Urinalysis Market to be Dominated by the pregnancy & fertility tests segment by 2028
Rising cases of urinary tract infections and increased
research and development for diagnosis is expected to drive Global Urinalysis
Market in the forecast period, 2024-2028.
According to TechSci Research report, “Urinalysis
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”,
the Global Urinalysis Market is
anticipated to grow at a steady rate in the forecast period, 2024-2028. This
can be attributed to the rising prevalence of kidney disease, diabetes, and
urinary tract infections.
Increasing prevalence of Chronic kidney disease
globally is increasing the demand for improved diagnosis and treatments (including
urine examinations) and research worldwide. For instance, according to the Centers
for Disease Control and Prevention report, in United States kidney disease is the
leading cause of death with approximately 37 million US adults suffering from
chronic kidney disease (including the underdiagnosed patients). Moreover, the
burden of diabetes and high blood pressure is highest cause leading to kidney
failure in the country.
Meanwhile, other factors such as,
growing focus on disease screening and increasing government investments and
awareness for disease diagnosis are anticipated to bolster the market growth in
the forecast period.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "Urinalysis Market.”
Based on Product,
the market is segmented into consumables and instruments. The consumables product
segment dominated the market in 2022 and is expected to hold the highest share
in the forecast period. This is on account of increasing investment regarding
the development of new diagnostic products, growing need for disease diagnosis
along with the rising consumer awareness about rapid diagnostic techniques such
as availability of urine test strips and kits, etc.
Based on the test type, the market is
segmented into pregnancy & fertility tests, biochemical urinalysis, and
sediment urinalysis. The pregnancy & fertility tests segment dominated in
2022 and is expected to hold the largest share in the forecast period. This is
due to increased demand of urinalysis during pregnancy for the diagnosis of
increased blood sugar leading to a risk of gestational diabetes. Also, pregnancy
tests look for human chorionic gonadotropin (hCG), a special hormone that
manifests in a woman's body during pregnancy. These examinations can detect hCG
in the blood or urine. Pregnancy urine tests are easy to take at home at a
reasonable price. So, the increasing demand for pregnancy test kits can add to
the segmental growth in the forecast period.
Moreover, growing chronic disease
prevalence, rise in investment in the healthcare industry and infrastructure along
with the rise in sedentary lifestyle leading to increased risk of disease and need
for diagnosis are factors that are expected to add support to the market growth
to bolster the Global Urinalysis Market demand in the forecast period.
Major companies operating in the Global
Urinalysis Market are:
- F. Hoffmann-La Roche Ltd.
- Siemens Healthineers AG.
- Abbott Laboratories
- Cardinal Health Inc.
- Danaher Corporation
- Sysmex Corporation
- Quidel Corporation
- Becton, Dickinson & Company
- Bio-Rad Laboratories Inc.
- EKF Diagnostics
Companies operating in the market are following strategies such as continuously
innovating tools to improve image quality and create specialized clinical tools
to help the patients see more anatomical detail with greater certainty,
enabling them to provide the best possible patient care, to stay competitive
and have an edge over other players operating in the industry.
Download Free Sample Report
Customers
can also request for 10% free customization on this report.
“North America region is expected to dominate the Urinalysis Market attributed
on account of rising numbers of diabetes and chronic kidney diseases in the
region. Besides, the government investments, schemes regarding development, and approval of diagnostic tests for
prevention and care is further expected to support the market growth in the
region.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
Urinalysis Market - “Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2018-2028. Segmented By Product
(Consumables & Instruments), By Test Type (Pregnancy & Fertility Tests,
Biochemical Urinalysis, and Sediment Urinalysis), By Application (Disease
Screening and Pregnancy & Fertility), By End user (Diagnostic Laboratories,
Hospitals & Clinics, Home Care Settings
and Research Laboratories & Institutes) , By Region and Competition”, has evaluated the future growth
potential of Urinalysis Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in global
urinalysis Market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com