Hemodialysis and peritoneal dialysis market to grow at 6% CAGR until 2035
The APAC region accounted for over 35% of market shares in 2022.
The hemodialysis and peritoneal dialysis market is forecasted to grow from $18.4b to over $37.3b by 2035 at a compound annual growth rate (CAGR) of around 6%.
The report by Market Research 365 revealed that the market’s growth was primarily driven by the increasing prevalence of kidney diseases, particularly end-stage renal disease (ESRD) and chronic kidney conditions.
Moreover, technological advancements and a rising ageing population have contributed to the market’s growth.
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However, the market is challenged by factors such as high treatment costs, the risk of infections associated with peritoneal dialysis, and a need for consistent dialysis monitoring.
“Addressing these limitations and ensuring equal access to quality dialysis treatments are essential for sustained market growth,” Market Research 365 said.
Meanwhile, the Asia-Pacific (APAC) region held more than 35% of market shares in the hemodialysis and peritoneal dialysis market in 2022.
The report mentioned that a substantial population, including a significant elderly demographic, fueled the region’s demand for dialysis treatment.