Portable Dialysis Machines Market
Portable Dialysis Machines Market By Product Type (Portable Dialysis Machines For Home Use, Wearable Dialysis Machine), By End-Use (Clinics, Home Care Settings, Others) & By Region (Europe, South Asia, East Asia) - Global Market Insights 2022 to 2032
Analysis of Portable Dialysis Machines Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Portable Dialysis Machines Market Outlook 2022 to 2032
The global portable dialysis machine market is expected to grow with a CAGR of 10.1% in the forecast duration. This valuation at present is USD 19.27 Billion in 2022. The global portable dialysis machine market is estimated to cross a value of USD 45.80 Billion by end of the year 2032.
Report Attributes |
Details |
---|---|
Portable Dialysis Machines Market size (2022 A) |
USD 19.27 Billion |
Base Year for Estimation |
2022 |
Forecast duration for this research |
2022-2032 |
Forecasted Market value (2032 F) |
USD 45.80 Billion |
Global Market Growth rate (2022-2032 E) |
CAGR of 10.1% |
Key Companies Profiled |
|
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What are the Drivers of growth in the Portable Dialysis Machines Market?
Dialysis is a crucial treatment for patients suffering from kidney disease. The need for portable dialysis is based on the reason not only to reduce the travelling time but also the processing time of dialysis. Portable and home-based dialysis machines can make patients’ lives easier. There is a rising risk of renal failure due to an increase in non-communicable diseases such as diabetes. These patients require easy-to-use dialysis machines which are portable and can be carried while travelling.
There is also a surge in demand for portable dialysis machines from the ageing populace, which requires a higher frequency of dialysis. This contributes to the rising demand for portable dialysis machines. Patients who are not capable of managing sudden changes in fluid balance require dialysis on an urgent basis. These factors are likely to open opportunities for portable dialysis machine manufacturers in the forecast period.
Medical device markets have remained out-focused by the vendors so far, resulting in making dialysis more rigid and inconvenient for users. The changing lifestyles have stimulated the incidences of chronic diseases globally, which further drives demand for portable dialysis machinery.
The recent pandemic has stimulated the growth of portable dialysis machines owing to lockdown situations and homestays for a longer time. The pandemic season noticed a rise in demand for home dialysis as it marked more patients were treated in home dialysis than in-centre dialysis.
Restraints faced by Global Portable Dialysis Markets
The manufacturers of portable dialysis machines face hurdles due to complex manufacturing and lack of innovation. Moreover, dialysis machine production requires high-cost investments, which are challenging for vendors to arrange. There is a lack of training and research for the users of portable dialysis machines. The start-ups face difficulties right from arranging the cost of production to managing supply chain consistencies resulting in disparities between demand and supply of dialysis machines.
The demand for portable dialysis is financially burdening for many patients, which is likely to affect the growth of the portable dialysis machine market. The fluctuating raw part prices have affected the production of portable dialysis market players, where the supply and distribution network was disturbed due to the pandemic.
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Technologies Opening Opportunities in Portable Dialysis Machines Market
Sales of Portable dialysis machines are expected to notice a rise in forecast durations owing to a rise in the need for portable and home dialysis machines. These machines open the scope for the utilization of technologies such as artificial intelligence that link symptoms with treatment algorithms.
The use of cutting-edge technologies is expected from the manufacturers to get benefits out of lucrative market opportunities. Manufacturers focus on the optimization of devices according to all age groups.
This pattern in dialysis machine production is expected to be continued even for the forecast duration. AI solutions are now extensively used in both medical and non-medical fields. These new algorithms lead to higher complex medical situations aided by machine learning that beats human accuracy.
Segment wise analysis
Wearable dialysis machines to drive growth in the forecast duration
As per types of product, the home dialysis machines are likely to drive sales in forecast duration owing to the need for avoiding travelling and the time needed for dialysis in canters. However, wearable dialysis devices are also expected to see growth in future years owing to the need for dialysis machines that are easy to carry.
The wearable portable dialysis devices were challenges to overcome two major design problems of conventional dialysis machines- Firstly, to function with the use of powerful yet lightweight pumps, and secondly, to not rely on fresh dialysate. These portable wearables are intended to work of reuse of spend dialysate. Wearable devices aided with these technologies will likely see the highest growth rate in the forecast duration.
Based on the end users, the clinics notice the highest demand for portable dialysis machines while the home care settings are expected to mark fasted CAGR in forecast duration owing to the rising adoption of home dialysis and wearable dialysis machines by users post-pandemic.
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Competitive landscape highlights only certain players
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Regional Insights
North America likely to fetch large market share in Portable Dialysis Machines
North America is expected to hold the largest share in the global portable dialysis machines market owing to the rising number of chronic disease patients in the region. Nearly 60% of Americans suffer from at least one chronic disorder, which increases the demand for portable dialysis machines.
