Jul 22 in General discussion
Urinalysis Market Size, Share, Scope, Demand and Forecast
"The report ""Urinalysis Market by Product (Consumables (Pregnancy & Fertility Kits, Dipsticks, Disposable, Reagents), Instruments (Automated, Semi-automated, PoC Analyzers)), Test Type (Biochemical, Sediment), Application (UTI, Diabetes) - Global Forecast to 2029"", is valued at an estimated USD 4.3 billion in 2024 and is projected to reach USD 6.8 billion by 2029 at a CAGR of 9.6% during the forecast period.
Browse 483 market data Tables and 49 Figures spread through 390 Pages and in-depth TOC on ""Urinalysis Market by Product (Consumables (Pregnancy & Fertility Kits, Dipsticks, Disposable, Reagents), Instruments (Automated, Semi-automated, PoC Analyzers)), Test Type (Biochemical, Sediment), Application (UTI, Diabetes) - Global Forecast to 2029""
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There is a growing need for efficient and accurate diagnostic methods such as urinalysis to facilitate early detection, monitoring, and management of health conditions such as urinary tract infections (UTIs), diabetes, liver diseases, kidney diseases, and bladder cancer. As the burden of these diseases continues to grow, the urinalysis market is poised for sustained expansion to meet the evolving needs of patients and healthcare providers alike. However, the availability of refurbished urine analyzers may restrain market growth to a certain extent.
In 2023, the consumables segment held the largest share of the urinalysis market by product segment.
Based on product, the urinalysis market is segmented into consumables and instruments. The consumables segment dominated the urinalysis market in 2023 due to its recurrent purchase requirement. Consumables such as kits, test strips, reagents, and disposables are used in every urinalysis test, making their demand continuous and high. Each test requires fresh consumables, driving their recurrent use across various settings.
The pregnancy & fertility tests segment held the largest share of the urinalysis market by test type segment in 2023.
Based on test type, the urinalysis market is segmented into biochemical tests, sediment urinalysis, and pregnancy & fertility tests. In 2023, largest share of the urinalysis market was held by the pregnancy & fertility tests segment. Technological advancements have enhanced the accuracy, ease of use, and speed of these tests, making them more reliable and user-friendly. The competitive landscape, marked by continuous investment in R&D by key players, drives innovation and market expansion, while regulatory standards ensure safety and efficacy, instilling consumer confidence.
North America is the largest regional market for urinalysis market.
The market for urinalysis has been divided into six key geographical regions, namely North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and GCC countries. In 2023, North America held the predominant portion of the urinalysis market. The region boasts a well-developed healthcare infrastructure, including advanced diagnostic facilities, and a skilled workforce. This infrastructure supports the integration of urinalysis into routine clinical practice, facilitating access for patients across various healthcare settings. The region has a high adoption rate of cutting-edge medical technologies, including sophisticated urinalysis equipment. These advancements improve diagnostic accuracy and efficiency, making urinalysis a preferred diagnostic tool in many healthcare settings. Also, North America has a high prevalence of chronic diseases such as diabetes and kidney disorders, which require regular monitoring through urinalysis.
The major players operating in this market are Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Cardinal Health (US), Abbott (US), Danaher (US), Sysmex Corporation (Japan), Thermo Fisher Scientific Inc. (US), QuidelOrtho Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US), EKF Diagnostics Holdings plc (UK), ARKRAY, Inc. (Japan), ACON Laboratories, Inc. (US), 77 Elektronika Kft. (Hungary), URIT Medical Electronic Co., Ltd. (China), DIRUI INDUSTRIAL CO., LTD. (China), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), BIOBASE Group (China), Erba Mannheim (UK), Alphatec Scientific E.I.R.L. (Peru), Teco Diagnostics (US), Analyticon Biotechnologies GmbH (Germany), Bioway Biological Technology Co., Ltd. (China), High Technology, Inc. (US), Agappe Diagnostics Ltd. (India), TOYOBO CO., LTD. (Japan), DIALAB GmbH (Austria), Quantimetrix (US), BioCare Corporation (Taiwan), Randox Laboratories Ltd. (Ireland), PZ Cormay S.A. (Poland), YD Diagnostics (South Korea), CONTEC MEDICAL SYSTEMS CO., LTD. (China), and Biopanda Reagents Ltd. (UK).
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Urinalysis Market Size, Share, Scope, Demand and Forecast
