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Kidney Function Tests Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Quest Diagnostics Randox Laboratories Ltd. Siemens Healthineers AG

05-15-2024 02:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Kidney Function Tests Market

Kidney Function Tests Market

Kidney function tests market is anticipated to grow at a CAGR of 6.8% during the forecast period (2024-2031). Kidney function tests market is driven by the increasing prevalence of kidney diseases, such as chronic kidney disease, diabetic nephropathy, and glomerulonephritis, in addition to the diagnostic significance of these tests. Key players include diagnostic companies, laboratory equipment manufacturers, and healthcare institutions. Technological advancements, such as automation and molecular diagnostics, have improved the accuracy and accessibility of these tests. Investments in healthcare infrastructure, particularly in emerging economies, support the expansion of kidney function testing services. Preventive healthcare initiatives, public health campaigns, and community outreach programs also contribute to the demand for kidney function tests. Healthcare policy and reimbursement policies additionally influence the adoption and utilization of these tests. Public health awareness and education also play an essential role in promoting kidney health and early detection of kidney diseases.

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The market is expanding as a result of improvements in kidney function tests' accessibility, speed, and accuracy provided by advancements in diagnostic technologies, such as molecular diagnostics and point-of-care devices. According to the Centers for Disease Control and Prevention (.gov), in May 2023, chronic kidney disease (CKD) is a prevalent condition among US adults, with an estimated 35.5 million individuals, or 14.0% of the population, being affected. The prevalence of CKD varies across age groups, with higher rates observed in individuals aged 65 years or older (34.0%) compared to those aged 45-64 (12.0%) and 18-44 (6.0%). Furthermore, CKD is slightly more common in women (14.0%) than in men (12.0%), and non-hispanic black adults have the highest prevalence (20.0%) compared to non-hispanic Asian adults (14.0%), non-hispanic white adults (12.0%), and hispanic adults (14.0%).

full report of Kidney Function Tests Market available @ https://www.omrglobal.com/industry-reports/kidney-function-tests-market

o Market Coverage
o Market number available for - 2024-2031
o Base year- 2024
o Forecast period- 2024-2031
o Segment Covered- By Source, By Product Type, By Applications
o Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
o Inc., and others

Market Segmentation
Global Kidney Function Tests Market by Product Type
o Dipsticks
o Reagents
o Disposables

Global Kidney Function Tests Market by Test Type
o Urine Tests
o Urine Protein Tests
o Microalbumin Tests
o Creatinine Clearance Tests
o Blood Tests
o Serum Creatinine Tests
o Blood Urea Nitrogen Tests
o Glomerular Filtration Rate Tests

Global Kidney Function Tests Market by End-user
o Hospitals
o Diagnostic Laboratories
o Research Laboratories And Institutes
o Others (Clinics, Home Care Settings, and Outpatient Centers)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o ACON Laboratories, Inc.
o Amgen Inc.
o ARKRAY, Inc.
o BIOMÉRIEUX
o Danaher Corp.
o Diasorin S.p.A.
o Laboratory Corp. of America
o Medtronic plc
o Merck KGaA
o Nephrology Associates
o Nipro
o Nova Biomedical
o Quest Diagnostics
o Randox Laboratories Ltd.
o Siemens Healthineers AG
o Sysmex Corp.
o Thermo Fisher Scientific Inc.
o URIT Medical Electronic Co., Ltd.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global kidney function test market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/kidney-function-tests-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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