The global Continuous Renal Replacement Therapy Market in terms of revenue was estimated to be worth $1.4 billion by 2023 and is poised to reach $2.1 billion by 2028, growing at a CAGR of 8.1% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Various factors such as rise in worldwide prevalence of AKI, Growing number of ICU patients with AKI and rising incidences of sepsis, and growing clinical advantage of CRRT over intermittent blood purification are factors likely to accelerate the growth of the market. Moreover, presence of well-established key players focusing on developing and commercializing technologically advanced and initiatives undertaken by government to increase the awareness about CRRT are likely to propel the market growth during the forecast period.
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The ecosystem map of the overall leukapheresis market comprises the elements present in this market and defines these elements with a demonstration of the bodies involved. CRRT products include systems and disposables. These products vary based on:
- Different types, including dialysates and replacement fluids, disposables and CRRT systems.
- Disposables, including Hemofilters, Blood line and tubes and other disposables
By product, dialysates & replacement fluid segment of the continuous renal replacement therapy industry is to capture largest market share during the forecast period.
The largest share of this segment of the continuous renal replacement therapy market is attributed to factors such growing demand for dialysates to remove undesired solutes and restoring the electrolytes and acid-base balance in the blood along with presence of well-established players with strong offerings in dialysates & replacement fluid. The dialysates and replacement fluids helps in removing undesired solutes and restores the electrolytes and acid-base balance in the blood. The CRRT procedures utilizes the lactate-buffered solutions or sterilized bicarbonate-buffered solutions as replacement fluids. The consumption of these fluids varies with different CRRT modalities, Hence it is more accurate and convenient to use.
The continuous venovenous hemodiafiltration (CVVHDF) is witnessed to have highest growth rate of the continuous renal replacement therapy industry, by modality during the forecast period.
The high growth rate of the CVVHDF segment can be attributed to its flexibility as compared to other CRRT modalities. The CVVHDF modality also combines the benefits of convection and diffusion for the removal of solutes, which is another major factor supporting its growth. The CVVHDF approach is more effective for the removal of small to medium-sized molecules. This therapy is used in patients with fluid overload, congestive heart failure, and acute renal failure.
Adult segment accounted for the largest share of the continuous renal replacement therapy industry, by age group, in 2023
The increasing demand for invisible braces among adults due to large adult population base with AKI, increase in the hospitalization among adult population, and the large availability of CRRT system and disposables for adults undergoing CRRT procedure. The adult population is the fastest-growing age group in both developed and developing nations. It has resulted in the increasing frequency of aggressive surgical and medical interventions, increasing the risk of developing AKI and further contributing to the market growth.
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North America is projected to be the largest regional market for continuous renal replacement therapy industry
North America dominates continuous renal replacement therapy market. The north American region is gaining traction with the increasing incidence and prevalence of AKI. Moreover due to strong foothold of major key players in the region, rising approval of CRRT products for multiple application across many countries, and initiatives by government to increase the awareness about the advancements in renal therapy are likely to play a major role in fueling the growth of the CRRT market in North America.
The prominent players operating in the global continuous renal replacement therapy market include Baxter International Inc. (US), Fresenius Medical Care AG & Co. KGaA (Germany), and B. Braun Melsungen AG (Germany).
