Report ID: SQMIG35A2403
Report ID:
SQMIG35A2403 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
Continuous Renal Replacement Therapy Market Drivers
High Incidence of Acute Kidney Injury
Growing prevalence of acute kidney injury among people around the world is forecasted to primarily bolster the demand for continuous renal replacement therapy over the coming years. Continuous renal replacement therapy plays a crucial role in improving health and kidney function of people in serious conditions and widely utilized for hemodynamically unstable patients thereby bolstering market development going forward.
Increasing Senescent Population
The rapidly rising geriatric population around the world is projected to favor the global continuous renal replacement therapy market growth in the future. Elder people are more at risk of suffering from diabetes, hypertension, and cardiovascular diseases, which increase the risk of acute kidney injury or failure thereby cementing the demand for continuous renal replacement therapy.
Continuous Renal Replacement Therapy Market Restraints
Risk of Complications and Side Effects
Although continuous renal replacement therapy is seen as a safe and beneficial treatment, it also comes with certain side effects and risks. electrolyte imbalances, infection risks, and hemodynamic instability are expected to be some of the most common side effects. Growing concerns regarding these complications and side effects are slated to hurt the adoption of continuous renal replacement therapy going forward.
Stringent Regulatory Requirements
Continuous renal replacement therapy is subject to strict regulatory mandates and ensuring compliance with these regulations is a herculean task for companies. The time-consuming and costly approval processes for new devices can delay market entry and stifle innovation, which in turn is expected to hurt the overall global continuous renal replacement therapy market outlook in the long run.
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Report ID: SQMIG35A2403