Kidney Function Tests Market

Kidney Function Tests Market by Products (Clearance Tests and Urine Tests), End-uses (Hospitals, Diagnostic Laboratories, and Institutes), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2006
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 175
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The kidney function tests market size was valued at USD 777.06 million in 2020. The market is projected to expand at a CAGR of over 6.2% during the forecast period, 2021 – 2028. The growth of the market is attributed to the factors such as rising number of market player acquisitions, increase in R&D programs, high incidence of kidney disease, and growing number of government initiatives.

Kidney Function Tests Market Key Takeaways

Kidney function tests are basic laboratory tests that are used to investigate and evaluate kidney functions. Increasing prevalence of diabetes and hypertension has fueled the risk of chronic kidney disease (CKD) and acute kidney injury (AKI), which has fueled the demand for various tests. The Coronavirus (Covid-19) pandemic has further catapulted the demand. People hospitalized due to Covid-19 are at a high risk of developing AKI, according to a report conducted by the National Kidney Foundation. According to the report, patients with Covid-19 were twice as likely as non-Covid-19 patients to develop AKI. Covid-19 patients with an AKI need to be screened regularly, according to healthcare officials, as their risk of developing CKD is greater than that of other patients.

In January 2020, SphingoTec GmbH, a Germany-based company, launched IB10 sphingotestpenKid, a point-of-care (PoC) test for Proenkephalin (penKid). With this biomarker, a standard blood test can be used to assess kidney function in real-time. Elypta AB, a Sweden-based healthcare service provider, raised USD 7.0 million in a seed roundin January 2020, to create the first urine test for kidney cancer. CKD has evolved into a major public health problem with a high financial cost. According to the National Institutes of Health (NIH), the global prevalence of CKD is about 14%. Furthermore, the prevalence of CKD-related risk factors such as diabetes, hypertension, and obesity is increasing due to lifestyle changes. As a result, the demand for mandatory CKD screening tests among patients with hypertension and diabetes is rising. According to the International Diabetes Federation, in 2020, 463.0 million adults worldwide were suffering from diabetes. This number expected to rise to 700 million during the forecast period.

Kidney Function Tests Market Trends, Drivers, Restraints, and Opportunities:

  • Rising R&D initiatives for the production of novel products is expected to the boost market.
  • Increasing number of COVID-19 patients is likely to propel the demand for kidney function tests in the coming years.
  • Growing investments in the field of kidney function testing are expected to propel the market.
  • Rising investments in the kidney function testing sector is expected to drive the market.
  • Requirement for routine tests for diabetic patients to keep a tab on the kidney disease is projected to the boost market.

Scope of the Report

The report on the kidney function tests market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Kidney Function Tests Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Clearance Tests and Urine Tests), End-use (Hospitals, Diagnostic Laboratories, and Institutes)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Abbott Laboratories; Danaher Corporation (Beckman Coulter, Inc.); F. Hoffmann-La Roche; Sysmex Corporation; Siemens Healthineers; Randox Laboratories; Quest Diagnostics; Acon Laboratories; Nova Biomedical; and Laboratory Corporation of America Holdings (LabCorp)

Kidney Function Tests Market Segment Insights:

Clearance test segment to hold key share

Based on products, the global market is bifurcated into clearance tests and urine tests. The clearance test segment accounts for a key share of the market; however, this segment is anticipated to expand at a rapid pace during the forecast period. The clearance tests segment held market share of 29% in 2020 and its share is projected rise in the coming years. Glomerular filtration rate (GFR) is clearance test used to diagnose kidney diseases. Furthermore, these tests ensure that output varies minimally due of their high sensitivity and accuracy. These products are becoming extensively used due of their low cost and widespread availability.

The urine tests segment is projected to grow at a fast pace during the forecast period, as they are extensively used for diagnosing a wide range of ailments, including UTIs, diabetes, kidney stones, high blood pressure, and pregnancy. Furthermore, the identification of prescription drug abuse, which can be achieved with urine tests, increase preference for POC diagnostics, and low cost of these tests are expected to drive segment growth.

Kidney Function Tests Market By Products

Hospital segment is expected to dominate the market

On the basis of end-uses, the market is divided into hospitals, diagnostic laboratories, and institutes. In 2020, the hospitals segment accounted for a dominant share of the market, and this is expected to continue during the forecast period. The large share of the market is attributed the increase in hospital visits, due to rising awareness regarding CKD and its management. Furthermore, the segment share is likely to increase boosted due to the development and launch of sophisticated infrastructures across various regions that aid in the performance of efficient diagnostic procedures. The segment is expected to be driven by favorable reimbursement scenarios, and steps taken by healthcare organizations around the world to encourage the use of advanced diagnostic tests. The diagnostic laboratories segment is expected to take a substantial share of the market by 2028, as they are cost-effective, can perform many tests at a time, and they provide reliable results. The diagnostic laboratories and institutes segments in North America and Europe are expected to grow at a fast pace during the forecast period due to increase in R&D activities in these regions.

