tipFebruary 20, 2021
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The portable and wearable dialysis devices market is expected to reach US$ 4,393.8 million in 2027 from US$ 3,023.1 million in 2019. The market is estimated to grow with a CAGR of 5.0% from 2020 to 2027.
Portable dialysis devices are being used to reduce the disease burden by minimizing or completely eliminating dietary restrictions. Although dialysis machines are lifesavers, less attention is paid to them by the medical device industry. Portable dialysis machines are specifically designed for use at home setups or during traveling. These machines can considerably improve the quality of life by allowing patients to have dialysis while going around their daily activities. Wearable dialysis machines, also called wearable artificial kidneys, are disassembled dialysis equipment whose separate parts are fixed on to a belt that is worn around torso. The portable and wearable dialysis devices market growth is attributed to factors such as increasing number of ESRD patients, and limited availability of organ donors. However, reimbursement concerns in emerging market and technical challenges in WAK and WDD development hinder the growth of the market.