal dialysis involves purification of the blood by using the patient's own peritoneum as a dialysis membrane. Patients with chronic kidney diseases are generally kept on dialysis and normal kidney function can only be achieved through kidney transplantation.
Hemodialysis and Peritoneal Dialysis Market Drivers
Global hemodialysis and peritoneal dialysis market growth is expected to be driver by innovative product launches by leading manufacturers, mergers and acquisitions, and initiatives by manufacturers to sustain and compete in global hemodialysis and peritoneal dialysis market. For instance, leading manufacturers such as Fresenius Medical Care AG & Co. KGaA are focusing on product launches as well as merger and acquisitions. Fresenius Medical Care supported the recommendation by the National Institute for Health and Care Excellence (NICE) to facilitate population healthcare management for UK patients with end-stage renal disease by using hemodiafiltration (HDF) rather than high-flux hemodialysis (HD) in October 2018. This is expected to boost global hemodialysis and peritoneal dialysis market growth over the forecast period.
Moreover, Fresenius Medical Care and Humacyte, Inc. entered into a strategic partnership in November 2018. Humacyte has developed HUMACYL, which is currently being investigated for vascular access for hemodialysis. Moreover, in April 2018, Fresenius Medical Care won the Red Dot Award: Product Design for the company’s 6008 CAREset bloodline system used in hemodialysis. Furthermore, Fresenius Medical Care signed an agreement to acquire NxStage Medical, Inc., (NxStage), a U.S.-based medical technology and Services Company in 2017. B. Braun Medical, Inc. signed an agreement to acquire the bloodlines business operated under the Medisystems name by NxStage Medical, Inc. In 2017 NxStage Medical, Inc. announced that the U.S. Food and Drug Administration (FDA) cleared its System One for solo home hemodialysis. These factors are expected to support global hemodialysis and peritoneal dialysis market growth over the forecast period.
Stringent regulatory policies for the approval and manufacturing, reimbursement, and risks and complications associated with dialysis treatment are expected to restrain global hemodialysis and peritoneal dialysis market growth over the forecast period.
Hemodialysis and Peritoneal Dialysis Market Regional Analysis
North America hemodialysis and peritoneal dialysis market is expected to hold dominant position in the global market over the forecast period. Presence of leading manufacturers as well as increasing number of dialysis procedures is expected to support global hemodialysis and peritoneal dialysis market growth. According to National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), over 661,000 people in the U.S. had kidney failure and of these, 468,000 individuals were on dialysis, 2017. These factors have supported the North America hemodialysis and peritoneal dialysis market growth.
Hemodialysis and Peritoneal Dialysis Market Key Players
Key players operating in the global hemodialysis and peritoneal dialysis 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., Asahi Kasei Corporation, and NxStage Medical, Inc.
Hemodialysis and Peritoneal Dialysis Market Taxonomy:
The global hemodialysis and peritoneal dialysis market is segmented on the basis of product type, application, end user, and region
By Product Type:
By End User:
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.