Posts

Showing posts with the label Continuous Renal Replacement Therapy Market

Continuous Renal Replacement Therapy Market 2030: Navigating the Impact of COVID-19

Image
Continuous Renal Replacement Therapy Market Growth & Trends 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. Over the forecast period, technological advancements are expected to be a crucial driver in the growth of the market. For example, in August 2020, Baxte...