The Kidney Function Tests Market is expected to register a CAGR of 5% during the forecast period with a revenue of approximately USD 950.65 million in 2020 and is expected to reach USD 1,267 million by 2027.
The kidneys are one of the most important organs in the human body. The kidneys act as a blood filter, reabsorbing essential elements and removing water-soluble waste products from the blood. Because the kidneys play such an important role, they need constant regeneration of dead nephrons and proper blood circulation to maintain healthy cell growth susceptible to cancerous tumors and metastases. Functional impairment of the kidneys is remarkably common worldwide, and the incidence is increasing. Symptoms indicative of kidney-related problems include high blood pressure, blood in the urine, difficulty urinating, the urge to urinate frequently, and swelling of the hands and feet due to fluid accumulation.
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Market Segments
By Product
- Dipsticks
- Reagents
- Disposables
By Type
- Urine Tests
- Blood Tests
By End-User
- Hospitals
- Diagnostics Laboratories
- Research Laboratories and Institutes
Key Players
Some of the key global participants present in the kidney function tests market include F. Hoffmann-La Roche Ltd, Metabolic Solutions Development Company, LLC, Galectin Therapeutics, Inc., Baxter International Inc., Discovery Biomed, Inc., Otsuka Holdings Co., Ltd., Kadmon Corporation, LLC, Ipsen S.A., Eli Lilly and Company, Plexxikon Inc., IC-Meditech, Inc., Endocyte, Inc., ManRos Therapeutics, Pfizer Inc. and others.
Scope of the Report
The research study analyzes the global Kidney Function Tests industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Kidney Function Tests Market Report
1. What was the Kidney Function Tests Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Kidney Function Tests Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Kidney Function Tests Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Kidney Function Tests market.
- The market share of the global Kidney Function Tests market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Kidney Function Tests market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Kidney Function Tests market.
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