Global Continuous Renal Replacement Therapy (CRRT) Market, 2016–2024
Zion Market Research, the market research group announced the analysis report titled ‘Continuous Renal Replacement Therapy (CRRT) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016-2024’
Continuous Renal Replacement Therapy (CRRT) Market: Overview
A process wherein extracorporeal blood purification is done to substitute for the renal dysfunction for an extended period of time is known as continuous renal replacement therapy (CRRT). It is a therapy of renal replacement for the patients that are hemodynamically unstable, catabolic septic, and the fluid is overloaded. Acute renal failure is a common disease in patients that are critically ill and this result in morbidity and mortality. To manage the acute renal failure in the patients that are admitted to intensive care units and critical units is the major application of the CRRT. The CRRT has become popular among the renal failure patients owing to the high survival rate.
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Continuous Renal Replacement Therapy (CRRT) Market: Segmentation
The global continuous renal replacement therapy market is segmented into product, modality, and regions. On the basis of product, the global market is segregated into CRRT disposables, bloodlines, replacement and dialysate fluids, CRRT systems, hemofilter, and other disposables. Based on the modality, the market is categorized into continuous venovenous hemofiltration (CVVH), continuous venovenous hemodiafiltration (CVVHDF), slow continuous ultrafiltration (SCUF), and continuous venovenous hemodialysis (CVVHD). Geographically, the continuous renal replacement therapy market is diversified into Asia-Pacific, Europe, North America, and Rest of the World.
Continuous Renal Replacement Therapy (CRRT) Market: Growth Factors
The factors that are driving the continuous renal replacement therapy market include the rising aging population, increase in the number of patients that are admitted to the ICU, the preferences of the healthcare practitioners have changed from conventional hemodialysis method to CRRT owing to its benefits, and the technological advancements that are made in CRRT. The continuous rise in the investments in order to develop the health care industry and the rising disposable incomes are some of the other factors that are triggering the continuous renal replacement therapy market growth. The factors that are holding back the market growth are the high cost of the CRRT systems, lack of skilled professionals to handle the CRRT systems, strict regulations made by the government.
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Continuous Renal Replacement Therapy (CRRT) Market: Regional Analysis
The region that accounted for the largest market share in the continuous renal replacement market is Europe. The factors that attributed to this growth include the increasing aging population and the increase in the cases of acute kidney injury. The emerging markets in the Asia-Pacific region include India and China which are creating a huge demand for the CRRT owing to the factors such as the increase in the investments made in the healthcare sector, increase in the cases of acute kidney injury, and the aging population.
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Continuous Renal Replacement Therapy (CRRT) Market: Competitive Players
The major market players in the continuous renal replacement therapy include Baxter, Nikkiso Co., Ltd., Infomed SA, Toray Medical Co., Ltd., NxStage Medical, Inc., B. Braun Medical Inc., Medical Components, Inc., Fresenius Medical Care, Medica S.p.A., and asahi kasei medical Co., Ltd.
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