Press release
Portable Dialysis Machines Market Size Projected To Reach $28.77 Billion By 2034 With A Cagr Of 6.5%
Portable Dialysis Machines Market
What Is the Projected Growth of the Portable Dialysis Machines Market?
The market for portable dialysis machines has experienced swift expansion in the past few years. It's projected to increase from $20.25 billion in 2024 to $22.33 billion in 2025, registering a compound annual growth rate (CAGR) of 10.2%. This notable growth during the historical period is attributed to technological enhancements in the production of dialysis machines, the growing number of chronic kidney disease (CKD) cases, a surge in demand for home healthcare services, enhancements in patient's standard of living, and the implementation of government programs advocating access to dialysis.
The market size for portable dialysis machines is projected to experience robust growth in the upcoming years, escalating to $28.77 billion in 2029 with an annual compounded growth rate (CAGR) of 6.5%. The factors contributing to this surge during the prediction period encompass the growth of the elderly population, an increase in end-stage renal disease (ESRD) incidences, heightened emphasis on individualized medicine, advancement in telemedicine and remote surveillance, and absorption in emerging markets. The anticipated period will notice key trends such as downsizing and portability, incorporation of savvy monitoring functions, improved linkages with healthcare providers, the creation of wearable dialysis machinery, and concentration on sustainable and environmentally friendly solutions.
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What Are the Different Portable Dialysis Machines Market Segments?
The portable dialysis machines market covered in this report is segmented -
1) By Product Type: Portable Dialysis Machine For Home Use, Wearable Dialysis Machine
2) By Analysis Type: Peritoneal Dialysis, Hemodialysis
3) By End User: Hospital, Clinic, Home Care
Subsegments:
1) By Portable Dialysis Machines: Portable Dialysis Machine For Home Use, Hemodialysis Machines, Peritoneal Dialysis Machines
2) By Wearable Dialysis Machines: Wearable Dialysis Machine, Wearable Hemodialysis Devices, Wearable Peritoneal Dialysis Devices
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What Are the Primary Drivers Shaping the Portable Dialysis Machines Market?
The escalating incidence of kidney diseases is anticipated to fuel the expansion of the portable dialysis machines market in the future. Renal ailments, which include a variety of conditions that impede the kidneys' capacity to eliminate waste and surplus fluids from the body, uphold blood pressure, and sustain overall health, are becoming more common. The role of portable dialysis machines in treating kidney diseases, particularly managing chronic kidney disorder and end-stage kidney failure, is critical. These machines are manufactured to cleanse a patient's blood by removing excess water and waste when the kidneys are injured, non-functional, or absent. For example, a June 2023 report from Kidney Research UK, a British non-profit organization, revealed that around 7.2 million people in the UK, more than 10% of the population, are currently living with chronic kidney disease. This group includes 3.25 million individuals in the serious stages and an extra 3.9 million in the initial stages, frequently without a diagnosis and symptom-free. By 2033, it's forecasted that the total number of individuals with chronic kidney disease will reach 7.61 million. As a result, the growth of the portable dialysis machines market is being fueled by the rising prevalence of renal diseases.
Which Companies Are Leading in the Portable Dialysis Machines Market?
Major companies operating in the portable dialysis machines market report are Abbott Laboratories, Fresenius Kabi AG, Medtronic PLC, Siemens Healthineers AG, C.R. Bard (Becton), Baxter International Inc, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Nikkiso Co., Cantel Medical, Allmed Medical Products Co. Ltd., NxStage Medical Inc., AngioDynamics, Medivators Inc., Outset Medical Inc., Outset Medical, Rockwell Medical, SWS Hemodialysis Care Co. Ltd., Zylox Medical Devices, DEKA Research & Development Corporation, Biolight Co. Ltd., Quanta Dialysis Technologies Ltd., Medcomp, AWAK Technologies, Toray Medical Co. Ltd.
What Are the Major Trends Shaping the Portable Dialysis Machines Market?
Key players in the portable dialysis machine market are channeling their efforts towards the implementation of technologically advanced solutions such as next-generation digital health modules, with an aim to enhance their market profitability. Designed as a clinical management resource, these next-generation digital health modules assist in managing home dialysis patients by identifying possible complications in therapy. In a significant development in June 2023, AWAK Technologies, a Singaporean medtech firm, in collaboration with Singapore General Hospital (SGH), initiated a pre-pivotal clinical trial for their Wearable Dialysis Device. This breakthrough, compact system provides those suffering from end-stage kidney disease the ability to carry out dialysis on the move, which dramatically improves their living standards. The key objective of this trial is to evaluate the safety and effectiveness of the improved device following an initial human study that recorded no severe adverse reactions.
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What Are the Top Revenue-Generating Geographies in the Portable Dialysis Machines Market?
North America was the largest region in the portable dialysis machines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the portable dialysis machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Portable Dialysis Machines Market?
2. What is the CAGR expected in the Portable Dialysis Machines Market?
3. What Are the Key Innovations Transforming the Portable Dialysis Machines Industry?
4. Which Region Is Leading the Portable Dialysis Machines Market?
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