CONTINUOUS RENAL REPLACEMENT THERAPY MARKET ANALYSIS

Regional Analysis

On the basis of region, continuous renal replacement therapy market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa. North America is expected to dominate the global continuous renal replacement therapy market, owing to the rising incidences of chronic kidney disease. According to American Kidney Fund, in 2015, around 31 million people were diagnosed with chronic kidney disease and it is the ninth leading cause of death in the U.S. Moreover, an innovative technology called wearable artificial kidney launched in the U.S, in 2015 has been designed to provide continuous renal replacement 24 hours a day thus providing feasibility and affordability to the patients. Furthermore, Asia Pacific is expected to emerge as the most lucrative market for continuous renal replacement therapy over the forecast period due to continuous rise in investments aimed at improving healthcare infrastructure and high unmet medical needs pertaining to target disease, such as hypertension and diabetes.