Hemodialysis and Peritoneal Dialysis Market Regional Analysis:
North American Market Insights
North America region is projected to account for more than 40.8% market share by 2035. Rising disposable income and growing awareness among people are estimated to propel the market growth during the forecast period. Another reason fueling the market's expansion is the aging of the world's population since the prevalence of renal illness rises with advancing age. Moreover, governments are taking steps to increase access to dialysis therapy, including paying for dialysis treatments, funding the advancement of dialysis machinery and technology, and raising awareness of kidney illness in the general population. Increased per capita medical spending is also the highest in the United States, amounting to over USD 12000 per person.
APAC Market Insights
Further, the market in Asia Pacific had consistent expansion over the anticipated period owing to the industry's quick technological advancement and rising governmental and private investment in healthcare facilities. The Pradhan Mantri National Dialysis Program (PMNDP), launched by the Indian government, provides free dialysis services to all patients who fall below the poverty line (BPL) at district hospitals across the nation. Similarly, one of the most popular packages under the Pradhan Mantri Jan Arogya Yojana (PMJAY) is dialysis. Additionally, the Chinese government has implemented several policy changes to expand the range of medical services that are currently covered for people with end-stage kidney disease. As a result, about 20% of all dialysis patients in China now receive peritoneal dialysis, which has seen a significant rise in recent years. Over the course of the projection period, these variables are anticipated to support the market's expansion in the area.
