Market Overview:
The global B-hydroxybutyric acid (ketone body) analysis kit market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of diabetes, alcohol or salicylate intoxication, childhood hypo-glycaemia, growth hormone deficiency, and inborn errors of metabolism. Additionally, the increasing demand for rapid and accurate diagnostic tests is also contributing to the growth of this market. However, factors such as high cost of instruments and lack of skilled professionals are restraining the growth of this market. The global B-hydroxybutyric acid (ketone body) analysis kit market can be segmented on the basis of type into fluorometric assay and colourimetric assay. On the basis of application, it can be segmented into diabetes mellitus, alcohol or salicylate intoxication,, childhood hypo-glycaemia,,growth hormone deficiency,,inborn errors metabolic disorders,,,,and other applications such as sports medicine and veterinary diagnostics.Geographically,.the global B-hydroxybutyric acid (ketone body) analysis kitmarket can be dividedinto North America,.Latin America,.Europe., Asia Pacific.,and Middle East & Africa.
Product Definition:
The B-hydroxybutyric acid (Ketone Body) Analysis Kit is used to measure the level of ketones in a person's blood or urine. Ketones are produced when the body burns fat for energy instead of glucose. High levels of ketones can indicate that a person has diabetes, is pregnant, or has certain other medical conditions. The B-hydroxybutyric acid (Ketone Body) Analysis Kit is important because it can help to diagnose these conditions.
Fluorometric Assay:
The ketone body (B-hydroxybutyrate) is an organic compound that is produced as a byproduct during the breakdown of fats and other body tissues. Ketone bodies are also produced naturally in the human body when there is a lack of insulin for an extended period. The production of ketones can be controlled by regulating the level of insulin and carbohydrates in one’s diet.
Colourimetric Assay:
A Colourimetric assay is an analytical procedure wherein a chemical reaction takes place between a substrate and an indicator substance. The change in the appearance of the solution due to this chemical reaction is measured with the help of a device known as colorimeter. This kit used for measuring B-hydroxybutyric acid (Ketone Body) level in urine, serum, plasma or tissue sample using ketone body acetoacetate as an indicator.
Application Insights:
The other application segment includes the detection of B-hydroxybutyric acid in patients with acute pancreatitis, alcoholic liver disease, drug-induced hepatitis and other diseases. The growing usage of ketone bodies as an alternative therapy for treating several life-threatening conditions is expected to drive the demand for a blood test kit over the forecast period.
In recent years, there has been increasing interest in using BHB as a therapeutic agent for various disorders due to its ability to act as an energy substrate and brain metabolite. Several research studies have reported that oral administration of exogenous ketones can rescue neurological damage caused by hypoxia or ischaemia and improve long term survival after traumatic brain injury (TBI). This property makes it potential candidate for use in treating coma or Alzheimer¢â‚¬â„¢s disease pathology.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of global players and increased adoption of advanced diagnostic technologies in this region. The introduction and development of new products by these companies is also expected to drive the market over the forecast period. For instance, Abbott launched its BHB test under its brand name, Abbotts Ketone Test, in 2015 for measuring blood ketones levels which are an indication for metabolizing into b-hydroxybutyric acid (BHB). This product is now available as a generic drug under various brand names such as Ketonix or Ketostix throughout Europe and other regions.
Growth Factors:
- Increasing awareness about the benefits of ketone bodies for human health is expected to drive the growth of the B-hydroxybutyric acid (Ketone Body) Analysis Kit market.
- Rising demand for personalized medicines is another key factor that is anticipated to fuel the growth of this market in the near future.
- The increasing use of B-hydroxybutyric acid (Ketone Body) Analysis Kits in research and development activities is also projected to boost this market’s growth in the next few years.
