Renal Replacement Therapy Market Size, Share and Forecast 2021-2027
The global renal replacement therapy market is anticipated to grow at a considerable CAGR of around 7.3% during the forecast period (2021-2027). One of the major factors that drive the market growth includes increasing chronic diseases across the globe. For instance, the two main reasons for kidney disease are patients with diabetes and high blood pressure. These two diseases were the primary diagnosis in 76% of kidney failure cases, and the remaining 29% of patients having hypertension. Diabetes and high blood pressure responsible for up to two-thirds of kidney disease cases, Diabetes occurs when a person’s blood sugar is too high that causes damage to the kidney and several organs of the patient’s body including the heart, and eyes. According to the national kidney foundation, kidney disease causes more mortality rate than prostate cancer or breast cancer. Kidney disease affects around 37 million people in the US in 2021. The total number of patients having kidney failure will likely surpass 1 million by 2030. While about 100,000 Americans are waiting for a kidney transplant, and only 22,817 Americans received one in 2020. About one-third of these transplants came from living donors.
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Renal replacement
therapy replaces nonendocrine kidney function in patients having renal failure.
The therapy is recommended when the kidneys are not functioning properly or are
eternally damaged. The most possible treatment in renal replacement therapy
includes peritoneal dialysis, hemofiltration, hemodialysis, and intermittent
hemodialysis. All modalities exchange solute and remove fluid from the blood,
using dialysis and purification across permeable membranes. The major driver of
the growth of the renal replacement therapy market includes the prevalence of
kidney diseases, rising chronic disease, increasing diabetic population,
changes in lifestyle such as the problem with kidney is mostly seen in person
with smoking habits. COVID-19 is targeting people having kidney disease, kidney
transplant patients, and those at risk for kidney disease.
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment Covered-
·
By
Therapy type
·
By End-user
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape – Fresenius
Medical Care AG & Co., Medica S.p.A., Medtronic, cytosorbents, Baxter.
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
o Deviation from the pre-COVID-19
forecast
o Most affected region and segment
·
Who is
the leader in the market?
·
How are
players addressing challenges to sustain growth?
·
Where
is the investment opportunity?
A
full Report of Renal Replacement Therapy Market is Available at: https://www.omrglobal.com/industry-reports/renal-replacement-therapy-market
·
Dialysis
·
Hemodialysis
·
Peritoneal
Dialysis
By
End-User
·
Hospitals
and Clinics
·
Research
Institutes
Global Renal
Replacement Therapy Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
AngioDynamics
·
Asahi
Kasei Corp.
·
B.
Braun Melsungen AG
·
Baxter.
·
C. R.
Bard, Inc.
·
Cantel
Medical.
·
CryoLife,
Inc.
·
DaVita
Inc.
·
Diaverum
Corporate
·
Fresenius
Medical Care AG & Co.
·
Hebei
Ziweishan Pharmaceutical Co., Ltd.
·
Isopure
Corp.
·
JMS
Co., Ltd.
·
Kawasumi
Laboratories, Inc.
·
Medical,
Inc.
·
Medtronic
PLC
·
Nikkiso
Co. Ltd.
·
NxStage
Medical, Inc
·
Renacon
Pharma Ltd.
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