Urinary Catheters Market
Global urinalysis market was valued at US $ XX Mn and expected to grow at 7.9% Compound Annual Growth Rate (CAGR) over the 2017 to 2023.
Market Outline: Urinalysis Market
Urinalysis (UA) is the analysis of urine or test of your urine. A urinalysis is a group of physical, chemical, and microscopic tests. The tests detect and/or measure several substances in the urine, such as byproducts of normal and abnormal metabolism, cells, cellular fragments, and bacteria. Urinalysis is used to detect and manage wide range of disorders as urinary tract infections kidney disease and diabetics.
Market Dynamics: Urinalysis Market
Increase in the prevalence of kidney related diseases and urinary tract infections is the key factor attributing the growth of the urinalysis market. Growing geriatric population along with growing kidney disorders is anticipating the growth of the market. Technological advancements are anticipating the growth of the market in this region. Increase in the awareness among the patient population regarding the modern treatment techniques is adding fuel for the growth of the market. However, the stringent government regulations are restraining the growth of the market. The higher cost associated with the research and development is hampering the growth of the urinalysis market.
Market Scope: Urinalysis Market
Urinalysis market is segmented based on the product type, technology, disease indication, and distribution channel
Based on the product type, the market is segmented into the following:
- Urine Analyzer
Based on the test type, the market is segmented into the following:
Based on the application, the market is segmented into the following:
- Liver Disease
Based on the end user, the market is segmented into the following:
- Research Institute
Regional Analysis: Urinalysis Market
Geographically, global urinalysis market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America urinalysis market to keep the top spot in the global urinalysis market. High medical reimbursement facilities are adding further scope for the growth of the market. According to the Centers for Disease Control and Prevention (CDC), in U.S. the number of adults with diagnosed kidney disease was 4.9 million. The increasing patient population is enriching the growth of the market in this region. Europe and the Asia Pacific urinalysis market follow North America region. The Asia Pacific is expected to grow exponentially in the owing to increasing aging population and growing prevalence of kidney diseases, and Urinary Tract Infections (UTI). The ken of the government in the development o the healthcare infrastructure is adding fuel for the growth of the market in this region.
Competition Assessment: Urinalysis Market
Some of the players in the global urinalysis market include:
- Arkray, Inc. (Japan)
- Siemens AG (Germany)
- Sysmex (Japan)
- Beckman Coulter (U.S.)
- Roche Diagnostics (Switzerland)
- Acon Laboratories Inc. (U.S)
- Bio-Rad Laboratories Inc. (U.S)
Notable Market Developments: Urinalysis Market
- In January 2016, Sysmex has launches the UC-3500 Fully-Automated Urine Chemistry Analyzer