The global urinalysis market was valued at USD 3.4 billion in 2021 and it is anticipated to grow up to USD 6.2 billion by 2031, at a CAGR of 6.2% during the forecast period.
Global urinalysis report from Global Insight Services is the single authoritative source of intelligence on urinalysis market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Major Players in the Global Urinalysis Market
The key players in the market are Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Cardinal Health, Inc. (US), Abbott Laboratories (US), Danaher Corporation (US), Sysmex Corporation (Japan), Quidel Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US), EKF Diagnostics (UK), Thermo Fisher Scientific Inc. (US), among others.
Global Urinalysis Market Segmental Overview
The report analyses the Global urinalysis market based on product, application, end-use, and region.
Global Urinalysis Market by Product
Based on product, it is segmented into consumables and instruments. Consumables are further bifurcated into reagents, dipsticks, and disposables. Instruments is subclassified into biochemical urine analyzer and automated urine sediment analyzers. The urinalysis instruments is expected to foresee significant growth from 2022 to 2028 due to the increasing preference by healthcare professionals for automated urine analyzers.
Global Urinalysis Market by Application
Based on application, it is segmented into urinary tract infection, kidney diseases, pregnancy, diabetes, and others. The urinary tract infections (UTI) segment is likely to dominate the market during the forecast period due to increasing incidence rate of urinary tract infections in developed and developing nations. For instance, according to the National Kidney Foundation, the UTIs lead to approximately 10 million physician visits each year in the U.S. and are highly prevalent among women.
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Market Trends and Drivers
The growing geriatric population in developed and developing countries is anticipated to boost the market demand. The increasing prevalence of diabetes, liver, and renal diseases with aging will significantly contribute to the demand for urine tests in diagnosis. Incidence of such chronic conditions among elderly population lead to higher frequency of prescriptions for tests like creatinine, albumin, glucose, ketones, and bilirubin among others. According to the World Health Organization, the number of people aged 60 years and over is estimated to increase from 1 billion in 2020 to 1.4 billion by 2030. With increasing base of this age group, the industry is estimated to foresee tremendous growth. Additionally, higher risk of chronic kidney conditions with structural and functional changes in organs with aging will favour the testing volume.
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