Home > Healthcare > Medical Devices > Diagnostic Devices > Cystatin C Assay Market
Cystatin C Assay Market was valued at USD 269.6 million in 2023 and is anticipated to grow at a CAGR of over 7.7% between 2024 & 2032. A cystatin C assay is a laboratory test designed to measure the concentration of cystatin C in biological samples, typically in blood or serum. It is commonly used as a biomarker for estimating glomerular filtration rate (GFR). The assays play a vital role in the early diagnosis, monitoring, and kidney stone management, contributing to improved patient outcomes and driving innovation in the field of renal function assessment.
The increasing prevalence of chronic kidney diseases is anticipated to augment the cystatin C assay market. According to the report published by the Centers for Disease Control and Prevention (CDC) in 2022, more than 1 in 7 U.S. adults, about 14% or an estimated 37 million people are affected by CKD. Thus, as the incidence of chronic kidney diseases increases globally the demand for effective diagnostic solutions to measure the concentration of cystatin C, stimulating market growth.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Cystatin C Assay Market Size in 2023: | USD 269.6 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 7.7% |
2032 Value Projection: | USD 522.6 Million |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 195 |
Tables, Charts & Figures: | 285 |
Segments covered: | Product, Sample Type, Method, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The increasing geriatric population has created a larger pool of individuals at risk of kidney-related issues, making reliable and accurate renal function assessments crucial. For instance, according to the World Health Organization (WHO) estimates, the global population of individuals aged 60 years and above is anticipated to increase from 1 billion in 2020 to 1.4 billion by 2040. Cystatin C assays offer a valuable solution contributing to the growth of the market for assessing kidney function particularly in the elderly population. Additionally, advances in diagnostic technologies, such as point-of-care testing, are making cystatin C assays more accessible and convenient, ultimately improving patient care and helping clinicians make informed decisions about renal health among elderly population.
The cystatin C assay industry by product is categorized into kits, reagents, and analyzers. The kits segment garnered USD 116.8 million revenue size in the year 2023 and is projected to have the fastest-growing CAGR in the forecast period.
Therefore, the increasing preference for these kits will play a pivotal role in propelling the market growth.
Based on sample type, the market is segmented into blood and urine. Blood segment garnered USD 183.9 million revenue size in 2023.
Based on method, the market is segmented into enzyme-linked immunosorbent assay (ELISA), particle-enhanced turbidimetric immunoassay (PETIA), particle-enhanced nephelometric immunoassay (PENIA), chemiluminescent immunoassay (CLIA), immunofluorescence assay, and other methods. Enzyme-linked immunosorbent assay (ELISA) segment garnered USD 78.8 million revenue in 2023.
Thus, its high sensitivity and specificity, quantitative capabilities, ease of use, adaptability to automation, cost-effectiveness, and widespread acceptance in both research and clinical settings is anticipated to boost demand for enzyme-linked immunosorbent assay (ELISA) method.
Based on application, the market is segmented into diagnostics and research. The diagnostics segment held substantial revenue in the market accounting for USD 192 million in the year 2023.
Based on end-use, the cystatin C assay market is segmented into hospitals, clinical laboratories, pharmaceutical and biotechnology companies, and other end-users. The hospital segment accounted for largest share of 32.3% in 2023 in the market. The large share of this segment can be attributed to large patient pool and easy access. Hospitals adhere to stringent quality control and assurance standards when conducting cystatin C assays. This ensures the accuracy and reliability of test results, meeting regulatory requirements.
The U.S. market accounted for USD 102.4 million revenue size in 2023 and is predicted to witness substantial market growth over the analysis timeline.
The cystatin C assay industry is consolidated, with key players including, Roche Diagnostics Limited, Siemens Healthineers AG, Abbott Laboratories, Beckman Coulter (Danaher Corporation), and others dominating the market space. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in January 2021, Roche acquired GenMark, which is involved in the development and manufacturing of cystatin C assays. This acquisition strengthened Roche's position in the cystatin C assay industry and expanded its product portfolio.
Some of the eminent market participants operating in the cystatin C assay industry include:
Click here to Buy Section of this Report
Market, By Product
Market, By Sample Type
Market, By Method
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: