ImplantableBioartificial Kidney Market, by End User (Hospitals, Organ TransplantCenters, and Others), and by Region (North America, Latin America, Europe, AsiaPacific, Middle East, and Africa) - Size, Share, Outlook, and OpportunityAnalysis, 2018 – 2026
An implantable bioartificialkidney is similar to existing extracorporeal renal assist device (RAD), whichis a bioartificial kidney that combines a membrane hemofilter and a bioreactorto function as a healthy kidney. However, to work as a natural kidney, thebioartificial kidney should have high efficiency ultrafiltration membranes,should be able to regulate blood flow, and stabilize necessary cells.Implantable bioartificial kidney is capable of replicating the work of realkidney and can eliminate the need for dialysis. Implantable bioartificialkidney avoids constant physician oversight and need to take immunosuppressantdrugs and medication.
Implantable Bioartificial KidneyMarket: Drivers
Increasing number of chronickidney disease patients, rising number of kidney failure incidences, and longwaiting list for kidney transplants is expected to boost the global implantablebioartificial kidney market growth over the forecast period. For instance,according to Kidney Health Australia, 2010, the cost of treating all currentand new cases of End Stage Kidney Disease (ESKD) will reach up to US$ 12billion by 2020. Moreover, according to the Centers for Disease Control &Prevention (CDC), around 15% of the adults in the U.S. were estimated to havechronic kidney disease in 2017.
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CDC states that around 96% of thepeople with kidney damage or hampered kidney function are not aware of havingchronic kidney disease. These factors are expected to drive the globalimplantable bioartificial kidney market growth over the forecast period.
Individual governmentorganizations and manufacturers are working towards increasing the awareness ofkidney diseases. For instance, American Kidney Fund (AKF) launched a comprehensivenew kidney disease education portal in May 2018. The education portal called as‘CKD Central’ will provide information and resources on chronic kidney disease(CKD). Moreover, The Kidney Project is a national research project, which aimsto create a small, surgically implanted, and free-standing bioartificial kidneyto treat end stage renal disease (ESRD). This kidney is expected to provideESRD patients with a new option beyond the short-term solution of renaldialysis and the costly kidney transplant for which donor organs are limited.
Stringent regulatory policies forthe approval and manufacturing, reimbursement, and risks and complicationsassociated with dialysis treatment are expected to restrain the globalimplantable bioartificial kidney market growth over the forecast period.
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Implantable Bioartificial KidneyMarket: Regional Analysis
North America implantablebioartificial kidney market is expected to hold dominant position in the globalmarket over the forecast period. According to the National Institute ofDiabetes and Digestive and Kidney Diseases (NIDDK), over 661,000 people in theU.S. had kidney failure and of these, 468,000 individuals were on dialysis, in2017. The kidney project, headed by researchers from the University of CaliforniaSan Francisco (UCSF), the University of Vanderbilt, and the National Instituteof Biomedical Imaging and Bioengineering (NIBIB), is expected to receiveapproval for the artificial kidney trials by late 2018 or early 2019. Thesefactors are expected to support the North America implantable bioartificialkidney market growth over the forecast period. According to report of BrazilianTransplant Registry, 2016, Brazil accounts for the second largest number ofkidney transplant programs in the world.
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