Emerging markets is prompting the growth of the global peritoneal dialysis market: Technavio Report

Renewable energy

 

London, 11 May 2015: Technavio, the independent tech-focused global research firm, has published a report on the global peritoneal dialysis market 2015-2019, which is expected to grow at a CAGR of 4.40 % during the forecast period of 2014-2019.

“The changing lifestyle of people and improvements in healthcare infrastructures and treatment options have resulted in a rise in life expectancy, thus leading to an increase in the aging population. The increase in the aging population has a positive influence on the growth of the market during the forecast period.”

“Emerging countries like 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,” says Faisal Ghaus, Vice President of Technavio.

“The increased competition among vendors ensures the availability of the most efficient treatment at reasonable costs.”

Key Market Drivers

  • Increase in Aging Population
  • Increase in ESRD Patient Population
  • Advances in Technology
  • Low Price

Key Market Trends

  • Emerging Markets
  • Increase in Number of Dialysis Centers
  • Home PD Treatment

Key Market Vendors

  • Baxter International Inc.
  • B. Braun Melsungen AG
  • DaVita HealthCare Partners Inc.
  • Fresenius Medical Care

To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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