Facts & Factors Predicts that by 2026 the Size of the Urinary Tract Infection Diagnosis Market Will Reach USD 2,000 Million
According to Facts and Factors, the global Urinary Tract Infection Diagnosis market in 2019 was approximately USD 1,5000 Million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 2,000 Million by 2026.
Urinary tract infection (UTI) is an infection of any part of the urinary system. Most infections occur in the lower urinary tract such as bladder and urethra. Most of this type of infection occurs due to pathogens including fungi, gram-positive bacteria and gram-negative, while but some are caused by viruses. Several tests are conducted in terms of UTI namely ultrasound, urinalysis, cystoscopy, intravenous pyelogram, and others. End-users of UTI involve hospitals, diagnostic laboratories, and others.
Several factors such as women being more prone to UTI risk than males as women have shorter urethras. The infection-causing organisms to enter the urethra and travel up to the bladder and the kidneys. In addition, the rise in the geriatric population has been augmenting the target market growth. Moreover, elderly people are more likely to face chronic disorders such as diabetes. Furthermore, diabetic patients are more at risk of urinary tract infection. However, the lack of skilled professionals in terms of urinary tract infection diagnosis is expected to hamper the target market growth. Additionally, the high cost of urinary tract infection diagnosis is estimated to harm the target market growth as well. Nevertheless, a strategic collaboration by target market key players is projected to create growth opportunities over the forecast period.
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In terms of tests, the target market is categorized as ultrasound, urinalysis, cystoscopy, intravenous pyelogram, and others. Among these, urinalysis is the leading category as it is a very basic type of UTI diagnosis. Hence, the majority of the population opts for urinalysis as a primary diagnostic method.
In terms of end-user, the target market is categorized as hospitals, diagnostic laboratories, and others. Among these, diagnostic laboratories are the dominating one. Growing funding private organizations coupled with rising awareness associated with UTI as well as from the government has surged the diagnostic laboratories category.
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In terms of region, the target market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America is anticipated to be the leading one owing to the presence of highly advanced research technologies. In addition, the early introduction of upgraded and updated technologies in the region has surged the target market growth. Moreover, the rise in research activities has been augmenting the target market in the region as well.
Some of the key players operating in the target market are Cardinal Health, Sysmex Corporation, Thermo FisherScientific, Bio-RadLaboratories, Inc., Abbott, BeckmanCoulter, Inc., F.Hoffmann-La Roche Ltd, QIAGEN, Arkray, Inc., and Siemens Healthineers, and others.
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This report segments the Urinary Tract Infection Diagnosis market as follows:
Global Urinary Tract Infection Diagnosis Market: By Test Segmentation Analysis
- Intravenous Pyelogram
Global Urinary Tract Infection Diagnosis Market: By End-User Segmentation Analysis
- Diagnostic Laboratories
Global Urinary Tract Infection Diagnosis Market: Regional Segmentation Analysis
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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