Global urinalysis market To See Astonishing Growth (CAGR of 7.98%) By 2026 | BD, Beckman Coulter, Siemens, Sysmex Corporation, Roche
Global Urinalysis survey provides key information about the healthcare industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This report on the global market is an important document for every market enthusiast, policymaker, investor, and market player. The report provides CAGR value fluctuations for the market during the forecast period of 2019-2026. This Market Report provides data on patterns and improvements, target business sectors and materials, limits and advancements. Urinalysis market report assists client companies in predicting investment in an emerging market, expansion of market share or success of a new product.
Global urinalysis market is registering a substantial CAGR of 7.98% in the forecast period of 2019-2026. This rise in the market value can be attributed to the rising incidences of urinary tract infections and kidney diseases.
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The urinalysis test is a method to detect wide range of disorders like urinary infection, kidney diseases, and diabetes in the urine. It is a convenient and effective method to analyze urine sample to detect diabetes, urinary tract infection, and kidney diseases.
Eminent industry players operating in the Global Urinalysis Market
Beckman Coulter, Siemens, Sysmex Corporation, Sysmex America, Inc., ARKRAY,Inc., Bio-Rad Laboratories, Teco Diagnostics, Alere Inc., Roche, ACON Laboratories, Mindray, Roche Diagnostics USA, 77 Elektronika Ltd, Analyticon Biotechnologies AG, BD, Roche Diagnostics Asia Pacific, Roche Diagnostics Europe, Roche Diagnostics Middle East, Roche Diagnostics Nederland, Roche Diagnostics (Shanghai) Ltd, Sysmex Netherlands & Belgium, Sysmex Europe, Siemens Healthineers, Sysmex UK, Sysmex Canada Inc., Sysmex Asia Pacific, BBI Solutions, BioPacific Partners, DIRUI Industrial Co., Ltd, EKF Diagnostics, Globe Scientific, Inc, Hardy Diagnostics, Human Diagnostics, KOVA International, Medline Industries, Inc., MENARINI Group, Menarini Asia-Pacific, Smart Medical, Stellar Scientific, Trinity Biotech, ulti med Products (Deutschland) GmbH, among others.
Key market Segmentation of Urinalysis Market
By Product
By Test Type
By Application
By End-User
On the basis of geography,
North America & South America,
Europe,
Asia-Pacific, and
Middle East & Africa
Market Drivers
- Increasing incidences of diabetes urinary tract infections and kidney diseases, are driving the market growth
- Rising aging population, is helping in market growth
- Regular advancement in technology, drives the market growth
- Increasing prevalence of sedentary lifestyle, is also the factor helping in market growth
Market Restraints
- Strict regulations and procedures, hinders the growth of the market
- Excessive tax implementation by U.S. government, restricts the market growth
- Lack of adequate healthcare infrastructure in low-income countries, hampers the growth of the market
Key Developments in the Market:
- In January 2019, Bio-Rad Laboratories Inc., had launched qUAntify Advance Control for the urinalysis testing. It will ensure the quality and precision of the test procedures. This product launch had improved the effectiveness of the test being conducted as well as improved the customer base for the company.
- In June 2018, Healthy.io introduced Dip.io, which is a digital test kit that allows patients to gather and evaluate urine testers with just a smartphone app at home, color-coded slide, a dip stick, a and a touch of artificial intelligence. This launch and advancement in technology will increase company’s revenue.
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