Continuous Renal Replacement Therapy Market - Global Trends, Top Players Updates, Future Plans

A comprehensive overview of the Continuous Renal Replacement Therapy market is recently added by UnivDatos Market Insights to its humongous database. The Continuous Renal Replacement Therapy report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Continuous Renal Replacement Therapy market. The Continuous Renal Replacement Therapy report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Continuous Renal Replacement Therapy at the global and regional levels.

Market Overview

The rising prevalence of chronic diseases like diabetes, hypertension, and others, which ultimately lead to kidney abnormalities, is one of the factors driving the Continuous Renal Replacement Therapy (CRRT) Market expansion. In continual and slow extracorporeal blood purification therapy for kidney failure patients, Continuous Renal Replacement Therapy (CRRT) is used. For the constant, slow elimination of fluid and solutes, CRRT mimics the kidneys’ methods in controlling water, electrolytes, and toxic compounds.

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Continuous renal replacement treatment (CRRT) is reserved for patients who are suitable for hemodialysis but unable to tolerate traditional intermittent hemodialysis (IHD) due to hemodynamic instability. The demand for CRRT has risen since the device helps surgeons in removing solutes from blood and tissue. In addition, the growing elderly population and the rise in acute renal disease instances are expected to boost the market. Furthermore, the rising number of coronavirus positive cases, primarily among the elderly, and the rising prevalence of kidney cases among critically sick patients are projected to increase demand for continuous renal replacement treatment.

COVID-19 Impact

The COVID-19 pandemic has significantly affected the CRRT market. The surge in the number of COVID cases, along with the rise in its severity rate, is likely to create a potential increase in the incidence of kidney damage. This makes AKI the next emerging healthcare concern after respiratory tract infections among patients with COVID-19.

Due to the pandemic, the demand for renal replacement fluids has increased significantly worldwide. The demand for RRT among patients with COVID-19 has increased fivefold in comparison to the historical US populations (4.9% as of 2020 VS. 0.9% earlier) (Source: American Society of Nephrology, 2021). According to an article published by the International Society of Nephrology 2020, countries such as China and Italy reported AKI rates as high as 29%. The early initiation of continuous renal replacement therapy (CRRT) is an important step to curbing the rising incidence of AKI due to the COVID-19 infection. However, owing to the rapid rise in the demand by healthcare systems, HD and PD exist as an alternative dialysis treatment in ICUs, which can have a negative impact on the growth of the CRRT market during this period. For instance, In August 2020, NIPRO CORPORATION acquired shares in dialysate MTN Neubrandenburg GmbH, involved in the manufacturing and sales of dialysates. Additionally, there has been an increase in the global incidence of acute kidney injury (AKI), which has driven the demand for dialysates and prompted manufacturers to ramp up dialysate production.

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Global Continuous Renal Replacement Therapy Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into

• Disposable
• Machine
• Dialysates
• Renal Replacement fluids

The Dialysates segment dominated the product segment and gathered X% of the Continuous Renal Replacement Therapy Market in 2020. Moreover, the market is expected to grow at X% CAGR to reach US$ X million by the year 2027.

By Modality, the market is primarily segmented into

• SCUF
• CVVH
• CVVHD
• CVVHDF

Based on the modality, the CVVHDF accounted for the largest share and is expected to grow at X% CAGR during the forecast period 2021-2027. In 2020, CVVHDF generated a revenue of US$ X million.

By Mode of patient, the market is primarily segmented into

• Adult
• Pediatrics
• Neonates

Based on the mode of patient, the adult accounted for the largest share and is expected to grow at X% CAGR during the forecast period 2021-2027. In 2020, adult generated a revenue of US$ X million.

Continuous Renal Replacement Therapy Geographical Segmentation Includes:

• North America
• Europe
• Asia-Pacific
• Rest of the World

Based on the estimation, United States dominated the North America Continuous Renal Replacement Therapy market and is expected to grow at a CAGR of X% during the forecast period to reach the market value of US$ X Bn by 2027. The regional growth can be accredited to supportive demographic trends like the increasing to the growing demand for and adoption of Continuous Renal Replacement Therapy due to the growing worldwide incidence of AKI/AKF is, therefore, expected to increase the demand for CRRT. This is anticipated to boost the adoption of continuous renal replacement therapy at a rapid rate. With the rapid growth in the geriatric population globally, the prevalence of kidney-related diseases is expected to increase significantly. This, in turn, is expected to propel the growth of the CRRT market at a significant rate during the forecast period.

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The major players targeting the market includes

• Baxter International Inc.
• Fresenius Medical Care AG & Co. KGaA
• NIKKISO Co. Ltd.
• Braun Melsungen AG
• Medtronic plc
• Toray Medical Co. Ltd.
• Infomed SA
• Nipro Corporation

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Continuous Renal Replacement Therapy Market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Continuous Renal Replacement Therapy Market?
• Which factors are influencing the Continuous Renal Replacement Therapy Market over the forecast period?
• What are the global challenges, threats, and risks in the Continuous Renal Replacement Therapy Market?
• Which factors are propelling and restraining the Continuous Renal Replacement Therapy Market?
• What are the demanding global regions of the Continuous Renal Replacement Therapy Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?

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