Report ID: SQMIG35A2403
Report ID:
SQMIG35A2403 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
Continuous Renal Replacement Therapy Market size was valued at USD 1.4 Billion in 2023 and is poised to grow from USD 1.51 Billion in 2024 to USD 2.82 Billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).
Rapidly increasing prevalence of kidney disorders and acute kidney injuries are projected to primarily augment the demand for continuous renal replacement therapy over the coming years. Growing geriatric population around the world and increasing risk of kidney dysfunction in the same population base are also expected to bolster the sales of continuous renal replacement therapy solutions going forward. Rising number of serious kidney patients and advancements in continuous renal replacement therapy technologies are also forecasted to present new opportunities in the future. Growing healthcare spending in developing regions and rising demand for novel kidney treatments are also estimated to bolster revenue generation for continuous renal replacement therapy providers in the long run. On the contrary, high costs of continuous renal replacement therapy treatments, risk of complications, dearth of skilled professionals, and stringent regulatory requirements are projected to impede the adoption of continuous renal replacement therapy across the study period and beyond.
US Continuous Renal Replacement Therapy Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2403