Albumin & Creatinine Tests Market size to surpass around US$3.6 Bn by 2031 | Thermo Fisher Scientific, Inc., Roche Diagnostics, PromoCell GmbH

Global Albumin & Creatinine Tests Market is expected to reach $3.6 bn by 2031 growing at a CAGR of 14.7% between 2021 and 2031.

Global Albumin & Creatinine Tests Market report from Global Insight Services is the single authoritative source of intelligence on Albumin & Creatinine Tests Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

The urine albumin to creatinine ratio test is a common way to screen for high levels of albumin, which is known as albuminuria. This screening is most often done on people who have a greater risk of kidney disease comprising people with diabetes, high blood pressure, or a family history of kidney problems.

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Market Drivers

Rising prevalence of kidney disorders

Kidney disease is one of the major causes of death worldwide. Such cases—comprising multiple kidney treatments—require the continuous monitoring of components such as creatinine and albumin and their ratios, for which multiple urine analysis products and techniques are utilized. Urine analysis has extensive applications in the diagnosis and management of kidney diseases. Biochemical urine analysis enables clinicians to assess the level of chemical compounds (such as creatinine, urobilinogen, bilirubin, ketones, and glucose) in the urine. Atypical levels of these compounds in the urine indicate chronic kidney diseases, acute kidney injuries, and acute renal failure.

Market Segments

By Product

  • Dipsticks & Kits
  • Analyzers
  • Cartridges
    • Cartridges for POC Analyzers
    • Cartridges for Table-Top Analyzer
  • Reagents & Other Consumables

By Type

  • Urine Tests
    • Urine Albumin Tests
    • Urine Creatinine Tests

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Key Players
  • Thermo Fisher Scientific, Inc.
  • Roche Diagnostics
  • PromoCell GmbH
  • Abbott Laboratories
  • Siemens Healthineers
  • Danaher Corporation
  • Sysmex Corporation

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