Continuous Renal Replacement Therapy Market

Continuous Renal Replacement Therapy Market: North America Projected to Witness Promising Growth During the Forecast Period: Global Industry Analysis and Opportunity Assessment 2017–2027

The global continuous renal replacement therapy market is poised to grow from almost US$ 743 Mn in 2016 to about US$ 1,656 Mn by 2027 end. This represents a CAGR of 7.7% during the forecast period. Several factors are responsible for this growth. Three key market drivers are highlighted below.

  • Product innovation and a wide product portfolio drives market growth

Strong global demand driven by an increasing dialysis patient population and rise in cases of acute kidney injuries creates synergies and broader market opportunities. Fresenius Medical Care AG & Co. KGaA, the world’s largest provider of dialysis products and services, has launched multi-FiltratePRO, a therapy system for continuous renal replacement therapy (CRRT), for the treatment of acute kidney failure in critically ill patients at intensive care units. Core positions in home hemodialysis and CRRT provide a platform for sustainable growth and investing to capitalize on the potential of next $1B+ businesses in home HD and acute care.

  • High prevalence of Chronic Kidney disease (CKD) worldwide

Chronic Kidney Disease (CKD) is a major risk multiplier for cardiovascular disease, diabetes, hypertension, and inflammatory disease of the kidney (glomerulonephritis). CKD may lead to kidney injury and sometimes to complete loss of kidney function, thus necessitating renal replacement therapy. World Kidney Day, a global awareness campaign estimated that 10% of the worldwide population is affected by CKD. CKD stood 18th in the global list of causes of total number of deaths in 2010 according to Global Burden Study. CKD leads to end stage renal disease (ESRD) if untreated. According to the National Kidney Foundation, about 468,000 ESRD patients were on dialysis in the U.S. in 2015. Dialysis being the most easily available treatment for kidney disease coupled with a high global prevalence of CKD are major factors driving the dialysis equipment market.

  • Entry of Multi-functional Continuous Renal Replacement Therapy and changes in the healthcare industry could drive up revenue growth of the market

In conventional dialysis systems every parameter is set manually and controlled by the user or caregiver. Technological advancements in currently available continuous renal replacement machines allow the management of disease parameters automatically. Most of the problems are directly handled by the automated digital machines, which is otherwise not possible in conventional systems, thus reducing the labour cost. Manufacturers are focussing on developing fully automated, portable and technologically sound dialysis equipment to provide better and vast options for users of all ages. Several measures have been taken to improve the efficiency of continuous renal replacement therapy devices, including the introduction and use of high-flux and high-efficiency membranes, which has been possible due to technological advances in polymer chemistry and membrane development.

Healthcare laws and regulations may affect market growth adversely

Healthcare companies are susceptible to a changing regulatory environment and are subject to a number of laws and regulations, non-compliance with which could adversely affect their business. The impact of healthcare laws on companies is direct to the extent companies are subject to these laws and regulations; and indirect in that in a number of situations, even though the company may not be directly regulated by specific healthcare laws and regulations, the company’s products must be capable of being used by customers in a manner that complies with those laws and regulations. The complexity of healthcare laws may have an adverse impact on the revenue growth of the global continuous renal replacement therapy market.

Global Continuous Renal Replacement Therapy Market Attractiveness Analysis by Region

North America is projected to dominate the global Continuous Renal Replacement Therapy (CRRT) Market in revenue terms in 2017 and this trend will continue into the next 10 years. The North America market is the most attractive region, recording an attractiveness index of 1.8 during the forecast period. North America is estimated to account for 26.0% value share in the CRRT market in 2017. However, the North America CRRT market is predicted to lose 8 BPS in its market share by 2027 over 2017, owing to efforts taken by the government and CRRT equipment manufacturers to expand dialysis products and services to other emerging regions of the globe. Western Europe is expected to be the second most lucrative region in the global CRRT market, with an attractiveness index of 1.5 during the forecast period. Western Europe is likely to hold 20.7% value share in the CRRT market in 2017.

