- Category : Healthcare
- Region : Global
- Publishing Date : 03/01/2020
Global Artificial Kidney Market, By Type (Wearable Artificial Kidney & Implantable Artificial Kidney), By End User (Hospitals, Speciality Clinics, Ambulatory surgical Centres and Others), By Region - Industry Analysis & Forecast to 2024
The global artificial kidney market anticipated to witness a double-digit growth rate in the upcoming years.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial kidney market. The historic years considered for the study are 2015-2017, the base year is 2018, estimated year is 2019, and forecast period is 2019-2024.
Key market players involved in the global artificial kidney market include B. Braun Melsungen AG, Asahi Kasei Medical Vo., Ltd., Medtronic, Kawasumi Laboratories, Inc., NIPRO Medical Corporation, Nikkiso Co. Ltd., DaVita Inc., Baxter, Merit Medical Systems, Inc., Fresenius, and Xcorporeal Inc.
Market Definition
The artificial kidney is also referred as haemodialyzer. It is a portable medical device used to filter blood of the patients diagnosed with kidney damage. The device enables patients to experience benefits of kidney dialysis any time anywhere without any need of hospitalization. The device also allows the individuals to perform their day to day work during dialysis process. It is an alternative to kidney dialysis for the patients suffering from chronic kidney diseases and need renal replacement therapies. The artificial kidney improves the patient’s life by eliminating hospital stay and by allowing smooth dialysis process. The artificial kidney consists of Nano filters that remove toxins, salts, water contents and other small molecules.
Market Drivers
Growing number of patients suffering from Kidney diseases
Increasing research and development in improving dialysis experience
Growing geriatric population
Limited availability of kidney donors
Growing Need for alternative solution for dialysis
Favorable reimbursement policies
Market Restrains
High cost of the product
Non favourable regulatory framework in developing countries
Market Opportunities
Increasing awareness about advanced technology
Regional Analysis
North America: North American region is expected to contribute major share to the global artificial kidney market, owing to increasing awareness of advanced technology, large number of manufacturers involved in production of artificial kidney, growing number of individuals suffering from kidney diseases and large investments in the sector by government and private organizations.
Europe: European region is anticipated to share market after North America attributed to the growing renal diseases and increasing adoption for non-invasive procedure.
Asia-Pacific: Asia-Pacific region is expected to witness significant growth in the artificial kidney market. The growth in this region is attributed to growing geriatric population, increasing cases of kidney diseases, growing economy, and increasing awareness about the latest technology.
Critical Questions Answered in the report
What are the key trends in the global artificial kidney market?
How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
What are the key strategies adopted by the major vendors to lead in the global artificial kidney market?
What is the market share of the top vendors?
Our research methodology consists of both primary and secondary research, wherein primary research data comprises of 85% and secondary research data comprises of 15%. It involved the extensive secondary sources such as annual reports of the leading healthcare manufacturers, healthcare associations and the leading healthcare industry associations. The research also involved the usage of paid databases such as Bloomberg, Factiva, Hoovers, and many others, in order to collect information useful for a technical and market-oriented study of the artificial kidney market. The primary sources mainly includes industry experts from healthcare industries and preferred suppliers, healthcare manufacturers, technologists, certified organizations, healthcare associations and organizations related to all segments of this value chain. Primary interviews were organized and conducted with various primary respondents of this industry. These includes subject matter experts (SMEs), healthcare industry participants, industry consultants, and executives of leading companies. We conduct in-depth interviews with these people in order to gain meaningful qualitative and quantitative information and also analyze the future prospects.
Primary Research
The artificial kidney market involves the various stakeholders in the whole supply chain such as equipment suppliers and end-use manufacturers. The extensive primary research was conducted in order to gain a meaningful insights about the market and industry growth. For the artificial kidney report, we have conducted primary surveys with the key level executives (VPs, CEOs, marketing directors, and business development managers, among others) of the major manufacturers active in the healthcare industry. In addition to analyzing the current and historical trends, our analysts predict where the market is headed in the next five years.
