Kidney Function Test Market Analysis on Size, Cost Structure and Prominent Key Players Analysis 2020-2027

Market Highlights

The increasing prevalence of chronic kidney diseases, increase in alcohol consumption, change to sedentary lifestyle, growing prevalence of diabetes, rising obesity and increasing prevalence of cardiovascular diseases are the key factors for the market to grow. However, factors such as high cost of diagnostic procedures, infections, and huge initial investments are expected to restrict the market growth during the forecast period.

The global kidney function test market is expected to reach an approximate CAGR of 5.7% during the forecast period.

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Some of the key players in the global kidney function test market are Urit Medical, Sysmex Corporation, Siemens Healthcare GmbH (Germany), F. Hoffmann-La Roche Ltd., Randox Laboratories, Opti Medical, Nova Biomedical, Beckman Coulter, ARKRAY, Inc., Acon Laboratories, Abbott, Cook Medical, 77 Elektronika, Medical Care (Germany), Baxter (U.S.), Boston Scientific (U.S.), and others.

The global kidney function test market is segmented on the basis of

  • Tests
    • Blood tests
    • Imaging tests
    • Urine tests balloons and kidney stents biopsy
  • Product
    • Dipsticks
    • Disposables
    • Reagents
  • End-user
    • Hospitals and clinics
    • Diagnostic laboratories
    • Ambulatory surgical centers
    • Academic research laboratories
    • Others

The Americas is expected to dominate the kidney function test market during the forecast period. The rise in the occurrence of chronic kidney diseases drives the market in this region. According to the Centers for Disease Control and Prevention (2017), 30 million Americans are affected by Chronic Kidney Disease. It is also mentioned that CKD is more prevalent in women than in men. This influences the market growth during the forecast period.

Europe (U.K., Belgium, France, and the Netherlands) is second in the market owing to the increasing prevalence of diabetes and growing healthcare expenditure. According to the World Health Organization 2015, 60 million people in Europe are affected by diabetes. High prevalence of diabetes drives the market growth in this region.

Asia Pacific is expected to observe growth in the global kidney function test market owing to increasing prevalence of diabetes, rising geriatric population, high blood pressure, and change to an unhealthy lifestyle. High blood pressure damages the blood vessels of the kidney which eventually leads to improper functioning of the kidney. According to the Blood Pressure Association in 2015, large patient pool with high blood pressure was found in South Asia with 226 million people in China and 199 million in India. This provides favorable backgrounds for the market growth.

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TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

TOC Continued…

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