Global Kidney Function Tests Market Size to Expand at 6.5% CAGR, Will Reach USD 1.26 Billion By 2028: Polaris Market Research

April 26 01:37 2022
Global Kidney Function Tests Market Size to Expand at 6.5% CAGR, Will Reach USD 1.26 Billion By 2028: Polaris Market Research
According to the research report, the global kidney function tests market size & share was valued at USD 779.4 million in 2020 and is expected to reach USD 1.26 Billion By 2028, to grow at a CAGR of 6.5% during the forecast period.

According to the research report, the global kidney function tests market size & share was valued at USD 779.4 million in 2020 and is expected to reach USD 1.26 Billion By 2028, to grow at a CAGR of 6.5% during the forecast period.

What are Kidney Function Tests? How big is Kidney Function Tests Market?

  • Overview

 

Kidney function tests are blood or urine tests that examine how efficiently kidneys work. Most of these tests calculate the glomerular filtration rate (GFR). GFR evaluates how adeptly the kidneys clear waste from the system. Some conditions like high blood pressure and diabetes impact the efficient working of the kidneys. If an individual has one of these conditions, the healthcare provider may use kidney function tests to monitor these conditions. If symptoms like blood in urine, painful urination, recurring need to urinate, and urination issues prevail, kidney function tests are required.

The healthcare provider may request one or few kinds of kidney function tests. There may be blood tests for kidney function like blood urea nitrogen, made from protein breakdown in the blood. Estimated GFR measures filtration rates dependent on protein levels, gender, size, age, and race. Serum creatinine casts about the development of creatinine, a waste product from muscle tissue breakdown.

Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/kidney-function-tests-market/request-for-sample

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Important Questions Being Answered by The Market Report

  • What is the market size and growth?
  • What has been the impact of covid-19 on the global kidney function test market?
  • What are the key regional markets?
  • What is the market breakup dependent on the test type in the global kidney function test market?
  • What are the several stages in the value chain of the industry?
  • What are the significant driving elements and defiance in the industry?

 

Top Companies Profiled in this Report:

  • F.Hoffmann-La Roche Ltd
  • Siemens Healthineers
  • C. R. Bard
  • Inc
  • Abbott Laboratories
  • Nova Biomedical
  • Baxter International Inc
  • Cook Medical
  • Boston Scientific Corporation
  • Danaher Corporation
  • Sysmexare

 

Request for Discount on this Report Before Purchase @ https://www.polarismarketresearch.com/industry-analysis/kidney-function-tests-market/request-for-discount-pricing

Kidney function tests market: Growth leading factors

Increasing demand for systematic identification of kidney diseases is among the crucial factors augmenting the development and direction of the kidney function test market. Further, the growing number of cases of chronic kidney diseases globally and growing consciousness, and the capabilities of private and public healthcare firms for premature diagnostics procedures are also donating to the growth in the global market over the forecast period.

The various makers concentrating on the growth of progressive technological tests which offer early disease identification are also intensifying the development of the market. The growing familiarity with hypertension and diabetes and the speedy increase in alcohol consumption elevates the forecast period’s market growth.

While the covid-19 pandemic presented a significant threat to people suffering from chronic kidney disease as they have an immune system that is weak, the demand for kidney function tests stayed positive as people who were encountering dialysis were counseled to carry on with the treatment.

Directly Purchase a copy of the report with TOC @ https://www.polarismarketresearch.com/checkouts/8791

Kidney function tests market: Report Scope

Report Attribute

Details

Market Size 2020 Value

USD 779.4 million

Market Outlook for 2028

USD 1.26 billion

Expected CAGR Growth

6.5% from 2021 – 2028

Base year

2020

Forecast period

2021 – 2028

Segments covered

By Product, By End-Use, By Region

Key Companies

F.Hoffmann-La Roche Ltd, Siemens Healthineers, C. R. Bard, Inc, Abbott Laboratories, Nova Biomedical, Baxter International Inc, Cook Medical, Boston Scientific Corporation, Danaher Corporation, and Sysmexare

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

 

Kidney function tests market: key segmentation

  • Insight by product, end-use, and region

 

By product, the clearance tests segment was responsible for the prominent market share. Clearance tests are the benchmark for keeping track of and calculating the glomerular filtration rate. These products include inulin and creatinine tests which offer a crucial addition to conventional diagnostics tests to acquire precise results. By end-use, the hospital segment held the largest market share due to growing hospital visits and the growing consciousness about CKD and its cure.

By region, North America held the largest share and is anticipated to sustain its dominance over the study period on account of its healthcare infrastructure that is well established. Growing awareness level about CKD and beneficial compensation policies and initiatives by the government. The US was responsible for increasing its North American regional market share. Significant factors causing its dominance involve the restricted presence of prominent market players and the simplified obtainability of technologically refined products.

Browse the full “Kidney Function Tests Market Share, Size, Trends, Industry Analysis Report, By Product (Clearance Tests, Urine Tests, Blood Tests, Dilution & Concentration Tests, Others), By End-Use (Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, Others), By Regions; Segment Forecast, 2021 – 2028” Report at https://www.polarismarketresearch.com/industry-analysis/kidney-function-tests-market

Objectives of the report

  • To describe, define, forecast, and segment the global kidney function test market by type, product, end-user, and region
  • To offer in-depth information concerning the prominent factors impacting the market’s growth, that is, drivers, restraints, opportunities, and challenges
  • To intentionally inspect micro markets regarding trends of individual growth, contributions, and prospects to the overall market
  • To examine opportunities in the market for stakeholders and offer details of the landscape that is competitive for market leaders
  • To profile the significant players and exhaustively analyze their market shares, product portfolios, and core capabilities in the global kidney function test market
  • To predict the size of market segments in context with four central regions, namely North America, Europe, Asia Pacific, and the Rest of the World

 

The market primarily depends on the product, end-use, and region

Kidney function tests market: By product

  • Clearance Tests
  • Urine Tests
  • Blood Tests
  • Dilution & Concentration Tests
  • Other Tests

 

Kidney function tests market: By end-use

  • Hospitals
  • Diagnostic Laboratories
  • Research Laboratories & Institutes
  • Others

 

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Media Contact
Company Name: Polaris Market Research and Consulting
Contact Person: Likhil
Email: Send Email
Phone: +1-9292-97-97-27
Address:30 Wall Street 8th Floor, New York City, NY 10005, United States
City: New York City
State: US
Country: United States
Website: https://www.polarismarketresearch.com/industry-analysis/kidney-function-tests-market

view more articles

About Article Author