Europe Portable and Wearable Dialysis Devices Market Dynamics and Trends by 2027
Europe 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
- Status : Published
- Report Code : TIPRE00013024
- Category : Life Sciences
- No. of Pages : 94
- Available Report Formats :
- Last update date : October 07, 2020
2019 Market Size
US$ 762.12 Mn
Base year value
2027 Forecast
US$ 1,069.02 Mn
Projected by 2027
CAGR 2020-2027
%
Growth rate
Addressable Market
US$ 6,096.96 Mn
(2020-2027)
The Europe portable and wearable dialysis devices market is expected to reach US$ 1,069.02 million by 2027 from US$ 762.12 million in 2019.
The growth of the Europe portable and wearable dialysis devices market is attributed to increasing prevalence of ESRD and chronic kidney conditions. Further, increasing awareness and adoption of wearable dialysis devices and aging population are also projected to drive the market growth during the forecast period. Further, growing number of technological advancements in dialysis devices to deal with chronic kidney conditions are also anticipated to accelerate the market growth. 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 Europe Portable and Wearable Dialysis Devices market in the coming years. However, at present and in the following few years is expected to show a negative impact on market growth.
Significant gap between demand and supply for organ donation creates a lucrative opportunity for growth of the portable and wearable dialysis devices in the region. For instance, according to data published on NCBI in 2020, organ donation and transplantation was very low, i.e. 9.7 organ donations per million population was observed in Germany. Also, the country ranked 39th across the globe and 24th in European Union. Such considerably lower rate of organ donation is likely to drive the growth of the Europe portable and wearable dialysis devices market during the forecast period.
Germany is among the major countries in the portable and wearable dialysis devices market in this region. Germany is known for the advancement in the technology. This is leading the country in forefront in the medical and healthcare sectors. The country has witnessed the growing number of the partnership in recent years. For instance, A German hospital in 2016 has begun collaboration with a Singapore-based AWAK Technologies on a wearable artificial kidney for children suffering from renal diseases. The clinical trials will take place in University Children's Hospital Tübingen. Such strategic moves are likely to drive the market growth during the forecast period.
Europe Portable and wearable dialysis devices market Revenue and Forecast to 2027 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Portable and Wearable Dialysis Devices Market Segmentation
By Product Type
- Hemodialysis
- Peritoneal Dialysis
By End User
- Hospital
- Clinic
- Home
By Country
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- B. Braun Melsungen AG
- Baxter International Inc.
- Asahi Kasei Corporation
- Fresenius Kabi AG
- Medtronic
Europe Portable and Wearable Dialysis Devices Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 762.12 Million |
| Market Size by 2027 | US$ 1,069.02 Million |
| CAGR (2020 - 2027) | XX% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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