Peritoneal dialysis equipment market to reach $4.09b by 2031

Thanks to its growing adoption in developing regions.

The global peritoneal dialysis (PD) equipment market is expected to reach $4.09b by 2031 at a compound annual growth rate of 6.6%, according to a Business Market Insights report.

The sector’s expansion is attributed to a growing adoption in developing regions, along with increasing government initiatives.

“A major component of this will be 'PD-first' or 'PD-favoured' policies that will dictate that PD should be the first and preferred treatment modality for clinically appropriate patients,” the report said.

In addition, the rising demand for home-based dialysis and the lower cost than in-centre hemodialysis are further driving market growth.