The growth of the creatinine measurement market is attributed tothe increasing prevalence of chronic kidney disorders, growing geriatric population, and others.In recent years, the developments in the biotechnology sectors have accelerated due to the expansion of technological and engineering applications. The growth in biotechnology industry has enabled launches of various products based on bioengineering concepts. Thus, innovations have supported the introduction of various technically advanced systems and have enabled to improve healthcare facilities. Thus, technological factors are likely to foster the growth of the North America creatinine measurement market during the forecast period.
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Top Key Companies:
1. Abbott
2. Beijing Jiuqiang Biotechnology Co., Ltd.
3. Beijing Leadman Biochemical Co., Ltd.
4. Cayman Chemical
5. Danaher
6. Dialab GmbH
7. Diazyme Laboratories, Inc.
8. F. Hoffmann-La Roche Ltd
9. Fujifilm Wako Pure Chemical Corporation
10. Randox Laboratories Ltd
The North AmericanCreatinine Measurement Market is expected to reach US$ 269.75millionin 2027from US$ 148.79 millionin 2019. The market is estimated to grow with a CAGR of 7.8% from 2020-2027.
The Jaffe’s Kinase method segment held the largest market share in the North American creatinine measurement market, which is attributed to the increasing adoption of this method due to extended range of advantages. Moreover, increasing prevalence of chronic kidney diseases coupled with growing awareness and availability of the product in considerable margins are projected to drive the growth of the segment during the forecast period.
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The US registered as the fastest-growing region in the North American creatinine measurement market. The growth of the market in the US is attributed due to rising support from the government, increasing geriatric population, implementation of strategic marketing policies by major players, and increasing incidence of chronic kidney diseases.
American Society of Nephrology andUS the Food and Drug Administration are the major primary and secondary sources for the creatinine measurement market included in the report.
