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The global B-hydroxybutyrate (ketone body) assay kits market is expected to grow at a CAGR of 5.90% in the forecast period of 2024-2032.
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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.
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 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.
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The major assay types of B-hydroxybutyrate (ketone body) assay kits are:
The applications of B-hydroxybutyrate (ketone body) assay kits include:
Based on end use, the industry is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
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 | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Assay Type |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global B-hydroxybutyrate (ketone body) assay kits market is expected to grow at a CAGR of 5.90% between 2024 and 2032.
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.
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+1-415-325-5166
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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