Renal Panel Testing Market size is expected grow at a compound annual growth rate of 6.40% in the forecast period of 2020 to 2027 due to the increasing kidney disorder cases and rapid increase in chronic diseases such as obesity, diabetes and cardiovascular diseases which is primarily driving the market growth rate. Beside this, the growing awareness regarding new treatment of kidney disorders and progression in technology such as devices for home care will produce lucrative opportunities for the growth of the renal panel testing market.
Rising kidney disorder cases and increase in chronic diseases such as diabetes, obesity, cardiovascular diseases, high blood pressure due to presence of unhealthy lifestyle are the key factor driving market growth whereas rising geriatric population and advancement & innovation in technology will expand market growth. However, the high costs of treatments and stringent regulations in some regions are the restraining factors for the market growth. In addition increasing awareness about new treatment of kidney disorders and advancement in technology such as devices for home care will create lucrative opportunities for market. There are some limitations in these tests which does not give accurate results which will be a challenge for market.
Global Renal Panel Testing Market, By Type of Product (Dipsticks, Reagents, Disposables), Type Of Test (Urine Tests, Blood Tests, Kidney Biopsy, Imaging Tests, Dilution & Concentration Tests, Clearance Tests, Other Tests), End Use (Hospitals, Clinics, Diagnostic Laboratories, Research Institutes, Ambulatory Surgical Centres, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
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Renal Panel Testing Market Country Level Analysis:
Renal panel testing market is analyzed and market size insights and trends are provided by country, type of test, product type, and end-use as referenced above.
The country section of the renal panel testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The countries covered in the renal panel testing market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America. North America is anticipated to dominate the market share in forecast period due to increasing chronic kidney disorder cases and advancement in technology for better diagnosis in the region whereas Asia-Pacific is expected to observe high growth rate in coming years due to changing lifestyle and increasing cases of chronic diseases such as diabetes, blood pressure which is main factor for rising kidney disorder whereas government initiative toward better healthcare infrastructure and rising economies with medical tourism will drive market growth for region.
Healthcare Infrastructure growth Installed base and New Technology Penetration:
Renal panel testing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for renal panel testing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the renal panel testing market. The data is available for historic period 2010 to 2018.
Global Renal Panel Testing Market Scope and Market Size:
Renal panel testing market is segmented on the basis of type of test, product type, and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on type of product, renal panel testing market is segmented into dipsticks, reagents, and disposables. Based on type of test, renal panel testing market is segmented into urine tests, blood tests, kidney biopsy, imaging tests, dilution & concentration tests, clearance tests, and others. Urine tests is further segmented into urine protein tests, creatinine clearance tests, micro albumin tests, urinalysis, and others. Blood tests is sub segmented into serum creatinine tests, glomerular filteration rate tests, blood urea nitrogen tests, and others. Imaging tests is further segmented into ultrasound, compound tomography scan, and others. Renal panel testing market has also been segmented based on the end use into hospitals, clinics, public health labs, private or commercial labs, physician labs, research institutes, and others.
Key Market Competitors Covered in the report
The major competitors operating in the renal panel testing market report are Abbott, St. Jude Medical, Care Dx, Beckman Coulter, Siemens Healthcare GmbH, Cook Group, Baxter, Merck&Co, F.mann-La Roche Ltd, Danaher, Nova Biomedical, Boston Scientific, Sysmex, Acon laboratories, Opti Medical, Randox laboratories, Arkray and Urit Medical, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT:
Chapter One: Global Renal Panel Testing Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Renal Panel Testing Market Competition, by Players
Chapter Four: Global Renal Panel Testing Market Size by Regions
Chapter Five: Global Renal Panel Testing Market Revenue by Countries
Chapter Six: Global Renal Panel Testing Market Revenue by Type
Chapter Seven: Global Renal Panel Testing Market Revenue by Application
Chapter Eight: Global Renal Panel Testing Market Revenue by Industries
Chapter Nine: Global Renal Panel Testing Market Revenue by Deployment Model
Chapter Ten: Global Renal Panel Testing Market Revenue by End User
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