Quick Summary:
As the urinalysis industry sees unprecedented growth primarily driven by the increasing prevalence of chronic kidney disease, urinary tract infections, and diabetes, the need for comprehensive market research cannot be overstated. The expansion of the global urinalysis market is further fuelled by the surge in the aging population and a growing demand for urinalysis products/services. Add to this, the heightened public awareness about urinalysis, the market's growth potential becomes even more robust.
However, the challenges in the form of a stringent regulatory framework and the high cost of research and development cannot be overlooked. This in-depth report on the global urinalysis market delivers an unfiltered view of these dynamics shaping the market's future. Offering data on potential revenue opportunities across different segments and the market trends, it furnishes crucial insights about market drivers, restraints, opportunities, new product launches, and competitive strategies. This report is quintessential, not only for those looking to invest but also for the suppliers, product manufacturers, distributors, and financial analysts in the global urinalysis market.
Market Dynamics:
Growing prevalence of chronic kidney disease, rise in burden of diabetes, growing geriatric (aging) population, increasing demand for urinalysis products/services, and increasing awareness among people about urinalysis is expected to drive growth of the global urinalysis market.For instance, in September 2022, Sysmex Corporation announced the launch of the new UF-1500 fully automatic urine particle analysing tool for urine sediment testing to strengthen & expand its product portfolio while maintaining its market position. Moreover, in July 2022, Arkray launched AUTION AI-4510, an innovative automated urine sediment analyzer with built-in capabilities to speed up operations and with auto dilution that eliminates waste and ensures greater accuracy.
However, stringent regulatory framework and high cost of research and development is expected to hamper the growth of the global urinalysis market.
Key features of the study:
- This report provides in-depth analysis of the global urinalysis market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global urinalysis market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Arkray Inc., Abbott Laboratories, Eiken Chemical Co. Ltd., Sysmex Corporation, Siemens Healthineers AG, Cardinal Health Inc., Acon Laboratories Inc., Bio-Rad Laboratories Inc., Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd., and Danaher Corporation (Beckman Coulter Inc.).
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global urinalysis market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global urinalysis market.
Detailed Segmentation:
Global Urinalysis Market, By Product Type:
- Instruments
- Consumables
Global Urinalysis Market, By Test Type:
- Biochemical
- Pregnancy and Fertility
- Sediment
Global Urinalysis Market, By Application:
- Disease Screening
- Pregnancy and Fertility
Global Urinalysis Market, By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Arkray Inc.
- Abbott Laboratories
- Eiken Chemical Co. Ltd.
- Sysmex Corporation
- Siemens Healthineers AG
- Cardinal Health Inc.
- Acon Laboratories Inc.
- Bio-Rad Laboratories Inc.
- F.Hoffmann-La Roche Ltd.
- Becton, Dickinson and Company
- Danaher Corporation (Beckman Coulter Inc.)
What is the estimated value of the Global Urinalysis Market?
What is the growth rate of the Global Urinalysis Market?
What is the forecasted size of the Global Urinalysis Market?
Who are the key companies in the Global Urinalysis Market?
Report Attribute | Details |
---|---|
No. of Pages | 168 |
Published | August 2023 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1712 Million |
Forecasted Market Value ( USD | $ 2669.2 Million |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arkray Inc.
- Abbott Laboratories
- Eiken Chemical Co. Ltd.
- Sysmex Corporation
- Siemens Healthineers AG
- Cardinal Health Inc.
- Acon Laboratories Inc.
- Bio-Rad Laboratories Inc.
- F.Hoffmann-La Roche Ltd.
- Becton, Dickinson and Company
- Danaher Corporation (Beckman Coulter Inc.)