North America Portable and Wearable Dialysis Devices Market

Market Introduction

Portable dialysis device is used to reduce the disease burden by reducing or complete removal of dietary restrictions. Although dialysis machines are lifesavers, much attention is not paid to them by the medical device industry. Portable dialysis machines are specifically designed for home use or during travelling. Portable dialysis machines can considerably improve the quality of life by allowing patients to have dialysis while going around their daily activities. Wearable dialysis machines, also called a wearable artificial kidney, are disassembled dialysis equipment, separate parts of which are fixed on to a belt which can be worn around the torso.

Market Overview and Dynamics

The North America portable and wearable dialysis devices market is projected to reach US$ 1,799.71 million by 2027 from US$ 1,208.19 million in 2019. The market is anticipated to grow with a CAGR of 5.4% from 2020 to 2027. The growth in North America is characterized by increase in the rapidly growing end-stage renal disease and chronic kidney disease, presence of key market players and extensive R&D conducted by various academic and research institutes. In addition, there is also a boom in public healthcare expenditure and an increase in the awareness programs that are further expected to stimulate the growth of portable and wearable dialysis devices market in North America. The outbreak of the COVID-19 pandemic is estimated to less impact on the portable and wearable dialysis device market during the forecast period. It is likely to owe several growth opportunities for the market in the coming years. However, at present and in the following few years is expected to show a negative impact on market growth.

Key Market Segments

Based on product type, the North America portable and wearable dialysis devices market is segmented into hemodialysis and peritoneal dialysis. In 2019, the hemodialysis product type segment held a larger share of the market. Also, the segment is expected to grow at a faster rate during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to while preparing the North America portable and wearable dialysis devices market report are World Health Organization, Ministry of Health and Prevention, and Ministry of Health and Family Welfare.

Reasons to buy the report

• To understand the North America portable and wearable dialysis devices market landscape and identify market segments that are most likely to guarantee a strong return
• To stay ahead in comprehending the ever-changing competitive landscape of the North America portable and wearable dialysis devices market
• To efficiently plan M&A and partnership deals in the North America portable and wearable dialysis devices market by identifying market segments with the most promising probable sales
• To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the North America portable and wearable dialysis devices market
• To obtain market revenue forecast from 2019 to 2027 in various segments of the North America portable and wearable dialysis devices market

NORTH AMERICA PORTABLE AND WEARABLE DIALYSIS DEVICES MARKET SEGMENTATION

By Product Type

• Hemodialysis
• Peritoneal Dialysis

By End User

• Hospital
• Clinic
• Home

By Country

• US
• Canada
• Mexico

Company Profiles

• B. Braun Melsungen AG
• Baxter International Inc.
• Asahi Kasei Corporation
• Fresenius Kabi AG
• Medtronic

North America Portable and Wearable Dialysis Devices Market Strategic Insights

North America Portable and Wearable Dialysis Devices Market Report Highlights

North America Portable and Wearable Dialysis Devices Market Country and Regional Insights