Continuous Renal Replacement Therapy Market Size, Trends, Growth Statistics, Share, Revenue and Forecast 2031

The global continuous renal replacement therapy market revenue was around US$ 1.5 billion in 2021 and is estimated to reach US$ 2.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.7% during the forecast period from 2022 to 2031.

Continuous Renal Replacement Therapy (CRRT) is a gradual and comfortable extracorporeal blood purification procedure. Usually, treatment involves the gentle elimination of extra fluid and uremic poisons over a few days to a few days. The physiological concepts of adsorption, convection, ultrafiltration, and diffusion are typically the foundation of this approach.

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Factors Influencing Market Growth

An increase in the prevalence of acute kidney injury (AKI), sepsis, and a surge in the adoption of specific key strategies drives the growth of the market.

Increased demand for continuous renal replacement therapy across the globe is the main driver of market expansion.

The prevalence of kidney-related disorders is rising, along with the global aging population. These factors all contribute to the market's expansion.

The market is expanding due to the increase of technologically sophisticated CRRT solutions for pediatric patients.

High costs connected with CRRT devices in emerging nations hamper the market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a positive impact on the market. The pandemic has greatly boosted the demand for renal replacement fluids on a global scale. According to a study by the International Society of Nephrology 2020, AKI rates as high as 29% have been reported in nations like China and Italy. An essential step in reducing the increased frequency of AKI caused by COVID-19 infection is the early implementation of continuous renal replacement therapy (CRRT). However, due to the rapidly increasing demand from healthcare systems, HD and PD are available as alternatives to dialysis therapy in ICUs, which may have a negative impact on the development of the CRRT market during this time.

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Regional Insights

Asia-pacific dominated the continuous renal replacement therapy market in 2021. This is primarily related to an increase in the number of initiatives and higher investments for CRRT product R&D as a whole. Leading manufacturers are concentrating more on growing their geographic reach in new markets.

North America is projected to have profitable expansion. The target disease segment's significant unmet medical needs, including those for hypertension, diabetes, and chronic kidney disease, together with increased healthcare spending in the area, are some of the main drivers of market expansion.

Leading Competitors

The leading competitors in the global continuous renal replacement therapy market are:

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
Others

Segmentation Analysis

The global continuous renal replacement therapy market segmentation focuses on Product, Modality, Age Group and Region.

Segmentation based on Product
Dialysates and Replacement Fluids
Disposables
o Type
? Hemofilters
? Bloodline Sets & Tubes
? Other Disposables
CRRT Systems
Segmentation based on Modality
Slow Continuous Ultrafiltration (SCUF)
Continuous Venovenous Hemofiltration (CVVH)
Continuous Venovenous Hemodiafiltration (CVVHDF)
Continuous Venovenous Haemodialysis (CVVHD)
Segmentation based on Age Group
Adults
Pediatrics

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Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific

Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA

South America
Brazil
Argentina
Rest of South America

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This release was published on openPR.