Report : North America Portable and Wearable Dialysis Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Hemodialysis and Peritoneal Dialysis); End users (Hospital, Clinic, and Home), and Country
HemodialysisProduct TypeSegmenttoWitnessHigher CAGRduringForecast Period
According to the latest report on “North AmericaPortable and Wearable Dialysis Devices MarketForecast to 2027 – COVID-19 Impact and Analysis –by Product Type and End User,”the market was valued at US$ 1,208.19 million in 2019 and is projectedto reach US$ 1,799.71 millionby2027; it is expected to grow at a CAGR of 5.4%during 2020–2027. The report highlights trends prevailing in the North Americaportable and wearable dialysis devices market and the factors driving market along with those that act as hindrances.
Based on product type, the North Americaportable and wearable dialysis devices market is segmented into hemodialysis and peritoneal dialysis. In 2019, thehemodialysis product type segment held a largershare of the market. Also, the segment isexpected to grow at a fasterrate duringthe forecast period.
The growth in North America is characterized by increase in the rapidly growing end-stage renal disease and chronic kidney disease, presence of key market players and extensive R&D conducted by various academic and research institutes. In addition, there is also a boom in public healthcare expenditure and an increase in the awareness programs that are further expected to stimulate the growth of portable and wearable dialysis devices market in North America. The outbreak of the COVID-19 pandemic is estimated to less impact on the portable and wearable dialysis device market during the forecast period. It is likely to owe several growth opportunities for the market in the coming years. However, at present and in the following few years is expected to show a negative impact on market growth.
B. Braun Melsungen AG, Baxter International Inc.,Asahi Kasei Corporation, Fresenius Kabi AG, and Medtronic amongst others are among the leading companies operating in the North Americaportable and wearable dialysis devices market.
The report segments North AmericaPortable and Wearable Dialysis Devices Marketas follows:
By Product Type
By End User