Health & Safety Industry Today
Top 10 “Urinalysis Test Market” Players Analysis | By Test Type - Macroscopic and Biochemical Urinalysis | Ravishing Growth of 6.3% by 2023
The Global Urinalysis Test Market is expected to grow at a CAGR of 6.3% during the forecast period.
Major Players in the Market:
Some of the key players in the global market are Dahaner (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Bio-Rad Laboratories, Inc. (U.S.), Siemens AG (U.S.), ARKRAY, Inc. (Japan), Sysmex Corporation (Japan), and ACON Laboratories Inc. (U.S.).
Market Overview:
Urinalysis is a urine test to detect and manage disorders such as urinary tract infections (UTIs), liver disease, kidney disease, and diabetes. It is a non-invasive and cost-effective method of analysis. It involves checking the appearance, content, and concentration of urine. The test is mostly recommend during pregnancy checkup, routine examination, and pre-surgery preparation to detect any disease condition. In case of diabetes, urinalysis is used only for monitoring the glucose level and not for diagnosis.
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The market for urinalysis test is expected to show exponential growth owing to increasing demand for point of care testing devices, rising prevalence of chronic diseases, and developing technology in the field of diagnostics. Another factor contributing to the market growth is cost-effectiveness of the test and higher demand for urine automated urine analyzers.
Furthermore, the growth of the market is affected by the lack of trained professionals and stringent regulations governing the manufacturing and the sales of chemistry analyzers across the globe. The demand for urinalysis test is increasing with increasing prevalence of chronic diseases and demand for new point of care devices.
According to the world Health Organization (WHO), about 59% of the mortality across the globe is due to chronic diseases and almost 35 million people die of the chronic diseases
Regional Analysis:
The Americas is the largest urinalysis tests market across the globe owing to extensive use and demand for automated point-of-care testing devices, and rising prevalence of chronic kidney diseases (CKD). According to the National Chronic Kidney Diseases Report, CKD is common among adults in the U.S.
Europe is the second largest market and it is expected to show positive growth in the near future due to the increasing prevalence of Chronic Kidney Disease (CKD) and diabetes. As per American Society of Nephrology, the prevalence of CKD across the European countries is varied. According to the World Health Organization, about 60 million European have diabetes and the prevalence of diabetes is relatively high among people over 25 years.
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In Asia Pacific, the market is expected grow at the fastest rate owing to increasing prevalence of chronic disease such as diabetes, kidney diseases, and others. Furthermore, the demand for diagnostics services in this region is increasing with the increasing medical tourism. India is one of the international medical tourism destinations across the world, which further exhibits growth opportunities for the market due to availability of cost-effective treatment and rising success rates. Furthermore, the increasing healthcare expenditure in the developing countries of Asia Pacific also contributes to the market growth.
Brief TOC
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
4 Market Dynamics
LIST OF TABLES
Table 1 Primary Interviews
Table 2 Global Urinalysis Test Market, By Product Type, 2014-2023 (USD Million)
Table 3 Global Instruments Market, By Type, 2014-2023 (USD Million)
Table 4 Global Consumables Market, By Type, 2014-2023 (USD Million)
Table 5 Global Urinalysis Test Market for Instruments, By Region, 2014-2023 (USD Million)
Table 6 Global Urinalysis Test Market for Consumables, By Region, 2014-2023 (USD Million)
Table 7 Global Urinalysis Test Market, By Test Type, 2014-2023 (USD Million)
…TOC Continued
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