Wearable Artificial Kidney Market Size, Share & Trends Analysis Report By Patient Type (End Stage Renal Disease, Acute Kidney Disease), By Region, Competitive Landscape, And Segment Forecasts, 2020 - 2027

Published: Oct, 2019 | Pages: 171 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global wearable artificial kidney market size is anticipated to reach USD 7.7 billion by 2027, expanding at a CAGR of 96.7%, according to a new report by Grand View Research, Inc. Increasing number of patients suffering from renal failure and technical advantages of artificial organs are anticipated to boost market growth.

Kidney failure, also known as End Stage Kidney Disease (ESRD), occurs when the organ is unable to filter waste from blood owing to several factors such as toxic environmental pollutants, glomerulonephritis, and high blood pressure. According to the National Kidney foundation (NKD), 10% of the global population is affected by chronic kidney disease (CKD) and millions of people die due to their inability to afford treatment. Thus, increasing number of patients suffering from CKD is driving the market.

At present, there are three major firms that have developed successful prototypes of wearable artificial kidney (WAK): Blood Purification Technologies Inc.; AWAK Technologies; and Dutch Kidney Foundation. The WAK prototypes designed and patented by these firms have been approved for human clinical trials by the U.S. FDA in 2016 with great success. Prior to that, WAK had been successfully tested in the E.U since 2013. WAK products, being in stage of product refinement, are refined at design and utility areas, allowing for greater patient comfort and ease of operation.

Further key findings from the study suggest:

• ESRD dominated the market by patient type in 2018 and is expected to witness the highest CAGR owing to increasing CKD patients and government awareness programs

• North America dominated the wearable artificial kidney market with the largest revenue share in 2018 owing to growing prevalence of diabetes as well as hypertension, renal failure, and technological advancements by key market players

• Key players are introducing technologically enhanced products to gain competitive advantage in the industry. For instance, in 2016, Victor Gura, MD and inventor of the WAK, announced the success of WAK version 2.0, which is a miniaturized dialysis machine that enables patients to walk around by wearing it under a garment. This device has already been clinically tested in Europe and has the potential to reduce cost of treatment for those suffering from renal diseases.

