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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 14.61 million | 6.1% | North America |
| By Product | By Type | By Region |
|---|---|---|
|
|
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SCOPE OF THE REPORT
The global albumin and creatinine tests market is projected to reach USD 14.61 million by 2029 from USD 8.34 million in 2022, at a CAGR of 6.1% from 2023 to 2029.Â
Albumin and Creatinine Tests Market Overview
The amount of albumin and creatinine in your urine is compared in an albumin-creatinine ratio test. Albumin (pronounced “al-BYOO-mun”) is a protein found in the bloodstream. Small amounts of albumin (microalbumin) escape into the urine when the kidneys are injured. Creatinine is a waste product found in urine (pronounced “kree-AT-uh-neen”). The urine albumin-creatinine ratio (UACR) determines if albumin is present in the urine. Albumin is a type of protein found in the blood stream. Protein is required by your body. It’s a vital nutrient that aids in muscle growth, tissue healing, and infection resistance. The rising incidence of renal disorders/diseases, the rising acceptance of POC diagnostics, and the rising frequency of chronic ailments are driving the growth of the global albumin & creatinine testing market.
Over the forecast period, the albumin and creatinine testing market is expected to develop at a healthy rate. Concerns about the rising number of occurrences of renal problems and diseases may serve as important growth drivers for the albumin and creatinine tests market. As the frequency of diabetes and high blood pressure rises, the market for albumin and creatinine tests is predicted to grow at a faster rate, as these chronic illnesses lead to renal difficulties.
| ATTRIBUTE | DETAILS |
| Study period | 2023-2029 |
| Base year | 2022 |
| Estimated year | 2023 |
| Forecasted year | 2023-2029 |
| Historical period | 2018-2022 |
| Unit | Value (USD Billion) |
| Segmentation | By Product, By Type, By Region. |
| By Product
 |
|
| By Type
 |
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| By Region
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During the assessment period, the advent of integrated systems might lead to lucrative growth for the albumin and creatinine testing market. These integrated systems are used by large hospitals and diagnostic laboratories to manage their work. As a result, the market for albumin and creatinine tests will benefit from the increased use of integrated devices to allow for quick analysis of urine samples. The frequency of kidney illnesses and diseases is increasing among a significant portion of the population. During the projected period, this factor might be a key growth indicator for the albumin & creatinine testing market. The rising rate of hypoalbuminemia induced by the novel coronavirus will motivate more people to get albumin and creatinine testing, resulting in a faster pace of rise.
Some roadblocks may act as growth inhibitors for the albumin and creatinine testing industry. Semi-automated devices are preferred by a vast number of small hospitals and clinics with little foot traffic, whereas automated analyzers are preferred by large hospitals. The demand for automated analyzers reduces dramatically as the number of small hospitals and clinics outnumbers the number of large hospitals. As a result, this factor could be a big growth stumbling block for the albumin and creatinine testing market. Additionally, the high cost of installing automated analyzers will stifle the expansion of the albumin and creatinine testing market.
Albumin and Creatinine Tests Market Segment Analysis
The albumin and creatinine tests market is divided into dipsticks & kits, analyzers, cartridges {cartridges for POC analyzers, cartridges for table-top analyzers} reagents & other consumables based on products. In this market, the dipsticks & kits category held the highest share. The increased usages of kit-based quick procedures for albumin and creatinine testing, as well as the frequent procurement of these goods compared to devices like analyzers and cartridges, are driving market expansion.
The market is divided into urine tests {urine albumin tests, urine creatinine tests, glycated albumin} blood & serum creatinine tests based on type. Urine testing accounted for the majority of the market. The rapid growth of the diagnostics market, as well as the growing demand for quick and easy-to-use urine tests are driving this segment’s growth.
Albumin and Creatinine Tests Market Players
The major players operating in the global albumin and creatinine tests industry include Thermo Fisher Scientific, Inc., Roche Diagnostics, PromoCell GmbH, Abbott Laboratories, Siemens Healthineers, Danaher Corporation, Sysmex Corporation, Ortho Clinical Diagnostics, Randox Laboratories, Abbexa Ltd., ACON Laboratories, Inc., Arbor Assays Inc., ARKRAY Global Business Inc., Aviva Systems Biology, Axxora, LLC, BioAssay Systems. The presence of established industry players and is characterized by mergers and acquisitions, joint ventures, capacity expansions, substantial distribution, and branding decisions to improve market share and regional presence. Also, they are involved in continuous R&D activities to develop new products as well as are focused on expanding the product portfolio. This is expected to intensify competition and pose a potential threat to the new players entering the market.
