Global urinalysis market is registering a substantial CAGR of 7.98% in the forecast period of 2019-2026. This rise in the market value can be attributed to the rising incidences of urinary tract infections and kidney diseases.
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Urinalysis report has been formulated by keeping in mind all the vital aspects of the market research that simply brings market landscape into focus. CAGR value fluctuation percentage for market, during the forecast period of 2019-2026 can also be obtained with the Urinalysis market report. The scope of this Urinalysis market research report can be described in terms of industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment. Full devotion, commitment, resilience accompanied with integrated approaches is highly considered to structure this Urinalysis market research report.
Few of the major market competitors currently working in the global urinalysis market are Abbott, Medtronic, Siemens, GENERAL ELECTRIC, BD, Thermo Fisher Scientific, 77 Elektronika Kft, Bio-Rad Laboratories Inc., Sysmex Corporation, F. Hoffmann-La Roche Ltd, Cardinal Health, Beckman Coulter Inc., ACON Laboratories Inc., ARKRAY Inc ., Penn Medicine Lancaster General Health, GUILIN YOULITE ELECTRONICS GROUP CO. LTD ., BioMaxima SA, Quidel Corporation, Metropolis India, Dr Lal PathLabs and Trinity Biotech among others.
Key Developments in the Market:
- In January 2019, Bio-Rad Laboratories Inc., had launched qUAntify Advance Control for the urinalysis testing. It will ensure the quality and precision of the test procedures. This product launch had improved the effectiveness of the test being conducted as well as improved the customer base for the company.
- In June 2018, Healthy.io introduced Dip.io, which is a digital test kit that allows patients to gather and evaluate urine testers with just a smartphone app at home, color-coded slide, a dip stick, a and a touch of artificial intelligence. This launch and advancement in technology will increase company’s revenue.
Some of the factors accelerating the market growth are:
- Rising prevalence of urinary tract infections: Urinary tract infection is an infection which usually occurs in kidney, bladder, urethra and ureters. This UTI develop more in women as compared to the men. Most of the doctor recommends different antibiotics to treat this problem. This infection mainly occur when the bacteria enters the urinary tract via urethra and get expanded in the bladder. According to World Health Organization, 50% of women report UTI in some point of their lifetime. This is the reason which is increasing the urinalysis market
- Rising prevalence of kidney diseases: Kidney disease occur when the kidney gets damaged and doesn’t function properly. The main function of the kidney is to remove the water and waste from the body and to maintain blood pressure, keep chemical balance, make bones strong and to create red blood cells. People who have problems such as high blood pressure, heart disease, diabetes, and other are at high risk of facing kidney disease. Nausea, sleep problems, weakness, loss of appetite, chest pain, muscle cramp and others are some of the common symptoms of the kidney disease. Increasing cases of diabetes and blood pressure among population is the factor due to which is there is increase in the kidney disease
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Segmentation: Global Urinalysis Market
- Product Type: Instruments, Consumables
- Instruments: Biochemical Urine Analyzers, Automated Urine Sediment Analyzers
- Consumables: Dipstick, Reagent, Analyzers, Disposables
- Application: Diabetes, UTI, Kidney Disease, Liver Disease, Others
- End User: Hospitals, Diagnostic Labs, Home Healthcare Setting, Others
- Geography: North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa
Other important Urinalysis Market data available in this report:
- Market share and year-over-year growth of key players in promising regions
- Emerging opportunities, competitive landscape, revenue and share of main manufacturers.
- Key performing regions (APAC, EMEA, Americas) along with their sub-regions are detailed in this report.
- Strategic recommendations, forecast & growth areas of the Urinalysis Market.
- This report discusses the market summary, market scope& gives a brief outline of the Urinalysis Market
- Challenges for the new entrants, trends & market drivers.
- Competitive developments such as expansions, agreements, new product launches & acquisitions.
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