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Global Artificial Kidney Market Size By Device Type (Wearable Artificial Kidney, Implantable Artificial Kidney), By End-user (Hospitals, Specialty Clinics), Dialysis (Hemodialysis and Peritoneal Dialysis), By Geographic Scope and Forecast


Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Artificial Kidney Market Size By Device Type (Wearable Artificial Kidney, Implantable Artificial Kidney), By End-user (Hospitals, Specialty Clinics), Dialysis (Hemodialysis and Peritoneal Dialysis), By Geographic Scope and Forecast

Artificial Kidney Market Size And Forecast

Artificial Kidney Market size is valued at USD 66496.06 Million in 2024 and is anticipated to reach USD 605529.03 Million by 2031, growing at a CAGR of 35.08% from 2024 to 2031.

  • An artificial kidney is a medical device that allows the assistance of dialysis at any time. To improve the process of dialysis, R&D activities are being done continuously.
  • The kidney is not able to perform its functions like filtering and removing blood waste and other fluids at the end-stage of kidney disease. Hence they require dialysis treatment.
  • The fluid and metabolic waste can be eliminated by dialysis, but they are unable to compensate for the loss of kidney functions like endocrine function, regulating metabolism, and homeostasis.
  • Furthermore, the artificial kidney function assists the human body in living a healthy and safe life; it reduces hospital visits for performing dialysis. The rising geriatric population and increase in kidney disorders are increasing the adoption of dialysis.

Artificial Kidney Market Dynamics

The key market dynamics that are shaping the artificial kidney market include

Key Market Drivers

  • Demand for alternative therapy The scarcity of donor kidneys and the increasing prevalence of end-stage renal disease (ESRD) create a significant demand for alternative therapy options such as artificial kidneys. This requirement is an important factor in the development of artificial kidney technologies.
  • Technological Advances Advances in material science, biotechnology, and nanotechnology have opened new opportunities for the development of artificial kidneys. These technologies enable the creation of biocompatible and more efficient artificial kidney devices that will drive innovation in the industry.
  • Improved quality of life Artificial kidneys promise to provide ESRD patients with a higher quality of life by providing permanent and portable. Renal replacement. Therapy The potential improvement of patient outcomes is a strong driver for the development of artificial kidney technology.
  • Cost reduction Traditional kidney replacement therapies such as dialysis and kidney transplantation impose significant costs on patients and healthcare systems. Artificial kidneys can reduce the financial burden associated with long-term renal replacement therapy, making them attractive to healthcare providers and payers.
  • Regulatory support Regulatory authorities recognize the urgent need for innovative renal replacement therapies and are increasingly supporting efforts. to develop artificial kidney technologies. Regulatory support can speed up the development and approval process, which encourages investment and innovation in the industry.

Key Challenges

  • Biocompatibility and immunogenicityEnsuring the biocompatibility of artificial kidney devices and triggering an immune response in the body is a major challenge. Designing materials and coatings that mimic the natural function of the kidney and avoid immune rejection is a major technical hurdle.
  • Blood compatibility and anticoagulantArtificial kidneys must be able to safely interact with the patient’s blood without causing coagulation or other adverse effects. The development of effective anticoagulant strategies and blood-compatible materials is essential to the success of artificial kidney technology.
  • Long-term reliability and durabilityArtificial kidneys are expected to provide continuous renal replacement therapy for a long time. Ensuring the long-term reliability and durability of these devices, including minimizing wear and preventing device failure, is a major engineering challenge.
  • Size and portabilityCreating compact and portable artificial devices that patients can wear is an engineering solution. Innovative technical solutions are needed to balance portability with device functionality and performance.
  • Regulatory hurdlesObtaining regulatory approval for artificial kidney devices requires navigating complex pathways and demonstrating safety, efficacy, and clinical benefit. The time and expense involved in complying with regulations pose challenges for companies developing artificial intelligence technologies.

Key Opportunities

  • Organ ShortageArtificial Kidneys have the potential to solve the shortage of kidney donors for organ transplantation, providing life-saving support to end-stage renal failure (ESRD) patients awaiting organ transplant along with the body. Artificial kidneys may offer an alternative to organ transplantation, shortening transplant times and improving patient outcomes.
  • Improved Efficiency and CapacityArtificial kidneys may provide easier and cheaper treatment for ESRD patients, especially in areas without dialysis or replacement. Artificial kidneys have the potential to provide life-saving kidney treatment to the public, reducing reliance on scarce donor equipment and expensive dialysis treatments.
  • Improve quality of lifeCompared with traditional dialysis, which is a burden and affects patients’ lives, artificial kidneys can provide easier treatment and support the modified kidney. This ongoing therapy allows for better fluid and electrolyte management, resulting in overall health and a better quality of life for ESRD patients.
  • Self-Healing OptionsThe artificial kidney can create a way to self-heal based on the patient’s needs. By combining technologies such as bioengineering, nanotechnology, and regenerative medicine, an artificial kidney can be designed to perform the kidney’s complex functions while reducing the immune system and failure, thus providing customized treatment for different patients.
  • Innovation and technological advancementThe development of kidney products offers innovation and technology opportunities in kidney transplantation. Collaboration between scientists, engineers, doctors, and industry partners can foster progress in kidney design, data science, biocompatibility, and miniaturization, and lead to improvements in equipment, stables, and patient well-being.
  • Potential for Home CareA compact, portable, and easy-to-use kidney transplant can help perform kidney transplants at home, providing patients with more convenient, accessible freedom and easier management of their condition. Home care can reduce the need for frequent hospital visits, improve patient comfort, and help patients with end-stage renal disease live independently and do well.

