Continuous Renal Replacement Therapy (CRRT) Market | Robust Growth In Healthcare Industry | 2016 To 2022

Chicago, IL -- (SBWire) -- 09/12/2017 --A popular choice of therapy for the treatment of ICU patients suffering from AKI specifically unstable cases that are hemodynamic is the continuous renal replacement therapy (CRRT). This therapy involves the removal of solute from blood through the process of hemodialysis or hemofiltration or the combination of both processes. It is mainly carried about for 24 hours in an ICU, making it different other kinds of conventional renal replacement therapies involving intermittent hemodialysis that last for 4 to 6 hours or even less.

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The report on the global Continuous renal replacement therapy (CRRT) market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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KEY PREMIUM INDUSTRY INSIGHTS

1. Growing geriatric population globally, continuous rise in the no. of ICU patients, rising healthcare practitioners' preferences over conventional methods of hemodialysis due to several benefits associated with CRRT, and various advancements of technology CRRT systems field are key factors boosting the market growth of CRRT globally.

2. Expensive CRRT systems, dearth of skilled staff for managing CRRT systems, strict regulations in the developed economies and certain unfavorable policies of medical reimbursement in various developing regions are hindering the market growth of CRRT globally.

3. There are various no. of challenges occurring in the global market for CRRT such as lack of skilled ICU nurses and poor reimbursement scenario in developed regions as well as lack of awareness associated with the CRRT benefits.

Regionally, the global continuous renal replacement therapy (CRRT) market is fragmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these regions, Europe is anticipated to be the leader of the largest market share of CRRT over the forecast period. However, Asia-Pacific region is anticipated to expand with maximum growth rate in the years to come owing to the large population of patient suffering from acute kidney injury, growing CRRT utilization in Japan and Australia, and improving infrastructure of healthcare industry across Asia- Pacific region.

KEY MARKET PLAYERS

Key players in the continuous renal replacement therapy (CRRT) market include:

1. Baxter International Inc.
2. Fresenius Medical Care AG & Co. KGaA
3. Nikkiso Co., Ltd.
4. Nxstage Medical, Inc.
5. B. Braun Melsungen AG
6. Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation)
7. BeLLCo S.R.L. (A Part of Medtronic PLC)
8. Toray Medical Co., Ltd.
9. Infomed SA
10. Medica S.P.A.

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