Kidney Function Tests Market Forecasts to 2028 – Global Analysis By Type (Blood Tests, Urine Tests), Product (Software, Kits, Instruments,Disposables), End User (Hospitals & Clinics, Diagnostic Laboratories) and By Geography
According to Stratistics MRC, the Global Kidney Function Tests Market is accounted for $703.95 million in 2020 and is expected to reach $1,312.64 million by 2028 growing at a CAGR of 8.1% during the forecast period. Factors such as the growing geriatric population, increasing prevalence of diabetes, and rising awareness regarding kidney diseases are driving the growth of the market. However, unfavorable healthcare reforms in various countries are hampering the growth of the market.
Kidney function tests are procedures that usually use either the blood or urine to help identify issues in the kidneys. These tests are performed to check if the kidneys are filtering waste products too slowly and to see if the kidneys are leaking proteins into the urine. Regular kidney function tests help to identify issues in early stages, making it possible to halt the progress of the disease.
Based on the type, the urine tests segment is anticipated to expand at a rapid pace during the forecast period which can be attributed to the ease in sample collection and very low risk of infection. By geography, North America is going to have high growth during the forecast period owing to the well-established healthcare infrastructure in the region, coupled with the favorable reimbursement policies & government initiatives.
Some of the key players profiled in the Kidney Function Tests Market include F. Hoffmann-La Roche, Siemens Healthineers, Danaher Corporation (Beckman Coulter, Inc), Nova Biomedical, Abbott, Cook Medical, Baxter International Inc, Quest Diagnostics, Laboratory Corporation of America Holdings (LabCorp), Sysmex, Randox Laboratories, Opti Medical, Acon Laboratories, Urit Medical, and Arkray.
• Kidney Biopsy
• Dilution and Concentration Tests
• Imaging Tests
• Blood Tests
• Urine Tests
• Kits and Assay
• High Blood Pressure
• Kidney Stones
• Cardiovascular Disease
• Enlarged Prostate or Lupus
• Acute Kidney Injury
End Users Covered:
• Hospitals & Clinics
• Ambulatory Surgical Centers
• Diagnostic Laboratories
• Research Laboratories and Institutes
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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