Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market to be Driven by the Increasing Demand for the Product from the Diagnostic Centres in the Forecast Period of 2022-2027

Expert Market Research’s new report titled, Global B-Hydroxybutyrate (Ketone Body) Assay Kits Market Size, Report and Forecast 2022-2027 provides an in-depth analysis of the global B-Hydroxybutyrate (Ketone Body) Assay Kits market, evaluating the Market based on its segments such as assay type, application, end-use, and major regions.

The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.

B-Hydroxybutyrate (Ketone Bodies) Assay Kits Market Size, Trends, Industry Report, Key Players, Key Segments and Forecast

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Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 5.90%

report attribute details
historical period 2017-2021
forecast period 2022-2027
base year 2021
Growth rate CAGR 5.90%
main actors Abcam plc., Cell Biolabs Inc., BioAssay Systems and AAT Bioquest Inc., among others.

Increasing demand for B-hydroxybutyrate (ketone bodies) testing kits from hospitals and diagnostic centers due to rising cases of diabetic ketoacidosis is driving the market growth. The increasing risk of hypoglycemia and hyperglycemia due to sedentary lifestyles, led by the young population, is expected to contribute to the market growth in the coming years.

In addition, the increasing health awareness among the population, coupled with the rapid development of diagnostic centers, is likely to give impetus to the market in the forecast period. Geographically, North America has a significant share of the market due to rising healthcare spending and growing geriatric populations in the United States of America and Canada.

B-Hydroxybutyrate (Ketone Bodies) Assay Kits Industry Definition and Major Segments

B-Hydroxybutyrate (ketone bodies) test kits are defined as types of diagnostic kits used to measure levels of B-hydroxybutyrate in plasma/serum. The working principle of these kits is based on the cyclic reaction in which NAD+ is reduced to NADH.

Additionally, these B-Hydroxybutyrate (Ketone Bodies) test kits are reliable, accurate, and provide a precise diagnosis of various health-related issues.

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The assay types can be categorized as follows:

• Fluorometric assay
• Colorimetric assays

These kits are used in the following areas:

• Diabetes
• Salicylate poisoning
• Childhood hypoglycaemia
• Congenital metabolic disorders
• Other

These array kits find end uses in:

• Hospitals and clinics
• Outpatient surgical centers
• Pathological Laboratories
• Diagnostic centers
• Other

The main regions in the market are:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

B-Hydroxybutyrate (Ketone Bodies) Assay Kits Market Trends

The major trends in the global B-Hydroxybutyrate (Ketone Bodies) Assay Kits Market include the technological advancements in the healthcare industry in emerging markets. The favorable government measures and initiatives aimed at strengthening the overall health of the population are expected to stimulate the market over the forecast period.

Moreover, the growing R&D activities by the key market players to reduce the cost of B-Hydroxybutyrate (Ketone Bodies) Point-of-Care Assay Kits are likely to be the supporting trends of the market in the future. Therefore, these developments are likely to offer lucrative opportunities to the market.

Important market participants

Top Listed Manufacturers for Global B-Hydroxybutyrate (Ketone Bodies) Assay Kits Market are:

  • Abcam plc.
  • Cell Biolabs Inc.
  • BioAssay Systems and AAT Bioquest, Inc.
  • Other

The report covers the market shares, capacities, asset turnover, expansions, investments and mergers and acquisitions among other latest developments of these market players.

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