Market Size of Creatinine Assay Kits Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.30 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Creatinine Assay Kits Market Analysis
The creatinine assay kits market is expected to register a CAGR of 5.3% during the forecast period.
- There was a significant COVID-19 impact observed on the market studied. This was majorly attributed to the occurrence of kidney diseases among the individuals who suffered from COVID-19. The patients who survived COVID-19 exhibited an increased risk of acute kidney injury (AKI), estimated glomerular filtration rate (eGFR) declined, end-stage kidney disease (ESKD), and significant adverse kidney events (MAKE). The risks (and burdens) of kidney outcomes increased according to the severity of the acute infection. Thus, due to the high incidence rate of COVID-19, the burden of kidney diseases increased worldwide, which propelled the demand for creatinine assay kits to detect and diagnose kidney diseases and boosted the growth of the market studied. However, the market studied is currently performing at a pre-pandemic pace as COVID-19 illness and its associated impact have declined.
- The increasing incidence of renal and other chronic disorders, technological advancements in biomedical research about kidney disorders, and increasing research and development initiatives are the key driving factors in the creatinine assay kits market. Creatinine assay kits measure creatinine levels in serum/plasma, urine, and other biological samples. Creatinine assay is used to analyze the protein metabolism in the body, and the creatinine levels can be affected by changes in muscle mass, pregnancy, cancer, etc. Creatinine levels in the blood will increase and deflect in the blood test if the kidney is not in good condition. The creatinine test is performed by using a specific creatinine assay kit and can be performed for different conditions like hypertension, diabetes, and cancers.
- According to the International Society of Nephrology 2021 data, yearly, approximately 13.3 million cases of acute kidney injury (AKI) globally are exceptionally high in emerging countries, where annual incidence is estimated to be 11.3 million. Hence, with the increasing burden of kidney diseases, there is a growing demand for creatinine assay kits for diagnosis purposes, fueling the market growth worldwide.
- Furthermore, as per Globocan, the burden of cancer is expected to reach 605,726 cases by 2040. The high burden of kidney cancer boosted the early detection of kidney diseases, thereby driving the renal biomarkers market. According to the research study published in April 2021, titled, Global epidemiology of end-stage kidney disease (ESKD) and disparities in kidney replacement therapy, end-stage kidney disease (ESKD) was a rapidly increasing global health and healthcare burden, and the average number of new ESKD diagnoses worldwide was 144 individuals per million general population. Thus, the demand for renal biomarkers for detecting and diagnosing ESKD is expected to increase, likely to boost the growth in the market studied.
- However, identifying novel renal biomarkers and the limited usage of creatinine assay kits in in-vitro diagnostic devices hinder the global market growth.
