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Kidney Function Tests Market Trends

Report ID: GMI3810
Published Date: May 2023
Report Format: PDF

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Kidney Function Tests Market Trends

The increasing prevalence of chronic kidney disorders and acute kidney injuries is anticipated to drive the global market statistics in the coming years. The BMC Nephrology Journal, in 2018, estimated that the number of people suffering with kidney disease exceeds 850 million with approximately 843.6 million accounting for chronic kidney disease (CKD). Also, a two-fold surge in the mortalities from chronic kidney diseases over the last 3 decades accounted for significant disease burden.

The surge in the prevalence & mortality associated with chronic kidney diseases is amongst the key variables that is set to prove beneficial for the market. Kidney function test results are observed as highly significant in evaluating kidneys functionality. As a result, the rise in the prevalence & mortality rates of chronic kidney diseases is projected to fuel the kidney function test, thereby driving the market growth.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size for kidney function tests was USD 855 million in 2022 and will witness 6.2% CAGR from 2023-2032 due to the growing technological advancements in rapid diagnostic tests.

Kidney function tests industry share from urine tests reached USD 529 million in 2022 owing to minimal risks of infection.

North America kidney function tests industry size will exceed USD 652 million by 2032 on account of the growing patient population for acute kidney injuries.

F. Hoffmann-La Roche Ltd., Abbott Laboratories, Danaher Corporation, Bio-Rad Laboratories, Inc., 77 Elektronika Kft, Quest Diagnostics and Nova Biomedical are some renowned kidney function test firms.