Artificial Kidney Market Size (2024 - 2029)

Artificial Kidney Market Analysis

The Artificial Kidney Market size is estimated at USD 2.30 billion in 2024, and is expected to reach USD 4.40 billion by 2029, growing at a CAGR of 13.90% during the forecast period (2024-2029).

The market is expected to grow owing to the surging burden of chronic kidney diseases, the scarcity of donors, and technological advances in artificial kidneys. In addition, supportive government legislation to promote the uptake of artificial kidneys is anticipated to boost market growth during the forecast period.

The growing burden of chronic diseases such as chronic kidney diseases, end-stage renal diseases, and kidney failure may drive the demand for artificial kidneys, as artificial kidneys are designed to work like the natural kidney, filtering the blood and maintaining the body's fluid balance. For instance, according to an article published by the Lancet Global Health in March 2024, chronic kidney disease emerged as a significant global issue and is estimated to affect around 10% of the global population.

In addition, the increased burden of chronic kidney conditions across developed countries is projected to fuel the demand for artificial kidneys for healthy living, which is further anticipated to boost market growth during the forecast period. For instance, according to May 2024 updated data from the Centers for Disease Control and Prevention (CDC), chronic kidney disease (CKD) is a significant burden in the United States, and around 35.5 million people, or 14% of the United States population have CKD in the country. Thus, such a remarkable burden of kidney disease is likely to fuel the demand for advanced treatment options like artificial kidneys.

The scarcity of kidney donors is expected to increase the demand for artificial kidneys for effective health management. For instance, according to the Kidney Foundation Funds Data updated in June 2024, more than 93,000 Americans were on the kidney transplant waiting list. Yet, only 27,332 among them were able to receive a kidney transplant. This indicates a huge scarcity of donors for kidney transplants, and thus, it is expected to boost the artificial kidney market during the forecast period.

Moreover, according to an article published by the Journal of Transplantation in March 2024, the scarcity of compatible living donors fuels the kidney transplant shortage and creates extended patient waiting times. Thus, the scarcity associated with kidney transplants and increased waiting times is anticipated to augment the development of artificial kidney products, which, in turn, is projected to boost market growth during the forecast period.

Thus, the above-mentioned factors, such as the surging burden of chronic kidney diseases, the scarcity of donors, and technological advances in artificial kidneys, are projected to accelerate industry uptake during the forecast period. However, the less penetration of artificial kidneys in developing and low- and middle-income countries and the higher cost of these kidneys are anticipated to hamper market growth during the forecast period.

Artificial Kidney Industry Segmentation

As per the scope of the report, the artificial kidney is a device known as a haemodialyzer that filters the blood of a person suffering from kidney disease. It helps to minimize chronic renal disease and improve patients' quality of life. An artificial kidney comprises silicon nano filters that remove water, salts, toxins, and other tiny molecules.

The artificial kidney market is segmented by device type and end user. The market is segmented by device type, such as wearable artificial kidney or implantable artificial kidney. By end user, the market is segmented as hospitals, specialty clinics, and ambulatory surgical centers. The report also covers the market sizes and forecasts for the artificial kidney market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).