 

‘Continuous Renal Replacement Therapy Market: Global Industry Analysis and Opportunity Assessment 2017 - 2027’ is a report based on a robust research methodology that has helped us in delivering yet another comprehensive publication that deciphers this niche market. In this report, historical data, primary responses and public domain data has been thoroughly analyzed to infer the market size. Revenue of companies operating in the continuous renal replacement therapy market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global continuous renal replacement therapy market.

Market Segmentation

The market taxonomy breaks down the global continuous renal replacement therapy market into various segments and sub-segments to help report audience understand this vast and dynamic market in a comprehensive manner.

Product Type

End User

Region

  • Dialysis System

  • Consumables

    • Hemofilter Sets

    • Solution

    • Accessories

  • Hospitals

  • Dialysis Clinics

 

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific excluding Japan

  • Middle East and Africa

  • Japan

 Introduction to the report

This report is about renal replacement therapy (RRT), which is a therapy that replaces the normal blood-filtering function of the kidneys. It is used when the kidneys are not working well, which is called renal failure and is caused by acute kidney injury and chronic kidney disease. Renal replacement therapy includes dialysis (hemodialysis or peritoneal dialysis, hemofiltration and hemodiafiltration), which are various ways of filtration of blood with or without machines. CRRT is widely used for acute kidney injury. This report dwells on the various types of dialysis and the modality of continuous renal replacement therapy. The various types of consumables that are used in the process of continuous renal replacement therapy are also discussed in this report.

Scope of this report

Factors used to arrive at the final market size include hospitals as well as dialysis centres consumption data. Top down approach is followed to reach the conclusion by visualising the consumption pattern of consumables. Consumables segment includes HemoFilter set, Replacement solution and accessories like catheter. Profiles of about twenty companies are given in the report. But for market estimation, products of other companies are also taken into consideration. Syringes, gloves and therapy cost are excluded from the scope of this report. Total CRRT market also includes the drugs used to maintain the CRRT. These factors are not considered in this report. 

Report Inclusions

This report is divided into four distinct parts. The first part consists of the introduction to the continuous renal replacement therapy market. The next section consists of the global continuous renal replacement therapy market analysis and forecast by product type, by end user and by region. The third part consists of the regional continuous renal replacement therapy market analysis and forecast and the regions are selected as per the market taxonomy. The last section of this report contains the competitive landscape of the global continuous renal replacement therapy market and gives a list of the important players operating in this lucrative market.    

In the introduction section, the pertinent market numbers about the global continuous renal replacement therapy market are given along with the CAGR for the forecast period 2017-2027. The introduction also contains an executive summary through which the report audiences can have a cursory glance into this vast market. In the introduction, global continuous renal replacement therapy device value chain analysis is mentioned. Global continuous renal replacement therapy market volume analysis and forecast by product type for the period 2017-2027 is given as well. Continuous renal replacement therapy pricing analysis by product type is also included in the introduction. An important section focusses on the market dynamics of the global continuous renal replacement therapy market. This market dynamics section lists the drivers, restraints, opportunities and trends that are applicable in the global continuous renal replacement therapy market and discusses in detail the factors that are encouraging the growth of this market and the factors that are hampering the growth of this market. Various market trends – both long-term and short-term – are also discussed in this part of the report. In addition, the various market opportunities are also discussed in this sub-section of the report. 

The next section of the report highlights the regional continuous renal replacement therapy market analysis and forecast and contains important information about the market such as the BPS analysis, year-on-year growth rates, absolute dollar opportunity and market attractiveness analysis of the global continuous renal replacement therapy market. The last part of the report contains the competitive landscape of the global continuous renal replacement therapy market. This section contains information on the leading companies operating in the global continuous renal replacement therapy market. The competition landscape gives a dashboard view of the key companies operating in the global continuous renal replacement therapy market along with their important information and broad strategy adopted to stay as leaders in the continuous renal replacement therapy market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented.       

Why should you invest in this report?

If you are aiming to enter the global continuous renal replacement therapy market, then this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major types of dialysis are covered in this report and information is also given on the important regions of the world where this market is likely to boom in the near future and during the forecast period of 2017-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of completion you will be facing in this hugely competitive market and if you are an established player in this market already, then this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.