- Growing number of clinical studies on ketosis and its potential applications are likely to create new opportunities for players operating in this market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Research Report
By Type
Fluorometric Assay, Colourimetric Assay
By Application
Diabetes, Alcohol Or Salicylate Intoxication, Childhood Hypo-Glycaemia, Growth Hormone Deficiency, Inborn Errors of Metabolism, Other
By Companies
Merck & Co., REAGEN LLC, LifeSpan BioSciences, Cell Biolabs, BioAssay System, Abcam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Report Segments:
The global B-hydroxybutyric Acid (Ketone Body) Analysis Kit market is segmented on the basis of:
Types
Fluorometric Assay, Colourimetric Assay
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diabetes, Alcohol Or Salicylate Intoxication, Childhood Hypo-Glycaemia, Growth Hormone Deficiency, Inborn Errors of Metabolism, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Merck & Co.
- REAGEN LLC
- LifeSpan BioSciences
- Cell Biolabs
- BioAssay System
- Abcam
Highlights of The B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluorometric Assay
- Colourimetric Assay
- By Application:
- Diabetes
- Alcohol Or Salicylate Intoxication
- Childhood Hypo-Glycaemia
- Growth Hormone Deficiency
- Inborn Errors of Metabolism
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The B-hydroxybutyric Acid (Ketone Body) Analysis Kit is a diagnostic tool that can be used to determine the level of ketones in the blood. Ketones are produced when the body breaks down fat stores for energy. Elevated levels of ketones may indicate a problem with fat metabolism, such as diabetes or obesity, or an illness such as cancer.
Some of the major companies in the b-hydroxybutyric acid (ketone body) analysis kit market are Merck & Co., REAGEN LLC, LifeSpan BioSciences, Cell Biolabs, BioAssay System, Abcam.
The b-hydroxybutyric acid (ketone body) analysis kit market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Size & Forecast, 2020-2028 4.5.1 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Size and Y-o-Y Growth 4.5.2 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fluorometric Assay
5.2.2 Colourimetric Assay
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Diabetes
6.2.2 Alcohol Or Salicylate Intoxication
6.2.3 Childhood Hypo-Glycaemia
6.2.4 Growth Hormone Deficiency
6.2.5 Inborn Errors of Metabolism
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fluorometric Assay
9.6.2 Colourimetric Assay
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Diabetes
9.10.2 Alcohol Or Salicylate Intoxication
9.10.3 Childhood Hypo-Glycaemia
9.10.4 Growth Hormone Deficiency
9.10.5 Inborn Errors of Metabolism
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fluorometric Assay
10.6.2 Colourimetric Assay
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Diabetes
10.10.2 Alcohol Or Salicylate Intoxication
10.10.3 Childhood Hypo-Glycaemia
10.10.4 Growth Hormone Deficiency
10.10.5 Inborn Errors of Metabolism
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fluorometric Assay
11.6.2 Colourimetric Assay
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Diabetes
11.10.2 Alcohol Or Salicylate Intoxication
11.10.3 Childhood Hypo-Glycaemia
11.10.4 Growth Hormone Deficiency
11.10.5 Inborn Errors of Metabolism
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fluorometric Assay
12.6.2 Colourimetric Assay
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Diabetes
12.10.2 Alcohol Or Salicylate Intoxication
12.10.3 Childhood Hypo-Glycaemia
12.10.4 Growth Hormone Deficiency
12.10.5 Inborn Errors of Metabolism
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fluorometric Assay
13.6.2 Colourimetric Assay
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Diabetes
13.10.2 Alcohol Or Salicylate Intoxication
13.10.3 Childhood Hypo-Glycaemia
13.10.4 Growth Hormone Deficiency
13.10.5 Inborn Errors of Metabolism
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market: Competitive Dashboard
14.2 Global B-hydroxybutyric Acid (Ketone Body) Analysis Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merck & Co.
14.3.2 REAGEN LLC
14.3.3 LifeSpan BioSciences
14.3.4 Cell Biolabs
14.3.5 BioAssay System
14.3.6 Abcam