New York, NY -- (SBWire) -- 05/06/2019 --The latest industry intelligence report on the Urinalysis Market performs a cautious examination of the current business environment and competitive landscape of the Urinalysis Market for the forecast period, 2019 - 2030. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.
Urinalysis involves medical and clinical tests that are performed on urine. These tests help to identify and manage a wide spectrum of disorders such as diabetes, UTIs or urinary tract infections and other such conditions. Analyzing the urine includes examining numerous parameters like the content, the appearance and the concentration of the sample.
A certain diversion or abnormality in the test may point to an infection, a disease or an illness. The fundamental function of the urinary tract is to filter waste and control the balance electrolytes, water, proteins, acids, and other substances in the body. The urinary tract includes the bladder, the ureter, the kidneys and the urethra. Any small damage, impairment or change in any part of this system will also alter the volume or chemical composition of the urine. A urinalysis helps to assess any change but cannot be used to diagnose a patient. This means that the test cannot pin point the cause of the disease but it can be helpful in suggesting the nature of the disease and it can also help in supporting a certain diagnosis.
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High Costs of Urinalysis Products to Restrain the Market
High costs associated with urinalysis products are one of the major factors affecting the growth of the urinalysis market. Availability of alternate affordable and cheaper urine analysis testing kits associated with urinalysis products is anticipated to be one of the major hindrances in the growth of the global urinalysis market. Lack of treatment in underprivileged regions and population with low income groups face consequential outcomes related to kidney disorders. This leads to millions of deaths every year all across the globe.
Increasing Geriatric Population
The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global urinalysis market in the coming times. Since, the utilization of urinalysis products for assisting treatment and facilitating faster recovery among aged population is enormously crucial.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Urinalysis Market by Product Type (Instruments and Consumables), Test Type (Sediment Urinalysis, Biochemical Urinalysis), Application (Pregnancy Tests, Disease Diagnostics) End User (Hospitals and Clinical Laboratories, Research Laboratories and Institutes, Diagnostics Laboratories, Home Care Settings) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents: https://www.marketindustryreports.com/31/urinalysis-market
Key Topics Covered:
1. GLOBAL URINALYSIS MARKET - ANALYSIS & FORECAST, BY END USER
1.1. Introduction
1.2. Hospitals And Clinical Laboratories
1.3. Research Laboratories And Institutes
1.4. Diagnostics Laboratories
1.5. Home Care Settings
2. COMPANY PROFILES (Business Overview, Types/Services Offered, Financial Performance, R&D Intensity,Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
3. Siemens Healthcare Private Limited
4. Roche Diagnostics (A Division of F. Hoffmann-La Roche Ltd.)
5. Beckman Coulter, Inc.
6. Sysmex Corporation
7. ARKRAY, Inc.
8. ACON Laboratories, Inc.
9. Bio-Rad Laboratories, Inc.
10. Elektronika Kft
11. Mindray Medical International Limited (Shenzhen Mindray Bio-Medical Electronics Co.,)
12. URIT Medical (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
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Global Urinalysis Market Emergent Technology Trends by 2030: Top Players Beckman Coulter, ARKRAY
The Top key players in Urinalysis Market are Siemens Healthcare Private Limited, Roche Diagnostics (A Division of F. Hoffmann-La Roche Ltd.), Beckman Coulter, Inc., Sysmex Corporation, ARKRAY, Inc., ACON Laboratories, Inc., Bio-Rad Laboratories, Inc., Elektronika Kft.,etc.