HemodialysisProduct TypeSegmenttoRegisterHigher CAGRduringForecast Period
According to the latest report on “Middle East and Africa Portable and Wearable Dialysis Devices Market Forecast to 2027 – Covid-19 Impact and Analysis - by Product Type, End Users, and Country,”the market was valued at US$ 152.54 million in 2019 and is projectedto reach US$ 202.12 millionby2027; it is expected to grow at a CAGR of 3.8%during 2020–2027. The report highlights trends prevailing in the Middle East and Africa portable and wearable dialysis devices market and the factors driving market along with those that act as hindrances.
Based on product type, the Middle East and Africa portable 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 of the Middle East and portable and wearable dialysis devices market is attributed to increasing prevalence of chronic kidney conditions and end stage renal diseases. Further, increasing adoption of wearable dialysis devices and government policies to spread awareness regarding dialysis are also projected to drive the market growth during the forecast period. In addition, 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 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 Middle East and Africa portable and wearable dialysis devices market.
The report segments Middle East and Africa Portable and Wearable Dialysis Devices Marketas follows:
By Product Type
- Hemodialysis
- Peritoneal Dialysis
By End User
- Hospital
- Clinic
- Home
By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
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