Press release
Global Urinalysis Market Competitive landscape and key vendors are Beckman Coulter, Siemens, Sysmex Corporation, Sysmex America, Inc., ARKRAY,Inc., Bio-Rad Laboratories, Teco Diagnostics
This market report offers a comprehensive overview of the Urinalysis market considering all the trends, market dynamics, and competitive scenarios. Also, the Urinalysis market report is comprised of a brief overview of the market focusing on definitions, market segmentation, end-user applications and value chain analysis. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement globally With Expanding Future Business Scope. The Urinalysis market also presents vital statistics on the condition of the industry and is a valuable source of guidance for clients and other businesses interested in the market.The urinalysis market accounted to USD 1.25 billion in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024.
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Some of the Prominent vendors operating in urinalysis market are Beckman Coulter, Inc., Siemens AG, Sysmex Corporation, F. Hoffmann-La Roche Ltd, ARKRAY, Inc., Bio-Rad Laboratories, Inc., URIT Medical, Tecodiagnostics among others.
Market Segments
On the basis of application the market is segmented into
• diabetes,
• urinary tract infection (UTI),
• kidney disease,
• liver disease
On the basis of geography
• North America & South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
On the basis of product type the urinalysis market is segmented into
• instruments and
• consumables
The instruments urinalysis market is further sub segmented into
• biochemical urine analyzers and
• automated urine sediment analyzers
The consumables urinalysis market is further sub segmented into dipstick, reagent, analyzers and disposables.
On the basis of end user the market is segmented into
• hospitals,
• diagnostic labs,
• home healthcare setting
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Factors Driving Huge Growth in the Global Urinalysis Market
Increasing Geriatric Population
With increasing age, the body’s immune response stops responding and chances of getting bacterial infections or any diseases is very high. According to WHO, in 2015, the world geriatric population aged 60, was 900 Million and by 2050, it is expected to reach 2 billion. With growth in the geriatric population, the urinalysis market is also growing as the chances of getting bacterial infection or UTI infection is more in the elder population.
Increasing Prevalence of Urinary tract Infection and Kidney Disease
Urinary tract infection is the most common infection of kidney which is diagnosed by urinalysis test. Febrile UTI is the most common UTI infection that occurs in Childhood. Around 1 in 10 girls and 1 in 30 boys develop UTI by the age of 16. Boys have higher incidence rate of UTI infection while girls have higher incidence rate of recurrent UTI infection. At the age of 7 around 3% girls and 1% boys develop upper UTI infection. Urinalysis market is booming because of the increase in prevalence of urinary tract infection and kidney diseases.
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Important highlights covered in the global urinalysis market
• Key points related to the focus on urinalysis market like product definition, variety of application, Revenue and demand and supply statistics
• Analysis of the various growth opportunities in the urinalysis market for stakeholders and to provide details of competitive landscape for significant players
• Competitive study of the top Vendors operating in the market space along with analyzing the latest trends and strategies used by various Companies.
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the urinalysis industry across various geographies such as the North America Europe, Asia-Pacific, South America and Middle East & Africa.
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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