Market Size – The continuous renal replacement therapy machine market size has grown strongly in recent years. It will grow from $1.16 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rise in prevalence of acute kidney injury, rise in sepsis management, rise in aging population, increase in hospital admissions, and growth in chronic kidney disease rates.
The continuous renal replacement therapy machine market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to rising research and clinical trials, growing incidence of diabetes, improvement in patient monitoring, increasing education and awareness campaigns, and increasing demand for continuous therapies. Major trends in the forecast period include technological advancements, nanotechnology integration, AI and predictive analytics, high-volume hemofiltration (HVHF), and advancements in ICU machines.
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Scope Of Continuous Renal Replacement Therapy Machine MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Continuous Renal Replacement Therapy Machine Market Overview
Market Drivers –The rising prevalence of acute kidney injury (AKI) is expected to propel the growth of the continuous renal replacement therapy (CRRT) machine market in the future. Acute kidney injury refers to a sudden decline in kidney function, resulting in the kidneys’ inability to filter waste and maintain fluid and electrolyte balance effectively. This condition arises due to decreased blood flow to the kidneys, direct damage from toxins or infections, and obstructions in the urinary tract. Continuous renal replacement therapy machines provide continuous and gentle dialysis, gradually removing waste products and excess fluids from the blood, stabilizing the patient’s condition, and preventing further complications. For instance, in June 2023, Kidney Research, a UK-based charity, estimated that there were 615,000 cases of acute kidney injury in 2022, with projections indicating a 4% increase to 637,000 cases by 2033. Therefore, the rising prevalence of acute kidney injury is driving the growth of the continuous renal replacement therapy machine market.
Market Trends – Major companies in the continuous renal replacement therapy (CRRT) machine market are advancing extracorporeal CO2 removal (ECCOR) and therapeutic plasma exchange (TPE) technologies to enhance the treatment of critically ill patients. ECCOR technology enhances the removal of toxins and proteins from the blood, improving patient outcomes by more effectively targeting specific contaminants. For instance, in May 2021, Baxter International, a US-based healthcare company, introduced the Baxter PrisMax 2 system. It is a next-generation platform designed to enhance the delivery of continuous renal replacement therapy (CRRT) and other organ support therapies in critical care settings. This new system aims to simplify complex clinical processes and improve operational efficiency in intensive care units (ICUs). The system integrates with Baxter’s TrueVue digital health solutions, allowing for secure wireless connectivity to electronic medical records (EMR). The PrisMax 2 can deliver various therapies, including CRRT, extracorporeal carbon dioxide removal (ECCO2R) using the PrismaLung+ blood-gas exchanger, and blood purification for sepsis management.
The continuous renal replacement therapy machine market covered in this report is segmented –
1) By Type: Mobile, Fixed
2) By Modality: Slow Continuous Ultrafiltration (SCUF), Continuous Venovenous Hemofiltration (CVVH), Continuous Venovenous Hemodialysis (CVVHD), Continuous Venovenous Hemodiafiltration (CVVHDF)
3) By Age Group: Pediatric, Adult, Geriatric
4) By Application: Acute Renal Failure, Chronic Renal Failure, Other Applications
5) By End-User: Hospital, Clinic, Dialysis Center, Home Care, Other End-Users
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Regional Insights – North America was the largest region in the continuous renal replacement therapy machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the continuous renal replacement therapy machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies in the market are Medtronic plc, Fresenius Medical Care AG KGaA, Asahi Kasei Corporation, GE HealthCare Technologies Inc., Toray Industries Inc., Baxter International Inc., Medline Industries LP, Terumo Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Nipro Corporation, B. Braun Medical Inc., Shandong Weigao Blood Purification Products Co. Ltd., Nikkiso Co. Ltd., JMS Co. Ltd., NxStage Medical Inc., Kawasumi Laboratories Incorporated, Guangdong Biolight Meditech Co. Ltd., CytoSorbents Corporation, Quanta Dialysis Technologies Ltd., Nuwellis Inc., Medica S.p.A., Anjue Medical Equipment Co. Ltd., Infomed SA, RenalSense Ltd., SWS Hemodialysis Care Co. Ltd.
Table of Contents 1. Executive Summary2. Continuous Renal Replacement Therapy Machine Market Report Structure3. Continuous Renal Replacement Therapy Machine Market Trends And Strategies4. Continuous Renal Replacement Therapy Machine Market – Macro Economic Scenario5. Continuous Renal Replacement Therapy Machine Market Size And Growth…..27. Continuous Renal Replacement Therapy Machine Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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