Global Kidney Biopsy Market Forecast 2024-2033: Estimated Market Size And Growth Rate
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How Much Growth is Expected for the Kidney Biopsy Market from 2024 to 2033?
The kidney biopsy market has shown strong growth, expected to increase from $2.03 billion in 2023 to $2.14 billion in 2024, with a CAGR of 5.3%. Growth factors include rising chronic kidney diseases, increased awareness of early diagnosis, a growing geriatric population, expanded healthcare infrastructure, and enhanced government initiatives for kidney disease management.
The kidney biopsy market is expected to experience strong growth, reaching $2.66 billion by 2028 at a CAGR of 5.5%. Growth drivers include increasing kidney disease prevalence, rising healthcare spending, awareness of early diagnosis, a growing geriatric population, and demand for minimally invasive procedures. Major trends involve advancements in biopsy techniques, minimally invasive procedure adoption, imaging technology improvements, AI integration for precision, and innovations in biopsy devices.
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What Factors Are Encouraging Growth in the Kidney Biopsy Market?
The kidney biopsy market is likely to grow due to the rising incidence of renal cancer. This cancer type involves abnormal growth in kidney cells, with increasing diagnoses attributed to lifestyle changes and improved detection techniques. Kidney biopsies are crucial for diagnosing and managing renal cancer. Cancer Research UK projected new kidney cancer cases would rise from approximately 16,300 in 2023 to about 21,900 in 2025. Hence, the increasing incidence of renal cancer is driving the kidney biopsy market.
Which Segments Play a Vital Role in the Kidney Biopsy Market?
1) By Type: Percutaneous Biopsy, Surgical Biopsy
2) By Indication: Kidney Failure, Kidney Transplant, Hematuria, Proteinuria
3) By End-User: Hospitals And Clinics, Urology Centers, Tertiary Care Centers, Other End-Users
What Trends Are Driving Change in the Kidney Biopsy Market?
Firms in the kidney biopsy market are integrating artificial intelligence (AI) to enhance diagnostic accuracy and streamline procedures. In March 2024, Aiosyn launched the NephroPath platform, using AI to analyze kidney biopsy data and provide consistent, detailed evaluations.
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What Regions Are Contributing Significantly to the Growth of the Kidney Biopsy Market?
North America was the largest region in the kidney biopsy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kidney biopsy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Kidney Biopsy Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the kidney biopsy market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Kidney Biopsy Market Include
1. Kidney Biopsy Market Executive Summary
2. Kidney Biopsy Market Segments
3. Kidney Biopsy Market Size And Template Market Growth Rate
4. Key Kidney Biopsy Market Trends
5. Major Kidney Biopsy Market Drivers
……
25. Key Mergers And Acquisitions In The Kidney Biopsy Market
26. Top Kidney Biopsy Companies
27. Kidney Biopsy Market Opportunities And Strategies
28. Kidney Biopsy Market, Conclusions And Recommendations
29. Appendix
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