Kidney Function Tests Market Revenue Is Expected To Beat $1.9 Billion By 2025
“The growing prevalence of Chronic Kidney Diseases (CKD) and renal failure is presumed to be responsible for the high urgency to use kidney function tests, which is anticipated to broaden the scope for growth throughout the forecast period.�
The global Kidney Function Tests Market is expected to reach USD 1.9 billion by 2025, according to a new study by Grand View Research, Inc. The growing prevalence of Chronic Kidney Diseases (CKD) and renal failure is presumed to be responsible for the high urgency to use kidney function tests, which is anticipated tobroaden the scope for growth throughout the forecast period. In addition, expanding base of diabetic population, which is highly susceptible to the aforementioned diseases, is predicted to impel the demand further over the coming years. Consequently, resultant high sample volume will require high capability kidney function testing devices, which is believed to present the market with significant growth potential opportunities. Access Full Research Report on Global Kidney Function Tests Market : http://www.grandviewresearch.com/industry-analysis/kidney-function-testsmarket
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In addition, growing awareness with respect to diagnostic benefits associated with kidney function tests is also anticipated to be one of the high impact rendering drivers for this market. Emergence of technologically advanced products, such as automated analyzers, has led to refinement of current real-time point-of-care testing capabilities and, therefore, creates lucrative growth opportunities for the market. Furthermore, presence of public as well private healthcare organizations consistently striving to support diagnosis and management of CKD through a range of programs and initiatives is expected to create potential demand. Further key findings from the study suggest:
Imaging tests are expected to exhibit lucrative CAGR owing to increasing adoption in wide array of clinical applications. The high penetration can be attributed to efficient renal function risk assessment due to abnormal results generated through other tests
Diagnostic laboratories are anticipated to exhibit lucrative CAGR during the forecast period owing to increasing preference for point-of-care testing by clinicians
In 2016, North America held a dominant share of the global kidney function tests market, as a consequence of increasing local presence of prominent companies undertaking competitive sustainability strategies
Asia Pacific is anticipated to grow at an exponential CAGR owing to unmet needs of patients, continuous infrastructural & technological upgradation, and increasing healthcare expenditure
Some key participants such as Abbott Laboratories; Merck Millipore; Alere, Inc.; and Quest Diagnostics are implementing various competitive strategies, such as new product development & frequent product approvals, to maintain their position in the market
For instance, in March 2015, metropolis announced the launch of a kidney function test, a PLA2R antibody test, that detects and evaluates intensity of membranous nephropathy
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Grand View Research has segmented the kidney function tests market on the basis of product, end use, and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/healthcare Table of Content of Global Kidney Function Tests Market Research Report: Chapter 1 Research Methodology & Scope 1.1 Region-Wise Market Calculation 1.1.1 Region-wise market: Base estimates 1.1.2 Global market: CAGR calculation 1.2 Region-Based Segment Share Calculation 1.3 List of Secondary Sources Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Kidney Function Tests Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.2 Market Driver Analysis 3.3 Market Restraint Analysis 3.4 Penetration & Growth Prospect Mapping 3.5 Kidney Function Tests Market - SWOT Analysis, by Factor (Political & Legal, Economic and Technological) 3.6 Industry Analysis - Porter’s Chapter 4 Kidney Function Tests: Product Estimates & Trend Analysis 4.1 Kidney Function Tests Market: Product Movement Analysis 4.2 Dilution & Concentration Tests 4.2.1 Dilution & concentration tests market estimates and forecasts, 2014 - 2025 (USD Million) 4.3 Clearance Tests
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4.3.1 Clearance tests market estimates and forecasts, 2014 - 2025 (USD Million) 4.4 Urine Tests 4.4.1 Urine tests market estimates and forecasts, 2014 - 2025 (USD Million) 4.5 Imaging Tests 4.5.1 Imaging Tests market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 5 Kidney Function Tests: End-Use Estimates & Trend Analysis 5.1 Kidney Function Tests Market: End-Use Movement Analysis 5.2 Hospitals 5.2.1 Hospitals & clinics market estimates and forecasts, 2014 - 2025 (USD Million) 5.3 Diagnostic Laboratories 5.3.1 Diagnostic laboratories market estimates and forecasts, 2014 - 2025 (USD Million) 5.4 Academic Research Laboratories 5.4.1 Academic research laboratories market estimates and forecasts, 2014 - 2025 (USD Million) 5.5 Others 5.5.1 Others market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 6 Kidney Function Tests: Regional Estimates & Trend Analysis, by Product & End-Use 6.1 Kidney Function Tests Market Share by Region, 2016 & 2025 6.2 North America 6.2.1 North America kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million)
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6.2.2 U.S. 6.2.2.1 U.S. kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.2.3 Canada 6.2.3.1 Canada kidney function tests market estimates and forecasts, 2014 - 2025(USD Million) 6.3 Europe 6.3.1 Europe kidney function tests market estimates and forecasts, 2014 2025 (USD Million) 6.3.2 Germany 6.3.2.1 Germany kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.3.3 UK 6.3.3.1 UK kidney function tests market estimates and forecasts, 2014 2025 (USD Million) 6.4 Asia Pacific 6.4.1 Asia Pacific kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.4.2 Japan 6.4.2.1 Japan kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.4.3 China 6.4.3.1 China kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.4.4 India 6.4.4.1 India kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million)
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6.5 Latin America 6.5.1 Latin America kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.5.2 Brazil 6.5.2.1 Brazil kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.5.3 Mexico 6.5.3.1 Mexico kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) 6.6 MEA 6.6.1 MEA kidney function tests market estimates and forecasts, 2014 2025 (USD Million) 6.6.2 South Africa 6.6.2.1 South Africa kidney function tests market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 7 Competitive Landscape 7.1 Strategy Framework 7.2 Market Participation Categorization 7.3 Company Profiles 7.3.1 Abbott Laboratories 7.3.1.1 Company overview 7.3.1.2 Financial performance 7.3.1.3 Product benchmarking 7.3.1.4 Strategic initiatives 7.3.2 Alere Inc. 7.3.2.1 Company overview 7.3.2.2 Financial performance
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7.3.2.3 Product benchmarking 7.3.2.4 Strategic initiatives 7.3.3 Laboratory Corporation of America Holdings(LabCorp) 7.3.3.1 Company overview 7.3.3.2 Financial performance 7.3.3.3 Product benchmarking 7.3.3.4 Strategic initiatives 7.3.4 Quest Diagnostics 7.3.4.1 Company overview 7.3.4.2 Product benchmarking 7.3.5 Siemens Healthineers 7.3.5.1 Company overview 7.3.5.2 Financial performance 7.3.5.3 Product benchmarking 7.3.6 Merck Millipore 7.3.6.1 Company overview 7.3.6.2 Financial performance 7.3.6.3 Product benchmarking 7.3.6.4 Strategic initiatives 7.3.7 Randox Laboratories 7.3.7.1 Company overview 7.3.7.2 Financial performance 7.3.7.3 Product benchmarking 7.3.7.4 Strategic initiatives About Grand View Research, Inc.:
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
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