Wearable Artificial Kidney

Posted December 20, 2018 by sainath

Asia Pacific was the largest region in the nephrology and urology devices market in 2017, accounting for around 34% of the total market. The USA was the largest market accounting for around 21% of the total market.
The global nephrology and urology devices market, a part of the healthcare industry, grew at a compound annual growth rate (CAGR) of around 5% during the historic period. The healthcare industry showed a steady growth. The growth is mainly driven by growing number of patients suffering from diabetes and hypertension, kidney related diseases and rising adoption of dialysis procedures over renal transplants are driving the market.

In the forecast period, the global nephrology and urology devices market size is expected to be over $20 billion by 2021, growing at a CAGR of nearly 4%. This is expected due to the expected increase in development of minimally invasive treatment. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global nephrology and urology devices market in the future.

Find TBRC’s report on the nephrology and urology devices market: https://www.thebusinessresearchcompany.com/report/nephrology-and-urology-devices-global-market-report-2018

Wearable artificial kidney is a new trend shaping the nephrology and urology device market and replaces stationary hemodialysis machines. Traditionally, patients undergoing a renal replacement surgery had to be subjected to large blood cleansing machines, disabling free movement and freedom of living. In 2015, the FDA approved the clinical testing of wearable artificial kidney and in 2016, a prototype was tested in the University of Washington.

Major companies in the nephrology and urology devices market, offering weaarable technology include Baxter International Inc., Fresenius Medical Care AG & KGaA and Cook Group Incorporated.

Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=266&type=smp

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Sainath
Phone 02071930708
Business Address 47 Anchorage Point, 42 Cuba Street, Canary Wharf, London, England, E14 8NE
Country United Kingdom
Categories Business , Health , Services
Tags dialysis device market report , nephrology and urology devices market report , urinary device market report , urinary stone treatment device market
Last Updated December 20, 2018