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Tuesday, January 24, 2023

Global Continuous Renal Replacement Therapy Devices Market is Likely to be Driven by the Rising Cases of Chronic Kidney Diseases

 


The ‘Global Continuous Renal Replacement Therapy Devices Market Price, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global continuous renal replacement therapy devices market, assessing the market on the basis of its segments like product type, modality, population, disease type, end-user, and major regions.

Continuous Renal Replacement Therapy Devices Market Size, Share, Price Trends, Industry Report, Key Players, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2016-2031)

• Forecast Prevalence Rate: 2.71% (Chronic Kidney Disease)

The growth of the continuous renal replacement therapy (CRRT) devices market is driven by the increasing incidence of acute kidney injury (AKI) and chronic kidney disease (CKD). The rising prevalence of diabetes, hypertension, and other metabolic disorders also contribute to the growth of this market. Additionally, the growing geriatric population and the increasing number of critically ill patients in hospitals are also driving the market for CRRT devices.

Another driver of the CRRT devices market is the increasing adoption of CRRT in neonatal and paediatric patients. CRRT is considered as a safe and effective method for treating critically ill children with AKI and other kidney-related disorders.

The growth in the market is also driven by technological advancements in CRRT devices, such as the development of portable and compact CRRT devices. This allows for easy transportation and use of the devices in different settings, such as home care and ambulatory care centres.

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The government initiatives to promote the use of CRRT devices and the increasing investments in research and development of CRRT devices are also expected to drive the market growth.

However, the high cost of CRRT devices and the shortage of trained personnel to operate these devices may hinder the growth of the market.

Continuous Renal Replacement Therapy Devices Industry Definition and Major Segments

Continuous Renal Replacement Therapy (CRRT) devices are medical devices that are used to remove waste products and excess fluids from the blood of patients with acute kidney injury (AKI) or end-stage renal disease (ESRD). CRRT uses a membrane filtration process, such as haemodialysis or haemofiltration, to filter the blood continuously over a prolonged period of time, typically 24 hours a day. CRRT is typically used in critically ill patients who are unable to tolerate the rapid fluid and electrolyte shifts that can occur with intermittent haemodialysis.

Market Breakup by Product Type

  •  Machines
  •  Consumables
    •  Haemofilter Sets
    •  Solution
    •  Accessories

Market Breakup by Modality

• Slow Continuous Ultrafiltration (SCUF)
• Continuous Ven Venous Haemofiltration (CVVH)
• Continuous Ven Venous Haemodialysis (CVVHD)
• Continuous Ven Venous Haemodiafiltration (CVVHDF)
• High-volume Haemofiltration (HVHF)

Market Breakup by Population

• Adults
• Paediatrics

Market Breakup by Disease Type

• Acute Kidney Injury
• Others

Market Breakup by End-User

• Hospitals
• Dialysis Centres
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Read Full Report with Table of Contents:  https://www.expertmarketresearch.com/reports/continuous-renal-replacement-therapy-devices-market

Continuous Renal Replacement Therapy Devices Market Trends

Recent developments in the Continuous Renal Replacement Therapy (CRRT) devices market include the introduction of new and advanced devices with improved features and increased efficiency. Some of these devices are equipped with advanced monitoring and alarms systems, which can help to improve patient outcomes.

Many CRRT devices now have smaller and more portable designs, making them easier to use and transport in a variety of healthcare settings. Another trend in the market is the development of disposable CRRT devices, which can reduce the risk of infection and improve patient safety. Overall, the continuous renal replacement therapy devices market is expected to continue growing in the coming years, driven by the increasing incidence of acute kidney injury and the growing demand for advanced and efficient CRRT devices.

Key Market Players

The key players in the continuous renal replacement therapy devices market report are Baxter International Inc., Fresenius Medical care AG and Co. KGaA, NIKKISO Co., ltd., B.Braun Melsungen AG, Asahi Kasei Corporation, Infomed SA, NxStage Medical, Inc., Medica S.p.A., SWS Hemodialysis Care Co., Ltd., Dialco Medical Inc., Anjue Medical Equipment Co. Ltd., and Medtronic. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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