Press release
"Urinalysis Market to Reach USD 11.12 Billion by 2034, Expanding at a 9.5% CAGR"
The global urinalysis market size was valued at USD 4,475.81 million in 2024. It is anticipated to generate an estimated revenue of USD 11,117.34 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust CAGR of 9.5% over the forecasted timeframe, 2025-2034.
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Market Scope
Urinalysis is a series of tests that seek the appearance of the urine and blood cells, proteins, and other materials in it. The provider might utilize it as a practiced screening test or look for indications of contamination, kidney and liver illnesses, and diabetes or other health conditions. This often involves an account of the specimen's appearance, urine dipstick testing, and a microscopic exam.
This test is usually done as a preface to procedural medical exams, pregnancy check-ups, or pre-surgery readiness. It may also often be utilized to examine an assortment of illnesses, such as kidney or liver disease when one is admitted to a hospital. Also, a urinalysis can be asked for if there is abdominal pain, back pain, constant and painful urination, blood in the urine, and other urinary issues.
Market Drivers
Growing Cases of Chronic Illnesses: The growing cases of chronic illnesses such as diabetes, kidney disorders, and urinary tract infections detection notably push the market demand. For instance, the Centers for Disease Control and Prevention divulged that in 2020, roughly 34.1 million grown-ups in the US had diabetes, with a sizeable aggregate probability of kidney-connected intricacies. This, in turn, has a favorable impact on urinalysis market demand.
Technological Progressions: Progressions in diagnostic technologies have decidedly improved the efficacy and preciseness of urinalysis. The advancement of automated urine analyzers and point-of-care testing gadgets has streamlined diagnostic procedures, enabling speedy and dependable outcomes.
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Competitive Landscape
The top firms are massively funding research and development to initiate progressive automated analyzers and point-of-care testing solutions. The list of key companies profiled are:
ARKRAY, Inc.
Becton, Dickinson and Company (BD)
Bio-Rad Laboratories, Inc.
Cardinal Health, Inc.
Danaher Corporation
Eiken Chemical Co., Ltd.
EKF Diagnostics Holdings plc
F. Hoffmann-La Roche Ltd.
Quidel Corporation
Siemens Healthineers AG
Sysmex Corporation
Thermo Fisher Scientific Inc.
77 Elektronika Kft.
Urinalysis Industry Developments
December 2024 - Copan Diagnostics secured FDA approval for its innovative urine collection and transport device, UriSponge, designed with a unique preservative formulation to improve specimen stability during transport and storage.
August 2024 - Alpha Laboratories Ltd. entered into a strategic partnership with Clinical Design Technologies Ltd. to facilitate the marketing and distribution of the world's first digital closed urine testing system, enhancing efficiency and reducing contamination risks.
June 2024 - Community Health Center (CHC) Marwah introduced a digital urine and blood analyzer, aiming to revolutionize diagnostic workflows and boost accuracy in routine testing procedures.
Market Segmentation
By Product Outlook (Revenue USD Million, 2020-2034)
Instrument
Consumables
By Application Outlook (Revenue USD Million, 2020-2034)
Disease Screening
Fertility & Pregnancy Testing
Others
By End Use Outlook (Revenue USD Million, 2020-2034)
Hospitals
Clinical Laboratories
Home Care
Research and Academics
Others
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Geographical Landscape
The urinalysis market report offers detailed insights into the market landscape, which is further categorized into sub-regions and specific countries.
North America accounted for the largest market share in 2024 due to the progressive healthcare framework and elevated acquisition of inventive diagnostic technologies.
Asia Pacific is anticipated to witness significant growth in the coming years due to growing cases of chronic illnesses involving diabetes and kidney disorders, which require structured observation through urinalysis.
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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