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Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market: By Assay Type: Fluorometric Assay, Colorimetric assays; By Application: Diabetes, Salicylate Intoxication, Others; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Outlook

The global B-hydroxybutyrate (ketone body) assay kits market is expected to grow at a CAGR of 5.90% in the forecast period of 2023-2028.

 

Global B Hydroxybutyrate Ketone Body Assay Kits Market

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Increasing Applications of B-hydroxybutyrate (Ketone Body) Assay Kits to Reduce the Risk of Diabetic Ketoacidosis Bolstering the Market Growth

Based on application, the diabetes segment is likely to account for a significant share in the market. This can be attributed to the rising cases of high-blood pressure, obesity and the lack of activity due to the rising prevalence of sedentary lifestyles. With the extensive risk of hypoglycaemia, hyperglycaemia and diabetic ketoacidosis owing to high-blood levels of B-hydroxybutyrate in diabetic patients, the requirement for B-hydroxybutyrate (ketone body) assay kits for precise and timely testing is propelling the market growth. Meanwhile, the childhood hypoglycaemia segment is anticipated to account for a healthy share in the market. As childhood hypoglycaemia is mainly caused due to inaccurate doses of insulin or oral diabetes medicine, the demand for B-hydroxybutyrate (ketone body) assay kits owing to their high analytical performance, is providing impetus to the industry growth.

 

North America Accounts for a Significant Share in the Market for B-Hydroxybutyrate (Ketone Body) Assay Kits

The rising incidence of diabetic ketoacidosis (DKA) in North America is likely to provide impetus for the B-hydroxybutyrate (ketone body) assay kits. The market growth in the region is projected to be propelled by increasing validation studies and the rapid growth of commercial assays. The growing technological advancements in the healthcare sector is likely to aid the market further in North America. Moreover, innovations and development in healthcare infrastructure in countries like the United States and Canada, among others, are estimated to bolster the growth of the market in the forecast period.

 

B-Hydroxybutyrate (Ketone Body) Assay Kits: Market Segmentation

B-Hydroxybutyrate (ketone body) assay kits are diagnosis kits that are used to quantify the level of B-hydroxybutyrate in plasma/serum. They are generally used in the diagnosis of diabetic ketoacidosis and other ketonic states. They provide an accurate and precise diagnoses of various health issues, due to which they are extensively used.

 

Global B Hydroxybutyrate Ketone Body Assay Kits Market by Segment

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The major assay types of B-hydroxybutyrate (ketone body) assay kits are:

  • Fluorometric Assay
  • Colorimetric Assay

The applications of B-hydroxybutyrate (ketone body) assay kits include:

  • Diabetes
  • Salicylate Intoxication
  • Childhood Hypoglycaemia 
  • Inborn Errors of Metabolism
  • Others

Based on end use, the industry is segmented into:

  • Hospitals and Clinics
  • Ambulatory Surgical Centres
  • Pathology Laboratories
  • Diagnostic Centres
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global B Hydroxybutyrate Ketone Body Assay Kits Market by Region

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High-Sensitivity of B-Hydroxybutyrate (Ketone Body) Assay Kits to Boost the Market Growth

The global B-hydroxybutyrate (ketone body) assay kits industry is being driven by the high sensitivity and reliability of the product, due to which they are extensively preferred in hospitals and clinics. The rising cases of diabetes, coupled with the growing risk of childhood hypoglycaemia, is likely to propel the demand for B-hydroxybutyrate (ketone body) assay kits. As the B-hydroxybutyrate (ketone body) assay kits have high analytical value for the diagnosis and effective monitoring of ketoacidosis, the market is witnessing robust growth. The growing research and development (R&D) activities and the quantification of ketone bodies in laboratories in developing economies are anticipated to further bolster the market growth in the coming years.

