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A11923 | Pages: 323 | Charts: 66 | Tables: 189 |
The global Continuous Renal Replacement Therapy Market Size was valued at $1.3 billion in 2021, and is projected to reach $2.6 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. Continuous renal replacement therapy (CRRT) is a slow and smooth continuous extracorporeal blood purification process. It is usually implemented over 24 hours to several days with gentle removal of fluid and excess uremic toxins. This technique is usually based on the physiological principles of diffusion, ultrafiltration, convection, and adsorption.
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The global Continuous Renal Replacement Therapy Market Size was valued at $1.3 billion in 2021, and is projected to reach $2.6 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031.The continuous renal replacement therapy market is segmented on the basis of product, modality, age group, and region. Depending on product, the market is classified into dialysates and replacement fluids, disposables, and CRRT systems. Disposables segment is further categorized into hemofilters, bloodline sets and tubes, and other disposables. On the basis of modality, the market is classified into continuous venovenous hemofiltration (CVVH), continuous venovenous hemodiafiltration (CVVHDF), continuous venovenous hemodialysis (CVVHD), and slow continuous ultrafiltration (SCUF). According to age group, the market is segmented into pediatric, and adults. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
By Product Segment Review
By product, the dialysates and replacement fluids segment generated the highest revenue in the continuous renal replacement therapy market in 2021 owing to rise in the incidence of acute kidney injury which has increased the demand for CRRT. The Disposables segment is expected to witness considerable market growth during the forecast period, owing to the rise in the prevalence of kidney disorders along with rise in geriatric population.
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By Modality Segment Review
By modality, the continuous venovenous hemofiltration (CVVH) segment generated highest Continuous Renal Replacement Therapy Market Share in the continuous renal replacement therapy market in 2021, as CVVH can remove large volumes of fluid while avoiding the hypotensive episodes caused by intermittent hemodialysis and its intermittent removal of large volumes of fluid which is creating demand. The Continuous Venovenous Hemodiafiltration (CVVHDF) segment is expected to witness considerable market growth during the forecast period. As CVVHD is an effective treatment in patients suffering from acute renal failure. Continuous veno-venous hemodialysis therapy has many technical advantages and is suitable for the geriatric population across the world are the key factor that drives the growth of the market.
[MODALITYGRAPH]
By Age Group Segment Review
By age group, the adults segment generated the highest Continuous Renal Replacement Therapy Market Share in 2021, owing to various regulatory approvals for the adult CRRT, and rise in development of novel products for CRRT. Along with this, adoption of various growth strategies by various market players are creating lucrative opportunities in the segment. The Pediatrics segment is expected to witness considerable market growth during the forecast period, owing to the rise in the prevalence of actue kidney disorders among pediatrics across the world.
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By Region Segment Review
By region, Asia-Pacific accounted for the largest market share in Continuous Renal Replacement Therapy Industry in 2021 and is expected to retain its dominance throughout the forecast period. This is primarily attributed to increase in number of initiatives along with enhanced investments for the overall R&D of CRRT products. In addition, surge in focus of leading manufacturers on expanding their geographical presence in emerging. North America is anticipated to witness lucrative growth. Due to high-unmet medical needs pertaining to the target disease segment, such as diabetes, hypertension, and chronic kidney disease, coupled with rising healthcare expenditure in the region are some key factors attributing to market growth.
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The major companies profiled in Continuous Renal Replacement Therapy Industry include Anjue Medical Equipment Co. Ltd., Asahi Kasei Corporation, B. Braun Melsungen AG, Chongqing Shanwaishan Science and Technology Co. Ltd., Cytosorbents, Infomed SA, Medica S.p.A, Medical Components Inc., Medites Pharma spol. s.r.o., Medtronic plc., Nikkiso Co. Ltd., Ningbo Tianyi Medical Devices Co. Ltd., Nipro Corporation, SWS Hemodialysis Care Co. Ltd., Toray Industries Inc., Baxter International Inc., and Fresenius Medical Care AG & Co. KGaA
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Key Market Segments
Key Market Players