Continuous Renal Replacement Therapy Industry Worth 1.1 Billion USD by 2020

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Continuous Renal Replacement Therapy Industry Worth 1.1 Billion USD By 2020 http://www.marketsandmarkets.com/Market-Reports/continuous-renal-replacementtherapy-market-246917088.html

The report Continuous Renal Replacement Therapy (CRRT) Market by Products (System, Disposables (Hemofilters & Bloodlines), & Dialysate/Replacement Fluids), Modality (SCUF, CVVH, CVVHD, CVVHDF) and Geography - Regional Adoption and Global Forecasts to 2020 , analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Browse 76 market data tables 66 figures 174 pages And in-depth TOC on ÍžContinuous Renal Replacement Therapy MarketÍ&#x;

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This report studies the global CRRT market over the forecast period of 2015 to 2020. The market is expected to reach USD 1.1 Billion by 2020 at CAGR of 7.2% from 2015 to 2020. http://www.marketsandmarkets.com/Market-Reports/continuous-renal-replacement-therapymarket-246917088.html

The global CRRT market was dominated by Baxter International Inc. (U.S.) in 2014. Other players in the CRRT market include Fresenius Medical Care AG & Co. KGaA (Germany), Asahi Kasei Medical Co., Ltd. (Japan), B. Braun Melsungen AG (Germany), Bellco S.r.l.

(Italy), Infomed SA (Switzerland), Medica S.p.A (Italy), Medical Components, Inc. (U.S.), Nikkiso Co., Ltd (Japan), NxStage Medical, Inc. (U.S.), and Toray Medical Company Limited (Japan).

Download The PDF Brochure For This Report@ http://www.marketsandmarkets.com/pdfdownload.asp?id=246917088 Baxter International Inc. holds the leading position in the global CRRT market, with a share of ~55% in 2014. This largest share is mainly attributed to the co pa y’s focus on inorganic growth strategies such as strategic expansions and acquisitions to strengthen its CRRT business and increase its market share. This can be illustrated from the acquisition of Sweden-based Gambro AB (the company was a leader in the CRRT market prior to its acquisition by Baxter) in September 2013. Through this, Baxter significantly expanded its product portfolio and geographic presence in the global CRRT market.

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Baxter offers a broad product portfolio for the CRRT market. The company manufactures its products in over 29 countries and serves patients and clinicians in about 100 countries.

Baxter has a strong presence in North America, with diverse manufacturing facilities in the

U.S. as well as commercial and compounding pharmacy operations and a manufacturing facility in Canada.

Baxter also has manufacturing and distribution sites and renal care facilities across AsiaPacific and Latin America. Additionally, the company remains committed to investing in R&D activities to develop breakthrough technologies to accelerate its organic growth. As part of this strategy, Baxter intends to launch an advanced and user-friendly CRRT machine, Prismax, in early 2016.

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Fresenius Medical Care AG & Co. KGaA holds the second position in the global CRRT market, accounting for a market share of 10% in 2014. The company provides a wide product portfolio for individuals with acute kidney diseases. Fresenius develops and manufactures dialysis products through 40 production sites located across the globe, and markets these products in more than 120 countries. Fresenius is one of the wellestablished players in the global CRRT market. The company has a strong geographic

presence across the globe; however, it has no presence in the U.S. CRRT market.

Fresenius’ strong R&D capabilities further add to its prominent market presence.

Furthermore, the company focuses on new product launches and product enhancements as well as strategic expansion as key business strategies to ensure its growth in the global CRRT market. This can be illustrated by the recent launched of multiFiltratePRO (a new therapy system for the treatment of acute kidney failure) by the company in May 2015.

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Leading players in this market are focusing on product approvals, launches, and enhancements; and mergers and acquisitions to expand their market presence. Market

players adopted these strategies to develop novel products, expand their product portfolio, enter growing markets, and strengthen their distribution networks. Baxter International Inc. (U.S.), Bellco S.r.l. (Italy), Fresenius Medical Care AG & Co. KGaA (Germany), and NxStage Medical, Inc. (U.S.) have been primarily focusing on product enhancements and launching advanced CRRT systems and disposables to widen their

product portfolio.

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