The Global Need for a Wearable Dialysis Solution
The global market for dialysis treatment was 90.3 billion in 2019 and is projected to grow to reach 177.6 billion by 2027. Increases in hypertension and diabetes are due, in part, to the growing number of projected dialysis users. Over 750,000 people currently use dialysis in the United States alone. Unlike conditions like diabetes, in which individuals may benefit from the convenience of wearable medical devices, there is no commercially available wearable dialysis solution on the market.
Dialysis Fast Facts:
-Dialysis patients on the rise mainly due to diabetes & hypertension
-Worldwide dialysis market: about $177.6B by 2027*
-US dialysis market: $36.5B (2019)*
-$87,000: US annual expense per dialysis patient**
-Worldwide dialyzer (cartridge) market: about $9.3B (2018)*
The Patient Perspective
Is such a device really necessary? Here is what our patient advisory board has to say:
Top among patients’ requests were freedom from the side effects of current dialysis, the ability to live a longer, healthier life, the affordability of a wearable dialysis solution, and a discreet device no bigger than a smart phone.
Nephria Bio works to provide a wearable dialysis solution to increase the freedom and dignity of dialysis users