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The India peritoneal dialysis market size is expected to reach USD 79.0 million by 2026, exhibiting a CAGR of 9.0% during the forecast period. One of the key drivers accelerating the growth of the market is the increasing cases of associated disorders, such as diabetes and hypertension. According to the World Health Organization, the number of people with diabetes has risen from 108 million in 1980 to 422 million in 2014. Furthermore, as per the World Health Organization in 2014, 8.5% of adults aged 18 years and older had diabetes and in 2016, diabetes was the direct cause of 1.6 million deaths.
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As per the report, published by the Fortune Business Insights, titled “India Peritoneal Dialysis Market Size, Share & Industry Analysis, By Type (Continuous Ambulatory Peritoneal Dialysis (CAPD), Automated Peritoneal Dialysis (APD)), By Product (Devices (Cyclers/Machines), PD Solutions/Fluids, PD Sets, Catheters) and Region Forecast, 2019-2026” the market stood at USD 43.1 million in 2018. The report offers dynamic insights on all the prevailing trends and characteristics of the market. It provides an all-encompassing summary and analytical data of all the segments. It is created after extensive research followed by deep analysis to benefit companies, stakeholders, financers and potential investors. It is designed with an aim to provide an authentic picture of the peritoneal dialysis market size in India. In addition, it also includes the latest advances and development, product launches, acquisitions, collaborations & partnerships, and others.
Announcement of the Indian Union Ministry of Health and Family Welfare to Offer Growth Prospects
The increasing government initiatives and guidelines for the adoption of peritoneal dialysis by the Indian health ministry will boost the peritoneal dialysis market trends in India. The better accessibility of peritoneal dialysis in-home settings will further fuel demand among patients in the rural areas who incur additional costs traveling to dialysis centers in far places. Peritoneal dialysis allows greater flexibility and freedom in the treatment schedule.