 

Key Industry Players in the Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market

The report gives a detailed analysis of the following key players in the global B-hydroxybutyrate (ketone body) assay kits market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Abcam plc.
  • Cell biolabs, Inc.
  • BioAssay Systems
  • AAT Bioquest, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Assay Type, Application, End Use, Region
Breakup by Assay Type Fluorometric Assay, Colorimetric assays
Breakup by Application Diabetes, Salicylate Intoxication, Childhood Hypoglycaemia, Inborn Errors of Metabolism, Others
Breakup by End Use Hospitals and Clinics, Ambulatory Surgical Centres, Pathology Laboratories, Diagnostic Centres, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Abcam plc., Cell biolabs, Inc., BioAssay Systems, AAT Bioquest, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis

    8.1    Key Industry Highlights
    8.2    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market (2018-2022) 
    8.3    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast (2023-2028)
    8.4    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market by Assay Type
        8.4.1    Fluorometric Assay
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Colorimetric assays
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market by Application
        8.5.1    Diabetes
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Salicylate Intoxication
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Childhood Hypoglycaemia
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Inborn Errors of Metabolism
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market by End Use
        8.6.1    Hospitals and Clinics
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Ambulatory Surgical Centres
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Pathology Laboratories
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Diagnostic Centres
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Others
    8.7    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East  and Africa B-Hydroxybutyrate (Ketone Body) Assay Kits Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Abcam plc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Cell biolabs, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    BioAssay Systems
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    AAT Bioquest, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market: Key Industry Highlights, 2018 and 2028
2.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Assay Type (USD Billion), 2018-2022
3.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Assay Type (USD Billion), 2023-2028
4.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Application (USD Billion), 2018-2022
5.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Application (USD Billion), 2023-2028
6.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by End Use (USD Billion), 2018-2022
7.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by End Use (USD Billion), 2023-2028
8.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Region (USD Billion), 2018-2022
9.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Region (USD billion), 2023-2028
10.    North America B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Country (USD billion), 2018-2022
11.    North America B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Country (USD billion), 2023-2028
12.    Europe B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Country (USD billion), 2018-2022
13.    Europe B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Country (USD billion), 2023-2028
14.    Asia Pacific B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Country (USD billion), 2018-2022
15.    Asia Pacific B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Country (USD billion), 2023-2028
16.    Latin America B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Country (USD billion), 2018-2022
17.    Latin America B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Country (USD billion), 2023-2028
18.    Middle East and Africa B-Hydroxybutyrate (Ketone Body) Assay Kits Historical Market: breakup by Country (USD billion), 2018-2022
19.    Middle East and Africa B-Hydroxybutyrate (Ketone Body) Assay Kits Market Forecast: breakup by Country (USD billion), 2023-2028
20.    Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Structure

Key Questions Answered in the Report

The global B-hydroxybutyrate (ketone body) assay kits market is expected to grow at a CAGR of 5.90% between 2023 and 2028.

The major drivers of the industry, such as the rising end uses of B-hydroxybutyrate (ketone body) assay kits in hospitals and clinics, the growing risk of diabetes and childhood hypoglycaemia, the excellent sensitivity and reliability of the product, and the high analytical performance of the product are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing R&D activities and the quantification of ketone bodies in labs in the developing economies.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Fluorometric assay and colorimetric assays are the major assay types of B-hydroxybutyrate (ketone body) assay kits in the market.

Diabetes, salicylate intoxication, childhood hypoglycaemia, and inborn errors of metabolism, among others, are the different applications of the product.

Hospitals and clinics, ambulatory surgical centres, pathology laboratories, and diagnostic centres, among others, are the significant end uses of the product.

The major players in the industry are Abcam plc., Cell biolabs, Inc., BioAssay Systems, and AAT Bioquest, Inc., among others.

Analyst Review

The global B-hydroxybutyrate (ketone body) assay kits market is driven by the rising end uses of the product in hospitals and clinics. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.90%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on assay type, the B-hydroxybutyrate (ketone body) assay kits industry is divided into fluorometric assay and colorimetric assay. On the basis of application, the market is divided into diabetes, salicylate intoxication, childhood hypoglycaemia, and inborn errors of metabolism, among others. By end uses, the market is classified into hospitals and clinics, ambulatory surgical centres, pathology laboratories, and diagnostic centres, among others. The major regional markets for B-hydroxybutyrate (ketone body) assay kits are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Abcam plc., Cell biolabs, Inc., BioAssay Systems, and AAT Bioquest, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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