The continuous renal replacement therapy global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Continuous Renal Replacement Therapy Market, 2024 report by The Business Research
Company offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The continuous renal replacement therapy market size has grown rapidly in
recent years. It will grow from $1.41 billion in 2023 to $1.57 billion in 2024
at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be
attributed to increased demand for advanced CRRT devices, an increase in the
prevalence of incidence of acute kidney injury, a rise in the number of medical
applications, a high prevalence of co-morbidities, and continuous research and
development.
The continuous renal replacement therapy market size is expected to see rapid
growth in the next few years. It will grow to $2.38 billion in 2028 at a
compound annual growth rate (CAGR) of 11.1%.
The growth in the forecast period can be attributed to increasing
incidences of chronic kidney diseases, rising prevalence of diabetes, a growing
number of ICU admissions, rising investments in healthcare infrastructure, and
expanding applications in pediatric care. Major trends in the forecast period
include rapid advancements, launches of new technologies, technological
advancements, product innovation, and technologically advanced CRRT products.
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Scope Of Continuous Renal Replacement Therapy Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Continuous Renal Replacement Therapy Market Overview
Market Drivers -
The continuous renal replacement therapy market size has grown rapidly in
recent years. It will grow from $1.41 billion in 2023 to $1.57 billion in 2024
at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be
attributed to increased demand for advanced CRRT devices, an increase in the
prevalence of incidence of acute kidney injury, a rise in the number of medical
applications, a high prevalence of co-morbidities, and continuous research and
development.
The continuous renal replacement therapy market size is expected to see rapid
growth in the next few years. It will grow to $2.38 billion in 2028 at a
compound annual growth rate (CAGR) of 11.1%.
The growth in the forecast period can be attributed to increasing
incidences of chronic kidney diseases, rising prevalence of diabetes, a growing
number of ICU admissions, rising investments in healthcare infrastructure, and
expanding applications in pediatric care. Major trends in the forecast period
include rapid advancements, launches of new technologies, technological
advancements, product innovation, and technologically advanced CRRT products.
Market Trends -
Major companies operating in the continuous renal replacement therapy market
are developing technologically advanced products, such as continuous renal
replacement therapy (CRRT) platforms, to better serve customers with advanced
features. Continuous Renal Replacement Therapy (CRRT) platforms refer to the
systems and technologies used in the delivery of CRRT, a form of dialysis
primarily prescribed to critically ill patients who cannot tolerate regular
hemodialysis. For instance, in May 2021, Baxter International Inc., a US-based
healthcare company, launched the Prismax 2 platform. It is designed to simplify
the delivery of continuous renal replacement therapy (CRRT) and other organ
support therapies. It offers hospitals the flexibility needed to address the
unique demands of the intensive care unit (ICU). The Prismax 2 system includes
new solutions from the company’s TrueVue digital health portfolio and features
the Prismalung+ blood-gas exchanger, which provides extracorporeal carbon
dioxide removal (ECCO2R) therapy to aid in the management of acute respiratory
dysfunction.
The continuous renal replacement therapy market covered in this report is
segmented –
1) By Product: System, Consumables
2) By Therapy: Renal, Non-Renal
3) By Modality: Slow Continuous Ultra-Filtration (SCUF), Continuous Venovenous
Hemofiltration (CVVH), Continuous Venovenous Hemodialysis (CVVHD), Continuous
Venovenous Hemodiafiltration (CVVHDF)
4) By Age Group: Adults, Pediatrics Or Neonates
5) By End-Users: Hospitals, Ambulatory Care, Homecare
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Regional Insights -
North America was the largest region in the continuous renal replacement
therapy market in 2023. Asia-Pacific is expected to be the fastest-growing
region in the forecast period. The regions covered in the continuous renal
replacement therapy market report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East and Africa.
Key Companies -
Major companies operating in the continuous renal replacement therapy market
are developing technologically advanced products, such as continuous renal
replacement therapy (CRRT) platforms, to better serve customers with advanced
features. Continuous Renal Replacement Therapy (CRRT) platforms refer to the
systems and technologies used in the delivery of CRRT, a form of dialysis
primarily prescribed to critically ill patients who cannot tolerate regular
hemodialysis. For instance, in May 2021, Baxter International Inc., a US-based
healthcare company, launched the Prismax 2 platform. It is designed to simplify
the delivery of continuous renal replacement therapy (CRRT) and other organ
support therapies. It offers hospitals the flexibility needed to address the
unique demands of the intensive care unit (ICU). The Prismax 2 system includes
new solutions from the company’s TrueVue digital health portfolio and features
the Prismalung+ blood-gas exchanger, which provides extracorporeal carbon
dioxide removal (ECCO2R) therapy to aid in the management of acute respiratory
dysfunction.
Table of Contents
1. Executive Summary
2. Continuous Renal Replacement Therapy Market Report Structure
3. Continuous Renal Replacement Therapy Market Trends And Strategies
4. Continuous Renal Replacement Therapy Market – Macro Economic Scenario
5. Continuous Renal Replacement Therapy Market Size And Growth
…..
27. Continuous Renal Replacement Therapy Market Competitor Landscape And
Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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