Urinalysis Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027
The new report by Expert Market Research titled, ‘Global Urinalysis Market Analysis, Share, Growth, Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the global urinalysis market, assessing the market based on its segments like products, applications, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2020): Approximately USD 1.9 billion
- Forecast CAGR (2022-2027): 8%
The growing elderly population in developed and developing countries is driving the global market for urinalysis. The deskbound lifestyle among working individuals causes a health crisis among the public in many locations, driving the need for enhanced diagnostics, particularly urinalysis. As a result, increased public awareness of the importance of frequent health screenings is a major driver of market growth. The increased prevalence of chronic diseases and the adoption of point-of-care diagnostics are driving market expansion. Meanwhile, the quality of the healthcare infrastructure and the lack of some items may impede the growth. However, ongoing expansion activities by key players are estimated to tackle any such hurdles in the coming years.
Urinalysis Industry Definition and Major Segments
Urinalysis refers to a type of test performed to analyse urine samples, detect diseases related to kidney, urinary tract infection, and diabetes. The key motive of the test is to monitor health conditions. In addition, it is carried out as regular medical check-ups, pre-surgery preparation, or as a part of dope tests.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/urinalysis-market/requestsample
The major products of urinalysis are:
- Biochemical Urine Analyser
- Automated Urine Sediment Analysers
- Biochemical Urine Analyser
The market can be segregated based on its application segments into:
- Urinary Tract Infections (UTI)
- Kidney Diseases
- Liver Diseases
The end uses for urinalysis are:
- Clinical Laboratories
- Home Healthcare
- Research and Academics
The regional markets for urinalysis include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Urinalysis Market Trends
Due to the higher frequency of chronic kidney disease and the growing geriatric population, North America is the significant region for urinalysis. Meanwhile, due to a high penetration rate of enhanced urine analysers and the presence of emerging manufacturers, the Asia Pacific region is expected to rise rapidly. The usage of urinalysis for drug tests in organisations and at specific participatory events is becoming increasingly common, which is boosting the demand for the products. Another aspect boosting this sector is the rising prevalence of diabetes. The large volume of procedures linked with these establishments, and different technological advancements in the product, are propelling the market forward.
Key Market Players
The key players in the market are Sysmex Corporation, Abbott Laboratories, ACON Laboratories Inc., Bio-Rad Laboratories Inc., and ARKRAY Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Supply Chain Management Software Market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: James Rowan, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA