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Showing posts with the label Continuous Renal Replacement Therapy Market

Transforming Renal Care: The Growth of Continuous Renal Replacement Therapy (CRRT)

  Continuous Renal Replacement Therapy   Industry Overview The global continuous renal replacement therapy market size is anticipated to reach USD 2,603.8 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2023 to 2030. The primary driving factors for market growth are increasing prevalence of congestive heart failure and acute renal failure. The COVID-19 is expected to have a positive impact on market due to increasing prevalence of acute kidney injury. According to a WHO, acute kidney injury, a potentially life-threatening condition in which the kidneys cease working and uremic and fluid toxins build up in the body, is one of the many COVID-19 side effects. As a result, as the COVID-19 outbreak expands, demand for CRRT will continue to climb.   Gather more insights about the market drivers, restrains and growth of the  Continuous Renal Replacement Therapy Market Over the forecast...

Continuous Renal Replacement Therapy Market size is anticipated to reach USD 2,603.8 million by 2030

  Continuous Renal Replacement Therapy Industry Overview The global continuous renal replacement therapy market size was valued at USD 1,356.7 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. Rising incidence of acute kidney injury (AKI), increasing incidence of sepsis, rapid increase in the volume of hospitals and urgent care centers, growing hospital admissions rate, and constant product launches by prominent market players are a few factors driving the demand for CRRT, thereby propelling the market growth. According to the American Kidney Fund, 37 million U.S. citizens are living with kidney disease and 807,000 people in the U.S. are diagnosed with kidney failure. Gather more insights about the market drivers, restrains and growth of the   Continuous Renal Replacement Therapy Market In the pre-COVID-19 era, the burden of COVID-19-associated AKI climbed to almost 4 million cases per year. CRRT was ...

U.S. Continuous Renal Replacement Therapy Market is expected to expand at a CAGR of 6.1% from 2021 to 2028

  U.S. Continuous Renal Replacement Therapy Industry Overview The  U.S. continuous renal replacement therapy market  size is expected to reach USD 957.2 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The U.S. market is expected to grow owing to the growing number of ICU patients with Acute Kidney Injury (AKI), along with the increasing incidence of sepsis. Moreover, COVID-19 has positively impacted the market growth. In addition, the presence of well-established key players in the country focusing on developing and commercializing technologically advanced devices and initiatives undertaken by the government to increase the awareness about continuous renal replacement therapy (CRRT) is expected to boost the market growth during the forecast period.   U.S. Continuous Renal Replacement Therapy Market Segmentation Grand View Research has segmented the U.S. continuous renal replacem...