Wearable artificial kidney is a compact machine that works similarly to a regular dialysis machine. It filters waste and excess fluid from the blood outside the body for patients whose kidneys have failed. The traditional dialysis process involves hooking patients to a large dialysis machine for several hours, multiple times a week. However, with wearable artificial kidneys, patients will have the freedom and flexibility to go about their daily lives without being physically tied to a dialysis center or machine. This portable technology could help improve quality of life for kidney failure patients.
Market Dynamics:
Global wearable artificial kidney market growth is driven by rising prevalence of end-stage renal disease, growing geriatric population, increasing demand for home hemodialysis treatment, and technological advancements in portable and wearable medical devices. However, high development costs associated with wearable artificial kidneys, long approval timelines from regulatory authorities, and lack of reimbursement policies in some countries hampers the market growth. Ongoing R&D activities to develop more efficient and miniaturized wearable dialysis systems are expected to create lucrative opportunities for market players over the forecast period.
Key Features of the Study:
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