Market Overview:
The global renal function test product market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of kidney diseases, rising awareness about early diagnosis and treatment of kidney diseases, and technological advancements in renal function tests. The global renal function test product market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into dipsticks, reagents, and disposables. Dipsticks are further sub-segmented into urine dipsticks and blood dipsticks. Reagents are further sub-segmented into colorimetric reagents and immunoassay reagents. Disposables are further sub-segmented into gloves, wipes/towels/sponges, pipettes & tipsets/cuvettes), needles & syringes). On the basis of application,,the market is segmented into hospitals,,diagnostics laboratories,,research laboratories& institutes,. Hospitals account for the largest shareof thismarket owingto th e high prevalenceof kidneydiseasesand increasing demand for early diagnosisand treatmentof these diseases.. However,.
Product Definition:
A renal function test product is a medical device used to measure the health of a person's kidneys. The importance of this type of product is that it can help identify early signs of kidney disease, which can then be treated before they become more serious.
Dipsticks:
Dipsticks are small test kits that are used for measuring the Creatinine and BUN levels in urine. These tests play a major role in kidney function testing, they help detect problems with the kidneys such as acute renal failure or chronic kidney disease. The dipstick test is also used to monitor therapy for patients with diabetes mellitus, high blood pressure or cardiovascular diseases who are on dialysis.
Reagents:
Reagents are chemicals that help in detecting or measuring specific substances in the body. Reagents and their usage have been a part of clinical laboratory testing for many years. Renal function tests (RFTs) use reagents to detect or measure various substances such as urea, creatinine, glomerular filtration rate (GFR), and other renal tubular functions such as excretion of amino acids, sugar derivatives & ketone bodies etc.
Application Insights:
Based on the application, the global market is segmented into hospitals, diagnostics laboratories, research laboratories and institutes and home care. Hospitals held the largest share in 2017 owing to their usage in routine testing for patients with acute kidney failure or at risk of developing it.
The diagnostics laboratory segment is expected to witness lucrative growth over the forecast period due to increasing demand for rapid diagnosis of chronic diseases such as diabetes and CKD. Furthermore, growing government initiatives towards improving healthcare infrastructure along with rising prevalence of target diseases will boost product demand over the forecast period.
Renal function tests are used by doctors during treatment planning as well as monitoringschedule-dependent upon patient's condition-to check if any complications have arisen post transplantation surgery or notched up a recovery from acute kidney failure stage post dialysis treatment.
Regional Analysis:
North America dominated the global renal function test product market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing patient awareness about early diagnosis. Moreover, rising prevalence of chronic kidney diseases is also expected to drive regional growth over the forecast period. For instance, as per a recent study published by National Institutes of Health (NIH), around 29 million people in U.S.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare facilities & infrastructure along with growing target disease population especially in India & China due to unhealthy lifestyles adopted by majority of people including excessive consumption alcohol and tobacco smoking etc.
Growth Factors:
- Increasing incidence of renal diseases: The global incidence of renal diseases is increasing at a rapid pace. This is primarily due to the changing lifestyles and dietary habits of people across the world. This is expected to drive the demand for renal function tests in the coming years.
- Growing awareness about early diagnosis and treatment: There is a growing awareness among people about the importance of early diagnosis and treatment of renal diseases. This is likely to boost demand for renal function tests in the near future.
- Technological advancements in diagnostic testing: There have been significant advancements in diagnostic testing technologies over the past few years, which has led to increased accuracy and efficiency of these tests. This is likely to fuel demand for renal function tests in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Renal Function Test Product Market Research Report
By Type
Dipsticks, Reagents, Disposables
By Application
Hospitals, Diagnostics Laboratories, Research Laboratories and Institutes
By Companies
Beckman Coulter (US), Siemens (Germany), Nova Biomedical (US), Roche (Switzerland), Abbott (US), URIT Medical (China), ARKRAY (Japan), OPTI Medical (US), ACON Laboratories (US), Sysmex (Japan), Beckman Coulter (US), Randox Laboratories (UK)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Renal Function Test Product Market Report Segments:
The global Renal Function Test Product market is segmented on the basis of:
Types
Dipsticks, Reagents, Disposables
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
Hospitals, Diagnostics Laboratories, Research Laboratories and Institutes
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:
- Beckman Coulter (US)
- Siemens (Germany)
- Nova Biomedical (US)
- Roche (Switzerland)
- Abbott (US)
- URIT Medical (China)
- ARKRAY (Japan)
- OPTI Medical (US)
- ACON Laboratories (US)
- Sysmex (Japan)
- Beckman Coulter (US)
- Randox Laboratories (UK)
Highlights of The Renal Function Test Product 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:
- Dipsticks
- Reagents
- Disposables
- By Application:
- Hospitals
- Diagnostics Laboratories
- Research Laboratories and Institutes
- 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 Renal Function Test Product 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?
Renal function test product is a diagnostic tool that helps to determine the level of renal function.
Some of the major companies in the renal function test product market are Beckman Coulter (US), Siemens (Germany), Nova Biomedical (US), Roche (Switzerland), Abbott (US), URIT Medical (China), ARKRAY (Japan), OPTI Medical (US), ACON Laboratories (US), Sysmex (Japan), Beckman Coulter (US), Randox Laboratories (UK).
The renal function test product market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Renal Function Test Product 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 Renal Function Test Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Renal Function Test Product 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 Renal Function Test Product 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 Renal Function Test Product Market Size & Forecast, 2020-2028
4.5.1 Renal Function Test Product Market Size and Y-o-Y Growth
4.5.2 Renal Function Test Product 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 Dipsticks
5.2.2 Reagents
5.2.3 Disposables
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 Hospitals
6.2.2 Diagnostics Laboratories
6.2.3 Research Laboratories and Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Renal Function Test Product 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 Renal Function Test Product 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 Dipsticks
9.6.2 Reagents
9.6.3 Disposables
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 Hospitals
9.10.2 Diagnostics Laboratories
9.10.3 Research Laboratories and Institutes
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 Dipsticks
10.6.2 Reagents
10.6.3 Disposables
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 Hospitals
10.10.2 Diagnostics Laboratories
10.10.3 Research Laboratories and Institutes
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 Dipsticks
11.6.2 Reagents
11.6.3 Disposables
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 Hospitals
11.10.2 Diagnostics Laboratories
11.10.3 Research Laboratories and Institutes
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 Dipsticks
12.6.2 Reagents
12.6.3 Disposables
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 Hospitals
12.10.2 Diagnostics Laboratories
12.10.3 Research Laboratories and Institutes
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 Dipsticks
13.6.2 Reagents
13.6.3 Disposables
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 Hospitals
13.10.2 Diagnostics Laboratories
13.10.3 Research Laboratories and Institutes
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 Renal Function Test Product Market: Competitive Dashboard
14.2 Global Renal Function Test Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beckman Coulter (US)
14.3.2 Siemens (Germany)
14.3.3 Nova Biomedical (US)
14.3.4 Roche (Switzerland)
14.3.5 Abbott (US)
14.3.6 URIT Medical (China)
14.3.7 ARKRAY (Japan)
14.3.8 OPTI Medical (US)
14.3.9 ACON Laboratories (US)
14.3.10 Sysmex (Japan)
14.3.11 Beckman Coulter (US)
14.3.12 Randox Laboratories (UK)
