Global Wearable Artificial Kidney Market Trends, Size, Share & Forecast

The global wearable artificial
kidney market has been gaining momentum owing to increasing burden of chronic
kidney disease and renal failure across the world. Wearable artificial kidney
offers a wearable and portable alternative to dialysis to treat kidney failure
patients. These light-weight devices are designed to be worn by patients to
continuously filter their blood outside regular dialysis sessions, improving
quality of life. Conventional dialysis requires patients to be hooked up to
large dialysis machines for several hours up to three times a week which can be
inconvenient and affect their daily routine. In contrast, wearable artificial
kidneys provide continuous blood filtration which is more effective at
cleansing blood toxins while allowing mobility and flexibility to patients.

The
global wearable artificial kidney market is estimated to be valued at US$ 9.11
Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period
2024 to 2031.



Key
Takeaways

Key players operating in the global wearable artificial kidney market are B.
Braun SE, AWAK Technologies, Blood Purification Technologies Inc., Nextkidney,
Triomed AB, SB-KAWASUMI LABORATORIES, INC., Asahi Kasei Medical Co., Ltd.,
Nanodialysis BV, Semperit AG Holding, KidneyX.

Key opportunities in the market include increasing government funding for
development of innovative dialysis technology and opening of new markets in
developing countries with large kidney disease population. Global expansion of
the wearable artificial kidney market is expected with Asia Pacific expected to
emerge as the fastest growing region owing to rapidly improving healthcare
infrastructure and widespread dialysis adoption.

Market Drivers

The Global
Wearable Artificial Kidney Market Trends is the rising prevalence of
chronic kidney disease and end stage renal disease globally. As per data, over
500 million people suffer from chronic kidney disease with millions progressing
to kidney failure each year. In addition, increasing preference for convenient
at-home dialysis alternatives as against frequent hospital visits for regular
dialysis is also fueling demand for wearable artificial kidneys.

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