According to FutureWise analysis the market for Creatinine Assay Kits in 2023 is US$ 0.26 billion, and is expected to reach US$ 0.43 billion by 2031 at a CAGR of 6.32%.
The Creatinine Assay Kits are used to measure creatinine levels in serum/plasma, urine, and other biological fluids. Muscles produce creatinine as a waste product when they break down creatine complexes. It is excreted from the body by the kidneys, which filter it from circulation and excrete it in urine. The creatinine assay is used to determine the body's protein metabolism, and its levels can be affected by changes in muscle mass, pregnancy, and cancer. If the kidneys are not functioning properly, blood tests may fail and creatinine levels will rise. Creatinine tests are done with a specific creatinine assay kit, and are typically done for reasons such as hypertension, diabetes, and cancer. The International Society of Nephrology reports that acute kidney injuries (AKI) occur approximately 13.3 million times each year worldwide, with a rate of 11.3 million per year in emerging economies. In addition to an increase in the frequency of renal illnesses and other chronic conditions, technological advances in biomedical research relevant to kidney disorders, and an increase in research and development activities are driving the market for creatinine assay kits.
There is an increase in renal illnesses and other chronic conditions, advances in biomedical research relevant to kidney disorders, and increased research and development activities fueling the growth of this market. Utilizing Jaffe's Kinetic Test Kits, the Jaffe reaction is a colorimetric technique used in clinical chemistry to measure creatinine levels in blood and urine. According to the National Kidney Foundation, there are about 10 million people worldwide affected by chronic kidney disease (CKD), and millions of them die each year. As a result of the fact that Jaffe's Kinetic Test Kits segment holds a significant market share in the creatinine assay kits market and the wide availability of these kits, as well as their affordability, this segment is expected to show a similar trend during the forecast period.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Creatinine Assay Kits Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Creatinine Assay Kits Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.