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Kidney Function Test Market 2019 Segments, Trends, Share and Forecast Growth

Author: Robert Henric
by Robert Henric
Posted: Sep 06, 2019

According to the new market research report "Kidney Function Test Market by Product (Dipsticks, Reagents, Disposables), Type (Urine Test (Urine Protein, Microalbumin, Creatinine Clearance), Blood Test (Serum Creatinine, BUN)), End User -Global Forecast", published by MarketsandMarkets™, the global kidney function test market is expected to reach $ 790.1 million, at a CAGR of 6.1%.

The key factors driving the growth of this market include the rising prevalence of kidney disease, growing prevalence of diabetes and hypertension, increasing geriatric population, and rise in alcohol consumption.

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By product, the dipsticks segment is expected to dominate the market in 2017

By product, the market is categorized into dipsticks, reagents, and disposables. Dipsticks are expected to account for the largest share of the market in 2017, they are also expected to grow at the highest CAGR during the forecast period. The large share and high growth rate of this segment can be attributed to factors such as the cost-effectiveness of dipstick testing and its widespread applications across specializations.

Browse and in-depth TOC on "Kidney Function Test Market"

90 - Tables

33 - Figures

126 - Pages

By type, the urine tests segment is expected to account for the largest share of the market in 2017

Based on type, the market is segmented into urine and blood tests. Urine tests are further categorized into urine protein, creatinine clearance, and microalbumin. Similarly, blood tests are categorized into serum creatinine, glomerular filtration rate (GFR), and blood urea nitrogen (BUN).

In 2017, the urine tests segment is expected to account for the largest share of the kidney function test market. This segment is also expected to grow at the highest CAGR during the forecast period. Factors contributing to the large share and high growth rate of this segment include increasing usage of urine dipsticks analysis, the ease in sample collection technique compared to blood samples, and this method also has a very limited risk of infection.

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North America to dominate the Kidney Function Test Market

North America is expected to account for the largest share of the global kidney function/renal function test market. The large share of the North American market is attributed to the increasing incidence of chronic diseases, rising prevalence of hypertension, growing incidence of diabetes in the US, and increasing initiatives by the Canadian government for the treatment of kidney diseases.

The prominent players in the global kidney function test market are Abbott (US), Siemens (Germany), Sysmex (Japan), Beckman Coulter (US), Roche (Switzerland), ACON Laboratories, Inc. (US), URIT Medical (China), Nova Biomedical (US), ARKRAY (Japan), OPTI Medical (US), 77 Elektronika (Hungary), and Randox Laboratories (UK)

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About the Author

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 com

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Author: Robert Henric

Robert Henric

Member since: Nov 29, 2018
Published articles: 109

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