The urinalysis market, study and overview by biochemical urinalysis, sediment urinalysis, and pregnancy & fertility tests. The pregnancy & fertility tests segment is estimated to account for the largest share of the urinalysis market in 2019 while the sediment urinalysis segment is estimated to witness the highest growth rate during the forecast period.
The global urinalysis market is projected to reach USD 4.6 billion by 2024 from USD 3.2 billion in 2019, at a CAGR of 7.6% from 2019 to 2024.
Urinalysis market, by test type, is classified into biochemical urinalysis and sediment urinalysis. Sediment urinalysis segment is further divided into microscopic urinalysis and flow cytometric urinalysis. North America, which includes the US & Canada, accounted for the largest share of the urinalysis market.
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Urinalysis market report forecasts revenue growth at global, regional, and country levels and provides an analysis on latest industry trends in each of sub-segments from 2019 to 2024. Sediment urinalysis segment is expected to witness highest growth in forecast period due to technological advancements.
“Pregnancy and fertility tests segment accounted for the largest share of the urinalysis market in 2019”
Urinalysis market by application is divided into disease diagnosis and pregnancy test. Disease diagnosis segment is further subdivided into urinary tract diseases, kidney diseases, diabetes, and others. Disease diagnosis application is expected to witness highest growth in forecast period due to rising prevalence of various chronic diseases.
The growth in urinalysis market is primarily driven by the increasing prevalence of UTIs and kidney diseases, rising geriatric population, favorable government initiatives, increasing healthcare expenditure, improved healthcare infrastructure, and availability of technologically advanced urinalysis instruments in the region.
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Urinalysis market is segmented into consumables and instruments. The consumables segment driven by pregnancy and fertility kits, dipsticks, reagents, and disposables, while the instruments segment includes automated urine analyzers, semi-automated urine analyzers, and point-of-care urine analyzers.
The urinalysis market is segmented into disease screening and pregnancy & fertility. In the disease screening segment, UTIs have the largest market share. Urine analysis has become a part of the general check-up in many countries and is used as a preliminary technique for screening for UTIs and other kidney diseases. This is followed by high throughput technique for diagnosing the diseases.
The major players operating in urinalysis market are Seimens Healthineers (Germany), Roche Diagnostics (Switzerland), Cardinal Health (US), Arkray Inc (Japan), Sysmex Corporation (Japan), Alere Inc. (US), Beckman Coulter (US), Bio-Rad Laboratories (US), 77 Elektronika Kft (Hungary), and DIRUI (China), ACON Laboratories (US), Quidel Corporation (US) and URIT Medical Electronic Ltd. (China).
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Urinalysis market, by end user is segmented into hospitals and clinics, research laboratories and institutes, diagnostic laboratories, & home care settings. Hospitals and clinics are major end users of urinalysis systems. Hospitals and clinics use urinalysis systems and consumables for diagnosis of various diseases.
This report studies the urinalysis market based on product, test type, application end user and region. The report also analyzes factors (such as drivers, restraints and opportunities) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders.