Global Urinalysis Market Expected To Cross USD 5150.1 MN By 2026
- Press Releases
The “Global Urinalysis Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026” research study accessible on Decisiondatabases.com gives a description of the market growth, trends and forecast for the global urinalysis market. The report anticipates that the global urinalysis market would cross over USD 5150.1 MN by 2026 along with a CAGR of 7.60% within the forecasted period within 2020-2026. The market was valued close to USD 3096.3 MNin 2019.
Urinalysis or urine tests are a range of tests that are conducted by taking 30 to 60 ml of urine as a sample to detect symptoms for various kinds of diseases. It is one of the main tests that help to identify symptoms for kidney diseases, liver diseases and diabetics. Urinalysis tests include gross examination, chemical evaluation and microscopic examination which helps to identify cells, levels of creatinine, epithelial cells and substances such as casts or crystals in the urine. It should be added as a routine checkup by the people. It is also performed during pregnancy checkups, pre-surgery preparations or on hospital admissions to treat various disorders. Additionally, if urinalysis shows the appearance of red color or brown cloudiness in the urine, it suggests the occurrence of some irregularity that may need additional treatment or examination. There are urinalysis test kits available in the market however they are not fully countable as the tests require additional technical skills and equipment to diagnose the medical conditions.
The rise in the occurrence of UTI and kidney diseases, growth in the number of diabetic patients and the increase in the advancements in technology in diagnostic tools for urinalysis are the major drivers responsible for the growth of the global urinalysis market. The diseases such as obesity, diabetes and hypertension have an adverse impact on the excretion system and thus impact the appearance, concentration and content of urine thus leading to nephropathic disorders which in turn fuels the growth of the urinalysis market globally. However, the lack of suitable healthcare infrastructure may act as a limitation towards the growth of the global urinalysis market.
By product, instruments and consumables are the classifications provided for the global urinalysis market. Instruments are further sub-classified into biochemical urine analyzers and automated urine sediment analyzers whereas consumables are sub-classified into dipsticks, reagents and disposables.
By applications, UTIs, diabetes, kidney disease, hypertension and liver disease are the segments of the global urinalysis market.
By end-use, hospitals, clinical laboratories, home healthcare and research & academics are the segments of the global urinalysis market.
North America, Europe, Asia Pacific, Latin America and Middle East & Africa are the regional segments of the global urinalysis market. The study also offers an outlook on the entire competitive landscape of the worldwide market along with the key players profiled as ACON Laboratories, Alere Inc., ARKRAY Inc., Bio-Rad, Mindray, Qidel Corporation, Roche Diagnostics, Siemens Healthcare, and Sysmex among others.The future capacities, key mergers & acquisitions, financial overview, partnerships and new product launches & developments of each of these key players have also been covered in the study.
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