As per the Partnership to Fight Chronic Disease publication’s recent findings, treatment of the seven most common chronic diseases, including losses in productivity, will cost $2 trillion dollars annually to the US economy by 2030. This has opened the scope for portable dialysis machine manufacturers in the forecast duration within the region.
The Asia Pacific region is estimated to grow in terms of the portable dialysis machines segment, with the fastest rate of CAGR followed by a dynamic rise in kidney diseases in these countries. The lower food quality and nutrition standards in public consumption are drivers of this rising disease-prone populace.
The governments are supportive of technological innovation in medical devices, also opening ways for funding to vendors that are likely to gain positive growth prospects for the future.
Competitive landscape
Manufacturers Pumping in More Investments in the Market
The portable dialysis machines market is highly competitive where vendors are focused on the expansion of their supply chain to generate dominance. The key industry players investing more in the research and optimization of machine designs in order to launch wearable forms of dialysis equipment.
As the market is expanding these players need the high cost of production and maintenance of standards to ensure profit margin in the longer run. Companies working on product size and optimization of designs are likely to succeed in getting the attention of users.
- The System One developed by NxStage is the first and the only portable hemodialysis system approved in the US. These machines are capable of performing solo dialysis taking care of patients and caretaking partners’ sleep.
- The recent invention by Quanta SC+ has introduced proprietary disposable options that generate dialysate as per demand and eliminate disinfection needs. This portable dialysis machine is weighing only 32 Kg which is considerably compact and capable of being used in clinics and home setups.
Global portable dialysis machines market is segmented on the basis of product type, end-user, and region:
-
By Product Type :
- Portable Dialysis Machines for Home Use
- Wearable Dialysis Machine
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By End User :
- Clinics
- Home Care Settings
- Others
-
By Region :
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. End User 7. Global Market Analysis and Forecast, By Product Type 7.1. Portable Dialysis Machines for Home Use 7.2. Wearable Dialysis Machine 8. Global Market Analysis and Forecast, By End User 8.1. Clinics 8.2. Home Care Settings 8.3. Others 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type and End User for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Cantel Medical. 19.2. Quanta Dialysis Technologies 19.3. Outset Medical 19.4. Nxstage
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List Of Table
Table 1: Global Market US$ Bn Forecast by Region
Table 2: Global Market US$ Bn Forecast by Product Type
Table 3: Global Market US$ Bn Forecast by End User
Table 4: North America Market US$ Bn Forecast by Country
Table 5: North America Market US$ Bn Forecast by Product Type
Table 6: North America Market US$ Bn Forecast by End User
Table 7: Latin America Market US$ Bn Forecast by Country
Table 8: Latin America Market US$ Bn Forecast by Product Type
Table 9: Latin America Market US$ Bn Forecast by End User
Table 10: Western Europe Market US$ Bn Forecast by Country
Table 11: Western Europe Market US$ Bn Forecast by Product Type
Table 12: Western Europe Market US$ Bn Forecast by End User
Table 13: Eastern Europe Market US$ Bn Forecast by Country
Table 14: Eastern Europe Market US$ Bn Forecast by Product Type
Table 15: Eastern Europe Market US$ Bn Forecast by End User
Table 16: East Asia Market US$ Bn Forecast by Country
Table 17: East Asia Market US$ Bn Forecast by Product Type
Table 18: East Asia Market US$ Bn Forecast by End User
Table 19: South Asia & Pacific Market US$ Bn Forecast by Country
Table 20: South Asia & Pacific Market US$ Bn Forecast by Product Type
Table 21: South Asia & Pacific Market US$ Bn Forecast by End User
Table 22: MEA Market US$ Bn Forecast by Country
Table 23: MEA Market US$ Bn Forecast by Product Type
Table 24: MEA Market US$ Bn Forecast by End User
Table 25: Region Market US$ Bn Forecast by Country
Table 26: Region Market US$ Bn Forecast by Product Type
Table 27: Region Market US$ Bn Forecast by End User
Table 28: North America Market US$ Bn Forecast by Country
Table 29: North America Market US$ Bn Forecast by Product Type
Table 30: North America Market US$ Bn Forecast by End User
Table 31: Latin America Market US$ Bn Forecast by Country
Table 32: Latin America Market US$ Bn Forecast by Product Type
Table 33: Latin America Market US$ Bn Forecast by End User
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 25: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 26: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 27: Region Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 28: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 29: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 30: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 31: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 32: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by End User
Figure 33: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Which Region Dominates Portable Dialysis Machines Market?
North America reigns in portable dialysis machines market share.
What are Key Companies Operating in the Portable Dialysis Machine Market?
Key companies in the portable dialysis machines market are- Cantel Medical, Quanta Dialysis Technologies, Outset Medical, and nxstage.
Which Type of Portable Dialysis Machine is expected to drive more demand?
Wearable dialysis machines are expected to drive demand in the forecast duration owing to the rising adoption of portable dialysis by users.
What is the Current Market Lookout for Colored Contact Lenses Market?
The global portable dialysis machine market in 2022 is valued at USD 19.27 Billion.