Continuous Renal Replacement Therapy Market
The COVID 19 is expected to have a positive impact on market due to increasing prevalence of acute kidney injury. According to a WHO, acute kidney injury, a potentially life threatening condition in which the kidneys cease working and uremic and fluid toxins build up in the body, is one of the many COVID 19 side effects. As a result, as the COVID 19 outbreak expands, demand for CRRT will continue to climb.
The global continuous renal replacement therapy market size is anticipated to reach USD 2.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2022 to 2030. The primary driving factors for market growth are increasing prevalence of congestive heart failure and acute renal failure.
Regiocit is exclusively approved for use as a replacement solution in adult patients receiving Continuous Renal Replacement Therapy (CRRT) and who require regional citrate anticoagulation during the COVID 19 pandemic, according to the EUA. Browse full report with Table of Content (PDF with All Related Graph and Chart)
Over the forecast period, technological advancements are expected to be a crucial driver in the growth of the market. For example, in August 2020, Baxter International Inc., a global leader in acute care, announced that Regiocit, the company's replacement solution containing citrate for extracorporeal circuit regional citrate anticoagulation, has acquired an Emergency Use Authorization (EUA) from the U.S Food and Drug Administration (FDA).
Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2030 Continuous Renal Replacement Therapy Market Growth & Trends
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Continuous Renal Replacement Therapy Market Report Highlights
Asia Pacific was the fastest growing market for continuous renal replacement therapy with a growth rate of 9.6%. Various factors are responsible for the region growth such as technological advancement, growing healthcare infrastructure development as well as and presence of such a huge patient base in this region Requesting a Sample Copy of This Report, Please Visit @
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Grand View Research has segmented the global continuous renal replacement therapy market on the basis of product, modality, and region: Renal Replacement Therapy Market, Product Outlook (Revenue USD Million; 2017 2030) System Consumables Renal Replacement Therapy Market, Modality Outlook (Revenue USD Million; 2017 - 2030) Slow Continuous Ultra Filtration (SCUF) Venovenous Hemofiltration (CVVH) Continuous Venovenous Hemodialysis (CVVHD) Venovenous Hemodiafiltration (CVVHDF) Renal Replacement Therapy Market, Age Group Outlook (Revenue USD Million; 2017 2030) Adults
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By product, the consumables segment held the largest revenue share of 60.6% in 2021. Although these products are low priced, it is used repeatedly purchased; hence the market for consumables is the largest as compared to other segments Based on the modality, the Continuous Veno venous Hemofiltration (CVVH) segment held the largest revenue share of 31.5% in 2021. Fluid overload situations, which are common in acute kidney injury patients in critical care units, are expected to increase, boosting the CVVH market's growth
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Pediatrics /Neonates Continuous Renal Replacement Therapy Market, End Use Outlook (Revenue USD Million; 2017 2030) Hospitals Ambulatory Centers Specially Clinics Others Continuous Renal Replacement Therapy Market, Regional Outlook (Revenue, USD Million, 2017 2030) North America o U.S. o Canada Europe o UK o Germany o France o Italy o Spain Asia Pacific o Japan o China o India o Australia o South Korea Latin America o Brazil o Mexico o Argentina o Colombia Middle East and Africa (MEA) o South Africa
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o Saudi Arabia o UAE List of Key Players in Continuous Renal Replacement Therapy Market B. Braun Melsungen AG Baxter International, Inc. Fresenius Medical Care AG & Co. KGaA Asahi Kasei Corporation NIPRO Corporation Toray Medical Co., Ltd NxStage Medical, Inc. Medtronic plc & Others Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/3858/ibb Why Purchase this Report?
To gain competitive intelligence about leading companies with information about their market share and growth rates. About Grand View Research Grand View Research is a full time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.