Hemodialysis and Peritoneal Dialysis Market Trends

Growth Drivers

• Growing Geriatric Population - The elderly population is one of the most vulnerable patient groups for whom hemodialysis and peritoneal dialysis would be required. Thus, the rising geriatric population in the world is considered to be a primary factor for market growth. According to the United Nations Department of Economic and Social Affairs, the World Population Ageing 2020 report, in the year 2020, people aged 65 years or above were estimated to 727 million worldwide.

• Rising Prevalence of Diabetes – Diabetes causes damage to many organs in your body, including your eyes, nerves, kidneys, heart, and blood vessels. The rising number of adults living with CKD and diabetes is expected to escalate the demand for hemodialysis and peritoneal dialysis in the forecast period. For instance, in the year 2021, more than 530 million adults were suffering from diabetes globally which is forecasted to increase to 640 million by 2030.
• Increasing Concern for the Rising Incidence of Hypertension – With the surge in the number of adults living with high blood pressure there is an upward shift in chronic kidney disease, as hypertension is the leading cause of chronic CKD. Thus, the rising cases of hypertension in the population are expected to bring lucrative growth market opportunities. The number of people with CKD whose blood pressure was <130/80 mmHg grew from more than 41% in 2003-2006 to 45.5% in 2015-2018. Also, it was found that, in the year 2020, in the United States, hypertension as a primary or contributing cause was responsible for over 670,000 deaths.
• Upsurge in the Rate of Obesity – Obesity leading to chronic conditions including damage to the kidney's filtering units in many adults is expected to increase the need for hemodialysis and peritoneal dialysis in the forecasted period. According to research, there were 42% of adults in the United States were obese in 2020, up 26% from 2008.

Challenges

• Possibilities of Exposure to Infections – The process of hemodialysis and peritoneal dialysis is associated with several infections. Thus, the fear of catching infections is anticipated to push the population farther away from getting done the procedure.

• Stringent Regulatory Policies Required for the Manufacturing of Dialysis Products

• Concern for Bladder Spasms and Stomach Cramps Associated with Long Term Use of Catheter