Kidney Function Test Market

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Kidney Function Test Market To Reach USD 1061.0
Million By 2026
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Market Summary

• The alerting rise in aging and geriatric
  population which leads to the high prevalence of
  kidney diseases, obesity and cardiovascular
  diseases has been driving the market into growth.
  The increase in investment levels lead to
  technological and diagnostic advancements which
  further instigates the market to growth and
  development.
• Market size- USD 656.6 Million in 2018, Market
  Growth- 6.2 CAGR, Market Trends- Innovation of
  new forms of diagnosis and preventive measures,
  acquisitions and investments in the emerging
  markets for various technological advances and
  treatment.
• According to a study and analysis by Reports and
  Data, the global Kidney Function Test market was
  valued at USD 656.6 Million in 2018 and is
  expected to be USD 1061.0 million by the end of
  the forecasting period of 2026, at a CAGR of
  6.2. The market is witnessing high growth due to
  increasing number of Kidney testing functions for
  patients suffering from kidney malfunctions
  mainly due to changing lifestyles. The kidney is
  an essential organ which refines the fluids in
  our body before distributing them and a
  malfunction can lead to various stages of cancer
  and chronic disease. Other factors driving the
  growth of this market includes rising level of
  awareness among the public about the several
  kidneys disease, hypertension and cardiovascular
  activities. The number of incidences of renal
  fibrosis has increased at an alarming rate and
  has been responsible for the growth of this
  market restrained by the high cost of
  development, maintenance and innovations.

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Market Summary

• Further key findings from the report suggest
• North America has the highest market share of
  34.9 in the Kidney Function Test Market because
  of the existence of higher number of population
  facing kidney malfunctions and also due to the
  establishment of various major market players in
  this region
• As per the Centre for Disease Control and
  Prevention 44 of the diabetic patients suffered
  from End-Stage Renal Disease in U.S. in 2017 as
  diabetes damage the blood vessels of kidneys
  leading to an improper functioning of kidneys
  contributing to the risk for kidney disorders
• The disposables that are used as a product for
  the purpose of Kidney Function Test have been
  growing as consumables and producing sector as
  well. The market share of these disposables is
  forecasted to be 35 and is seen to be growing in
  a positive trend
• There have been developments not only for
  machinery and devices but also for various other
  diagnostic measures. One such development was the
  introduction of a home kit using smartphones for
  urinalysis. In August 2018, Siemens Healthcare
  announced an integration with Healthy.ios system
  for smartphone in order to make urinalysis easy
  for patients
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Market Summary

• Key players Abbott Laboratories. St. Jude
  Medical, CareDx, Beckman Coulter, Siemens
  Healthcare GmbH, Cook Medical, Baxter, Merck and
  Company, Yourgene Health and Pfizer, among others
  are leading players involved in the global Kidney
  Function Test market.
• SegmentationProduct Type (Revenue, USD Million
  20162026)
• Dipsticks
• Reagents
• Disposables
• Type (Revenue, USD Million 20162026)
• Urine Tests
• Blood Tests
• Kidney Biopsy
• Imaging Tests
• Dilution and Concentration Tests
• Clearance Tests
• Other Tests

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Market Summary

• End Use (Revenue, USD Million 20162026)
• Hospitals and Clinics
• Diagnostic Laboratories
• Research Laboratories and Institutes
• Ambulatory Surgical Centres
• Others
• Regional Outlook (Volume, Kilo Tons Revenue, USD
  Billion 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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