Who Should Buy? Or Key Stakeholders
- Research and development
- Manufacturing
- End Use industries
- Healthcare sector
- Specialty Clinic
- Research Laboratories & Institutes
Albumin and Creatinine Tests Market Regional Analysis
Geographically, the albumin and creatinine tests market is segmented into North America, South America, Europe, APAC and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America is expected to hold the largest share of the global albumin and creatinine tests market. Â The growth in demand for fast urine tests, the rising prevalence of chronic disorders leading to various kidney diseases, expanding government initiatives, and the growing elderly population are all contributing to this regional segment’s substantial share. The Asia Pacific albumin and creatinine tests market is expected to grow at the fastest rate, owing to the expansion of key market players in emerging Asian countries, rising spending on life science and medical research in the region, and the rising geriatric population and prevalence of chronic conditions in Asian countries like India and China.
Key Market Segments: Albumin and Creatinine Tests Market
Albumin and Creatinine Tests Market by Product, 2023-2029, (USD Million)
- Dipsticks & Kits
- Analyzers
- Cartridges
- Reagents & Other Consumables
Albumin and Creatinine Tests Market by Type, 2023-2029, (USD Million)
- Urine Tests
- Blood & Serum Creatinine Tests
Albumin and Creatinine Tests Market by Regions, 2023-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered
Key Question Answered
- What is the current scenario of the global albumin and creatinine tests market?
- What are the emerging technologies for the development of albumin and creatinine tests devices?
- What are the historical size and the present size of the market segments and their future potential?
- What are the major catalysts for the market and their impact during the short, medium, and long terms?
- What are the evolving opportunities for the players in the market?
- Which are the key regions from the investment perspective?
- What are the key strategies being adopted by the major players to up their market shares?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Albumin and Creatinine Tests Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Albumin and Creatinine Tests Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global Albumin and Creatinine Tests Market Outlook
- Global Albumin and Creatinine Tests Market by Product (USD Million)
- Dipsticks & Kits
- Analyzers
- Cartridges
- Reagents & Other Consumables
- Global Albumin and Creatinine Tests Market by Type (USD Million)
- Urine Tests
- Blood & Serum Creatinine Tests
- Global Albumin and Creatinine Tests Market by Region (USD Million)
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles*
(Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Thermo Fisher Scientific, Inc.
- Roche Diagnostics
- PromoCell GmbH
- Abbott Laboratories
- Siemens Healthineers
- Danaher Corporation
- Sysmex Corporation
- Ortho Clinical Diagnostics
- Randox Laboratories
- Abbexa Ltd
 *The Company List Is Indicative
LIST OF TABLES
TABLE 1 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS)2020-2029
TABLE 2 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 3 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 4 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 5 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 6 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 7 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 8 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 9 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â UK ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â UK ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ALBUMIN AND CREATININE TESTS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY RESIN TYPE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY RESIN TYPE, USD MILLION, 2020-2029
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL ALBUMIN AND CREATININE TESTS MARKET BY PRODUCT, USD MILLION, 2020-2029
FIGURE 14Â Â Â Â Â Â Â Â Â Â ALBUMIN AND CREATININE TESTS MARKET BY REGION 2020
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â ROCHE DIAGNOSTICS: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â PROMOCELL GMBH: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ABBOTT LABORATORIES: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â SIEMENS HEALTHINEERS: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â DANAHER CORPORATION: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â SYSMEX CORPORATION: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â ORTHO CLINICAL DIAGNOSTICS: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â RANDOX LABORATORIES: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â ABBEXA LTD: COMPANY SNAPSHOT
FAQ
The albumin and creatinine tests market size had crossed USD 8.34 Billion in 2022 and will observe a CAGR of more than 6.1% up to 2029 driven by the rising prevalence of kidney disorders.
The upcoming trends in albumin and creatinine tests market integrated and automated system for overall urine analysis is an opportunity for market growth.
The global albumin and creatinine tests market registered a CAGR of 6.1% from 2023 to 2029. The product segment was the highest revenue contributor to the market.
North America is the largest regional market with 46% of share owning to growth in demand for fast urine tests, the rising prevalence of chronic disorders leading to various kidney diseases, expanding government initiatives, and the growing elderly population is all contributing to this regional segment’s substantial share.
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