Market Overview
Renal replacement therapy is typically used to exchange the normal blood-filtering function of the kidneys. It is one of the most critical therapies in the treatment of severe acute kidney injuries and end-stage kidney diseases. There are three types of renal replacement therapy namely continuous renal replacement therapy, peritoneal dialysis, and intermittent hemodialysis.
Generally, continuous renal replacement therapy treatment is given to patients suffering from acute kidney injury, especially for hemo-dynamically unstable cases. It involves hemofiltration, hemodialysis or combination of both. Furthermore, the continuous renal replacement therapy is different from conventional therapies as intermittent hemodialysis lasts for six hours in later, while it lasts for 24 hours in the former. Hence, continuous renal replacement therapy is widely accepted than conventional therapies involving intermittent hydrolysis globally.
Market Dynamics
Increasing cases of chronic kidney disease is expected to boost the global continuous renal replacement therapy market growth over the forecast period.
Chronic kidney disease is a major risk factor for cardiovascular disease, diabetes, hypertension, and inflammatory disease of the kidney called glomerulonephritis. According to the National Center for Biotechnology Information (NCBI), in 2014, around 200 million people were with chronic kidney disease, which may lead to the complete loss of renal failure or kidney injury and can also result in end stage renal disease if left untreated. Moreover, increasing number of acute kidney injuries and technological advancements in the field of pediatric such as Cardio-Renal Pediatric Dialysis Emergency Machine (CARPEDIUM) for the treatment of acute kidney injury in small infants is expected drive growth of the global continuous renal replacement therapy market growth over the forecast period.
However, high complexity of continuous renal replacement therapy, procedural costs, and reimbursement issues are expected to hinder the global continuous renal replacement therapy market growth over the forecast period.
Regional Insights
The global continuous renal replacement therapy market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to witness significant growth in the global continuous renal replacement therapy market during the forecast period. This is owing to increasing cases of chronic kidney diseases. According to American Kidney Fund, in 2015, around 31 million people were diagnosed with chronic kidney disease and it is the ninth leading cause of death in the U.S. Furthermore, in 2015, an innovative technology called wearable artificial kidney was launched in the U.S., which is designed to provide continuous renal replacement 24 hours a day, thereby providing feasibility and affordability to patients. Moreover, Asia Pacific is expected to register lucrative growth, owing to rising investment in healthcare facilities and high unmet medical needs related to target diseases including diabetes and hypertension.
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Competitive Section
Major companies involved in the global continuous renal replacement therapy market are Baxter International, Nikkiso Co. Ltd., B. Braun Melsungen AG, Bellco S.r.I, NxStage Medical, Asahi Kasei Corporation, Medica S.P.A, Toray Medical Co., Nipro Corporation, Medtronic Plc, and Dialysis Solutions Inc.
Major companies are focused on organic growth strategies such as product launches, in order to gain competitive edge in the market. For instance, in May 2015, Fresenius Medical Care AG & Co. KGaA launched a new therapy system named Multifiltrate PRO for continuous renal replacement therapy and also for the acute kidney failure.
Continuous Renal Replacement Therapy Market Taxonomy
Continuous renal replacement therapy market can be segmented on the basis of product, modality, end user, and geography.
On the basis of product:
- Dialysate And Replacement Fluids
- Disposables
- Bloodline Sets
- Hemofilters Systems
On the basis of modality:
- Slow Continuous Ultrafiltration
- Continuous Venovenous Hemofiltration
- Continuous Venovenous Hemodialysis
- Continuous Venovenous Hemodiafiltration
On the basis of end user:
- Hospitals
- Dialysis Clinics
- Others
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Table of Content
Global Continuous Renal Replacement Therapy Market Research Report
Section 1: Global Continuous Renal Replacement Therapy Industry Overview
Section 2: Global Economic Impact on Continuous Renal Replacement Therapy Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Continuous Renal Replacement Therapy Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Continuous Renal Replacement Therapy Market Forecast
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