Home Healthcare Medical Devices Creatinine Measurement Market to 2027

Creatinine Measurement Market to 2027

Publisher: The Insight Partners
Publication Date: March, 2020
Healthcare / Medical Devices
Pages: 179
Delivery Format: PDF

Global Analysis and Forecasts by Product (Kits, Reagents); Type (Enzymatic Method, Jaffe's Kinetic Method); Sample Type (Blood or Serum, Urine); End-User (Hospitals, Diagnostic Laboratories, Others), and Country

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The creatinine measurement market was valued at US$ 384.69 million in 2019 and is projected to reach US$ 705.96 million by 2027; it is expected to grow at a CAGR of 8.0% from 2020 to 2027.
Factors driving the creatinine measurement market are increasing prevalence of chronic kidney disorders (CKD) and growing prevalence of CKD among the geriatric population. However, a gradual shift toward novel biomarkers is among the major factor restraining the market growth.
There is the growing prevalence of chronic kidney diseases. According to the American Society of Nephrology (ASN), several ongoing recent advancements in molecular diagnostics are supporting the management of patients suffering from kidney-related disorders. Developments in the fields such as nucleic acid amplification and detection, proteomics, genomic analysis, and metabolomics have enhanced several molecular diagnostic assays. Further, the measurement of creatinine concentration in serum or plasma is a widely used procedure in clinical chemistry to assess the functioning of kidneys. There are different levels of CKD, and based on these stages, the creatinine levels can provide a comprehensive analysis of kidneys. Creatinine markers are used to determine the glomerular filtration rate, an essential parameter for diagnosing chronic kidney disease. Owing to its efficiency in the analysis of kidney function, Kidney Disease Improving Global Outcomes (KDIGO) guidelines recommended the use of creatinine measurement for kidney screening in 2012. Therefore, increasing chronic kidney disorders, coupled with benefits of creatinine measurement to understand the condition of kidneys, is likely to boost the demand for creatinine measurement devices during the forecast period.
The global creatinine measurement market has been segmented by product, type, sample type, and end user. The creatinine measurement market, by product, is segmented into kits and reagents. The reagent segment held a larger share of the market in 2019. The segment is also anticipated to register a higher CAGR in the market during the forecast period. Based on sample type, the market is segmented into blood and urine. The blood segment held a larger share of the market in 2019 and is estimated to register a higher CAGR during the forecast period. Based on end user, the creatinine measurement market is segmented into hospital, diagnostic laboratories, and others. Diagnostic laboratories held the largest share of the market in 2019, and the segment is further expected to register the fastest CAGR during 2020–2027.
The study considers interactions with a few of the prominent primary participants from leading organizations; different secondary sources referred to for preparing this report are Food and Drug Administration, World Health Organization (WHO), Organisation for Economic Co-operation and Development, National Kidney Foundation, and Saudi Society of Nephrology and Transplantation.

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• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the creatinine measurement market.

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• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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