Over the forecast period of 2018-2027, the alkaline phosphatase kits market is predicted to grow at a slow pace. Alkaline phosphatase kits have become a common diagnostic tool in the medical community due to its capacity to aid in the identification and prognosis of a wide range of disorders. As a result of this aspect, the medical sector accounted for 59.8% of the market share in 2018.
Because of the significant cost gap between pack sizes 501-1000 and a minor value differential with pack sizes up to 100, demand for alkaline phosphatase kits with pack sizes ranging from 101-500 has remained high. In 2018, the cost difference between alkaline phosphate kits with pack sizes of 100 and below and pack sizes ranging from 501 to 1000 was over US $700, while the cost difference between the latter and alkaline phosphate kits with pack sizes of 100 and below was under US $110.
Growing Adoption in Healthcare Diagnostics Creating Opportunities
The presence of alkaline phosphates in human serum and other physiological fluids can indicate a range of potential health problems. Alkaline phosphatase levels that are too high have been connected to liver, gallbladder, pancreatic, intestinal, and other severe infections.
Doctors use the level of alkaline phosphatase in a patient’s blood to diagnose illnesses such hepatitis, cirrhosis, cholecystitis, and bile duct blockage. Levels of alkaline phosphatase are also linked to liver and bile duct cancer. Alkaline phosphatase kits are essential for detecting abnormalities and paving the way for the appropriate treatment in each situation.
‘101-500’ Pack Size Remains the Bestseller Due to Relative Affordability
Alkaline phosphate kits, which come in pack sizes ranging from 101 to 500, are the most popular choice among end-users because to their relative price. Because the price difference between pack sizes of over 500 and kits with sizes ranging from 101 to 500 is large, the latter is a more affordable option.
Furthermore, when stored in the conditions recommended by the makers, the reagents used in the alkaline phosphatase kit are stable for a year and must be replaced annually.
As a result, many businesses benefit from the convenience of alkaline phosphatase kits in pack sizes ranging from 101 to 500.
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