Pune, India -- (SBWIRE) -- 05/10/2019 -- Continuous Renal Replacement Therapy Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of continuous renal replacement therapy market by product (disposables, systems, dialysates replacement fluids), therapy (non-renal, renal),modality (slow ultrafiltration, hemofiltration, hemodialysis, continuous venovenous hemodiafiltration), end-user (hospitals, dialysis clinics, homes) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the continuous renal replacement therapy market it includes the five years industry analysis and the 6 years annual forecast from 2018 to 2024. According to the report, the global continuous renal replacement therapy market is projected to grow at a CAGR of 5.25% over the forecast period of 2018-2024.

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Continuous Renal Replacement Therapy Market: Insight

Continuous renal replacement therapy is a form of dialysis therapy that replaces the normal blood filtering function of the kidneys. Renal treatment is for critically ill and hemodynamically unstable patients in the intensive care unit. Several ways are available for filtration of blood such as hemodiafiltration, hemofiltration, and hemodialysis. Continuous renal replacement therapy is an alternative renal replacement therapy for the removal of wastes and excess plasma water in critically ill patients. Benefits offered by continuous renal replacement therapy are the maintenance of fluid balance, maintains electrolyte balance, prevent further damage to the kidney tissue.

Continuous Renal Replacement Therapy Market: Drivers and Restraints

The increasing occurrence of hypertension and diabetic patients drives the growth of continuous renal replacement therapy market. The occurrence of both hypertension and diabetic patients increases the risk of kidney diseases. Furthermore, the growing aging population coupled with a number of patients admitted to the intensive care unit that requires continuous renal replacement therapy for dialysis boosts the growth of continuous renal replacement therapy market. Moreover, growing worldwide incidence of acute kidney ailments propels the demand for continuous renal replacement therapy. Technological advancements and benefits offered by continuous renal replacement therapy fuel the growth of continuous renal replacement therapy market. However, complications related to therapy affects preferentiality among geriatric population hinders the growth of continuous renal replacement therapy market. High cost associated with CRRT may hamper the growth of continuous renal replacement therapy market. Moreover, the growing use of continuous renal replacement therapy for dialysis expected to provide beneficial opportunities for continuous renal replacement therapy market.

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Continuous Renal Replacement Therapy Market: Regional Analysis

Based on region, Europe dominates the continuous renal replacement therapy market owing to the increasing prevalence of hypertension and diabetic patients. Growing incidences of acute kidney ailments boost the growth of continuous renal replacement therapy in the region. The Asia Pacific is expected to fuel the growth of continuous renal replacement therapy market. Improved healthcare expenditure and increasing adoption of continuous renal replacement therapy in the Asia Pacific region propel the growth of continuous renal replacement therapy market.

Continuous Renal Replacement Therapy Market: Segmentation

The report on global continuous renal replacement therapy market covers segments such as product, therapy, modality, and end-user. On the basis of product, the sub-markets include disposables, systems, and dialysates and replacement fluids. On the basis of therapy, the sub-markets include non-renal, and renal. On the basis of modality, the sub-markets include slow continuous ultrafiltration (SCUF), continuous venovenous hemofiltration (CVVH), continuous venovenous hemodialysis (CVVHD), and continuous venovenous hemodiafiltration (CVVHDF). On the basis of end-user, the sub-markets include hospitals, dialysis clinics, homes, and others.

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Continuous Renal Replacement Therapy Market: Competitive Landscape

The report provides profiles of the companies in the market such as INFOMED SA, Baxter International Inc, Toray Medical Co., LTD, Asahi Kasei Medical Co., Ltd., NIKKISO CO., LTD., B. Braun Melsungen AG, Nipro Corporation, Bellco (Medtronic plc.), NxStage Medical, Inc., and Fresenius Medical Care AG & Co. KGaA.

Report Findings

1. Drivers

- Increasing Occurrence of Diabetes and Hypertension.

- Growing Worldwide Incidence of Acute Kidney Ailments.

2. Restraints

- High Cost Associated with CRRT.

- Complications Related to Therapy Effects Preferentiality Among Geriatric Population.

3. Opportunities

- Growing Use of CRRT.