Peritoneal Dialysis Market

Baxter International Inc. (US) and Fresenius Medical Care AG (Germany) are Leading Players in the Peritoneal Dialysis Market

The peritoneal dialysis market is projected to reach USD 12.70 Billion by 2029 from USD 9.58 Billion in 2024 at a CAGR of 5.8% during the forecast period. Increasing prevalence of CKD, primarily due to diabetes and hypertension, has increased the patient population requiring dialysis. There is an increasing demand for peritoneal dialysis. Diabetes and hypertension are some of the top causes of CKD. They are responsible for over two-thirds of all cases worldwide. The increasing rates of these diseases are due to changing lifestyles, the aging population, and increased rates of obesity. Consequently, more patients are diagnosed with CKD, followed by advancement into ESRD. It is from this stage that PD becomes a very viable form of dialysis treatment for patients; the process does not require conventional clinical attendance in the way of patients diagnosed to undergo hemodialysis. Presently, PD is rapidly catching the enthusiasm because it has flexibility and is cost-effective and gives patients a better quality of life, as the procedure can now be done at home and more mobility is possible. Moreover, with the arrival of new technologies in PD, including those automated PD systems and catheters, the practice is getting even more accessible, making it even more efficient, and still supports growth. Such an increase in demand for PD is facilitated by government health programs and reimbursement policies, with the ultimate aim to make dialysis accessible and affordable for the increasing population of CKD patients. One of the major complications of PD is peritonitis, an infection of the peritoneum, which discourages patient uptake and adherence.. This may restrain market growth.

In this report, the peritoneal dialysis market has been segmented on the basis of offering, modality, disease indication, end user and region.

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Prominent players in this market include Baxter International Inc. (US), Fresenius Medical Care AG (Germany), Medtronic plc (Ireland), Davita Inc. (US), Becton, Dickinson and Company (US), Utah Medical Products, Inc. (US), Terumo Corporation (Japan), Diaverum AB (Sweden), Medionics (Canada), Newsol Technologies (Canada), Apollo Dialysis Pvt Ltd (India), U.S. Renal Care, Inc. (US), Northwest Kidney Centers (US), Relavo (US), Mitra Industries Pvt Ltd (India), JMS Co., Ltd. (Japan), AMECATH (Egypt), Polymedicure (India), Huaren Pharmaceutical (China), AWAK Technologies (Singapore), Innovative Renal Care (US), Romsons (India), SSEM Mthembu Medical (Pty) Ltd (South Africa),  Renax Biomedical Technology Co., Ltd (China), and Advin Health Care (India).

Baxter International Inc. (US)

Baxter has developed a strong brand as well as from highly clinically superior products, such as IV therapies and infusion pump solutions. R&D facilities for the group exist in Belgium, Sweden, India, Italy, Germany, China, Japan, and the US. In 2023, its kidney care division registered net sales in the amount of USD 4.453 million, and its contribution to the total revenue was 30.1%. In 2022, Baxter started strategic review to improve stockholder value by offering selling and carve-out opportunities. In January 2023, the company announced some key strategic steps; one of them was to spin out Kidney Care as an independent, standalone, and publicly traded kidney care company named Vantive. Baxter also agreed to simplify the company, adjust its supply chain to operate more efficiently, and consider alternatives for its BPS business. In August 2024, Carlyle agreed with the takeover of its Kidney Care segment by Baxter; that marked the end of creating Vantive. With these alterations, Baxter is focusing toward hospital solutions and connected care and is trying to make the business model streamlined through an aligned strategy that positions toward innovation and ultimately delivers value to the stakeholders.

Fresenius Medical Care AG (Germany)

Fresenius Medical Care is one of the largest peritoneal dialysis players in the world. The company differs according to its comprehensive portfolio of dialysis products, remarkable R&D, and presence around the globe. The company operates through 42 facilities in Asia Pacific, North America, Europe, Latin America, and Africa, keeping a focus on partnership and agreement to seek further opportunity. Fresenius puts emphasis on the advanced dialysis products of renal therapies in developing the treatments for kidney disease. This further reinforces its market position. It focuses on purchases and acquisitions as well, as in the case of acquiring InterWell Health in 2022, which guides the drive towards innovation. The company operated 4,116 dialysis clinics at year-end 2022. Fifteen percent of U.S. patients are being treated in a home setting, increasing to 25% by 2025. Fresenius invests its R&D in innovative products, regenerative medicines, and the use of digital technologies such as data analytics and remote monitoring to optimize dialysis care.

Medtronic plc (Ireland)

Medtronic Plc has some of the world's fastest-moving markets with a requirement for constant innovation in order to stay at the top. This brings about the focus of its R&D on advancing technology, improving existing products and developing less invasive solutions for emerging markets. The company participates in hundreds of clinical trials per year in order to meet the demand for clinical and economic evidence with a view to reducing costs for patients and their hospital stays. The company focuses on developing new therapies, extending the use of existing products, and co-operation with third parties to take advantage of innovation and improve the lives of patients. For instance, Medtronic in partnership with Davita launched Mozarc Medical an independent firm that would revolutionize kidney health through patient-centered technology solutions in April 2023.

Related Reports:

Peritoneal Dialysis Market by Offering (Peritoneal Dialysis Solution Bags, Machines), Modality (Continuous Ambulatory Peritoneal Dialysis Center(CAPD)), Disease Indication (End-Stage Renal Disease), End User (Hospitals) - Global Forecast to 2029

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Peritoneal Dialysis Market Size,  Share & Growth Report
Report Code
MD 9149
RI Published ON
10/4/2024
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