 Table of Contents 

Chapter 1 Methodology And Scope
                 1.1 Market Segmentation And Scope
                     1.1.1 Patient Type
                     1.1.2 Regional Scope
                     1.1.3 Estimates And Forecast Timeline
                 1.2 Research Methodology
                 1.3 Information Procurement
                     1.3.1 Purchased Database:
                     1.3.2 Gvr's Internal Database
                     1.3.3 Secondary Sources
                     1.3.4 Primary Research
                     1.3.5 Details of Primary Research
                 1.4 Information Or Data Analysis
                     1.4.1 Data Analysis Models
                 1.5 Market Formulation & Validation
                 1.6 Model Details
                     1.6.1 Commodity Flow Analysis (Model 1)
                         1.6.1.1 Approach 1: Commodity Flow Approach
                     1.6.2 Volume Price Analysis (Model 2)
                         1.6.2.1 Approach 2: Volume Price Analysis
                 1.7 List of Secondary Sources
                 1.8 List of Primary Sources
                 1.9 List of Abbreviations
                 1.10 Objectives
                     1.10.1 Objective 1
                     1.10.2 Objective 2
                     1.10.3 Objective 3
                     1.10.4 Objective 4
Chapter 2 Executive Summary
                 2.1 Market Outlook
                 2.2 Segment Outlook
                 2.3 Competitive Insights?
Chapter 3 Wearable Artificial Kidney Market Variables, Trends & Scope
                 3.1 Market Lineage Outlook
                     3.1.1 Parent Market Outlook
                     3.1.2 Ancillary Market Outlook
                 3.2 Penetration & Growth Prospect Mapping
                 3.3 Regulatory Framework
                 3.4 Market Dynamics
                     3.4.1 Market Driver Analysis
                         3.4.1.1 Growing Prevalence of Diabetes And Hypertension
                         3.4.1.2 Low Presence of Donor, Leading To Limited Transplantation
                         3.4.1.3 Technological Advancement
                     3.4.2 Market Restraints Analysis
                         3.4.2.1 Risk of Complications
                         3.4.2.2 Stringent Regulatory Policies For Dialysis Products
                 3.5 Wearable Artificial Kidney : Market Analysis Tools
                     3.5.1 Industry Analysis - Porter's
                         3.5.1.1 Bargaining Power of Suppliers
                         3.5.1.2 Bargaining Power of Buyers
                         3.5.1.3 Competitive Rivalry
                         3.5.1.4 Threat of New Entrants
                         3.5.1.5 Threat of New Substitutes
                     3.5.2 Swot, By Pestle Analysis
                         3.5.2.1 Political
                         3.5.2.2 Economic
                         3.5.2.3 Technological
Chapter 4 Wearable Artificial Kidney Market: Segment Analysis, By Patient Type, 2018 - 2027 (USD Million)
                 4.1 Definition And Scope
                 4.2 Patient Type Market Share Analysis, 2018 & 2027
                 4.3 Segment Dashboard
                 4.4 Global Wearable Artificial Kidney Market, By Patient Type, 2018 To 2027
                 4.5 Market Size & Forecasts And Trend Analyses, 2018 To 2027
                     4.5.1 End Stage Renal Disease (Esrd)
                         4.5.1.1 End Stage Renal Disease (Esrd), 2018 - 2027 (USD Million)
                     4.5.2 Acute Renal Disease
                         4.5.2.1 Acute Renal Disease, 2018 - 2027 (USD Million)
Chapter 5 Wearable Artificial Kidney Market: Regional Market Analysis, By Patient Type 2018 - 2027 (USD Million)
                 5.1 Definition & Scope
                 5.2 Regional Market Share Analysis, 2018 & 2027
                 5.3 Regional Market Dashboard
                 5.4 Regional Market Snapshot
                 5.5 Market Size, & Forecasts, Volume And Trend Analysis, 2018 To 2027
                 5.6 North America
                     5.6.1 North America Market Estimates And Forecast, By Country, 2018-2027 (USD Million)
                     5.6.2 North America Wearable Artificial Kidney Market, By Patient Type, 2018 - 2027 (USD Million)
                     5.6.3 U.S.
                         5.6.3.1 U.S. Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.6.4 Canada
                         5.6.4.1 Canada Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                 5.7 Europe
                     5.7.1 Europe Wearable Artificial Kidney Market, By Country, 2018 - 2027 (USD Million)
                     5.7.2 Europe Wearable Artificial Kidney Market, By Patient Type, 2018 - 2027 (USD Million)
                     5.7.3 U.K.
                         5.7.3.1 U.K. Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.7.4 Germany
                         5.7.4.1 Germany Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.7.5 France
                         5.7.5.1 France Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.7.6 Italy
                         5.7.6.1 Italy Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.7.7 Spain
                         5.7.7.1 Spain Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                 5.8 Asia Pacific
                     5.8.1 Asia Pacific Wearable Artificial Kidney Market, By Country, 2018 - 2027 (USD Million)
                     5.8.2 Asia Pacific Wearable Artificial Kidney Market, By Patient Type, 2018 - 2027 (USD Million)
                     5.8.3 Japan
                         5.8.3.1 Japan Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.8.4 China (Mainland)
                         5.8.4.1 China (Mainland) Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.8.5 India
                         5.8.5.1 India Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.8.6 Australia
                         5.8.6.1 Australia Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.8.7 South Korea
                         5.8.7.1 South Korea Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                 5.9 Latin America
                     5.9.1 Latin America Wearable Artificial Kidney Market, By Country, 2018 - 2027 (USD Million)
                     5.9.2 Latin America Wearable Artificial Kidney Market, By Patient Type, 2018 - 2027 (USD Million)
                     5.9.3 Brazil
                         5.9.3.1 Brazil Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.9.4 Mexico
                         5.9.4.1 Mexico Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.9.5 Argentina
                         5.9.5.1 Argentina Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.9.6 Colombia
                         5.9.6.1 Colombia Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                 5.10 Mea
                     5.10.1 Mea Wearable Artificial Kidney Market, By Country, 2018 - 2027 (USD Million)
                     5.10.2 Mea Wearable Artificial Kidney Market, By Patient Type, 2018 - 2027 (USD Million)
                     5.10.3 South Africa
                         5.10.3.1 South Africa Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.10.4 Saudi Arabia
                         5.10.4.1 Saudi Arabia Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
                     5.10.5 Uae
                         5.10.5.1 Uae Wearable Artificial Kidney Market, 2018 - 2027 (USD Million)
Chapter 6 Wearable Artificial Kidney Market - Competitive Analysis
                 6.1 Recent Developments & Impact Analysis, By Key Market Participants
                     6.1.1 Ansoff Matrix
                 6.2 Private Companies
                     6.2.1 Regional Network Map
                     6.2.2 Company Market Position Analysis
                 6.3 Company Profiles
                     6.3.1 Blood Purification Technologies Inc.
                         6.3.1.1 Company Overview
                         6.3.1.2 Financial Performance
                         6.3.1.3 Product Bechmarking
                         6.3.1.4 Strategic Initiatives
                     6.3.2 Dutch Kidney Foundation
                         6.3.2.1 Company Overview
                         6.3.2.2 Financial Performance
                         6.3.2.3 Product Bechmarking
                         6.3.2.4 Strategic Initiatives
                     6.3.3 Awak Technologies
                         6.3.3.1 Company Overview
                         6.3.3.2 Financial Performance
                         6.3.3.3 Product Bechmarking
                         6.3.3.4 Strategic Initiatives

