Albumin and Creatinine Tests Market Growth Opportunities and Forecast till 2030
The Global Albumin and Creatinine Tests Market Size valued for USD 934.6 Million in 2021 and is anticipated to reach USD 3,697.6 Million by 2030 with a CAGR of 16.6% from 2022 to 2030.
The amount of a protein called albumin in the urine is measured as part of a microalbumin-to-creatinine ratio urine test (pee). The quantity of the waste substance creatinine in the urine is compared to the quantity of urine albumin.
A protein called albumin is typically found in the blood, and the kidneys typically stop the majority of albumin from passing into urine.
A urine albumin test measures the amount of albumin present in the urine because excessive levels of this protein may indicate kidney issues. The microalbumin creatinine ratio urine test looks for very small amounts of the protein albumin in a urine sample (pee).
The normal waste product creatinine found in urine is a result of the daily stress your muscles endure. Using a microalbumin creatinine ratio test, you can assess how much albumin and creatinine are present in your urine. This is a more precise method of determining the albumin concentration in your urine.
Parameter |
Albumin and Creatinine Tests Market |
Albumin and Creatinine Tests Market Size in 2021 |
US$ 934.6 Million |
Albumin and Creatinine Tests Market Forecast By 2030 |
US$ 3,697.6 Million |
Albumin and Creatinine Tests Market CAGR During 2022 – 2030 |
16.6% |
Albumin and Creatinine Tests Market Analysis Period |
2018 - 2030 |
Albumin and Creatinine Tests Market Base Year |
2021 |
Albumin and Creatinine Tests Market Forecast Data |
2022 - 2030 |
Albumin and Creatinine Tests Market Segments Covered |
By Product, By Type, By End-User, and By Region |
Albumin and Creatinine Tests Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Albumin and Creatinine Tests Market Key Companies Profiled |
Thermo Fisher Scientific, Inc., Roche Diagnostics, PromoCell GmbH, Abbott Laboratories, Siemens Healthineers, Danaher Corporation, Sysmex Corporation, Ortho Clinical Diagnostics, Randox Laboratories, FUJIFILM Wako Pure Chemical Corporation, Abbexa Ltd., ACON Laboratories, Inc., Arbor Assays Inc., ARKRAY Global Business Inc., Aviva Systems Biology, Axxora, LLC, BioAssay Systems, Nova Biomedical, Quantimetrix Corporation, RayBiotech Inc., Sekisui Diagnostics PEI Inc., Teco Diagnostics, Tulip Diagnostics, Ulti med Products GmbH, and URIT Medical Electronic Co., Ltd., and among others. |
Albumin and Creatinine Tests Market Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Albumin and Creatinine Tests Market Dynamics
During the assessment period, the introduction of integrated systems may favour profitable market growth for albumin & creatinine tests. These integrated systems are used by large hospitals and diagnostic labs to organise their work. As a result, the market for albumin and creatinine tests will have good growth prospects due to the increased use of integrated devices that enable quick analysis of urine samples.
The prevalence of kidney disorders and diseases is rising among a sizeable portion of the population. During the projected period, this factor might be a crucial growth indicator for the albumin & creatinine tests market. The novel coronavirus's increasing prevalence of hypoalbuminemia will push more people to get albumin and creatinine tests, which will eventually accelerate growth.
The majority of smaller clinics and hospitals still favour manual analysis or partially automated equipment. Large hospitals with heavy workloads tend to use automated devices, so the revenue generated can cover the costs of setting up automated analyzers. This poses a significant obstacle to market expansion because it makes it challenging for automated analyzers to enter the market, particularly in developing economies.
Albumin and Creatinine Tests Market Insights
The market for creatinine and albumin tests is segmented by product, type, and end-user. The market is divided into three product categories: cartridges, analyzers, and dipsticks & kits. The market is divided into two types based on type: blood & serum creatinine test and urine test. The three types of urine tests are glycated albumin, urine albumin, and urine creatinine tests. Lastly, the market is divided into hospitals and clinics, diagnostic laboratories, and research laboratories and institutes based on the end-user.
According to product, dipsticks & kits products will have the largest market share because consumers bought a lot of them in response to the high demand for rapid tests at labs or clinics. The albumin and creatinine test market's largest revenue segment by type will be the urine test market.
Global Albumin and Creatinine Tests Market Geographical Competition
The five geographic divisions of the global market for albumin and creatinine tests are North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. North America held the largest market share for albumin and creatinine tests globally in 2021. The significant market share of this regional market is primarily due to the rise in the demand for quick urine tests, the prevalence of chronic illnesses leading to different kidney diseases, expanding government initiatives, and the rising elderly population.
Global Albumin and Creatinine Tests Industry Segment Analysis
Albumin and Creatinine Tests Market By Product
· Dipsticks & Kits
· Analyzers
· Cartridges
Albumin and Creatinine Tests Market By Type
· Urine Tests
o Urine Albumin Test
o Urine Creatinine Test
o Glycated Albumin
· Blood & Serum Creatinine Tests
Albumin and Creatinine Tests Market By End-User
· Hospitals & Clinic’s
· Diagnostic Laboratories
· Research Laboratories & Institutes
Albumin and Creatinine Tests Market Leading Companies
This section of the study honors the market's top vendors Abbott Laboratories, Thermo Fisher Scientific, Inc., Arbor Assays Inc., Roche Diagnostics, PromoCell GmbH, Siemens Healthineers, Abbexa Ltd., Danaher Corporation, Sysmex Corporation, ARKRAY Global Business Inc., Ortho Clinical Diagnostics, Randox Laboratories, FUJIFILM Wako Pure Chemical Corporation, ACON Laboratories, Inc., Aviva Systems Biology, Axxora, LLC, Nova Biomedical, BioAssay Systems, Quantimetrix Corporation, RayBiotech Inc., Sekisui Diagnostics PEI Inc., Ulti med Products GmbH, Teco Diagnostics, Tulip Diagnostics, and URIT Medical Electronic Co., Ltd., and among others.
Albumin and Creatinine Tests Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa