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Kidney Function Tests Trends and Forecast
The future of the global kidney function tests market looks promising with opportunities in the hospital, diagnostic laboratory, and research laboratory & institute markets. The global kidney function tests market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rising prevalence of kidney disease, diabetes and hypertension are leading causes of kidney disease, and awareness among patients about the importance of kidney health and the benefits of early detection.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Kidney Function Tests by Segment
The study includes a forecast for the global kidney function tests by product, end use, and region.
Kidney Function Tests Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Clearance Tests
• Urine Tests
• Blood Tests
• Dilution & Concentration Tests
• Others
Kidney Function Tests Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Diagnostic Laboratories
• Research Laboratories & Institutes
• Others
Kidney Function Tests Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Kidney Function Tests Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies kidney function tests companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the kidney function tests companies profiled in this report include-
• Abbott
• Danaher
• F. Hoffmann-La Roche
• Sysmex Corporation
• Siemens Healthineers
• Randox Laboratories
• Quest Diagnostics
Kidney Function Tests Market Insights
Lucintel forecasts that clearance tests will remain the largest segment over the forecast period as these tests excel in maintaining consistent performance due to their exceptional sensitivity and precision along with its widespread availability and cost-effectiveness nature.
Within this market, diagnostic laboratories will remain the largest segment due to increasing number of people with kidney disorders, the rising prevalence of chronic kidney disease, and the aging population, more patients are visiting diagnostic laboratories.
North America will remain the largest region during the forecast period due to presence of well-developed healthcare system, high public awareness of chronic kidney disease, and supportive government policies and reimbursement programs.
Features of the Global Kidney Function Tests Market
Market Size Estimates: Kidney function tests market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Kidney function tests market size by product, end use, and region in terms of value ($B).
Regional Analysis: Kidney function tests market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, end use, and regions for the kidney function tests market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the kidney function tests market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the kidney function tests market size?
Answer: The global kidney function tests market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for kidney function tests market?
Answer: The global kidney function tests market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the kidney function tests market?
Answer: The major drivers for this market are rising prevalence of kidney disease, diabetes and hypertension are leading causes of kidney disease and awareness among patients about the importance of kidney health and the benefits of early detection.
Q4. What are the major segments for kidney function tests market?
Answer: The future of the kidney function tests market looks promising with opportunities in the hospital, diagnostic laboratory, and research laboratory & institute markets.
Q5. Who are the key kidney function tests market companies?
Answer: Some of the key kidney function tests companies are as follows:
• Abbott
• Danaher
• F. Hoffmann-La Roche
• Sysmex Corporation
• Siemens Healthineers
• Randox Laboratories
• Quest Diagnostics
Q6. Which kidney function tests market segment will be the largest in future?
Answer: Lucintel forecasts that clearance tests will remain the largest segment over the forecast period as these tests excel in maintaining consistent performance due to their exceptional sensitivity and precision along with its widespread availability and cost-effectiveness nature.
Q7. In kidney function tests market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to presence of well-developed healthcare system, high public awareness of chronic kidney disease, and supportive government policies and reimbursement programs.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the kidney function tests market by product (clearance tests, urine tests, blood tests, dilution & concentration tests, and others), end use (hospitals, diagnostic laboratories, research laboratories & institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Kidney Function Tests Market, Kidney Function Tests Market Size, Kidney Function Tests Market Growth, Kidney Function Tests Market Analysis, Kidney Function Tests Market Report, Kidney Function Tests Market Share, Kidney Function Tests Market Trends, Kidney Function Tests Market Forecast, Kidney Function Tests Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Kidney Function Tests Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Kidney Function Tests Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Kidney Function Tests Market by Product
3.3.1: Clearance Tests
3.3.2: Urine Tests
3.3.3: Blood Tests
3.3.4: Dilution & Concentration Tests
3.3.5: Others
3.4: Global Kidney Function Tests Market by End Use
3.4.1: Hospitals
3.4.2: Diagnostic Laboratories
3.4.3: Research Laboratories & Institutes
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Kidney Function Tests Market by Region
4.2: North American Kidney Function Tests Market
4.2.2: North American Kidney Function Tests Market by End Use: Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, and Others
4.3: European Kidney Function Tests Market
4.3.1: European Kidney Function Tests Market by Product: Clearance Tests, Urine Tests, Blood Tests, Dilution & Concentration Tests, and Others
4.3.2: European Kidney Function Tests Market by End Use: Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, and Others
4.4: APAC Kidney Function Tests Market
4.4.1: APAC Kidney Function Tests Market by Product: Clearance Tests, Urine Tests, Blood Tests, Dilution & Concentration Tests, and Others
4.4.2: APAC Kidney Function Tests Market by End Use: Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, and Others
4.5: ROW Kidney Function Tests Market
4.5.1: ROW Kidney Function Tests Market by Product: Clearance Tests, Urine Tests, Blood Tests, Dilution & Concentration Tests, and Others
4.5.2: ROW Kidney Function Tests Market by End Use: Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Kidney Function Tests Market by Product
6.1.2: Growth Opportunities for the Global Kidney Function Tests Market by End Use
6.1.3: Growth Opportunities for the Global Kidney Function Tests Market by Region
6.2: Emerging Trends in the Global Kidney Function Tests Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Kidney Function Tests Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Kidney Function Tests Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Abbott
7.2: Danaher
7.3: F. Hoffmann-La Roche
7.4: Sysmex Corporation
7.5: Siemens Healthineers
7.6: Randox Laboratories
7.7: Quest Diagnostics
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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