Renal Dialysis Services - Global Opportunity Assessment, Competitive Landscape

Nov. 17, 2011 - PRLog -- The global Renal Dialysis Services (RDS) market, valued at approximately $57 billion in 2010, is expected to grow at a modest Compounded Annual Growth Rate (CAGR) of 4% to reach about $75 billion by 2017.
While Hemodialysis (HD) service revenues are expected to grow on par with the overall market, Peritoneal Dialysis (PD) services will grow at a higher CAGR of 6%. A steady rise in the number of patients on dialysis and the growing penetration of dialysis services in the developing countries of the Asia-Pacific and Latin America will continue to increase the growth of this market. On the other hand, efforts by governments and public healthcare systems to increase the mix of lower cost treatment modalities and intensify their reimbursement criteria will offset the overall market growth in the long term.Ongoing trends also signify the need for the alignment of global efforts towards the development of better practices in dialysis treatment patterns. This is expected to boost the clinical outcomes of dialysis and enable existing and prospective patients to have an improved quality of life.

A steadily growing dialysis patient population, growth prospects in emerging economies of Asia-Pacific and Latin America and changing reimbursement scenarios will influence the growth of the RDS market over the next seven years. The global dialysis patient population has grown from about 1.3 million patients in 2003 to more than two million patients in 2010. Rapidly aging global population and the rising occurrence of major risk factors such as diabetes and hypertension have pushed up the incidence rates of renal failure. Since Chronic Kidney Failure (CKF) tends to be asymptomatic, and as there is little or no awareness of disease progression prevention methods, global prevalence of End Stage Renal Disease (ESRD) patients on dialysis is expected to grow at a CAGR of 6% to exceed three million by 2017.

Developing economies in the Asia-Pacific and the Latin America region have historically exhibited higher growth rates in the dialysis services market than the global average. This trend is expected to continue in the forecast period. During this period, the dialysis population is expected to rise by approximately 7% and 10% in Latin America and Asia-Pacific respectively. Rising per capita incomes, improving insurance coverage, proliferation of dialysis centers, better access to dialysis care and the focus of multi-national private dialysis providers will increase the number of dialysis treatments in these regions.

For Sample Pages, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/RequestSamplePages....

GlobalData’s new report, “Renal Dialysis Services - Global Opportunity Assessment, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global renal dialysis services market. The report provides market landscape, competitive landscape and market trends information on the renal dialysis services market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Dial...

Visit our report store: http://www.globaldata.com/reportstore

For more details contact:
pressreleases@globaldata.com
           
North America:    +1 646 395 5477
Europe:        +44 207 753 4299
           +44 1204 543 533
Asia Pacific:       +91 40 6616 6782

# # #

GlobalData is a global market intelligence services company providing information research and analysis products and services.