Pune, India -- (SBWire) -- 06/01/2018 --A urinalysis is a test of your urine. A urinalysis is used to detect and manage a wide range of disorders, such as urinary tract infections, kidney disease and diabetes. The urinalysis test is a method to detect wide range of disorders like urinary infection, kidney diseases, and diabetes in the urine. It is a convenient and effective method to analyze urine sample to detect diabetes, urinary tract infection, and kidney diseases.
Market Analysis
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. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers and Restraints:
- Technological advancement
- Increasing healthcare expenditure
- Rising prevalence of urinary tract infections
- Rising prevalence of kidney diseases
- Rising geriatric population
Global Market Segmentation Urinalysis 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 application the market is segmented into
- diabetes,
- urinary tract infection (UTI),
- kidney disease,
- liver disease
On the basis of end user the market is segmented into
- hospitals,
- diagnostic labs,
- home healthcare setting
On the basis of geography, urinalysis market report covers data points for 28 countries across multiple geographies such as
- 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.
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Competitive Analysis: Global Urinalysis Market
Urinalysis market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Frequently Asked Questions?
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Urinalysis Market?
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Major Market Competitors: Global Urinalysis Market
Some of the major players operating in urinalysis test market are
- Beckman Coulter, Inc.,
- Siemens AG,
- Sysmex Corporation,
- Hoffmann-La Roche Ltd,
- ARKRAY, Inc.,
- Bio-Rad Laboratories, Inc.,
- URIT Medical,
- Tecodiagnostics
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