What is Portable and Wearable Dialysis Devices Market?
Portable and wearable dialysis devices are the devices used for the treatment of patients with end-stage kidney disease. These devices allow patients to continue with their daily activities of life while undergoing dialysis that improves the quality of life. Increased Prevalence of Kidney Diseases and Increased Number of Diagnostic Centres and Hospitals are the driving factors for the Portable and Wearable Dialysis Devices Market. The factors such as Less Awareness about Devices in People and High Cost of the Portable and Wearable Dialysis Devices are restraining the growth of the market.
The market study is being classified by Type (Peritoneal Dialysis and Hemodialysis) and major geographies with country level break-up.
Nipro Corporation (Japan), B. Braum (Germany), NxStage Medical, Inc. (United States), Toray Industries (Japan), NIKKISO CO., LTD (Japan), NephroCan (Canada), Quanta Dialysis Technologies (United Kingdom), NxStage Medical, Inc. (United States), Henry Schein Inc. (United States) and Toray Medical Co., Ltd. (Japan) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Portable and Wearable Dialysis Devices market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Portable and Wearable Dialysis Devices market by Type, Application and Region.
On the basis of geography, the market of Portable and Wearable Dialysis Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Kidney Diseases
- Increased Number of Diagnostic Centres and Hospitals
Market Trend
- Increased Research and Development Activities
- Increased Number of Online Customers
Restraints
- Less Awareness about Devices in People
- High Cost of the Portable and Wearable Dialysis Devices
Opportunities
- Growing Geriatric Population Worldwide
- Growth in the Healthcare Industry
Challenges
- Less Knowledge about Use of Devices
- Stringent Government Rules and Regulations
Key Target Audience
Portable and Wearable Dialysis Devices Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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