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Urinalysis Market worth $5.7 billion by 2027
Urinalysis Market
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The consumables segment accounted for the largest share of the urinalysis market, by product segment, in 2021
Based on product, the urinalysis market is segmented into consumables and instruments. The consumables segment accounted for the largest share of the urinalysis market, mainly due to the growth of POC diagnostics products market, advancing diagnosis technologies with efficient and rapid results and increased emerging opportunities.
The pregnancy & fertility tests segment accounted for the largest share of the urinalysis market, by test type segment, in 2021
Based on test type, the urinalysis market is segmented into pregnancy & fertility tests, biochemical tests and sediment urinalysis. The pregnancy & fertility tests segment accounted for the largest share of the urinalysis market, mainly due to the growth of public awareness about early pregnancy detection and increased R&D investments in healthcare.
The diseases screening segment accounted for the largest share of the urinalysis market, by application segment, in 2021
Based on application, the urinalysis market is segmented into disease screening and pregnancy & fertility tests. The disease screening segment accounted for the largest share of the urinalysis market, mainly due to the technological advancements in urine analyzers, increased focus on preventive care and increased funding for diagnostic research.
Diagnostic laboratories segment to register the highest growth rate during the forecast period
The urinalysis market is segmented into diagnostic laboratories, hospitals & clinics, home care settings and research laboratories and institutes based on end user. In 2021, the diagnostic laboratories segment accounted for the largest share of the urinalysis market. The large share of this segment can mainly be attributed to the increased investment in the biotech and pharmaceutical industry, increased R&D in the POC diagnostic segment.
North America is the largest regional market for urinalysis market
The global urinalysis market is segmented into five major regions-North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest regional market for urinalysis market in 2021. The large share of North America in this market can be attributed to the government's support for research in the region, increased government funsing for the development of preventive care diagnostics.
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Urinalysis Market Dynamics:
Drivers:
Increasing burden of UTIs, diabetes, and liver & kidney diseases to impact market
Rising geriatric population and age-associated diseases to fuel market growth
Increasing adoption of POC urine diagnostic tests to drive market
Innovations in Urinalysis
Restraints:
Availability of refurbished urine analyzers to pose challenges for market
High capital investments and lack of skilled laboratory technicians to restrain market growth
Opportunities:
Increasing investments in healthcare and life sciences to fuel growth in emerging markets
Technological advancements in urine analyzers to augment market growth
Increasing government initiatives and funding for preventive care to provide growth opportunities
Challenges:
Changing regulatory landscape to challenge market growth
Key Market Players:
The major players operating in urinalysis market are Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Cardinal Health, Inc. (US), Abbott Laboratories (US), Danaher Corporation (US), Sysmex Corporation (Japan), Thermo Fisher Scientific, Inc. (US), Quidel Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US) and EKF Diagnostics (UK).
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A urinalysis is a test that measures elements found in urine, such as electrolytes, hormones, or waste products of metabolism. It is also called urine test and involves a number of tests to detect and measure various compounds that pass through the urine. This examination can help find problems that need treatment, including infections or kidney problems. A urine test includes three parts namely, visual exam, microscopic exam, and dipstick…
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A urinalysis is a test that measures elements found in urine, such as electrolytes, hormones, or waste products of metabolism. It is also called urine test and involves a number of tests to detect and measure various compounds that pass through the urine. This examination can help find problems that need treatment, including infections or kidney problems. A urine test includes three parts namely, visual exam, microscopic exam, and dipstick…
