According to Stratistics MRC, the Global Continuous Renal Replacement Therapy (CRRT) Market is accounted for $0.78 billion in 2015 and is expected to reach $1.26 billion by 2022 growing at a CAGR of 7.1%. The clinical advantages of CRRT Techniques are the primary factors favoring the market growth. Furthermore, rapidly increasing aging population, rising number of Acute Kidney Injury (AKI) patients and technological advancements & new product launches are the factors influencing the market growth. However, high complexity & procedural costs of CRRT therapy, inconsistent reimbursement scenario in European countries and lack of trained ICU nurses are the factors restraining the market growth.
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In 2015, dialysate and replacement fluids segment has the dominant share in global Continuous Renal Replacement Therapy (CRRT) products market and is expected to continue its dominance throughout the forecast period. The dominance is due to its higher demand during CRRT procedure, and improvisation and commercialization of advanced renal replacement solutions. Based on modality, Continuous Venovenous Hemofiltration (CVVH) segment has the leading market share in 2015 and Continuous Venovenous Hemodiafiltration (CVVHDF) segment is expected to witness high growth rate.
Europe has the largest regional market for Continuous Renal Replacement Therapy (CRRT) due to approval of CRRT machine and anti-coagulants for multiple applications, rapidly increasing aging population and increasing prevalence of AKI patients. Asia Pacific is expected to witness highest growth on account of rapidly expanding healthcare infrastructure in emerging markets such as India and China.
Some of the key players in the global Continuous Renal Replacement Therapy (CRRT) market include Infomed SA, Toray Medical Company Limited, Baxter International, Asahi Kasei Medical Co., Ltd., Medica S.P.A., Medical Components, Inc., NikkisCo., Ltd., Covidien, Fresenius Medical Care AG & Co. KGaA, NxStage Medical, Inc., BellcS.R.L. and B. Braun Melsungen AG.
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Dialysate and Replacement Fluids
Rest of Europe
Rest of Asia Pacific
Rest of the World
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