According to the latest report by IMARC Group, “Global Renal Biomarkers Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global renal biomarkers market reached a value of US$ 1.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.88 Billion by 2027, exhibiting a CAGR of 8.70% during 2022-2027.
Renal biomarkers refer to proteins, liquids, microRNAs, metabolites, genes, lipids, or proteomic patterns on a urinalysis. These patterns aid in ascertaining the glomerular filtration rate (GFR) of the kidney to determine its proper functioning and evaluate pathogenic procedures or pharmacological responses to therapeutic interventions. In recent years, renal biomarkers have gained traction in hospital and diagnostic laboratories across the globe due to their ability to predict disease progression and compute drug dosage.
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COVID-19 Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Renal Biomarkers Market Trends and Drivers:
One of the primary factors driving the market is the rising prevalence of individuals diagnosed with chronic kidney disease (CKD) and non-communicable diseases with considerable mortality and morbidity. Additionally, renal biomarkers, along with serum creatinine (SCr), blood urea nitrogen (BUN), urinary albumin or protein, and volume excretion, are extensively utilized to diagnose and monitor chronic kidney disease (CKD).
Besides this, there is widespread adoption of novel biomarkers and process-specific biomarker panels as they share prognostic and diagnostic information and assist in predicting the response to the treatment of glomerulopathies, autosomal dominant polycystic kidney disease (ADPKD), and acute kidney injury. Other major growth-inducing factors include the accessibility and feasibility of this product in all-sized laboratories, development and integration of epigenetics, transcriptomics, metabolomics, proteomics and genomics, growing healthcare industry, increasing geriatric population, and rising number of clinical trials for CKD globally.
Global Renal Biomarkers Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- Abbott Laboratories
- Beckman Coulter Inc. (Danaher Corporation)
- bioMérieux SA
- BioPorto A/S
- Bio-Rad Laboratories Inc.
- Enzo Biochem Inc.
- Hoffmann-La Roche AG
- PerkinElmer Inc.
- Randox Laboratories Ltd.
- Siemens AG
- Thermo Fisher Scientific Inc.
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The report has segmented the market on the basis of region, type, diagnostic technique and end user.
Breakup by Type:
- Functional Biomarker
- Serum Creatinine
- Serum Cystatin C
- Urine Albumin
- Up-regulated Protein
- Neutrophil Gelatinase-Associated Lipocalin (NGAL)
- Kidney Injury Molecule-1
- INTERLEUKIN-18
- Others
Breakup by Diagnostic Technique:
- Enzyme-linked Immunosorbent Assay (ELISA)
- Particle-enhanced Turbidimetric Immunoassay (PETIA)
- Colorimetric Assay
- Chemiluminescent Enzyme Immunoassay (CLIA)
- Liquid Chromatography Mass Spectrometry (LC-MS)
Breakup by End User:
- Hospital
- Diagnostic Laboratory
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Key Questions Answered in This Report:
- How has the global renal biomarkers market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global renal biomarkers market?
- What are the key regional markets?
- What is the breakup of the market based on the biomarker type?