London, United Kingdom (PressExposure) December 16, 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 â 2015 the PD market is expected to grow with a CAGR of 7% to reach $2.9 billion in 2015.
Over 15% of the worldâs 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:
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