Kidney Function Tests Market Report: Trends, Forecast and Competitive Analysis to 2030

Kidney Function Tests Trends and Forecast

The future of the global kidney function tests market looks promising with opportunities in the hospital, diagnostic laboratory, and research laboratory & institute markets. The global kidney function tests market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rising prevalence of kidney disease, diabetes and hypertension are leading causes of kidney disease, and awareness among patients about the importance of kidney health and the benefits of early detection.

A more than 150-page report is developed to help in your business decisions.

Kidney Function Tests by Segment

The study includes a forecast for the global kidney function tests by product, end use, and region.

Kidney Function Tests Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Clearance Tests
• Urine Tests
• Blood Tests
• Dilution & Concentration Tests
• Others

Kidney Function Tests Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Laboratories
• Research Laboratories & Institutes
• Others

Kidney Function Tests Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Kidney Function Tests Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies kidney function tests companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the kidney function tests companies profiled in this report include-

• Abbott
• Danaher
• F. Hoffmann-La Roche
• Sysmex Corporation
• Siemens Healthineers
• Randox Laboratories
• Quest Diagnostics

Kidney Function Tests Market Insights

• Lucintel forecasts that clearance tests will remain the largest segment over the forecast period as these tests excel in maintaining consistent performance due to their exceptional sensitivity and precision along with its widespread availability and cost-effectiveness nature.

• Within this market, diagnostic laboratories will remain the largest segment due to increasing number of people with kidney disorders, the rising prevalence of chronic kidney disease, and the aging population, more patients are visiting diagnostic laboratories.

• North America will remain the largest region during the forecast period due to presence of well-developed healthcare system, high public awareness of chronic kidney disease, and supportive government policies and reimbursement programs.

Features of the Global Kidney Function Tests Market

• Market Size Estimates: Kidney function tests market size estimation in terms of value ($B).

• Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

• Segmentation Analysis: Kidney function tests market size by product, end use, and region. in terms of value ($B).

• Regional Analysis: Kidney function tests market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

• Growth Opportunities: Analysis of growth opportunities in different product, end use, and region.s for the kidney function tests market.

• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the kidney function tests market.

• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the kidney function tests market size?

Answer: The global kidney function tests market is expected to reach an estimated $1.4 billion by 2030.

Q.2. What is the growth forecast for kidney function tests market?

Answer: The global kidney function tests market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the kidney function tests market?

Answer: The major drivers for this market are rising prevalence of kidney disease, diabetes and hypertension are leading causes of kidney disease and awareness among patients about the importance of kidney health and the benefits of early detection.

Q.4. What are the major segments for kidney function tests market?

Answer: The future of the kidney function tests market looks promising with opportunities in the hospital, diagnostic laboratory, and research laboratory & institute markets.

Q.5. Who are the key kidney function tests market companies?

Answer: Some of the key kidney function tests companies are as follows:

• Abbott
• Danaher
• F. Hoffmann-La Roche
• Sysmex Corporation
• Siemens Healthineers
• Randox Laboratories
• Quest Diagnostics

Q.6. Which kidney function tests market segment will be the largest in future?

Answer: Lucintel forecasts that clearance tests will remain the largest segment over the forecast period as these tests excel in maintaining consistent performance due to their exceptional sensitivity and precision along with its widespread availability and cost-effectiveness nature.

Q.7. In kidney function tests market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region during the forecast period due to presence of well-developed healthcare system, high public awareness of chronic kidney disease, and supportive government policies and reimbursement programs.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the kidney function tests market by product (clearance tests, urine tests, blood tests, dilution & concentration tests, and others), end use (hospitals, diagnostic laboratories, research laboratories & institutes, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?