The continuous renal replacement therapy devices market is projected to grow by USD 470.02 million with a CAGR of 8%, during the forecast period 2020 to 2025.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (consumables and systems) and geography (Europe, North America, APAC, and ROW).
The continuous renal replacement therapy devices market report also offers information on several market vendors, including Asahi Kasei Corp., B. Braun Melsungen AG, Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Infomed SA, MEDICA SPA, Medtronic Plc, Nikkiso Co. Ltd., Spectral Medical Inc., and Toray Medical Co. Ltd. among others.
Asahi Kasei Corp. - The company offers applied products for CRRT including CUREFLO filter and PLASAUTO blood purification equipment. Under the material segment, the company offers various products such as caustic soda, chlorine, acrylonitrile, styrene, methyl methacrylate, adipic acid, polyethylene, polystyrene, and other petrochemicals.
What will the Continuous Renal Replacement Therapy Devices Market Size be During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global CRRT devices market as a part of the global healthcare equipment market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the continuous renal replacement therapy devices market during the forecast period.
Continuous Renal Replacement Therapy Devices Market: Key Drivers, Trends, and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
This continuous renal replacement therapy devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Continuous Renal Replacement Therapy Devices Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the continuous renal replacement therapy devices market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for the Continuous Renal Replacement Therapy Devices Market?
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31% of the market’s growth will originate from North America during the forecast period. The US is the key market for continuous renal replacement therapy devices in North America. Market growth in this region will be faster than the growth of the market in the APAC regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Fastest-Growing Product Segment in the Continuous Renal Replacement Therapy Devices Market?
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The continuous renal replacement therapy devices market share growth by the consumables segment will be significant during the forecast period. The basic consumable components in a CRRT system include an artificial semipermeable membrane (also called the dialyzer or filter), an extracorporeal circuit, and therapy fluids such as dialysate and replacement fluids. The artificial semipermeable membrane offers solute and water removal and corrects any electrolyte abnormalities along with acid-base disturbances. The consumables market had the largest share in the products segment in 2017. The factors triggering the growth of this segment are the increasing use of hemofilter, fluids, charcoal filters, and other consumables in CRRT. Moreover, the constant, repeat purchases of consumables due to their one-time use adds to the revenue in this segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the continuous renal replacement therapy devices market size and actionable market insights on the post-COVID-19 impact on each segment.
Continuous Renal Replacement Therapy Devices Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 8%
Market growth 2021-2025
$ 470.02 million
YoY growth (%)
Europe, North America, APAC, and ROW
Performing market contribution
North America at 31%
US, China, Germany, UK, and India
Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled
Asahi Kasei Corp., B. Braun Melsungen AG, Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Infomed SA, MEDICA SPA, Medtronic Plc, Nikkiso Co. Ltd., Spectral Medical Inc., and Toray Medical Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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What are the Key Data Covered in this Continuous Renal Replacement Therapy Devices Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive continuous renal replacement therapy devices market growth during the next five years
- Precise estimation of the continuous renal replacement therapy devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the continuous renal replacement therapy devices market industry across Europe, North America, APAC, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of continuous renal replacement therapy devices market vendors
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- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Consumables - Market size and forecast 2020-2025
- Systems - Market size and forecast 2020-2025
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Asahi Kasei Corp.
- B. Braun Melsungen AG
- Baxter International Inc.
- Fresenius Medical Care AG & Co. KGaA
- Infomed SA
- MEDICA SPA
- Medtronic Plc
- Nikkiso Co. Ltd.
- Spectral Medical Inc.
- Toray Medical Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
- Collation of data
- Estimation of key figures
- Analysis of derived insights
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape