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Renal biomarkers can be lipids, proteins, genes, and metabolites, among others, that are utilized to evaluate kidney function and thus, aid in the diagnosis of kidney disorders. The growing elderly population, which is more prone to develop kidney-related diseases is a significant driver of the market. Further, the rise in the funding for biomarker research and the growing demand for non-invasive or minimally invasive diagnostic methods are likely to elevate the market value. Moreover, the increase in the adoption of renal biomarkers for routine screening and diagnostics is expected to support renal biomarkers market growth.
According to the American Kidney Fund, the prevalence of kidney disease is rising at an alarming rate, with people of color more prone to developing kidney failure. It is estimated that 1 in 7 or 14% of American adults are affected by kidney disease. Moreover, it is reported that 808,00 Americans are suffering from kidney failure and over 557,000 of them are receiving dialysis. The rise in the number of cases of kidney disorders, primarily due to diabetes, hypertension, and aging populations, is a significant driver of the market.
Based on the biomarker type, the market segmentation includes functional biomarkers and up-regulated proteins, among others. Functional biomarkers comprise indicators of normal biological processes or kidney function. Creatinine and cystatin C are some of the common renal biomarkers that are used to assess kidney function. The increasing prevalence of kidney diseases and the rising use of biomarkers in routine health screening, especially for early detection of kidney damage, are expected to fuel the growth of this segment.
The market report also offers insights based on technique, application, end users, and region.
The market report offers insight into various geographical locations, including North America, Europe, Asia Pacific, Latin America along with Middle East and Africa. North America dominates the market share owing to the high prevalence of chronic kidney disease and acute kidney injury in the region. The presence of the major pharmaceutical companies and premium research institutions further boosts the market growth. Moreover, robust regulatory support, increasing focus on early diagnosis, and rising investments in biomarker research are poised to aid the market expansion in the region.
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