Continuous Renal Replacement Therapy Industry Status and Trend Report by 2025
The
global Continuous
Renal Replacement Therapy (CRRT) Market size is expected to reach USD
1.4 billion by 2025, according to a new report by Grand View Research, Inc. The
magnitude of the global target diseases, such as kidney diseases, and diabetes,
is immense, with millions of new cases registered every year. This in turn is
anticipated to boost the usage of CRRT treatment procedure.
Increasing
incidence of volume overload, uremia, and hyperkalemia is increasing the
application of renal replacement therapy, thereby boosting the overall growth
of the market. For individuals suffering from acute kidney injury and severe
multi-organ dysfunction, CRRT can prove to be beneficial when started early to
maintain metabolic and volume homeostasis. In addition, CRRT prevents further
worsening and development of symptoms and signs of renal failure.
Further Key Findings from the
Study Suggest:
- The continuous renal replacement therapy
market study suggests that consumables segment dominated the overall
market in 2016. The factors triggering the growth the segment are
increasing application of hemofilters, fluids, charcoal filters and others
consumables in CRRT
- Moreover, constant repeat purchase of
consumables due to their one-time use is adding up to the revenue
generation for the segment
- Amongst the modality segments, continuous
venovenous hemofiltration (CVVH) occupied the largest share in 2016.
Increasing incidence of fluid overload cases which is frequently found in
acute kidney injury patients in critical care units, would boost growth of
CVVH market.
- The continuous venovenous hemodiafiltration
(CVVHDF) segment is expected to grow at the highest growth rate during the
forecast period. CVVHDF is associated with improved survival rate when
compared to other CRRT modalities due to combination of principles of
diffusion and convection, i.e., hemofiltration and hemodialysis using a
highly efficient hemodiafilter to remove both solute and fluid.
- North America accounted for the largest share
in 2016, due to increasing prevalence of kidney disorders, and congestive
heart failure in the region.
- In addition, increasing incidences of acute
kidney injury cases leading to increased creatinine level, hyperkalemia,
and uremia are a few high impact-rendering drivers for the market in North
America.
- Asia Pacific is expected to foresee
significant growth during the forecast period. The high-unmet medical
needs pertaining to the target disease segment, such as diabetes,
hypertension, and chronic kidney disease, coupled with constantly
improving healthcare expenditure in the region are some of the key factors
attributing to market growth
- Some of the major companies operating in this
market are B. Braun Melsungen AG, Baxter International, Inc., Fresenius
Medical Care AG & Co. KGaA, Asahi Kasei Corporation, NIPRO
Corporation, Toray Medical Co., Ltd, NxStage Medical, Inc., Medtronic plc,
and others.
About Grand View Research:
Grand
View Research is an India & U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. Grand View Research database is used
by the world's renowned academic institutions and Fortune 500 compnies to
understand the global and regional business environment. Our database features
thousands of statistics and in-depth analysis on 46 industries in 25 major
countries worldwide.
Contact:
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View Research, Inc.
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Street 1100,
San
Francisco, CA 94105
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States
Phone:
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Free: 1-888-202-9519
Email: sales@grandviewresearch.com

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