MARKET OVERVIEW
The artificial kidney market refers to the development and sale of devices and technologies designed to mimic the functions of a healthy human kidney. These devices are used to treat end-stage renal disease (ESRD) patients who require dialysis to remove waste products from their blood. The artificial kidney market is growing due to the increasing prevalence of ESRD, technological advancements, and increasing demand for minimally invasive treatment options.
MARKET DYNAMICS
The artificial kidney market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of science & technology, growing disposable income, increasing life expectancy, and growing geriatric population. The market is likely to showcase opportunities for the untapped markets and growing awareness among patients.
MARKET SCOPE
The "Global Artificial Kidney Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a focus on the global market trend. The report aims to provide an overview of global artificial kidney market with detailed market segmentation by type, application, end user, and geography. The global artificial kidney market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading artificial kidney market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global artificial kidney market is segmented on the basis of type, application, and end user. Based type, the market is bifurcated into wearable artificial kidney and implantable artificial kidney. On the basis of the application the market is bifurcated into adults and pediatrics. The market on the basis of the end user is segmented into hospitals, clinics, and ambulatory surgical centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global artificial kidney market based on type, application, and end user. It also provides market size and forecast till 2028 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The artificial kidney market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the artificial kidney market in the forecast period owing to the strong research and development activities by research centers in the region for development of artificial kidney. Asia Pacific is expected to be the fastest growing region due to increase in the healthcare expenditure and rise in the prevalence of the kidney disease in the population.
The report analyzes factors affecting artificial kidney market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America after evaluating political, economic, social and technological factors effecting the artificial kidney market in these regions.
MARKET PLAYERS
The report also includes the profiles of key artificial kidney companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the artificial kidney market include, Medtronic, B. Braun Melsungen AG, Nikkiso Co., Ltd., Kawasumi Laboratories, Inc., Fresenius SE & Co. KGaA, Baxter, Asahi Kasei Medical Co., Ltd., DaVita Inc., Merit Medical Systems, and NIPRO Medical Corporation among others.