Market Overview:
The global continuous renal replacement therapy (CRRT) market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the CRRT market can be attributed to the increasing incidence of acute kidney injury (AKI), rising geriatric population, and technological advancements in CRRT devices. Based on type, the dialysis systems segment is expected to account for the largest share of the CRRT market in 2018. This segment is also projected to grow at a higher CAGR during the forecast period as compared to other segments. The growth in this segment can be attributed to technological advancements and growing demand for minimally invasive dialysis systems. Based on application, hospitals are expected to account for the largest share of the CRRT market in 2018. This segment is also projected grow at a higher CAGR duringthe forecast period as compared ot other segments owingto increase incidencesof AKIand rising demandfor home-basedCRRTdevices .
Product Definition:
Continuous renal replacement therapy (CRRT) is a type of dialysis that uses a machine to clean your blood. It is called continuous because the machine runs all the time, rather than just three times a week as with traditional hemodialysis. CRRT can be done at home or in the hospital.
Use of CRRT may be indicated for patients with any of the following conditions: acute kidney injury, end-stage renal disease, fluid overload, electrolyte abnormalities,.
Dialysis System:
The global dialysis system, it's usage and growth factor in Continuous Renal Replacement Therapy (CRT) market is expected to witness significant growth over the forecast period. The increasing prevalence of diabetes and cardiovascular diseases are the major factors driving the market for dialysis systems. According to statistics published by International Diabetes Federation, approximately 463 million people were suffering from diabetes globally in 2014 which is anticipated to reach 700 million by 2035.
Consumables:
Consumables and it's usage in Continuous Renal Replacement Therapy (CRT) market is expected to witness significant growth over the forecast period. The consumables used in continuous renal replacement therapy include tubing, fluids, filters, pumps & valves along with other accessories. These products are available at varied prices and quality levels which has led to a considerable degree of confusion among consumers regarding their choice.
Application Insights:
The hospitals segment dominated the global market in 2017. The application of CCRT in hospitals allows patients to continue their daily activities and work as usual after undergoing treatment. This factor is responsible for driving the demand for this technology in hospital settings over the forecast period.
Hospitals are focusing on offering advanced healthcare facilities, thereby making dialysis more convenient and comfortable for patients by using continuous renal replacement therapy machines at home or any other suitable location outside of hospital setting. In addition, hospitals are focusing on reducing hospital stays to improve patient¢â‚¬â„¢s quality of life after undergoing treatment with CRRT system at a clinic or home setting, which will further boost market growth over the forecast period.
Dialysis clinics accounted for a significant share owing to increasing awareness about this procedure among individuals suffering from chronic kidney diseases (CKD).
Regional Analysis:
North America dominated the global continuous renal replacement therapy market with a revenue share of over 40% in 2017. This is due to the presence of large patient population suffering from kidney diseases, increasing healthcare expenditure and rising adoption of CRRT for treatment options. In addition, growing number of centers offering advanced treatments through various collaborative agreements are also contributing towards regional growth. For instance, Novartis Corporation has entered into an agreement with Cleveland Clinic to enhance its clinical development programs for patients suffering from ESRD by supporting access to innovative therapies in this region.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare infrastructure and rising awareness about advanced technologies such as CRRT that offer better outcomes compared to conventional treatments for kidney diseases such as dialysis or transplantation procedures. Moreover, increasing prevalence of diabetes and hypertension further drives demand since these conditions increase risk factors associated with kidney disease progression which may result ultimately in ESRD requiring continuous renal replacement therapy procedures (CRRT).
Growth Factors:
- Increasing incidence of renal failure: The increasing incidence of renal failure is a major growth driver for the Continuous Renal Replacement Therapy (CRRT) market. This is because CRRT helps in managing acute and chronic kidney failures effectively.
- Growing demand for home-based dialysis: There is a growing demand for home-based dialysis, as it offers several advantages over conventional hemodialysis, such as improved quality of life and reduced treatment costs. This is expected to drive the growth of the CRRT market in the coming years.
- Technological advancements: The technological advancements in CRRT devices are another key factor driving the growth of this market. These devices are becoming more sophisticated and efficient with each passing year, thus providing better treatment outcomes to patients suffering from renal failure.
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuous Renal Replacement Therapy Market Research Report
By Type
Dialysis System, Consumables
By Application
Hospitals, Dialysis Clinics
By Companies
Fresenius, Baxter, B. Braun Melsungen, Nikkiso, NxStage, Asahi Kasei, NIPRO, Medica, Toray, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Continuous Renal Replacement Therapy Market Report Segments:
The global Continuous Renal Replacement Therapy market is segmented on the basis of:
Types
Dialysis System, Consumables
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Dialysis Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fresenius
- Baxter
- B. Braun Melsungen
- Nikkiso
- NxStage
- Asahi Kasei
- NIPRO
- Medica
- Toray
- Medtronic
Highlights of The Continuous Renal Replacement Therapy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dialysis System
- Consumables
- By Application:
- Hospitals
- Dialysis Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Continuous Renal Replacement Therapy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Continuous renal replacement therapy (CRRT) is a type of dialysis that uses an artificial kidney to filter and clean the blood. CRRT is usually used in people who have end-stage renal disease, which means their kidneys are no longer able to function normally.
Some of the major companies in the continuous renal replacement therapy market are Fresenius, Baxter, B. Braun Melsungen, Nikkiso, NxStage, Asahi Kasei, NIPRO, Medica, Toray, Medtronic.
The continuous renal replacement therapy market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Continuous Renal Replacement Therapy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Continuous Renal Replacement Therapy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Continuous Renal Replacement Therapy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Continuous Renal Replacement Therapy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Continuous Renal Replacement Therapy Market Size & Forecast, 2020-2028
4.5.1 Continuous Renal Replacement Therapy Market Size and Y-o-Y Growth
4.5.2 Continuous Renal Replacement Therapy Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dialysis System
5.2.2 Consumables
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Dialysis Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Continuous Renal Replacement Therapy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Continuous Renal Replacement Therapy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dialysis System
9.6.2 Consumables
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Dialysis Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dialysis System
10.6.2 Consumables
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Dialysis Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dialysis System
11.6.2 Consumables
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Dialysis Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dialysis System
12.6.2 Consumables
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Dialysis Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dialysis System
13.6.2 Consumables
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Dialysis Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Continuous Renal Replacement Therapy Market: Competitive Dashboard
14.2 Global Continuous Renal Replacement Therapy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fresenius
14.3.2 Baxter
14.3.3 B. Braun Melsungen
14.3.4 Nikkiso
14.3.5 NxStage
14.3.6 Asahi Kasei
14.3.7 NIPRO
14.3.8 Medica
14.3.9 Toray
14.3.10 Medtronic
