Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 896.47 Million | USD 1,537.87 Million | 6.18% | 2023 |
The global Kidney Function Test Market size was worth around USD 896.47 Million in 2023 and is predicted to grow to around USD 1,537.87 Million by 2032 with a compound annual growth rate (CAGR) of roughly 6.18% between 2024 and 2032.
Kidneys play a key role in the elimination of toxins like urea, serum osmolality, uric acid, creatinine, electrolyte concentration, and regulation of extracellular fluid volume. They produce hormones like 1,25 dihydroxyvitamin D, erythropoietin, and renin. Moreover, assessing kidney function is vital for effectively managing of patients impacted due to kidney disorders.
The growth of the kidney function test market during the forecast timeline is attributed to the need for identifying kidney ailment, determining the kidney response to medical treatment, and evaluating the progress of the kidney disease. According to the NIH study, the global occurrence of chronic kidney disease is nearly 14% and the common causes of this disorder are high blood pressure and diabetes.
Furthermore, the tests for kidney function can be utilized for assessing the glomerular filtration rate. Moreover, the assessment of GFR or glomerular filtration rate is used for detecting the presence of the level of kidney impairment. Additionally, if the GFR is found to be reduced over a particular timespan or time interval, the physician can determine the chronic kidney disease phase.
Apparently, kidney function tests are used for knowing whether kidney disorder is chronic or not. In the case of urine albumin, the kidney function tests can also detect incipient nephropathy in patients mostly diabetics containing albumin in their urine. Apart from this, tubular function disorder like Fanconi syndrome can be identified through the kidney function tests through measuring levels of amino acids, pH, glucose, and phosphates in the urine of an individual. All these beneficial features of the renal function tests will steer the market growth over the forecast period.
The segmental growth over 2024-2032 is attributed to the ability of the dipsticks to offer a qualitative analysis of myriad urine analytes. Apart from this, dipsticks have the ability to determine the presence of glucose, ketones, nitrite, blood, protein, leukocyte esterase, bilirubin, nitrite, and urobilinogen in urine. Moreover, urine testing through dipstick is cost-effective and hence has garnered massive popularity in the global kidney function test industry.
The regional market growth over the forecast timespan is credited to surge in the cases of chronic ailments, large-scale occurrence of high blood pressure, and rise in the presence of diabetics in the countries like the U.S. Apart from this, launching of new schemes by the government of Canada for creating awareness pertaining to the treatment of the kidney disorder will further embellish the market growth in the North American region.
The study provides a decisive view of the kidney function test market by segmenting the market based on By Product,By Type,By End User,By Region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By Product segment analysis includes Reagents, Dipsticks, Disposables.
By Type segment analysis includes Blood Tests and Urine Tests.
By End User segment analysis includes Diagnostics Laboratories, Hospitals, Research Laboratories and Institutes
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Kidney Function Test Market Size Report |
Market Size in 2023 | USD 896.47 Million |
Market Forecast in 2032 | USD 1,537.87 Million |
Growth Rate | CAGR of 6.18% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Nova Biomedical Corporation, Siemens AG, URIT Medical Electronic Co., Ltd., Sysmex Corporation, Beckman Coulter Inc., ACON Laboratories, Inc., ARKRAY, Inc., Randox Laboratories, Roche Holding AG, Abbott Laboratories, OPTI Medical Systems, Inc., and 77 Elektronika Ltd. |
Segments Covered | By Product,By Type,By End User,By Region |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key players influencing the kidney function test industry and profiled in the report include-
The global kidney function test market is segmented as follows:
By Product
By Type
By End User
By Region
FrequentlyAsked Questions
The global Kidney Function Test Market size was worth around USD 896.47 Million in 2023 and is predicted to grow to around USD 1,537.87 Million by 2032
compound annual growth rate (CAGR) of roughly 6.18% between 2024 and 2032.
The largest share of the Kidney Function Test Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
Nova Biomedical Corporation, Siemens AG, URIT Medical Electronic Co., Ltd., Sysmex Corporation, Beckman Coulter Inc., ACON Laboratories, Inc., ARKRAY, Inc., Randox Laboratories, Roche Holding AG, Abbott Laboratories, OPTI Medical Systems, Inc., and 77 Elektronika Ltd.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed