Accrediting the kind of growth, the market is witnessing and the growth prospect the market is demonstrating, Market Research Future (MRFR), has recently published a brilliant study report. The Kidney Biopsy Market Size is anticipated to grow at a substantial speed in the years to come. The renal biopsy market is anticipated to reach USD 2,893.32 Million by 2030 at 5.2% CAGR during the forecast period 2022-2030.
Kidney biopsy is used to identify kidney illness, track treatment progress, and see if the kidney transplant operates well. Percutaneous biopsy and surgical biopsy are the two most common forms.
The global market for Kidney biopsy or renal biopsy is growing pervasively over last decade. Factors such as increasing prevalence for kidney diseases transplants are fuelling the market growth to an extent. Also the risk factors of kidney diseases disorders like chronic high blood pressure diabetes that are creating the demand for the better diagnostic and treatment methods by increasing the prevalence of kidney diseases and in turn, speeding up the market growth.
Key Players
Some of key the players in the market are Boston Scientific Corporation (U.S.), Cook Medical (U.S.), C R Bard, Inc. (U.S.), Devicor Medical Products Inc. (U.S.), Hologic Inc. (U.S.), Intact Medical Corporation (U.S.), Precision Biopsy, LLC, Scion Medical Technologies LLC (U.S.),, Integra LifeSciences Corporation (U.S.), Creganna (U.S.), Focal Therapeutics, Inc. (U.S.), CareFusion (U.S.), Argon Medical Devices, Inc. (U.S.)and others.
Global Kidney Biopsy Market- Segments
For the convenience of the report and enhanced understanding; the report - Kidney Biopsy Market is segmented in to 4 key dynamics
- By Types: Comprises Percutaneous and Surgical Biopsy.
- By Indications : Hematuria, Kidney Failure, Proteinuria, and Kidney Transplant.
- By End Users : Hospitals Clinics, Tertiary Care Centers, Urology Centers among others.
- By Regions : North America, Europe, APAC and Rest of the World.
Global Kidney Biopsy Market- Competitive Analysis
The global Kidney Biopsy market is a fragmented market with a large number of players. Product development strategy has been curtailed by the excellent efficiency and efficacy of drugs. However, the rise of drug resistance has opened doors for new drug development and is an opportunity for a new market leader. The rise of spurious and counterfeit medicines has reduced the total market revenues and at the same time displaced standard drugs off the market.
Global Kidney Biopsy Market- Regional Analysis
Globally, North America is the largest market for the Kidney Biopsies. Factors such as extensive uptake of technologically advanced medical devices, high expenditures for health care coupled with the governmental support for RD activities drive the regional growth of the market. Moreover, increasing prevalence of kidney diseases, diabetes, and renal failures are providing impetus to the market growth.
While Europe region stands as the second-largest market for Kidney Biopsies. This growth attributes to the increasing emphasis on the development of advent urology diagnostic devices, rising government support for research development coupled with the availability of funds. Besides, rising number of specialty services offered by various healthcare providers drive the regional market growth.
However, the developing regions market particularly Asia Pacific will be the fastest growing market for Kidney Biopsies. Factors such as the ever-increasing prevalence of diabetes, and rising number of kidney transplant procedures in urology centres, rapidly developing healthcare technology sector and high healthcare expenditure drive the regional market growth. Furthermore, increasing demand for quality devices in the healthcare is expected to lead the use of advanced equipment, which, in turn, is expected to foster the market growth in APAC region.
Industry/Innovations/Related News:
- April 03, 2018 – Researchers at the Boston University School of Medicine published their study for a further advancement of medical artificial intelligence technology. The technology is designed to help medical staff to assess kidney disease. The scientist group applied machine learning frameworks convolution neural networks to the object recognition tasks in the medical setting.
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