Growth Opportunities and Trends in the Artificial Kidney Market: Key Insights for 2025-2034
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How has the artificial kidney market grown over the years?
The size of the artificial kidney market has expanded swiftly over the last few years. The market is projected to expand from $10.22 billion in 2024 to $11.51 billion in 2025, with a compound annual growth rate (CAGR) of 12.6%. The historical growth can be credited to a rise in chronic kidney diseases (CKD), shortage of donated organs, advancement in renal replacement therapies, enhancements in life quality for end-stage renal disease (ESRD) patients, and an increase in the ageing population.
What Is the forecasted market size and growth rate for the artificial kidney market?
The value of the artificial kidney market is projected to expand significantly in the coming years, reaching $18.87 billion in 2029 with a compound annual growth rate (CAGR) of 13.2%. This projected growth for the forecast period can be linked to increased investment in healthcare, patient inclination towards treatments at home, and worldwide endeavors to minimize dialysis reliance. Key trends driving the market during this forecast period are the incorporation of sensors and tracking instruments, the involvement of telehealth, emphasis on biocompatibility and immunogenicity, the evolution of regulatory frameworks, and global partnerships and research collaborations.
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What are the major factors driving growth in the artificial kidney market?
The escalating numbers of chronic kidney conditions are predicted to drive the expansion of the artificial kidney market. This disease, which is characterized by a progressive loss of kidney function over a long period of time, can be treated using artificial kidneys. These machines effectively remove waste products and toxins from the body and control fluid levels, helping to maintain a proper electrolyte balance. For example, Kidney Research UK, a charitable organization based in the UK that focuses on research and advocacy to enhance the understanding, prevention, and treatment of kidney diseases, reported in June 2023 that approximately 7.19 million people, or over 10% of the UK population, were living with chronic kidney disease in 2023. This figure is expected to rise to 7.61 million by 2033. This growing prevalence of chronic kidney disease is a significant factor driving the demand for artificial kidneys in the market.
What key areas define the segmentation of the global artificial kidney Market?
The artificial kidney market covered in this report is segmented –
1) By Product Type: Wearable Artificial Kidney, Implantable Artificial Kidney
2) By Dialysis: Hemodialysis, Peritoneal Dialysis, Combination
3) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Other End-User
Subsegments:
1) By Wearable Artificial Kidney: Portable Dialysis Systems, Compact Dialysis Units
2) By Implantable Artificial Kidney: Bioengineered Kidneys, Hybrid Dialysis Systems
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What are the top market players propelling the growth of the artificial kidney industry?
Major companies operating in the artificial kidney market include Fresenius SE And Co. KGaA, Medtronic Plc., Asahi Kasei Medical Co. Ltd., Toray Industries Inc., Baxter International Inc., DaVita Inc., B.Braun Melsungen AG, UCLA Health, Revvity, Nipro Medical Corporation, Nikkiso Co. Ltd., Kawasumi Laboratories Inc., Quanta Dialysis Technologies Ltd., Triomed AB, Advent Access, WearOptimo, AWAK Technologies Pvt. Ltd., Aethlon Medical Inc., Blood Purification Technologies Inc., Xcorporeal Inc., Nanodialysis B.V, Neokidney Development BV, Wearable Medical Devices Inc., Nephria Bio Inc., US Kidney Research Corporation
What are the key trends shaping the future of the artificial kidney market?
Technological progression is an emerging trend gaining traction in the artificial kidney sector. Prime firms in this market are unveiling novel products to retain their standing. For example, NephroPlus, a dialysis network based in India, unveiled a fully automated dialyzer reprocessing device named Renova in July 2022, complete with incorporated cloud storage. The Renova device is connected to the cloud, enabling Biomedical Engineers to leverage internet cloud power to address and rectify issues remotely. They can access the machine via the Renova app to monitor its performance, including overseeing the operation of individual valves during its working period. This helps determine potential faults. Upon finding the malfunction’s origin, they can determine whether a component needs substitution or a configuration factor requires modification. This artificial kidney, the dialyzer, aids in diminishing infection risk, enhancing dialysis treatment quality, and aiding the elimination of toxins and waste material from blood that kidneys can no longer remove.
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What regions are dominating the artificial kidney market growth?
North America was the largest region in the artificial kidney market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial kidney market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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