The Global Peritoneal Dialysis Market to reach $2.9 billion in 2015
Online PR News – 16-December-2009 – – The global Peritoneal Dialysis (PD) market was valued at $1.7 billion in 2008. The easy to use and self administrable nature of the peritoneal dialysis technique will play a pivotal role in driving this market in the future. During 2008 – 2015 the PD market is expected to grow with a CAGR of 7% to reach $2.9 billion in 2015.
Over 15% of the world’s dialysis patients now use peritoneal dialysis which has increased from less than 2% in the early part of the decade.
The market is expected to continue to build on this early growth into the future and it will be further fueled by improvement in the technology and an ever increasing awareness of the procedure. There are now an increasing number of nephrologists and nurses well versed with the peritoneal dialysis technique. This awareness of the advantages of the peritoneal dialysis technique is expected to be translated into an increase in the procedural volumes of the technique over the next few years.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
Access the latest In Nephrology and Urology Devices analysis for free at http://www.researchviews.com
ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts.
All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers.