Market Highlights
According to MRFR analysis, the Artificial Kidney Market is expected to register a CAGR of 95.54% during the forecast period of 2019 to 2025 and expected to reach USD 2,795.01 Million by 2025.
The global artificial kidney market is expected to grow at a rapid pace. The increasing research and development for enhancement of the dialysis process, rise in cases of chronic kidney diseases, and low availability of kidney donors are some of the factors influencing the growth of the market. However, issues with the size of artificial kidney and engineering problems associated with the devices are expected to hamper the growth of the market.
The rise in awareness about renal failure diseases and changing lifestyle is expected to drive the market growth. One in three Americans is at risk for developing kidney disease due to rapidly rising rates of diabetes and high blood pressure. Moreover, the National Institutes of Health (NIH), declared March as National Kidney Month to raise awareness about chronic kidney diseases. The rise in awareness about chronic kidney diseases through campaign launches to opt for ambulatory dialysis will further increase the demand for the artificial kidney.
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Regional Analysis
On a regional basis, the market has been segmented into four major regions, including the Americas, Europe, Asia-Pacific, and Middle East & Africa.
Americas are anticipated to dominate the global artificial kidney market owing to the presence of major players, rising research & development by private & public organizations, and rise in the number of cases of chronic kidney diseases. Europe is expected to account for the second-largest market in the global artificial kidney market owing to the rise in technological advancement in the field of medicine & technology and the growing geriatric population. Furthermore, Asia-Pacific expected to be the fastest-growing segment owing to a rise in the prevalence of renal failure cases, a rise in disposable income, increasing investment by government bodies, and rising opportunities for major players to invest in the region. The Middle East & Africa accounted for the least market share. However, untapped markets and a rise in awareness among patients about the advantages of artificial kidney would provide growth opportunities in the coming years.
Segmentation
The Global Artificial Kidney Market has been segmented into Type and Dialysis.
By type, the market has been segmented into the wearable artificial kidney and implantable artificial kidney. The wearable artificial kidney is expected to hold the largest market share owing to the increasing number of patients suffering from renal failure and the technical advantages of artificial organs.
On the basis of dialysis, the global artificial kidney market is bifurcated into hemodialysis, peritoneal dialysis, and combination. The hemodialysis segment accounted for the largest market share owing to the rise in the number of hemodialysis procedures.
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Key Players
Some of the key players in the global artificial kidney market are Kawasumi Laboratories, Inc. (Japan), Blood Purification Technologies Inc., AWAK Technologies Pte.Ltd.(Singapore), Triomed AB. (Sweden), Asahi Kasei Medical Vo., Ltd, and others.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
According to MRFR analysis, the Artificial Kidney Market is expected to register a CAGR of 95.54% during the forecast period of 2019 to 2025 and expected to reach USD 2,795.01 Million by 2025.
The global artificial kidney market is expected to grow at a rapid pace. The increasing research and development for enhancement of the dialysis process, rise in cases of chronic kidney diseases, and low availability of kidney donors are some of the factors influencing the growth of the market. However, issues with the size of artificial kidney and engineering problems associated with the devices are expected to hamper the growth of the market.
The rise in awareness about renal failure diseases and changing lifestyle is expected to drive the market growth. One in three Americans is at risk for developing kidney disease due to rapidly rising rates of diabetes and high blood pressure. Moreover, the National Institutes of Health (NIH), declared March as National Kidney Month to raise awareness about chronic kidney diseases. The rise in awareness about chronic kidney diseases through campaign launches to opt for ambulatory dialysis will further increase the demand for the artificial kidney.
Artificial Neural Network Market Related Sample PDF Available @ https://www.marketresearchfuture.com/sample_request/6287
Regional Analysis
On a regional basis, the market has been segmented into four major regions, including the Americas, Europe, Asia-Pacific, and Middle East & Africa.
Americas are anticipated to dominate the global artificial kidney market owing to the presence of major players, rising research & development by private & public organizations, and rise in the number of cases of chronic kidney diseases. Europe is expected to account for the second-largest market in the global artificial kidney market owing to the rise in technological advancement in the field of medicine & technology and the growing geriatric population. Furthermore, Asia-Pacific expected to be the fastest-growing segment owing to a rise in the prevalence of renal failure cases, a rise in disposable income, increasing investment by government bodies, and rising opportunities for major players to invest in the region. The Middle East & Africa accounted for the least market share. However, untapped markets and a rise in awareness among patients about the advantages of artificial kidney would provide growth opportunities in the coming years.
Segmentation
The Global Artificial Kidney Market has been segmented into Type and Dialysis.
By type, the market has been segmented into the wearable artificial kidney and implantable artificial kidney. The wearable artificial kidney is expected to hold the largest market share owing to the increasing number of patients suffering from renal failure and the technical advantages of artificial organs.
On the basis of dialysis, the global artificial kidney market is bifurcated into hemodialysis, peritoneal dialysis, and combination. The hemodialysis segment accounted for the largest market share owing to the rise in the number of hemodialysis procedures.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/artificial-kidney-market-8747
Key Players
Some of the key players in the global artificial kidney market are Kawasumi Laboratories, Inc. (Japan), Blood Purification Technologies Inc., AWAK Technologies Pte.Ltd.(Singapore), Triomed AB. (Sweden), Asahi Kasei Medical Vo., Ltd, and others.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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