Continuous Renal Replacement Therapy Market By Product (Dialysates and Replacement Fluids, Disposables, CRRT Systems), By Modality (Continuous Venovenous Hemofiltration (CVVH), Continuous Venovenous Hemodiafiltration (CVVHDF), Continuous Venovenous Haemodialysis (CVVHD), Slow Continuous Ultrafiltration (SCUF)), By Age Group (Adults, Pediatrics): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global continuous renal replacement therapy market was valued at $1,249.21 million in 2021, and is projected to reach $2,622.44 million by 2031, registering 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.
The key factors which drive the growth of market are rise in the incidence of Acute Kidney Injury (AKI), increase in incidence of sepsis and rise in adoption various key strategies by key players operating in market.
In addition, rise in the demand for continuous renal replacement therapy worldwide is the major factor that boosts the growth of the market. For instance, in February 2021, the Journal Kidney360 has stated that demand for renal replacement therapy increased during the COVID-19 pandemic.
However, lack of awareness and high cost associated with CRRT devices in developing countries are the key factors likely to hamper the growth of the market. In addition, rise in government initiatives for regulatory approval is anticipated to provide lucrative opportunity to key players operating in the market.
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 classified as hemofilters, bloodline sets and tubes, and other disposables. By 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).
Asia-Pacific accounted for the largest market share in the continuous renal replacement therapy market 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 Asia-Pacific countries to capture potential growth opportunities boosts the market.
The report provides a comprehensive analysis of the key players that operate in the global continuous renal replacement therapy market. The key companies profiled in the report 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.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the continuous renal replacement therapy market analysis from 2021 to 2031 to identify the prevailing continuous renal replacement therapy market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the continuous renal replacement therapy market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global continuous renal replacement therapy market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
Dialysates and Replacement Fluids
Disposables
Type
Hemofilters
Bloodline Sets Tubes
Other Disposables
CRRT Systems
By Modality
Slow Continuous Ultrafiltration (SCUF)
Continuous Venovenous Hemofiltration (CVVH)
Continuous Venovenous Hemodiafiltration (CVVHDF)
Continuous Venovenous Haemodialysis (CVVHD)
By Age Group
Adults
Pediatrics
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of LAMEA
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
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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