Technavio, a tech-focused market research firm, has published a new report on the global PD market, which is expected to experience a steady growth rate with a CAGR of more than 5% during the forecast period 2016-2020.
This latest report by Technavio covers the market outlook and growth prospects of the global PD market for 2016-2020, considering 2015 as the base year. In addition, an overview of the market, key leading countries, vendor landscape, and a detailed analysis of the top vendors operating in this market are covered in the report.
Based on geographical division, Technavio market researchers segment the global PD market into the following key regions: The Americas, APAC, and EMEA.
Geographical segmentation of the global PD market for 2015 (market share %)
|
Americas |
48.40% |
|
EMEA |
31.00% |
|
APAC |
20.60% |
Source: Technavio
PD market in the Americas
The Americas accounted for around 48% share in the global peritoneal dialysis market and is expected to grow at a rapid pace during the forecast period due to an increase in the aging population. The presence of major vendors and their various distribution networks in the US also augments the growth prospects for the peritoneal dialysis market in the Americas. Countries such as Brazil, the US, and Canada opt for peritoneal dialysis owing to the easy availability of private reimbursements, which has further contributed to the growth of the market in these countries.
According to Srinivas Sashidhar, a senior analyst at Technavio, specializing in research on orthopedics and general medical devices, “Advances in technology and product design, and the availability of reimbursements have supported the growth of the market in the Americas. Treatments like Home hemodialysis treatment is gaining popularity because of the healthcare reforms in the US that have led to higher healthcare costs. Further, the guidelines from the American Urology Association and the augmented prevalence of ESRD has also fueled the market growth in the Americas.”
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PD market in EMEA
The rising burden of renal related disorders is projected to propel growth in the global peritoneal dialysis market in EMEA. Countries of Western Europe such as the UK and Germany are the major contributors to the market in the region. The prevalence of ESRD along with the guidelines from the European Urology Association have fueled the growth of the peritoneal dialysis market in EMEA. Major vendors are strengthening their distribution channel networks and sales force. The factors such as changing lifestyle, aging population, and eating habits have led to the rise in the incidences of diseases, thereby boosting growth in the peritoneal dialysis market in the region.
PD market in APAC
The peritoneal dialysis market in APAC is expected to benefit from the growing incidences of ESRD. The rising older population and improvements in healthcare infrastructures are the key factors responsible for growth in the APAC region. Japan is the biggest market of the region with different dialysis treatment options. Developing countries such as India and China will experience the highest growth rate during the forecast period due to the growing awareness levels of PD and its convenience of treating ESRD at home. These emerging countries are predicted to be the dominant markets even during the forecast period because of the presence of huge target population and the government’s initiatives to boost the healthcare base.
The top leading vendors operating in the global PD market are:
- Baxter
- B. Braun Melsungen
- DaVita Healthcare Partners
- Fresenius Medical Care
Other prominent vendors in the market include Dialysis Clinic, Diaverum, Diversified Specialty Institute Holdings, Huaren Pharmaceutical, Medical Components, Medtronic, Merit Medical Systems, NephroPlus, Nikkiso, Nipro, Northwest Kidney Centers, NxStage Medical, Outset Medical, Renal Services, Sandor, Satellite Healthcare, Sichuan Kelun Pharmaceutical, and U.S. Renal Care.
A more detailed analysis is available in the Technavio report titled, ‘Global PD Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
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