VALLEY COTTAGE, New York, November 28, 2016 /PRNewswire/ --
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According to Future Market Insights analysts, a rising prevalence of renal diseases is likely to boost the growth of the global renal biomarker market over the forecast period. Other prominent growth factors include a large number of clinical trials in the novel renal biomarker and drug development space and penetration of various cost-effective, reliable, and rapid technologically driven diagnostic protocols in clinical practice. However, use of unreliable imperfect gold standard for renal disease diagnosis and lack of sensitivity and specificity in current renal biomarkers are some of the factors restraining the growth of the market over the forecast period.
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A growing popularity of non-invasive renal biomarkers could help researchers in the development of studies utilising urine biomarkers and tracking therapies early in the course of diseases diagnosis. Additionally, formation of several consortiums on renal disease accelerating R&D involves investigators from multiple institutions working together to pursue the discovery and validation of novel biomarkers to advance the field of renal biomarker research.
The global renal biomarker market is segmented on the basis of Biomarker Type (Functional Biomarker, Up-Regulated Proteins, Others); Diagnostic Technique (Enzyme Linked Immunosorbent Assay, Particle-Enhanced Turbidimetric Immunoassay, Colorimetric Assay, Chemiluminescent Enzyme Immunoassay, Liquid Chromatography-Mass Spectrometry); and End User (Diagnostic Labs, Outpatient Clinics, Research Centres, Hospitals).
Preview Analysis on Global Renal Biomarker Market Segmentation By Biomarker Type - Functional Biomarker, Serum Creatinine, Serum Cystatin C, Urine Albumin, Up-Regulated Proteins, Neutrophil Gelatinase-Associated Lipocalin, Kidney Injury Molecule 1 and Interleukin 18, By Diagnostic Technique - Enzyme Linked Immunosorbent Assay, Particle-Enhanced Turbidimetric Immunoassay, Colorimetric Assay, Chemiluminescent Enzyme Immunoassay and Liquid Chromatography-Mass Spectrometry, By End User - Diagnostic Labs and Outpatient Clinics: http://www.futuremarketinsights.com/reports/renal-biomarker-market
The global renal biomarker market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). The North America renal biomarker market is expected to register high Y-o-Y growth throughout the forecast period. The market in this region is anticipated to witness a CAGR of 7.6% over the forecast period. The presence of leading renal biomarker manufacturers and established distribution channels in North America is expected to create significant growth opportunities over the next 10 years. The Western Europe renal biomarker market is estimated to represent absolute $ opportunity of US$ 14.1 Mn in 2017 over 2016.
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The global renal biomarker market report profiles some of the top companies operating in the global market. Leading market players featured in the report include Beckman Coulter, Inc. (Danaher Corporation), Thermo Fisher Scientific Inc., Abbott Laboratories, BIOPORTO A/S, Astute Medical, Inc., and Randox Laboratories Ltd. The report discusses individual strategies adopted by these companies in terms of enhancing product designing, creating new manufacturing facilities, market consolidation, and advanced R&D initiatives.
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