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Artificial Kidney Market Regional Analysis

Asia Pacific

  • The region’s large and aging population creates a large number of patients requiring renal replacement therapies due to the increasing incidence of chronic kidney disease (CKD) and end-stage renal disease (ESRD).
  • The growing burden of diabetes and hypertension, the leading causes of kidney failure, further increases the need for artificial kidneys in the region. Improving healthcare infrastructure, increased healthcare spending, and increased awareness of kidney disease are helping to accelerate the adoption of artificial kidney technology across the Asia region.
  • The Asia Pacific region is home to some of the world’s leading medical device and healthcare technology manufacturers, actively engaged in research, development, and commercialization of artificial kidney solutions.
  • These companies leverage the region’s technological expertise, manufacturing capabilities, and cost-effective manufacturing processes to develop innovative hemodialysis devices tailored to local market needs.
  • Furthermore, collaboration between industry players, academic institutions, and government agencies is driving innovation and accelerating the adoption of artificial kidney technology in Asia Pacific.

North America

  • North America is estimated to dominate the largest market share in the artificial kidney market owing to its advanced healthcare infrastructure, strong research and development capabilities, and high healthcare costs.
  • The region’s well-established healthcare system and regulatory framework provide a favorable environment for the development and commercialization of artificial kidney technology.
  • North America has large numbers of CKD and ESRD patients, as well as a significant need for kidney replacement therapies such as dialysis and kidney transplantation.
  • North America is a hub for medical innovation and entrepreneurship, with many startups and research institutes dedicated to developing artificial kidney technology.
  • Furthermore, this region drives cutting-edge, groundbreaking research in biotechnology and collaborates with healthcare providers to develop next-generation artificial kidney devices that deliver results and better quality of life for patients. Strong government support for biomedical research and healthcare innovation further fuels the growth of the artificial kidney market in North America.

Global Artificial Kidney MarketSegmentation Analysis

The Artificial Kidney Market is segmented based on Device Type, Dialysis, End-user, and Geography.

Artificial Kidney Market, By Device Type

  • Wearable Artificial Kidney
  • Implantable Artificial Kidney

Based on Device Type, the market is segmented into Wearable Artificial Kidney and Implantable Artificial Kidneys. The wearable artificial kidney segment dominates the market, accounting for the largest market revenue due to the rising renal and kidney disorder cases leading to a drastic rise in patients suffering from these diseases. On the other hand, another type of artificial kidney, implantable artificial kidney, is under trial; they are undergoing clinical trials in humans and are anticipated to get FDA approval by the end of the review period.

Artificial Kidney Market, By Dialysis

  • Hemodialysis
  • Peritoneal Dialysis

Based on Dialysis, the market is segmented into Hemodialysis and Peritoneal Dialysis. The hemodialysis segment accounts for the largest market share as there is a large number of hemodialysis procedures taking place. Peritoneal dialysis is anticipated to grow at a faster rate as it does not require regular visits to a dialysis unit and can be carried out at home.

Artificial Kidney Market, By End-User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Based on End-user, the market is segmented into Hospitals, Specialty Clinics, and Ambulatory Surgical Centers. The hospital segment is estimated to exhibit the highest growth during the forecast period owing to its role as a key healthcare facility where patients with kidney disease receive diagnosis, treatment, and ongoing care.

Artificial Kidney Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is estimated to dominate the market due to the increased research and development activities by the research centers for innovating artificial kidneys. The region has a rising number of patients suffering from diseases related to the kidneys. They have easy availability of advanced healthcare facilities.

Key Players

The “Global Artificial Kidney Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as B. Braun Melsungen AG, Asahi Kasei Medical Co. Ltd., DaVita Inc., NIPRO Medical Corporation, Nikkiso Co., Ltd., Fresenius Medical Care AG & Co. KGaA, Baxter, Merit Medical Systems, Medtronic, and Xcorporeal, Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Artificial Kidney Market Recent Developments

  • In April 2023, Medtronic plc and DaVita In created a new company called Mozarc Medical, which is dedicated to changing renal health and developing patient-centered technological solutions.
  • In August 2022, The U.S. Department of Health and Human Services (HHS) and the American Society of Nephrology (ASN) reported a new prize competition from the Kidney Innovation Accelerator (KidneyX) that seeks to further the development of a fully functional bioartificial kidney.

Report Scope

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Million)

Key Companies Profiled

B. Braun Melsungen AG, Asahi Kasei Medical Co. Ltd., DaVita Inc., NIPRO Medical Corporation, Nikkiso Co., Ltd., Fresenius Medical Care AG & Co. KGaA, Baxter, Merit Medical Systems, Medtronic, and Xcorporeal, Inc.

Segments Covered

By Device Type, By Dialysis, By End-user, and By Geography

Customization scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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