Press release
Continuous Renal Replacement Therapy Market Trends, Industry Demands, Top Manufactures, Growth Analysis and Forecast to 2031 | Fresenius Medical Care, Baxter International, Toray Industries Inc., SWS Hemodialysis Care
According to the report published by Allied Market Research, Surge in prevalence of kidney-related diseases, demand for continuous renal replacement therapy, rise in geriatric population, and increase in technologically advanced CRRT products for pediatrics drive the growth of the global continuous renal replacement therapy market. However, high cost associated with CRRT devices and the lack of awareness regarding continuous renal replacement therapy in developing countries due to inadequate funding, poor healthcare infrastructure, insufficient human resources, and geographic distance hamper the market growth. On the other hand, rise in government initiatives for regulatory approval of CRRT offer potential opportunities for the market growth.The Global Continuous Renal Replacement Therapy Market Size was valued at USD 1.3 billion in 2021, and it is estimated to surpass around USD 2.6 billion by 2031, with a registered CAGR of 7.7% from 2022 to 2031.
Each segment of the global Continuous Renal Replacement Therapy market is extensively evaluated in the research study. The segmental analysis offered in the report pinpoints key opportunities available in the global market through leading segments. The regional study of the market included in the report helps readers to gain a sound understanding of the development of different geographical markets in recent years and also going forth. We have provided a detailed study on the critical dynamics of the global Continuous Renal Replacement Therapy market, which include the market influence and market effect factors, drivers, challenges, restraints, trends, and prospects. The research study also includes other types of analysis such as qualitative and quantitative.
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Global Continuous Renal Replacement Therapy Segmentation: -
Based on product, the dialysates and replacement fluids segment was the largest market in 2021, contributing to nearly three-fifths of the global continuous renal replacement therapy market, and is expected to maintain its leadership status during the forecast period.
Based on modality, the continuous venovenous hemofiltration (CVVH) segment held nearly one-third of the global continuous renal replacement therapy market share in 2021, and is expected to maintain its leadership status during the forecast period. CVVH is widely used to remove large volumes of fluid while avoiding the hypotensive episodes caused by intermittent hemodialysis.
Based on age group, the adults segment contributed to nearly two-thirds of the global continuous renal replacement therapy market in 2021 and is expected to maintain its dominance during the forecast period.
Based on region, the market in Asia-Pacific held the largest market share of around one-third of the global continuous renal replacement therapy market in 2021, and is expected to maintain its lead position during the forecast period. The same segment is projected to manifest the fastest CAGR of 8.8% from 2022 to 2031. This is primarily attributed to the increase in number of initiatives along with rise in investments in R&D of CRRT products. In addition, increased focus of leading manufacturers on expanding their geographical presence and rise in healthcare expenditure drives the growth in the region.
Continuous Renal Replacement Therapy Companies: -
• Fresenius Medical Care
• Baxter International
• Toray Industries Inc.
• SWS Hemodialysis Care
• Nipro Corporation
• Ningbo Tianyi Medical Devices
• NIKKISO Co. Ltd.
• Medtronic Plc.
• Medites Pharma spol. s.r.o
• Medical Components Inc.
• Medica S.p.A
• Infomed SA
• Cytosorbents
• Chongqing Shanwaishan Science and Technology
• B. Braun Melsungen Ag
• Asahi Kasei Corporation
• Anjue Medical Equipment Co. Ltd.
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By Region
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Table Of Content
Chapter - Report Methodology 1
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description
Chapter - Global Continuous Renal Replacement Therapy Market Overview: Qualitative Analysis 2
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Continuous Renal Replacement Therapy Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Continuous Renal Replacement Therapy Market: Trends
2.8. Porter's Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter - Global Continuous Renal Replacement Therapy Market Overview: Quantitative Analysis 3
Chapter - Global Continuous Renal Replacement Therapy Market Analysis: Segmentation By Type 4
Chapter - Global Continuous Renal Replacement Therapy Market Analysis: Segmentation By Application 5
Continued@........
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