Artificial kidney, also known as renal dialysis machine, helps in filtering and purifying blood for patients suffering from kidney failure or whose kidneys are unable to function properly. It removes excess fluids and waste from the body that are normally removed by healthy kidneys. Growing prevalence of chronic kidney disease and end stage renal disease across the globe has boosted the demand for artificial kidney treatment. Technological advancements in artificial kidney machines have improved efficiency and expanded application areas.
The global Artificial Kidney Market is estimated to be valued at US$ 7 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving the artificial kidney market is development of miniaturized portable artificial kidney devices. Earlier large and bulky machines limited mobility of patients requiring frequent dialysis. However, recent innovations have led to development of smaller and wearable devices which can be worn by patients like a backpack. This has improved quality of life and independence for patients. Ongoing R&D is focused on developing nano-technology based membranes and miniaturized dialysis components to design compact portable devices. Wearable artificial kidneys are expected to boost market demand over the forecast period.
Segment Analysis
The global artificial kidney market is dominated by the portable artificial kidney sub segment. Portable artificial kidney devices allow kidney dialysis patients to maintain normal activities and mobility without having to stay connected to bulky dialysis machines. Their lightweight and compact design makes them very convenient to use. This has led to higher adoption of portable artificial kidney devices among patients requiring dialysis.
Key Takeaways
The Global Artificial Kidney Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market was valued at US$ 7 Billion in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period.
Regional analysis
North America currently dominates the global artificial kidney market and is expected to maintain its leading position throughout the forecast period. Higher kidney diseases prevalence, developed healthcare infrastructure, and growing dialysis patients are some key factors driving the North America artificial kidney market. Asia Pacific region is projected to witness the fastest growth during the forecast period due to increasing healthcare investments, rising awareness about advanced kidney treatment options, and growing elderly population in countries like China and India.
Key players
The key players operating in the Artificial Kidney market include DanDry, Bry-Air, Drymate, DehuTech AB, Aprilaire, Therma-Stor LLC, Santa Fe Products, Surna Inc., and Desert Aire Corp. DanDry and Bry-Air collectively hold over 35% of the market share owing to their extensive product portfolio and global distribution network. DehuTech AB focuses on developing technologically advanced portable artificial kidney devices and has established a strong presence in European markets.
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