The growth of the portable dialysis devices market across the globe is witnessing growth on account of the development of social society leading to changes in diet and other lifestyles. This along with the rapidly growing aging population across the globe is causing an increase in the number of patients having chronic kidney diseases, hypertension, and diabetes. For instance, as per WHO, Chronic Kidney Disease (CKD) is the 6th fastest-growing cause of death. Approx., 195 million women are affected by Kidney diseases worldwide. Around 1.7 million people are estimated to die annually because of acute kidney injury (AKI) globally. Also, an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension, most (two-thirds) living in low- and middle-income countries. This rise in the number of people with high blood pressure is leading to an increase in kidney diseases as high blood pressure can constrict and narrow blood vessels, eventually damaging and weakening them throughout the body, including the kidneys. Owing to these glaring statistics the demand for portable dialysis devices is anticipated to grow in the forthcoming years.
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According to UnivDatos Market Insights (UMI)’ research report “Global Portable dialysis devices Market Analysis, 2021”, the portable dialysis devices market is projected to grow at a CAGR of ~5% during 2021-27F. With the rapid advancement in technology and rising awareness regarding the availability of advanced treatments among the population, many industry players are focusing on expanding their product portfolio by launching new products in the market due to which the portable dialysis devices market is witnessing an uptick all over the globe.
Based on the product, the market is fragmented into hemodialysis and peritoneal dialysis. The hemodialysis segment accounted for a considerable share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. The growth of this segment can be attributed to the increasing prevalence of kidney failure patients coupled with frequent innovative product launches in the market by the key market players.
Hospitals and Clinics Segment to Witness Robust growth
Based on end-users, the market is segmented into hospitals and clinics, home care settings, and others. The hospitals and clinics segment had the highest revenue and CAGR growth in the analyzed period owing to the increasing preference of patients to take dialysis procedures in hospitals and clinics owing to the well-established infrastructure and presence of trained healthcare professionals and advanced devices. However, the home care setting segment is expected to grow considerably in the upcoming years.
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North America to Grab Lion’s Share, and witnessed Explicit Growth
Based on the region, North America dominated the global portable dialysis devices market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the advancement in technology and well-established market players in the region. North America is expected to skyrocket with a CAGR of XX% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Portable Dialysis Devices Analysis, 2021”.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Portable Dialysis Devices Market include B. Braun Melsungen AG, Baxter International Inc, AllMed Healthcare Management, Inc, Asahi Kasei Corporation, Fresenius Kabi AG, AWAK Technologies, Quanta Dialysis Technologies Ltd, Medtronic Plc, Nipro, NxStage Medical Inc., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.
“Global Portable dialysis devices Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for portable dialysis device providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Product (Hemodialysis and Peritoneal Dialysis)
2. By End-Users (Hospitals and Clinics, Home Care Settings, and Others)
3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
4. By Company (B. Braun Melsungen AG, Baxter International Inc, AllMed Healthcare Management, Inc, Asahi Kasei Corporation, Fresenius Kabi AG, AWAK Technologies, Quanta Dialysis Technologies Ltd, Medtronic Plc, Nipro, NxStage Medical Inc., etc.)
Key questions answered in the study:
1. What are the current and future trends in the portable dialysis devices industry?
2. How the industry has been evolving in terms of product and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the portable dialysis devices industry?
5. What is the customer orientation, purchase behavior, and expectations from the portable dialysis devices firms across various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL PORTABLE DIALYSIS DEVICES MARKET COVID-19 IMPACT
6 GLOBAL PORTABLE DIALYSIS DEVICES MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY PRODUCT
8 MARKET INSIGHTS BY END-USERS
9 MARKET INSIGHTS BY REGION
10 PORTABLE DIALYSIS DEVICES MARKET DYNAMICS
11 PORTABLE DIALYSIS DEVICES MARKET OPPORTUNITIES
12 PORTABLE DIALYSIS DEVICES MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
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