Point of Care Creatinine Instruments Market Size By Product Type (Benchtop And Handheld), Sample Type (Blood Or Serum, And Urine), End-User (Blood Or Serum, And Urine), And Geography

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Point of Care Creatinine Instruments Market Size And Forecast

Point of Care Creatinine Instruments Market was valued at USD 556.46 Million in 2019 and is projected to reach USD 1,107.69 Million by 2027, growing at a CAGR of 9.10% from 2020 to 2027.

Okay, so you want the inside scoop on the Global Point of Care Creatinine Instruments Market? This report gives you the full picture for the years ahead. We've broken it down into segments and looked at all the things that really matter – the trends and the forces shaping the market. Think of it this waywe're diving deep into the market dynamics, figuring out what's pushing things forward (the drivers), what's holding things back (the restraints), and where the exciting chances are (the opportunities) along with the hurdles to jump (the challenges). The drivers and restraints? Those are the things happening within the market itself. Opportunities and challenges? They're coming from the outside. Basically, this Global Point of Care Creatinine Instruments Market study gives you a sneak peek at how the market's revenue is likely to grow over time.

What is Point of Care Creatinine Instruments?

So, point-of-care creatinine instruments? They're really important for folks dealing with chronic kidney disease, after a kidney transplantation, or managing other renal disorders. These tools help with all sorts of testsfrom simple urine tests and blood tests to more complex ones like the serum creatinine test and the creatinine clearance test. The serum creatinine test, especially when paired with urine tests, helps us figure out creatinine clearance. Plus, we can use it with things like age and gender to estimate GFR, or eGFR. If you've had a kidney transplant, you might need to check your serum creatinine like, 20 times in that first year! The great thing about these point-of-care devices is they let people keep an eye on their kidney function regularly, whether at the hospital or their local clinic. You can find them as handy handheld devices or as smaller analyzers that sit right on a bench. Those handheld ones are especially useful at home, but healthcare pros use them too.

Global Point of Care Creatinine Instruments Market Overview

Imagine how much easier it would be to catch kidney problems early! Point-of-care creatinine instruments are making it happen, helping with early diagnosis of chronic kidney diseases (CKD) through screenings and keeping a close eye on high-risk patients. Think about itcreatinine point-of-care (POC) analysis, especially with those handy portable devices, gives us fast results, right in the comfort of your home. This data gets sent straight to the electronic medical record, so your medical team can review it quickly. That means they can manage and diagnose serious conditions – like Haemolytic Uraemic Syndrome that can pop up with repeated renal failures – and give you a better outlook. This is also a game-changer for end-stage renal failure, helping with renal replacement therapy. And because home creatinine testing with POC is so simple and convenient, it's leading to more frequent checks on your kidney function.

Global Point of Care Creatinine Instruments MarketSegmentation Analysis

The Global Point of Care Creatinine Instruments Market is segmented on the basis of Product Type, sample type, end-user, and geography.

Global Point of Care Creatinine Instruments Market by Product Type

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Based on type, the market is bifurcated into benchtop and handheld. Benchtop accounted for the largest market share in 2019. A benchtop or tabletop device is a category of devices that have been reduced in both size and complexity to deliver less costly care closer to the patient’s home. The design of this type of instrument overlaps with some of those that are used in the central laboratory. The benchtop unit allows the user to measure a complete panel of blood sampling parameters

Global Point of Care Creatinine Instruments Market by Sample Type

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On the basis of sample type, the Global Point of Care Creatinine Instruments Market has been segmented into blood or serum, and Urine. Blood or Serum accounted for the largest market share in 2019. The point-of-care creatinine instruments are used for the quantitative determination of creatinine (Crea) in whole blood, which are used in the diagnosis & treatment of renal diseases and monitoring renal dialysis. During the serum/blood creatinine test, a member of the health care team takes a sample of blood by inserting a needle into a vein in a patient arm.

Global Point of Care Creatinine Instruments Market by End user

When we look at who's actually using these point-of-care creatinine instruments, we can break it down into a couple of key groupshospitals and clinics, and home care. Back in 2019, hospitals and clinics were the biggest users. You know, point-of-care (POC) diagnostic devices are all about getting quick results right there with the patient or nearby. Think of it – everything from simple blood sugar checks to more complicated coagulation tests can now be done right where the patient is (that's what we mean by "point-of-care tests," or POCT). The great thing about switching to POCT from regular lab tests is that it speeds things up – no more waiting for samples to be transported and prepped. You get the results quickly at the point of care, which means doctors can make decisions about treatment faster.

Global Point of Care Creatinine Instruments Market by Geography

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Looking at the regions, the Global Point of Care Creatinine Instruments Market is divided into North America, Europe, China and Japan. We're expecting North America to lead the way in market share for these instruments in the coming years, with Europe coming in second. North America already has a strong hold on the market and that's expected to continue. A big reason for this is the rising number of chronic kidney disease (CKD) cases in the U.S. The Centers for Disease Control and Prevention (CDC) reported that in 2019, around 15% of adults in the U.S. – that's about 37 million people – were estimated to have CKD. Plus, it's projected that 38% of people aged 65 and older will develop CKD.

Key Players

The “Global Legal Process Outsourcing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Abbott Diagnostics Inc., Nova Biomedical, Radiometer (The Danaher Corporation), Abaxis, Inc., Siemens AG, F. Hoffmann-La Roche Ltd., FUJIFILM Corporation, and Thermo Fisher Scientific Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Company Name

Key Development

Description

Abbott DiagnosticNew Launch
  • Abbott announced its i-STAT Alinity System is now available for sale in Europe and other countries
  • i-STAT Creatinine test is used for the quantitative determination of creatinine (Crea)

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2016-2027

Base Year

2019

Forecast Period

2020-2027

Historical Period

2016-2018

Unit

Value (USD Billion)

Key Companies Profiled

Abbott Diagnostics Inc., Nova Biomedical, Radiometer (The Danaher Corporation), Abaxis, Inc., Siemens AG, F. Hoffmann-La Roche Ltd., FUJIFILM Corporation, and Thermo Fisher Scientific Inc.

Segments Covered

By Product Type, By Sample Type, By End-User, And By Geography.

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Point of Care Creatinine Instruments Market Infographic

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