Increasing awareness among patients, technological advancements in the sector of urine analysis, and growing geriatric population have been pivotal in dictating the growth of the urinalysis market. Moreover, increasing prevalence and incidences of kidney disorders, chronic disorders coupled with increasing expenditures on healthcare is anticipated to present a lucrative growth opportunity of growth for the global urinalysis market between 2019 and 2030. Furthermore, various market players have extensively focused on collaborating with several educational and research institutes, organizations and societies to amplify R&D activities and meet the overall demands of the healthcare industry. For instance, Shenzhen University Health Science Center’s Nephrology and Urology Center announced collaborations with Innovation Center China of AstraZeneca in Shanghai to conduct several preclinical researches on chronic kidney diseases (CKD).
Market Industry Reports (MIR) has published a new report titled “Urinalysis Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global urinalysis market is estimated to be over US$ 1.4 Bn in 2017. It is anticipated to grow at a CAGR of 6.3% from 2019 to 2030.
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Some of the prominent players in the Urinalysis Market include:
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., Mindray Medical International Limited (Shenzhen Mindray Bio-Medical Electronics Co.,), and URIT Medical
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.
The Urinalysis Market is segmented on the basis of Product, Modality, Cancer Type, End-Users and region.
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)
Research Approach
As a standard protocol at MIR, all research assignments go through the following rigorous processes.
- Secondary Research
- Primary Research
- Market Size Estimation & Forecasting
- Data Validation & Triangulation
- Report Generation
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
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