Creatinine Measurement Market outlook with industry review and forecasts
Category: #health  By Partha Ray  Date: 2019-08-08
  • share
  • Twitter
  • Facebook
  • LinkedIn

Creatinine Measurement Market outlook with industry review and forecasts

Creatinine Measurement Market size is expected to grow significantly from 2019 to 2025. Rising prevalence of renal diseases in developed as well as developing countries will upsurge demand for creatinine measurement market. According to National Chronic Kidney Disease Fact Sheet 2017, 15% of the U.S. adults accounting for around 30 million people are estimated to have chronic kidney disease. Thus, surging demand for serum creatinine determination for renal disease diagnosis will favor business growth. Moreover, increasing prevalence of diabetes worldwide leading to renal diseases should further escalate creatinine measurement industry growth during the forthcoming years.

Additionally, initiatives by various government and non-governmental organizations will serve to be impact rendering factor in the market growth. National Kidney Disease Education Program’s (NKDEP’s) Laboratory Working Group in co-operation with the International Federation of Clinical Chemistry and Laboratory Medicine (IFCC) and the European Federation of Clinical Chemistry initiated the Creatinine Standardization Program with an aim to minimize interlaboratory discrepancy in creatinine assay calibration and enhance the accuracy of glomerular filtration rate estimation. These initiatives offer effective diagnosis and treatment for various kidney diseases thereby, improving patient outcomes and fostering industry growth. However, stringent regulatory policies and shifting preference of healthcare professionals towards novel renal dysfunction biomarkers may impede creatinine measurement market growth over the forecast period.

Request In-depth table of contents @ https://www.gminsights.com/request-toc/upcoming/3804

Jaffe’s kinetic method segment accounted for considerable revenue share in 2018 and is estimated to show robust growth over the coming years. Growing prevalence of renal diseases in developed as well as developing countries is the key factor driving segment growth. Increasing demand for kits and reagents used in Jaffe’s kinetic method owing to its widespread availability and cost-effectiveness will surge segment growth over the coming years.

Blood sample segment is anticipated to witness lucrative growth during the forthcoming years. Adoption of kits and reagents based on the analysis of creatinine in blood samples is increasing owing to its benefits such as low risk of contamination as well as greater accuracy in determining creatinine concentration. Such factors will thus spur business size over the analysis period.

Hospitals segment held substantial revenue share in 2018 and is projected to show significant growth over the forecast period. Segment growth is attributed to growing incidence of kidney diseases coupled with surge in number of hospital admissions. Increasing patients preference towards hospitals settings for disease detection and treatment will favor segment growth.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/3804

North America creatinine measurement market accounted for momentous revenue in 2018 and will witness similar growth over the analysis timeframe. Rising prevalence of kidney disorders in the region is the major factor driving North America creatinine measurement industry growth. Availability of well-developed healthcare infrastructure coupled with increasing healthcare expenditure will foster regional business growth.

Some of the prominent players operating in creatinine measurement market share include Abbott, Danaher, DIALAB, Diazyme Laboratories, F. Hoffmann-la Roche, Pointe Scientific, Randox Laboratories, Sentinel Diagnostics, Siemens Healthineers and Thermo Fisher Scientific. Companies mainly focus on innovative product launch as well as strategic alliances including partnerships and acquisitions to capitalize on market opportunities and gain more market share.

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Bed Monitoring System & Baby Monitoring System Market 2019| Application and Future Forecast by 2025
Bed Monitoring System & Baby Monitoring System Market 2019| Application and Future Forecast by 2025
By Partha Ray

Bed Monitoring System & Baby Monitoring System market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is...

Bio Decontamination Market 2019| Application and Future Forecast by 2025
Bio Decontamination Market 2019| Application and Future Forecast by 2025
By Partha Ray

Bio Decontamination market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well ...

Data Broker Market to witness high growth in near future
Data Broker Market to witness high growth in near future
By Partha Ray

The Data Broker market study now available with Market Study Report, LLC, is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study ...