Pharma and Healthcare Peritoneal Dialysis Market By Reports and Data | Page 3

Further key findings from the report suggest
• Peritoneal dialysis is the cleansing of blood along with the elimination of extra fluids by using the
peritoneal membrane, the body’s natural filter.
• Hemodialysis is a method of pumping out the blood to an artificial kidney system and is returned
to the body by the help of tubing accessories.
• Peritoneal membrane is the lining that circles the abdominal cavity including stomach, spleen,
liver, and intestines.
• CAPD type segment is expected to grow at a rate of 5.4% during the forecast period, due to
portability, low cost, and freedom from machines.
• Growing population, increasing rates of chronic diseases, and rising healthcare expenditure are
the fundamental factors which are boosting the growth of the market across the globe.
• A growing aging population that needs long term care requirements, raising awareness about
hospital-acquired infections and growing usage of technologies among patients are few factors
that are expected to expand usage rates.
• Hospital based dialysis segment accounts for a market share of 31.2% in 2018.
• Innovative product development and collaborative developments are some critical strategic
initiatives taken by the players in this industry to point their mark in the competition.
• The presence of unique diagnostic and therapeutic medical technologies that enable quick and
accurate diagnosis is the primary factor for the growth of this segment.
• The advantages of peritoneal dialysis include no use of needles, minimum clinic visits, and
continuous therapy supplies similar to the natural functioning of the kidney.