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Urinalysis Market Analysis | 2022-2028
Urinalysis Market Growth, Size, Share, Trend, Forecast, & Industry Analysis: 2022-2028
"The global urinalysis market was projected to grow from USD 3.45 billion in 2021 to USD 5.46 billion by 2028 at a CAGR of around 6.8% during the forecast period."
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What is urinalysis?
Urinalysis is defined as a test of urine. Some of the commonly used products to test urine include dipsticks, reagents, disposables, biochemical urine analyzers, and automated urine sediment analyzers among others. It is being used in various applications such as pregnancy, diabetes, kidney disease, and UTI.
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Urinalysis Market Report Overview |
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Market Size in 2028 |
USD 5.46 billion |
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Market Size in 2021 |
USD 3.45 billion |
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CAGR |
6.8% |
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Base Year of Study |
2021 |
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Trend Period |
2016-2020 |
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Forecast Period |
2022-2028 |
Market Dynamics
The growth of the urinalysis market is primarily driven by the following factors:
COVID-19 Impact
The COVID-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the urinalysis market negatively as supply disruptions affected product availability in the market.
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Key players operating in the urinalysis market are:
"The consumables segment accounted for the largest market share."
By product type, the urinalysis market is segmented into consumables and instruments. The consumables segment accounted for the largest share of the market in 2021. The frequent purchase of these products due to their recurrent usage drives the market growth of this segment.
"The urinary tract infection (UTI) segment accounted for the largest market share."
By application type, the urinalysis market is segmented into Pregnancy, Diabetes, Kidney Disease, UTI. The urinary tract infections (UTI) segment is anticipated to progress at a 5.2% CAGR through 2028 due to increasing incidence rate of urinary tract infections in developed and developing nations.
"The hospitals & clinical laboratories segment accounted for the largest market share."
By end-users, the urinalysis market has been bifurcated into hospitals and clinical laboratories, diagnostics laboratories, research laboratories and institutes, and home care settings. The hospitals & clinical laboratories segment accounted for the largest market share in 2021 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure and skilled staff.
"The North American market accounted for the largest market share."
By region, the North American market accounted for the largest market share in 2021 and is projected to grow at a robust CAGR during the review period. This can be attributed to increasing investment in the development of advanced products to conduct urine tests coupled with an expanding geriatric populace and the presence of key market players such as Beckman Coulter Inc. (US) and ACON Labs Inc. (US). The market growth in Asia-Pacific is expected to be driven by an increasing number of people suffering from chronic lifestyle diseases such as diabetes.
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the Urinalysis Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional and country level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Which are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirement? |
10% free customization |
The Urinalysis market is segmented into the following categories:
By Product Type
By Application Type
By End User
By Region
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
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Report: Features |
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Market Segmentation |
4 |
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Regions Covered |
5 |
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Countries/Sub-Regions Covered |
16 |
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No. of Figures & Tables |
>90 |
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Company Profiles |
10 |
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
September 2022: Olive Diagnostics launches AI-powered urinalysis device so you don’t have to pee in a cup
The Jerusalem-based company uses an optical sensor and AI-powered device to perform 100% passive real-time urine analysis. And it is extending its seed funding round to $7.3 million after raising an additional $1.5 million from existing investors and private investors.
Feb 2022: Healthy.io to develop new method of urinalysis
The healthcare company Healthy.io is developing a new method of urinalysis to make it smarter, faster and more accessible for those who need it. The testing process, which typically involves scheduling an appointment, traveling to a clinic and urinating into a lab specimen cup in a semi-public bathroom, leaves something to be desired.
Urinalysis is defined as a test of urine. Some of the commonly used products to test urine include dipsticks, reagents, disposables, biochemical urine analyzers, and automated urine sediment analyzers among others. It is being used in various applications such as pregnancy, diabetes, kidney disease, and UTI.
The urinalysis market size was estimated USD 3.45 billion in 2021.
The urinalysis market is expected to witness an impressive growth of 6.8% CAGR in the coming years.
Increasing incidence of chronic kidney diseases, rising cases of urinary tract infection, expanding geriatric populace, rising number of urine tests, growing emphasis on the development of advanced products are some of the major factors driving the growth of the market.
North America accounted for the largest share in the market in 2021.
Siemens Healthineers AG (Germany), F. Hoffmann-La Roche AG (Switzerland), Beckman Coulter Inc. (US), Sysmex Corporation (Japan), Arkray (Japan), ACON Labs Inc. (US), Bio-Rad Laborato-ries, Inc. (US), 77 Elektronika Kft (Hungary), Mindray Medical International Limited (China), and URIT Medical Electronic Co., Ltd. (China) are among the key players in the urinalysis market.
Distributors, suppliers, manufacturers, logistics organizations, and government bodies.
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