The hemodialysis and peritoneal dialysis market in South America is expected to grow from US$ 8,059.69 million in 2022 to US$ 11,772.43 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2022 to 2028.
The increasing prevalence of chronic kidney disease (CKD) that demands promising diagnostic test options is among the factors contributing to the growth of the hemodialysis and peritoneal dialysis market in this region. The annual incidence of ESKDis 160 patients per million population, with hypertension and diabetes the most common causes/etiologies. For instance, ~29,929 patients with ESKD were on chronic dialysis, representing a prevalence rate of 673 patients per million population by the end of 2018; ~93.5% were on in-center/hospital hemodialysis and 6.5% on peritoneal dialysis. According to the American Society of Nephrology report, Argentina comprises dialysis units in hospitals and private settings. For instance, there are a total number of 597 dialysis centers in the country; 68% of these centers are government-owned, 63% are independent dialysis centers, and 26% are owned by foreign dialysis companies. Moreover, dialysis centers are covered by the patient's union health system or health insurance; however, the government is payable to such dialysis centers if the patient does not carry union or health insurance. The South & Central Americahemodialysis and peritoneal dialysis market is segmented into Argentina, Brazil, and the Rest of South & Central America. The Rest of South & Central America comprises Chile, Colombia, Peru, and Ecuador. According to the National Institute of Health report, adults in need of RRT receive kidney transplantation, hemodialysis, or peritoneal dialysis in Chile. For instance, 95% of Chilean patients in need of RRT are currently treated with hemodialysis and 4.5% with peritoneal dialysis, with only a few patients receiving a transplant. In 2008, Ecuador's government recognized CKD as a catastrophic illness and, from 2012, committed to guaranteeing medical attention to CKD patients, including dialysis procedures in ESKD cases. Such factors positively influence conducting hemodialysis and peritoneal dialysis procedures in Ecuador, thus driving the market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America hemodialysis and peritoneal dialysis market. The South America hemodialysis and peritoneal dialysis market is expected to grow at a good CAGR during the forecast period.
Strategic insights for the South America 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. The geographic scope of the South America 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.South America Hemodialysis and Peritoneal Dialysis Strategic Insights
South America Hemodialysis and Peritoneal Dialysis Report Scope
Report Attribute
Details
Market size in 2022
US$ 8,059.69 Million
Market Size by 2028
US$ 11,772.43 Million
Global CAGR (2022 - 2028)
6.5%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
By Product
By End User
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South America Hemodialysis and Peritoneal Dialysis Regional Insights
The South America hemodialysis and peritoneal dialysis market is segmented into type, product, end user, and country. Based on type, the market is bifurcated into hemodialysis and peritoneal dialysis. In 2022, the hemodialysis segment is expected to hold a larger market share. Based on product, the hemodialysis and peritoneal dialysis market is segmented into devices, consumables, and services. The services segment is likely to hold the largest market share in 2022. Based on end user, the market is segmented into hospital-based and home-based. The hospital-based segment is expected to account for a larger share in 2022. Based on country, the South America hemodialysis and peritoneal dialysis market is segmented into Brazil, Argentina, and the Rest of South America. The Rest of South America is expected to hold the largest market share in 2022.
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The South America Hemodialysis and Peritoneal Dialysis Market is valued at US$ 8,059.69 Million in 2022, it is projected to reach US$ 11,772.43 Million by 2028.
As per our report South America Hemodialysis and Peritoneal Dialysis Market, the market size is valued at US$ 8,059.69 Million in 2022, projecting it to reach US$ 11,772.43 Million by 2028. This translates to a CAGR of approximately 6.5% during the forecast period.
The South America Hemodialysis and Peritoneal Dialysis Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Hemodialysis and Peritoneal Dialysis Market report:
The South America Hemodialysis and Peritoneal Dialysis Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Hemodialysis and Peritoneal Dialysis Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Hemodialysis and Peritoneal Dialysis Market value chain can benefit from the information contained in a comprehensive market report.