Market research report on Global Portable and Wearable Dialysis Devices Sales Market 2019-2025 with latest and upcoming trends, size, share, key players and regional demand.
Los Angeles, CA -- (SBWIRE) -- 12/03/2019 -- QY Research has recently released a new report titled, "Global Portable and Wearable Dialysis Devices Sales Market Report 2019". The report provides detailed information related to the global portable and wearable dialysis devices sales market along with its key market dynamics, regions, segments, and key competitors present in the market.
According to the report, the global portable and wearable dialysis devices sales are expected to touch the valuation over 200 mn by 2025 from US$169 mn in 2018. The market is likely to register a moderate CAGR of more than 5% during the forecast period.
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Growing Adoption of Nanotechnology Drives Market
Dialysis is a life-sustaining treatment for patients with end-stage kidney disease. Portable dialysis machines are specially designed for traveling or home use. These machines improve the life of people by allowing people to have dialysis while going around their daily activities. The use of portable dialysis machines also helps to reduce the disease by removal of complete dietary restrictions. The advancements in nanotechnology coupled with miniaturization are rapidly developing the demand for portable and wearable dialysis devices. Increasing the aging population and rising prevalence of renal disorders are the major factors that drive the growth of the market in the coming years.
Hemodialysis is likely to Benefit the Portable And Wearable Dialysis Devices Sales Market
The global portable and wearable dialysis devices sales market is segmented into applications and by type. The applications segment include hospital and clinic and home care. Based on the product type, the global portable and wearable dialysis devices sales market includes peritoneal dialysis and hemodialysis. The adoption of home hemodialysis will lead the portable and wearable dialysis devices sales market due to advanced technology in home hemodialysis machines such as portable machines. Adoption of hemodialysis machines will also reduce the patient's burden and also helps in examining dialysis treatment.
North America is Anticipated to Boost Portable And Wearable Dialysis Devices Sales Market
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Global Portable and Wearable Dialysis Devices Sales Market: Top Players
Some of the leading players operating in the global portable and wearable dialysis devices sales market are Quanta Dialysis Technologies, Baxter, Blue Sail, Fresenius, and B.Braun.