The hemodialysis and peritoneal dialysis market in Europe is expected to grow from US$ 25,140.48 million in 2022 to US$ 36,242.91 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.
The rising prevalence of diabetes is a significant driver for the Europe hemodialysis and peritoneal dialysis market. Diabetes, characterized by elevated blood glucose (blood sugar) levels, can lead to various health complications over time, including damage to the body's small blood vessels.
When the blood vessels in the kidneys are affected by diabetes, their ability to filter blood properly is impaired. This leads to the body retaining excess water and salt, manifesting as weight gain and swollen ankles. Furthermore, waste products accumulate in the blood, posing a serious health risk. Diabetes can also damage nerves, potentially causing bladder emptying difficulties. The resulting pressure from a full bladder can back up and further injure the kidneys.
Studies indicate a strong link between diabetes and kidney failure. Approximately 30% of patients with Type 1 diabetes (juvenile-onset) and 10–40% of those with Type 2 diabetes (adult-onset) will eventually experience kidney failure. This direct correlation means that as diabetes prevalence increases, so does the demand for dialysis treatments, which are crucial for patient survival in such cases. This growing need is directly fueling the expansion of the Europe Hemodialysis and Peritoneal Dialysis Market.
Beyond the impact of diabetes, the market is also being propelled by continuous advancements in new features and technologies within dialysis. These innovations allow vendors to attract new customers and extend their reach into emerging markets across Europe. The combination of increasing diabetes rates and technological progress is expected to drive the Europe hemodialysis and peritoneal dialysis market to exhibit a good compound annual growth rate (CAGR) during the forecast period.
Europe Hemodialysis and Peritoneal Dialysis Market Segmentation
The Europe Hemodialysis and Peritoneal Dialysis Market is broken down into several key segments:
Europe Hemodialysis and Peritoneal Dialysis Market By Type:
- Hemodialysis: Expected to hold a larger market share in 2022.
- Peritoneal Dialysis
Europe Hemodialysis and Peritoneal Dialysis Market By Product:
- Services: Likely to hold the largest market share in 2022.
- Devices
- Consumables
Europe Hemodialysis and Peritoneal Dialysis Market By End User:
- Hospital-based: Expected to account for a larger share in 2022.
- Home-based
Europe Hemodialysis and Peritoneal Dialysis Market By Country:
- Germany: Anticipated to hold the largest market share in 2022.
- France
- Italy
- Spain
- UK
- Rest of Europe
Leading Companies Operating in the Europe Hemodialysis and Peritoneal Dialysis Market:
- Asahi Kasei Medical Co., Ltd.
- B. Braun Melsungen AG
- Baxter International Inc.
- DaVita Inc.
- Dialife SA
- Diaverum
- Fresenius Medical Care AG & Co KGaA
- Nipro Medical Corporation
Europe Hemodialysis and Peritoneal Dialysis Market Strategic Insights
Strategic insights for the Europe Hemodialysis and Peritoneal Dialysis provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Hemodialysis and Peritoneal Dialysis Market Regional Insights
The geographic scope of the Europe Hemodialysis and Peritoneal Dialysis refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