Kidney Function Tests Market By End Uses

Asia Pacific is a fast-growing market

In terms of regions, the global kidney function tests market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America held a key a share of the market in 2020 due to the presence of a well-established healthcare system, high knowledge levels about CKD, favorable reimbursement policies, and government initiatives. The region is estimate to retain its dominance during the study period. The US held a major share of the market in North America due to presence of major players and availability of advanced technology. The market in Asia Pacific is anticipated to expand at a fast pace during the forecast period due to rapidly expanding healthcare facilities and increasing investments by leading market players in the region. Furthermore, the emergence of a large target population in emerging countries such as China and India is expected to propel the market in the region during the forecast period.

Segments

Segments Covered in the Report
The global kidney function tests market has been segmented on the basis of

Products
  • Clearance Test
  • Urine Test
End use
  • Hospitals
  • Diagnostic Laboratories
  • Institutes
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Abbott Laboratories
  • Danaher Corporation (Beckman Coulter, Inc.)
  • F. Hoffmann-La Roche
  • Sysmex Corporation
  • Siemens Healthineers
  • Randox Laboratories
  • Quest Diagnostics
  • Acon Laboratories
  • Nova Biomedical
  • Laboratory Corporation of America Holdings (LabCorp)

Competitive Landscape

Major players operating in the market include Abbott Laboratories; Danaher Corporation (Beckman Coulter, Inc.); F. Hoffmann-La Roche; Sysmex Corporation; Siemens Healthineers; Randox Laboratories; Quest Diagnostics; Acon Laboratories; Nova Biomedical; and Laboratory Corporation of America Holdings (LabCorp). These players are pursuing growth strategies such as alliances and partnerships to broaden their geographical scope.

Kidney Function Tests Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Kidney Function Tests Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Kidney Function Tests Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Kidney Function Tests Market - Supply Chain
  4.5. Global Kidney Function Tests Market Forecast
     4.5.1. Kidney Function Tests Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Kidney Function Tests Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Kidney Function Tests Market Absolute $ Opportunity
5. Global Kidney Function Tests Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Kidney Function Tests Market Size and Volume Forecast by End Users
     5.3.1. Hospitals Diagnostic Laboratories Institutes
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Kidney Function Tests Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Kidney Function Tests Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Kidney Function Tests Demand Share Forecast, 2019-2026
7. North America Kidney Function Tests Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Kidney Function Tests Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Kidney Function Tests Market Size and Volume Forecast by End Users
     7.4.1. Hospitals Diagnostic Laboratories Institutes
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Kidney Function Tests Demand Share Forecast, 2019-2026
8. Latin America Kidney Function Tests Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Kidney Function Tests Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Kidney Function Tests Market Size and Volume Forecast by End Users
     8.4.1. Hospitals Diagnostic Laboratories Institutes
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Kidney Function Tests Demand Share Forecast, 2019-2026
9. Europe Kidney Function Tests Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Kidney Function Tests Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Kidney Function Tests Market Size and Volume Forecast by End Users
     9.4.1. Hospitals Diagnostic Laboratories Institutes
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Kidney Function Tests Demand Share Forecast, 2019-2026
10. Asia Pacific Kidney Function Tests Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Kidney Function Tests Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Kidney Function Tests Market Size and Volume Forecast by End Users
     10.4.1. Hospitals Diagnostic Laboratories Institutes
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Kidney Function Tests Demand Share Forecast, 2019-2026
11. Middle East & Africa Kidney Function Tests Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Kidney Function Tests Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Kidney Function Tests Market Size and Volume Forecast by End Users
     11.4.1. Hospitals Diagnostic Laboratories Institutes
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Kidney Function Tests Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Kidney Function Tests Market: Market Share Analysis
  12.2. Kidney Function Tests Distributors and Customers
  12.3. Kidney Function Tests Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Abbott Laboratories Danaher Corporation (Beckman Coulter, Inc.) F. Hoffmann-La Roche Sysmex Corporation Siemens Healthineers Randox Laboratories  
Segments Covered in the Report
The global kidney function tests market has been segmented on the basis of

Products
  • Clearance Test
  • Urine Test
End use
  • Hospitals
  • Diagnostic Laboratories
  • Institutes
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Abbott Laboratories
  • Danaher Corporation (Beckman Coulter, Inc.)
  • F. Hoffmann-La Roche
  • Sysmex Corporation
  • Siemens Healthineers
  • Randox Laboratories
  • Quest Diagnostics
  • Acon Laboratories
  • Nova Biomedical
  • Laboratory Corporation of America Holdings (LabCorp)

Major players operating in the market include Abbott Laboratories; Danaher Corporation (Beckman Coulter, Inc.); F. Hoffmann-La Roche; Sysmex Corporation; Siemens Healthineers; Randox Laboratories; Quest Diagnostics; Acon Laboratories; Nova Biomedical; and Laboratory Corporation of America Holdings (LabCorp). These players are pursuing growth strategies such as alliances and partnerships to broaden their geographical scope.

Kidney Function Tests Market By Key Players

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