List of Tables

Table 1. List of secondary sources
Table 2. List of abbreviation
Table 3. North America wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Table 4. North America wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 5. U.S. wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 6. Canada wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 7. Europe wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Table 8. Europe wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 9. U.K. wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 10. Germany wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 11. France wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 12. Italy wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 13. Spain wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 14. Asia Pacific wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Table 15. Asia Pacific wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 16. China wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 17. India wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 18. South Korea wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 19. Australia wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 20. Japan wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 21. Latin America wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Table 22. Latin America wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 23. Brazil wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 24. Mexico wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 25. Argentina wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 26. Colombia wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 27. Middle East & Africa wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Table 28. Middle East & Africa wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 29. South Africa wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 30. Saudi Arabia wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Table 31. UAE wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)

List of Figures

Fig 1. Wearable artificial kidney market segmentation
Fig 2. Market research process
Fig 3. Information procurement
Fig 4. Primary research pattern
Fig 5. Market research approaches
Fig 6. Value-chain-based sizing & forecasting
Fig 7. QFD modeling for market share assessment
Fig 8. Market formulation & validation
Fig 9. Market outlook (2018)
Fig 10. Segment Outlook
Fig 11. Strategy framework
Fig 12. Penetration & growth prospect mapping
Fig 13. Consumer behavior analysis
Fig 14. Factors influencing North America wearable artificial kidney market (%)
Fig 15. Factors influencing Europe wearable artificial kidney market (%)
Fig 16. Factors influencing Asia Pacific wearable artificial kidney market (%)
Fig 17. Factors influencing Latin America wearable artificial kidney market (%)
Fig 18. Factors influencing Middle East and Africa wearable artificial kidney market (%)
Fig 19. Market driver relevance analysis (current & future impact)
Fig 20. Market restraint relevance analysis (current & future impact)
Fig 21. Market challenge relevance analysis (current & future impact)
Fig 22. Porter's five forces analysis
Fig 23. PESTLE (political & legal, economic and technological) Analysis
Fig 24. Strategy mapping
Fig 25. Wearable artificial kidney market: patient type movement analysis
Fig 26. Segment dashboard
Fig 27. Wearable artificial kidney market patient type outlook: Key takeaways
Fig 28. End Stage Renal Disease market, 2018 - 2027 (USD Million)
Fig 29. Acute Renal Disease market, 2018 - 2027 (USD Million)
Fig 30. Regional outlook, 2018 & 2027
Fig 31. Regional market dashboard
Fig 32. Regional market place: Key takeaways
Fig 33. North America wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Fig 34. North America wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Fig 35. U.S. wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 36. Canada wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 37. Europe wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Fig 38. Europe wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Fig 39. U.K. wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 40. Germany wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 41. France wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 42. Italy wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 43. Spain wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 44. Asia Pacific wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Fig 45. Asia Pacific wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Fig 46. Japan wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 47. China (Mainland) wearable artificial kidney , 2018 - 2027 (USD Million)
Fig 48. India wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 49. Australia wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 50. South Korea wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 51. Latin America wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Fig 52. Latin America wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Fig 53. Brazil wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 54. Mexico wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 55. Argentina wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 56. Colombia wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 57. MEA wearable artificial kidney market, by country, 2018 - 2027 (USD Million)
Fig 58. MEA wearable artificial kidney market, by patient type, 2018 - 2027 (USD Million)
Fig 59. South Africa wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 60. Saudi Arabia wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 61. UAE wearable artificial kidney market, 2018 - 2027 (USD Million)
Fig 62. Ansoff Matrix
Fig 63. Regional network map