rinalysis Test Market Key players-Dahaner (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Bio-Rad Laboratories, Inc. (U.S.) and Siemens AG (U.S.) Forecast 2018-2023

Urinalysis Test Market Information: By Product (Instruments, Consumables), Test Type (Macroscopic Urinalysis, Biochemical Urinalysis), Application (Disease Diagnosis, Pregnancy Tests), End User (Hospitals, Physician Practices) - Global Forecast Till 2023

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Intended Audience

Medical Device Manufacturers
Medical Device Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors

Market Synopsis of the Global Urinalysis test Market

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.

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.

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

The global urinalysis test market is expected to grow at a CAGR of 6.3% during the forecast period.

Segments

The global urinalysis test market is segmented on the basis of product type, test type, application, and end user.

On the basis of product type, the market is segmented into instruments and consumables. The instruments type includes urine chemistry analyzer such as automatic urine analyzers and semi-automatic urine analyzers, automated urine sediment analyzers, point-of-care devices, and strip analyzer. The consumables are further segmented into plastic consumables, test strips, and chemical agents.

On the basis of test type, the market is segmented into macroscopic urinalysis, biochemical urinalysis, and sediments/microscopic urinalysis.

On the basis of application, the market is segmented into disease diagnosis including the diagnosis of diseases such as kidney disease, liver disease, diabetes, pregnancy tests, and others.

On the basis of end users, the market is segmented into hospitals, independent laboratories, and physician practices.

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Regional Analysis of the Global Urinalysis Test Market

The Americas is the largest market for urinalysis test owing to the rising demand for automated urine analyzers, technological advancement, and rising prevalence of kidney and liver diseases. In North America, the U.S. holds the largest share of the global market owing to the concentration of the major players manufacturing urine analyzers and consumables across the globe.

Europe is the second largest market for urinalysis test, which is expected to grow continuously at the steady growth rate in the near future due to increased prevalence of chronic diseases such as diabetes, availability of cost-effective treatments, and growth in the government funding for research and development activities. 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 in this region.

In Asia Pacific, the market is expected grow at a fastest rate owing to an increasing prevalence of chronic disease such as diabetes, kidney diseases, and others, changing lifestyle, and rising demand for urine analyzers by the healthcare providers. Furthermore, diabetes is one of major the health problems among the geriatric population.

The Middle East & Africa also shows a steady rise in the market owing to rising demand for diagnostic solutions and point of care testing devices.

Key Findings:

Consumables segment accounted for the largest market share in 2016
The global urinalysis test market by test type is expected to reach USD 698.85 million by 2023
Sediments/microscopic urinalysis is the fastest growing segment, which is projected to grow at a CAGR of 7.13% % during the forecast period of 2017-2023
Pregnancy tests segment accounted for the largest market share in 2016
American region captures the major market share and is expected to reach USD 594.21 million by 2023

Key Players in the Global Urinalysis Test Market

Some of the key players in this 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.).

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