Wearable Artificial Kidney Market Size, Share, Demand, Growth, Challenges And Research In Medical Sector 2018-2027 | Radiant Insights, Inc.

November 22 16:20 2019
Wearable Artificial Kidney Market Size, Share, Demand, Growth, Challenges And Research In Medical Sector 2018-2027 | Radiant Insights, Inc.

Radiant Insights, Inc.
Radiant Insights has announced the addition of “Wearable Artificial Kidney Market Size, Share & Trends Analysis Report By Patient Type (End Stage Renal Disease, Acute Kidney Disease), By Region, Competitive Landscape, And Segment Forecasts, 2020 – 2027″ Market Research report to their database.

The global wearable artificial kidney market size is anticipated to reach USD 7.7 billion by 2027, expanding at a CAGR of 96.7%, according to a new report by Radiant Insights, Inc. Increasing number of patients suffering from renal failure and technical advantages of artificial organs are anticipated to boost market growth.

Kidney failure, also known as End Stage Kidney Disease (ESRD), occurs when the organ is unable to filter waste from blood owing to several factors such as toxic environmental pollutants, glomerulonephritis, and high blood pressure. According to the National Kidney foundation (NKD), 10% of the global population is affected by chronic kidney disease (CKD) and millions of people die due to their inability to afford treatment. Thus, increasing number of patients suffering from CKD is driving the market.

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At present, there are three major firms that have developed successful prototypes of wearable artificial kidney (WAK): Blood Purification Technologies Inc.; AWAK Technologies; and Dutch Kidney Foundation. The WAK prototypes designed and patented by these firms have been approved for human clinical trials by the U.S. FDA in 2016 with great success. Prior to that, WAK had been successfully tested in the E.U since 2013. WAK products, being in stage of product refinement, are refined at design and utility areas, allowing for greater patient comfort and ease of operation.

Further key findings from the study suggest:

• ESRD dominated the market by patient type in 2018 and is expected to witness the highest CAGR owing to increasing CKD patients and government awareness programs

• North America dominated the wearable artificial kidney market with the largest revenue share in 2018 owing to growing prevalence of diabetes as well as hypertension, renal failure, and technological advancements by key market players

• Key players are introducing technologically enhanced products to gain competitive advantage in the industry. For instance, in 2016, Victor Gura, MD and inventor of the WAK, announced the success of WAK version 2.0, which is a miniaturized dialysis machine that enables patients to walk around by wearing it under a garment. This device has already been clinically tested in Europe and has the potential to reduce cost of treatment for those suffering from renal diseases.

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Table of Contents

Chapter 1 Methodology And Scope
1.1 Market Segmentation And Scope
1.1.1 Patient Type
1.1.2 Regional Scope
1.1.3 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database:
1.3.2 Radiant Insights Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis (Model 2)
1.6.2.1 Approach 2: Volume Price Analysis
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 List of Abbreviations
1.10 Objectives
1.10.1 Objective 1
1.10.2 Objective 2
1.10.3 Objective 3
1.10.4 Objective 4

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights?

Chapter 3 Wearable Artificial Kidney Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Growing Prevalence of Diabetes And Hypertension
3.4.1.2 Low Presence of Donor, Leading To Limited Transplantation
3.4.1.3 Technological Advancement
3.4.2 Market Restraints Analysis
3.4.2.1 Risk of Complications
3.4.2.2 Stringent Regulatory Policies For Dialysis Products
3.5 Wearable Artificial Kidney : Market Analysis Tools
3.5.1 Industry Analysis – Porter’s
3.5.1.1 Bargaining Power of Suppliers
3.5.1.2 Bargaining Power of Buyers
3.5.1.3 Competitive Rivalry
3.5.1.4 Threat of New Entrants
3.5.1.5 Threat of New Substitutes
3.5.2 Swot, By Pestle Analysis
3.5.2.1 Political
3.5.2.2 Economic
3.5.2.3 Technological

Chapter 4 Wearable Artificial Kidney Market: Segment Analysis, By Patient Type, 2018 – 2027 (USD Million)
4.1 Definition And Scope
4.2 Patient Type Market Share Analysis, 2018 & 2027
4.3 Segment Dashboard
4.4 Global Wearable Artificial Kidney Market, By Patient Type, 2018 To 2027
4.5 Market Size & Forecasts And Trend Analyses, 2018 To 2027
4.5.1 End Stage Renal Disease (Esrd)
4.5.1.1 End Stage Renal Disease (Esrd), 2018 – 2027 (USD Million)
4.5.2 Acute Renal Disease
4.5.2.1 Acute Renal Disease, 2018 – 2027 (USD Million)

Continued…

Browse More Related Reports in Medical Devices Industry:

1) Kidney Dialysis Equipment Market – https://www.radiantinsights.com/research/global-kidney-dialysis-equipment-market-research-report-2018

2) Kidney Fibrosis Treatment Market – https://www.radiantinsights.com/research/global-kidney-fibrosis-treatment-market-research-report-2018

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