Market Introduction
Portable dialysis device is used to reduce the disease burden by reducing or complete removal of dietary restrictions. Although dialysis machines are lifesavers, much attention is not paid to them by the medical device industry. Portable dialysis machines are specifically designed for home use or during travelling. Portable dialysis machines can considerably improve the quality of life by allowing patients to have dialysis while going around their daily activities. Wearable dialysis machines, also called a wearable artificial kidney, are disassembled dialysis equipment, separate parts of which are fixed on to a belt which can be worn around the torso.
Market Overview and Dynamics
The Middle East and Africaportable and wearable dialysis devices marketis projectedto reach US$ 202.12 millionby2027 from US$ 152.54 millionin 2019. The market is anticipated to grow with a CAGR of 3.8% from 2020 to 2027.The growth of the Middle East and portable and wearable dialysis devices market is attributed to increasing prevalence of chronic kidney conditions and end stage renal diseases. Further, increasing adoption of wearable dialysis devices and government policies to spread awareness regarding dialysis are also projected to drive the market growth during the forecast period. In addition, growing number of technological advancements in dialysis devices to deal with chronic kidney conditions are also anticipated to accelerate the market growth. The outbreak of the COVID-19 pandemic is estimated to less impact on the portable and wearable dialysis device market during the forecast period. It is likely to owe several growth opportunities for the market in the coming years. However, at present and in the following few years is expected to show a negative impact on market growth.
Key Market Segments
Based on product type, the Middle East and Africa portable and wearable dialysis devices market is segmented into hemodialysis and peritoneal dialysis. In 2019, the hemodialysis product type segment held a larger share of the market. Also, the segment is expected to grow at a faster rate during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred towhile preparing the Middle East and Africaportable and wearable dialysis devices marketreport are World Health Organization, Ministry of Health and Prevention, and Ministry of Health and Family Welfare.
Reasons to buy the report
- To understand the Middle East and Africa portable and wearable dialysis devices marketlandscape and identifymarket segments that are most likely to guarantee a strong return
- To stay ahead incomprehending the ever-changing competitive landscape of theMiddle East and Africa portable and wearable dialysis devices market
- To efficiently plan M&A and partnership dealsin the Middle East and Africa portable and wearable dialysis devices marketby identifying market segments with the most promising probable sales
- To help takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segmentsinthe Middle East and Africa portable and wearable dialysis devices market
- To obtain market revenue forecast from 2019 to 2027 in various segmentsofthe Middle East and Africaportable and wearable dialysis devices market
MIDDLE EAST AND AFRICA PORTABLE AND WEARABLE DIALYSIS DEVICES MARKETSEGMENTATION
By Product Type
- Hemodialysis
- Peritoneal Dialysis
By End User
- Hospital
- Clinic
- Home
By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
Company Profiles
- B. Braun Melsungen AG
- Baxter International Inc.
- Asahi Kasei Corporation
- Fresenius Kabi AG
- Medtronic