Artificial Kidney Market Size, Share , Latest Trends, Key Players And Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Artificial Kidney Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $16.74 billion In 2028 At A CAGR Of 12.4%.

The artificial kidney market size has grown rapidly in recent years. It will grow from $9.22 billion in 2023 to $10.48 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to increased prevalence of chronic kidney diseases (ckd), limited availability of donor organs, advancements in renal replacement therapies, improving quality of life for end-stage renal disease (esrd) patients, increased aging population..

The artificial kidney market size is expected to see rapid growth in the next few years. It will grow to $16.74 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to rising healthcare investments and initiatives, patient preference for home-based therapies, global efforts to reduce dialysis dependency.. Major trends in the forecast period include integration of sensors and monitoring devices, telehealth integration, focus on biocompatibility and immunogenicity, regulatory framework development, global collaborations and research consortia..

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=11881&type=smp

Artificial Kidney Market Major Segments
The artificial kidney market covered in this report is segmented -

1) By Product Type: Wearable Artificial Kidney, Implantable Artificial Kidney
2) By Dialysis: Hemodialysis, Peritoneal Dialysis, Combination
3) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Other End-User

Key Driver - Surging Chronic Kidney Cases Propel Growth In The Artificial Kidney Market

The rapid increase in chronic kidney cases is expected to propel the growth of the artificial kidney market going forward. Chronic kidney disease is a long-term condition in which the kidneys gradually lose their function over time. Artificial kidneys are primarily used for chronic kidney disease treatment as they remove waste products and toxins from the body and lead to fluid retention, maintaining the proper balance of electrolytes. For instance, in June 2023, according to Kidney Research UK, a UK-based charitable organization that conducts research and advocacy efforts to improve understanding, prevention, and treatment of kidney diseases, an estimated 7.19 million people in the UK were affected by chronic kidney disease in 2023, representing more than 10% of the UK population and projected to increase to 7.61 million people by 2033 . Therefore, the increasing number of cases of chronic kidney diseases drives the artificial kidney market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=11881&type=smp

Prominent Trend - Elevating Artificial Kidney Technology For Enhanced Patient Care

Technological advancements are a key trend gaining popularity in the artificial kidney market. Major companies operating in the artificial kidney market are introducing innovative products to sustain their position in the market. For instance, in July 2022, NephroPlus, an India-based dialysis network, launched the Renova, a fully automated dialyzer reprocessing system with inbuilt cloud storage. Renova is a device that is cloud-connected. Biomedical Engineers can troubleshoot and resolve difficulties remotely by leveraging the power of the internet cloud. They can log in to the machine using the Renova app to check its status, including observing the operation of each valve in the device during its operations to determine what is wrong. After determining the source of the problem, they can decide if a part needs to be replaced or a configuration parameter needs to be altered. Dialyzer is an artificial kidney that helps to reduce the risk of infection, improve the quality of dialysis treatment, and helps to remove toxins and waste products from the blood that the kidneys can no longer clear.

Artificial Kidney Market Players
Major companies operating in the artificial kidney market report are Fresenius SE And Co. KGaA, Medtronic Plc., Asahi Kasei Medical Co. Ltd., Toray Industries Inc., Baxter International Inc., DaVita Inc., B.Braun Melsungen AG, UCLA Health, Revvity, Nipro Medical Corporation, Nikkiso Co. Ltd., Merit Medical Systems Inc., Kawasumi Laboratories Inc., Quanta Dialysis Technologies Ltd., Triomed AB, Advent Access, WearOptimo, AWAK Technologies Pvt. Ltd., Aethlon Medical Inc., Blood Purification Technologies Inc., Xcorporeal Inc., Nanodialysis B.V, Neokidney Development BV, Wearable Medical Devices Inc., Nephria Bio Inc., US Kidney Research Corporation

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/artificial-kidney-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the artificial kidney market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial kidney market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Artificial Kidney Market Report Structure
3. Artificial Kidney Market Trends And Strategies
4. Artificial Kidney Market - Macro Economic Scenario
5. Artificial Kidney Market Size And Growth
…..
27. Artificial Kidney Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.