GLOBAL WEARABLE ARTIFICIAL KIDNEY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Wearable Artificial Kidney Market, By Disease Stage (Acute Renal Disease and End-stage Renal Disease), By Dialysis Type (Hemodialysis and Peritoneal dialysis), By End User (Hospitals, Ambulatory Surgical Centers, Dialysis Centers, and Others), and Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024
Code : CMI6938
Pages :146
Formats :
Excel and PDF
Industry : Medical Devices

Market Concentration and Competitive Landscape

Global Wearable Artificial Kidney Market Concentration By Players

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Potential Cost Savings from Reduced Dialysis Dependency

Kidney dialysis, which is the current standard of care for ESRD patients, poses a huge financial burden on healthcare systems globally. It requires patients to visit dialysis centers thrice every week for hours-long treatment sessions through their lifetime. The average annual cost of dialysis therapy per patient ranges anywhere between US$ 70,000 to US$ 90,000 depending on nation and healthcare system. In the long run, lifetime costs of dialysis add up to massive figures and place unsustainable pressure on payers. A fully functioning wearable artificial kidney offers potential to reduce or eliminate dialysis dependency, and can result in huge cost savings for patients as well as private and public insurers.

Key Players Insights