Market Analysis
The
artificial kidneys are used in cases of chronic kidney disorders and during the
absence of kidney donors. Artificial kidneys help assist with dialysis
procedure anywhere and anytime. The increasing kidney-related diseases have boosted
the market growth and are expected to show a growth rate above 90 % growth rate
during the survey period. The primary function of the artificial kidney is to
replicate the role of the kidney and to decrease the need for analysis.
Patients with acute kidney disorders use this equipment for blood purification
like real kidneys.
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Various
factors are adding to the artificial kidney market growth. These factors, as
per the new MRFR report, include growing geriatric population, increasing life
expectancy, increasing disposable income, and developments in science and
technology. Additional factors adding market growth include awareness
campaigns, increasing cases of kidney diseases among Americans owing to surging
rates of high blood pressure and diabetes, changing lifestyle, increasing
awareness about renal failure diseases, low availability of kidney donors, and
increasing R&D for improved dialysis process.
On
the contrary, engineering issues related to devices and problem with the artificial kidney
Market Trends are factors that may limit the artificial kidney market
growth over the forecast period.
Market Segmentation
Segments of the Artificial Kidney global market
The
global artificial kidney market is segmented into three parts:
Types: There are two types of artificial
kidneys, namely Wearable Artificial Kidney and Implantable Artificial Kidney.
Dialysis based: Haemodialysis and
peritoneal dialysis procedures are there.
End-User: Hospitals and clinics are the major
end-users of this market.
Regional Analysis
Based
on region, the global artificial kidney market report covers the growth
opportunities and recent trends across Europe, the Americas, the Asia Pacific
(APAC), Latin America, and the Middle East and Africa (MEA). Of these, the
Americas will command the largest share in the market over the forecast period.
Factors propelling the global artificial kidney market in the region include
increasing prevalence of chronic kidney diseases, increasing R&D by public
and private organizations, and the presence of key players.
The
global artificial kidney market in Europe is predicted to hold the
second-largest share over the forecast period for the growing geriatric
population and increasing technological advances in technology and
medicine.
The
global artificial kidney market in the Asia Pacific region is predicted to grow
at a fast pace over the forecast period. Factors propelling the global
artificial kidney market in the region include increasing prevalence of kidney
diseases, increasing opportunities for key players for investing in the region,
rising investments by government bodies, rising disposable income, and
increasing prevalence of renal failure.
The
global artificial kidney market in the Middle East and Africa is predicted to
have the lowest share over the forecast period for increasing awareness among
patients regarding the different benefits of artificial kidney coupled with
untapped markets.
Key Players
Eminent
players profiled in the global artificial kidney market report include Asahi
Kasei Medical Vo., Ltd, Triomed AB. (Sweden), AWAK Technologies Pte.Ltd
(Singapore), Blood Purification Technologies Inc., and Kawasumi Laboratories,
Inc (Japan). Industry players have used strategies such as mergers and
acquisitions, new product launch, joint ventures, contracts, extensive R&D,
partnerships, strategic alliances, collaborations, and others to create a niche
in the market as well as cater to the burgeoning needs of the customers.
Browse
Complete Report With Toc @ https://www.marketresearchfuture.com/reports/artificial-kidney-market-8747
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