The South Africa Hemodialysis & Peritoneal Dialysis Market size is anticipated to reach USD 847.2 million by 2025, according to a new report by Grand View Research, Inc. Rising incidence of end-stage renal disease (ESRD) is likely to drive the market to register a 7.1% CAGR during the forecast period.
Sedentary lifestyle, lack of exercise, alcohol
consumption, and an increase in the incidence of diabetes and high blood
pressure are driving the occurrence of ESRD, which is expected to support
market growth. According to data by the Clinical Kidney Journal, the prevalence
of chronic kidney disease in Africa was about 13.9% in 2016. An article
published in the NCBI finds that the most common cause of ESRD is an increase
in the prevalence of obesity and diabetes.
Dialysis and transplantation are two options available to
patients suffering from severe kidney damage or kidney failure. The low
availability of kidney donors is propelling the demand for dialysis. According
to statistics provided by eNews Channel Africa, in 2016, about 2,096 patients
were awaiting kidney transplants at Gauteng, a northern province of South
Africa. This scenario is expected to remain unchanged over the forecast period,
thereby acting as a major driver for the hemodialysis and peritoneal dialysis
market.
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Market Report
South Africa Hemodialysis & Peritoneal Dialysis
Market Report Highlights
- Hemodialysis has been identified as the largest segment by type as
the duration of treatment is shorter than that of peritoneal dialysis
- By product, the services segment accounted for the largest share
owing to the introduction of new dialysis centers, treatment options, and
software
- On the basis of end use, the home-based segment is poised to
exhibit the fastest growth rate thanks to advantages of convenience,
cost-effectiveness, and time flexibility offered by home-based dialysis
- Various industry participants offer a wide portfolio of products
for dialysis. Key players include Fresenius Medical Care AG & Co.
KGaA; B.Braun Avitum AG; NIPRO Medical Corporation; DaVita, Inc.; and
Baxter
- Strategic initiatives such as mergers and acquisitions are
anticipated to help market players in expanding their presence and staying
competitive in the industry
- In August 2017, Fresenius Medical Care signed an agreement to
acquire NxStage Medical, Inc. The acquisition was aimed at expanding the
product portfolio of the former, along with its client base and geographic
foothold.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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