Portable Dialysis Machine Market is Poised to Reach US$ 9.98 Billion with a 12.5% CAGR by 2034

Growing at a CAGR of 12.5%, the portable dialysis machine market worldwide is anticipated to grow from a value of US$ 3.08 billion in 2024 to US$ 9.98 billion in 2034.

Dialysis is a medical procedure employed to extend life in individuals with severe kidney dysfunction. Over one million Americans are afflicted by end-stage renal disease (ESRD) annually. The figures are staggering when viewed globally.

Estimates place 4 million individuals worldwide affected by end-stage renal disease (ESRD) and the patients suffering from the disease are rising at a 5-7% year-on-year average rate. Taiwan, Japan, Mexico, the US, and Belgium have the most end-stage renal disease (ESRD).

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Segment-Wise analysis

Wearable Dialysis Machines Drive Growth in the Forecast Duration

According to product types, the home dialysis machines are propelling sales during forecast period due to the necessity of avoiding travel and the time required for dialysis at canters. Nevertheless, wearable dialysis devices are also likely to experience growth in coming years due to the necessity of dialysis machines that are convenient to carry.

The portable wearables dialysis devices were solutions to bypass two of the main design issues of traditional dialysis machines- Firstly, to operate by using strong and light pumps, and secondly, not to be dependent on fresh dialysate. The portable wearables are meant to operate on reuse of spent dialysate. Wearable devices supported by these technologies will have the maximum growth rate in the forecast period.

According to the end users, the clinics observe the highest demand for portable dialysis machines whereas the home care settings are projected to record a fastest CAGR within forecast period due to the increasing use of home dialysis and wearable dialysis machines by consumers after the pandemic.

Regional Insights

North America Fetching Large Market Share in Portable Dialysis Machines

North America is poised to have the largest portion of the worldwide market due to the growing population of chronic disease sufferers in the region, as researched in the portable dialysis machine market research. Almost 60% of Americans have at least one chronic condition, and this boosts the demand for portable dialysis machines.

According to the recent data of the Partnership to Fight Chronic Disease publication, treatment of the seven most prevalent chronic diseases, along with productivity losses, will cost $2 trillion dollars a year to the United States economy by 2030. This has provided the opportunity for portable dialysis machine manufacturers in the forecast period in the region.

The Asia Pacific region is also projected to expand based on the portable dialysis machines segment with the highest CAGR followed by a dynamic increase in kidney diseases in these nations. The poor quality of food and poorer nutrition levels of the population in public consumption are driving this increasing disease-susceptible population.

According to the portable dialysis machine industry report, the governments are favorable to medical device technological innovation, and at the same time, avenues are opened for financing to suppliers who will reap good growth opportunities in the future.

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Competitive landscape

Players Investing More Money in the Market

The market for portable dialysis machines is very competitive wherein the vendors are concentrating on the growth of their supply chain to create dominance. The major industry players are investing more in the research and optimization of machine designs to introduce wearable types of dialysis equipment, according to the portable dialysis machine industry analysis.

Since the market is growing these players, require the high production and maintenance cost to maintain profit margin in the long term. Firms engaged in product size and design optimization are able to attract the attention of users, as stated in the portable dialysis machine industry outlook.

The System One designed by NxStage is the first and sole portable hemodialysis system cleared in the US. These devices are able to do single dialysis taking care of patients and sleeping partners.
The latest innovation by Quanta SC+ has presented proprietary disposable solutions that produce dialysate according to demand and end disinfection requirements. This is a very portable dialysis system weighing just 32 Kg, quite lightweight and suitable for use in home and clinic environments.

Segmentation of the Portable Dialysis Machine Market Research

By Product Type :
Portable Dialysis Machines for Home Use
Wearable Dialysis Machines
By End User :
Clinics
Home Care Settings
Others
By Region :
Northeast
Southeast
West
Southwest
Midwest

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