According to the latest report by IMARC Group, titled “Kidney/Renal Function Test Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the market. The kidney/renal function test market research report also includes competitor and regional analysis, and contemporary advancements in the market. The global kidney/renal function test market is expected to exhibit a growth rate (CAGR) of 6.8% during 2023-2028.
Kidney/Renal Function Test Market Overview :
Renal function tests are medical tests that assess the kidneys' functioning, including filtration, reabsorption, and excretion of waste products and fluids, to evaluate kidney health and function. Renal function tests, which are laboratory-based, non-invasive procedures, involve collecting blood and urine samples to measure markers indicating filtration efficiency, waste product levels, protein levels, electrolyte concentrations, and abnormal cell presence. It is then followed by calculations to estimate the glomerular filtration rate (GFR) and assess overall kidney filtering capacity. Kidney/renal function tests possess the properties of sensitivity for detecting subtle changes in kidney function, specificity for identifying the underlying cause of kidney dysfunction and monitoring of kidney function over time.
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Global Kidney/Renal Function Test Market Trends:
The global market is primarily driven by the considerable rise in the incidences of numerous chronic kidney diseases (CKD). This can be attributed to the growing sedentary lifestyle leading to numerous lifestyle disorders among the masses. In line with this, the growing awareness and proactive approach regarding the importance of early detection and prevention of kidney diseases is providing an impetus to the market. Moreover, continual technological advancements, such as automated analyzers, point-of-care testing devices, and novel biomarkers are impacting the market positively. Furthermore, the increasing geriatric population that is more susceptible to kidney diseases and renal impairment is creating lucrative opportunities in the market. Some of the other factors contributing to the market include rapid urbanization, rising medical expenditure and the growing emphasis on personalized medicine.
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