Secondary Research
Secondary research was mainly used to collect and identify information useful for an extensive, technical, market-oriented, and commercial study of the global artificial kidney market. It was also used to obtain key information about major players, market classification and segmentation according to industry trends, geographic markets, and developments related to the market and technology. We have gone through various credible sources such as annual reports, journals, white papers, SEC filings, company websites, and paid databases.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing number of patients suffering from Kidney diseases
4.2.2 Increasing research and development in improving dialysis experience
4.2.3 Growing geriatric population
4.2.4 Limited availability of kidney donors
4.2.5 Growing Need for alternative solution for dialysis
4.2.6 Favorable reimbursement policies
4.3 Restraints
4.3.1 High Cost of the Product
4.3.2 Non favourable regulatory framework in developing countries
4.4 Opportunities
4.4.1 Increasing awareness about advanced technology
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Regulatory Landscape
5 Global Artificial Kidney Market, By Type
5.1 Introduction
5.2 Wearable Artificial Kidney
5.3 Implantable Artificial Kidney
6 Global Artificial Kidney Market, By End User
6.1 Introduction
6.2 Speciality Clinics
6.3 Ambulatory surgical Centres
6.4 Apicoectomy
6.5 Hospitals
6.6 Others
7 Global Artificial Kidney Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Italy
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 South Korea
7.4.5 Rest of the Asia Pacific
7.5 Middle East and Africa
7.5.1 South Africa
7.5.2 Saudi Arabia
7.5.3 UAE
7.5.4 Rest of Middle East and Africa
7.6 South America
7.6.1 Brazil
7.6.2 Argentina
7.6.3 Rest of South America
8 Competitive Landscape
8.1 Introduction
8.2 Vendor Evaluation Criteria
8.3 Vendor Share Analysis, 2019 (%)
8.4 Recent Developments, 2016-2019
8.4.1 New Type Launches
8.4.2 Partnerships
8.4.3 Mergers or Acquisitions
8.4.4 Business Expansions
9 Company Profiles
(This section covers the Business Overview, Financial Overview, Type and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
9.1 B. Braun Melsungen AG
9.2 Asahi Kasei Medical Vo., Ltd.
9.3 Medtronic, Kawasumi Laboratories, Inc.
9.4 NIPRO Medical Corporation
9.5 Nikkiso Co. Ltd.
9.6 DaVita Inc.
9.7 Baxter
9.8 Merit Medical Systems, Inc.
9.9 Fresenius
9.10 Xcorporeal Inc.
10 Appendix
10.1 Discussion Guide
10.2 Customization Options
10.3 Related Reports
List of Tables
Table 1 Global Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 2 Global Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 3 Global Artificial Kidney Market, By Region, 2015-2024 (USD Million)
Table 4 North America Artificial Kidney Market, By Country, 2015-2024 (USD Million)
Table 5 North America Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 6 North America Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 7 US Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 8 US Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 9 Canada Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 10 Canada Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 11 Mexico Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 12 Mexico Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 13 Europe Artificial Kidney Market, By Country, 2015-2024 (USD Million)
Table 14 Europe Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 15 Europe Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 16 Germany Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 17 Germany Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 18 UK Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 19 UK Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 20 France Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 21 France Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 22 Italy Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 23 Italy Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 24 Spain Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 25 Spain Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 26 Rest of Europe Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 27 Rest of Europe Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 28 Asia-Pacific Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 29 Asia-Pacific Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 30 China Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 31 China Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 32 India Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 33 India Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 34 Japan Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 35 Japan Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 36 South Korea Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 37 South Korea Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 38 Rest of Asia-Pacific Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 39 Rest of Asia-Pacific Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 40 Middle East and Africa Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 41 Middle East and Africa Artificial Kidney Market, By End User, 2015-2024 (USD Million)
Table 42 South America Artificial Kidney Market, By Type, 2015-2024 (USD Million)
Table 43 South America Artificial Kidney Market, By End User, 2015-2024 (USD Million)
List of Figures
Figure 1 Global Artificial Kidney Market: Segmentation
Figure 2 Global Artificial Kidney Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Artificial Kidney Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Artificial Kidney Market: Porter's Five Forces Model Analysis
Figure 9 Global Artificial Kidney Market: Value Chain Analysis
Figure 10 Global Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 11 Global Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 12 Global Artificial Kidney Market Share Analysis, By Region, 2019 and 2024
Figure 13 North America Artificial Kidney Market Share Analysis, By Country, 2019 and 2024
Figure 14 North America Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 15 North America Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 16 Europe Artificial Kidney Market Share Analysis, By Country, 2019 and 2024
Figure 17 Europe Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 18 Europe Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 19 Asia-Pacific Artificial Kidney Market Share Analysis, By Country, 2019 and 2024
Figure 20 Asia-Pacific Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 21 Asia-Pacific Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 22 Middle East and Africa Artificial Kidney Market Share Analysis, By Country, 2019 and 2024
Figure 23 Middle East and Africa Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 24 Middle East and Africa Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 25 South America Artificial Kidney Market Share Analysis, By Country, 2019 and 2024
Figure 26 South America Artificial Kidney Market Share Analysis, By Type, 2019 and 2024
Figure 27 South America Artificial Kidney Market Share Analysis, By End User, 2019 and 2024
Figure 28 Global Artificial Kidney Market: Competitive Benchmarking
Figure 29 Global Artificial Kidney Market: Vendor Share Analysis