Wearable Artificial Kidney Market Size, Share, And Growth Report 2032

Wearable Artificial Kidney Market Size

The global Wearable Artificial Kidney market size was worth around USD 8.10 billion in 2023 and is predicted to grow to around USD 23.95 billion by 2032 with a compound annual growth rate (CAGR) of roughly 12.8% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Wearable Artificial Kidney market on a global and regional level.

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Wearable Artificial Kidney Market: Overview

The study includes drivers and restraints for the Wearable Artificial Kidney market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Wearable Artificial Kidney market on a global level. In order to give the users of this report a comprehensive view on the Wearable Artificial Kidney market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein indication, and regional segments are benchmarked based on their market size, growth rate and general attractiveness.

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As alternative to dialysis and other externally wearable devices, the Wearable Artificial Kidney can tether patients and limit their mobility. Powered by the body's own blood pressure, the system does not require portable artificial kidney-related external tubes or tethers.

Wearable Artificial Kidney Market: Segmentation

The study provides a decisive view on the Wearable Artificial Kidney market by segmenting the market based on indication and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on the indication segment, the market is bifurcated into Acute Renal Disease  and End Stage Renal Disease. ESRD dominated the market by indication of patient in 2023 and is projected to be the highest CAGR due to increased recognition of CKD patients and government programs.

Wearable Artificial Kidney Market: Report Scope

Wearable Artificial Kidney Market: Regional Analysis

The geographical segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to the increasing prevalence of diabetes as well as hypertension, renal failure and technological advances by key market players, North America dominated the wearable artificial kidney market with the largest revenue share in 2023.

Wearable Artificial Kidney Market: Competitive Players

Key players within global Wearable Artificial Kidney market includ:

• Blood Purification Technologies Inc
• AWAK Technologies
• Dutch Kidney Foundation

The Global Wearable Artificial Kidney Market is segmented as follows:

Global Wearable Artificial Kidney Market: Indication Segment Analysis

• Acute Renal Disease
• End Stage Renal Disease

Global Wearable Artificial Kidney Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa