Ireland Kidney Function Test Market to be dominated by Urine Test type through 2028
Rising prevalence of chronic
kidney diseases is expected to drive the demand for the Ireland Kidney Function
Test Market in the forecast period, 2024-2028.
According to TechSci Research report, “Ireland Kidney Function Test
Market - By Region, Competition Forecast and Opportunities, 2018-2028,” the Ireland Kidney
Function Test Market is expected to grow at an impressive rate during the forecast
period, 2024-2028. This is due to the rising incidence of kidney failures, the
growing prevalence of diabetes and hypertension, the rise in alcohol
consumption, and growing awareness among different market players regarding new
product launches with high efficiency.
Additionally, the rising government initiatives and technological
innovations are expected to significantly drive the growth of the Ireland
Kidney Function Test Market. These technologies have led to the development of
more accurate and efficient kidney function tests. Automation, improved
laboratory techniques, and the introduction of point-of-care testing have
enhanced the reliability, speed, and convenience of these tests. Technological
advancements attract healthcare providers, leading to increased adoption and
utilization of kidney function tests.
Furthermore, the Ireland Kidney Function Tests Market is influenced by
the aging population. Ireland, like many developed nations, has a growing aging
population. With advancing age, the risk of kidney dysfunction and chronic
kidney disease rises. This demographic shift leads to an increased need for
kidney function tests to monitor the health of older individuals and detect
age-related kidney conditions, and it is expected to drive the growth of the
Ireland Kidney Function Test Market.
However, one of the most significant restraining factors for the
Ireland Kidney Function Test Market is the high cost associated with kidney
function tests. The expenses can vary depending on the specific tests required,
and the cumulative costs of repeated testing and monitoring can burden both
patients and healthcare systems. High costs may deter some individuals from
seeking regular kidney function tests, leading to delayed or inadequate
diagnosis and treatment.
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The Ireland Kidney Function Test Market
is segmented by type, component, end user, regional distribution, and
competitional landscape.
Based
on type, the market is further bifurcated into urine tests and blood tests.
Urine tests are further categorized into Urine Protein Tests, Creatinine
Clearance Tests, and Microalbumin Tests. Blood tests are further categorized
into Serum Creatinine Tests, Glomerular Filtration Rate Tests, and Blood Urea
Nitrogen Tests. The urine tests segment dominated the market in 2022. This is
attributed to the increased usage of urine dipstick analysis, the ease of
sample collection compared to blood tests, and the very low risk of infection
during sample collection.
Based
on component, the market is segmented into Dipsticks, Reagents, Kits &
Assays, and Others. The Dipsticks segment dominated the market in 2022 and is
expected to hold the largest share in the forecast period, 2024-2028. This is
attributed to the cost-effectiveness of dipstick testing, high availability,
and ease of the process.
Based
on end user, the market is divided into Hospitals & Clinics, Diagnostic
Laboratories, and Others. The hospital and clinics segment dominated the market
in 2022 and is expected to be the largest and fastest-growing segment of the
market. This is due to the rising awareness for campaigns about kidney function
tests and the growing focus of emerging economies on increasing the number of
hospitals across regions.
Major companies operating in Ireland
Kidney Function Test Market include:
- Baxter Healthcare Limited
- Abbott Ireland Limited
- Sysmex Ireland
- Hoffmann-La Roche Ireland Limited
- Danahar Corporation Ireland Limited
- Nova Biomedical Ireland Limited
- Siemens Healthineers Ireland
- Arkray Ireland Limited
- Fresenius Kabi Ireland
- Randox Laboratories Ltd
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“The Ireland Kidney Function Test Market is expected to witness
significant growth during the forecast period due to the increasing geriatric
population. The rise in lifestyle diseases and healthcare expenditure are expected
to drive the growth of the Ireland Kidney Function Test Market. However, rising
public awareness regarding high testing costs is expected to hamper the
market's growth in the next few years," said Mr. Karan Chechi, Research
Director at TechSci Research, a research-based global management consulting
firm.
“Ireland Kidney Function Test Market By Type (Urine Tests
and Blood Tests), By Component (Dipsticks, Reagents, Kits & Assays, Others),
By End User (Hospitals & Clinics, Diagnostic Laboratories, Others), By
Region, Competition Forecast & Opportunities, 2028F,”
has
evaluated the future growth potential of Ireland Kidney Function Test Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Ireland Kidney Function Test Market.
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