Urinalysis Market to Garner USD 5.07 billion by 2029 and is growing with a CAGR of 6% During the forecast period of 2022 to 2029
The objective of the study is to define Urinalysis market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Moreover, the high quality Urinalysis marketing report gives out market potential for many regions across the globe based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. To present clients with the best market report service, commitment, quality, dedication, and transparency are all kept at the centre. For an estimated forecast period of 2022 to 2029, the report displays CAGR values for the Urinalysis industry which helps find out costing and investment values or strategies. Businesses can also achieve insights into profit growth and sustainability programme with Urinalysis market report. Hence, to stand apart from the crowd, businesses must adopt such market report in today’s fast moving business environment.
The consumables segment accounted for the largest share in the urinalysis market due to the frequent purchases of products due to their regular use. Data Bridge Market Research analyses that the urinalysis market is expected to grow at a CAGR of 6% during the forecast period of 2022 to 2029, at a USD 3.18 billion in 2021 and is further estimated to reach USD 5.07 billion by 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Some of the major players operating in the urinalysis market are:
Abbott (US), Siemens (Germany), BD (US), Thermo Fisher Scientific (US), 77 Elektronika Kft (Hungary), Bio-Rad Laboratories Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), Beckman Coulter Inc. (US), ACON Laboratories Inc. (US), ARKRAY Inc. (Japan), Trinity Biotech (Ireland), Quidel Corporation (US), ACON Laboratories Inc. (US), Sysmex Corporation (Japan), Analyticon Biotechnologies Ag (Germany), Ekf Diagnostics (UK), Hti Medical Inc. (US), Teco Diagnostics (US), Tenko Medical System Corp (US), Wama Diagnostica (Brazil)
Urinalysis Market Segmentation:
By Testing Type (Urine Biochemistry Testing and Urine Sediment Testing)
By Product (Instruments and Consumables)
By Modality (Portable, Standalone, Table Top, Bench Top, Others)
By Application (Urinary Tract Infections, Kidney Diseases, Diabetes, Liver Diseases, Pregnancy & Fertility and Others), End User (Hospital, Laboratory, Home Care Setting and Others)
By Distribution Channel (Direct Tender and Retail Sales)
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Urinalysis is the world’s oldest diagnostic test, and it has long been considered in laboratories as an essential and time-consuming technique that can offer clinicians with useful information. However, urinalysis is currently evolving in healthcare systems, thanks to a new generation of analyzers. Various non-invasive urine automated analyzers have been developed to provide quick and accurate test results.
Urinalysis is a common diagnostic procedure for determining the severity of a urinary tract infection. Furthermore, the urine culture aids in finding the specific bacteria and yeast that may be causing a urinary tract infection in the patient’s urine.
Urinalysis Market Dynamics
Rise in the aging population: As the senior population grows, the prevalence of age-related illnesses such as diabetes, liver disease, and renal disease is expected to climb considerably, accelerating the market’s expansion.
Rising cases of urinary tract infection: The increased prevalence of urinary tract infections (UTIs) in developing nations is one of the key factors driving the market forward. Urinary tract infections (UTIs) can progress to the kidneys and cause birth complications in pregnant women if left untreated, which is a key factor driving the market expansion.
Growing prevalence of chronic kidney diseases worldwide: Furthermore, the 13.3 million people who suffer from acute kidney injury (AKI) each year in the world are at risk of developing CKD or renal failure in the coming years, which is expected to fuel market expansion.
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Urinalysis Market Country Level Analysis
The report is mainly segmented into several key regions, with sales, revenue, market share and growth rate in these regions, covering:
U.S., Canada and Mexico in North America, Germany, France, U.K.
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
To provide an utter overview of the Urinalysis industry, Urinalysis market report covers various aspects of market analysis, product definition, market segmentation, key developments, and the existing vendor landscape. The report provides company profiling of key players in the Urinalysis industry, carefully analyzing their core competencies, and drawing a competitive landscape for the market. In this market research report, industry trends are plotted on macro level which helps clients and the businesses comprehend market place and possible future issues. A large scale Global Urinalysis Market report also studies company profiles with respect to company snapshot, geographical presence, product portfolio, and recent developments.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Urinalysis Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Urinalysis Market, underlining the growth rate and opportunities offered in the business.
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In August 2020, Sysmex America, Inc. has been granted exclusive rights in North America to distribute and service Siemens Healthineers’ CLINITEK Novus Automated Urine Analyzer for hospital and reference laboratory use.
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