The artificial kidney, also called as haemodialyzer, is a device used to filter blood of the person suffering from kidney damage. Artificial kidney is an alternate to kidney dialysis or transplantation for patients with chronic kidney diseases. An artificial kidney will provide the benefit of continuous blood filtration. It would reduce kidney disease illness and increase the quality of life for patients.
The artificial kidney market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of science & technology, growing disposable income, increasing life expectancy and growing geriatric population. The market is likely to showcase opportunities for the untapped markets and growing awareness among patients.
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Key Players:
1. Medtronic
2. B. Braun Melsungen AG
3. Nikkiso Co., Ltd.
4. Kawasumi Laboratories, Inc.
5. Fresenius SE & Co. KGaA
6. Baxter
7. Asahi Kasei Medical Co., Ltd.
8. DaVita Inc.
9. Merit Medical Systems
10. NIPRO Medical Corporation
North America is expected to contribute to the largest share in the artificial kidney market in the forecast period owing to the strong research and development activities by research centers in the region for development artificial kidney. Asia Pacific is expected to be the fastest growing region due to increase in the healthcare expenditure, rise in the prevalence of the kidney disease in the population.
The report analyzes factors affecting Artificial Kidney market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Artificial Kidney market in these regions.
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