Urinalysis Market to Showcase High Growth Opportunities During the Forecast Period


Posted May 3, 2017 by dheerajshaha67

The global urinalysis market is expected to reach USD 1.91 Billion by 2021 from USD 1.32 Billion in 2016, at a CAGR of 7.6%.

 
The report “Urinalysis Market by Product Type (Dipstick, Reagent, Analyzers, POC), Test Type (Biochemical, Sediment, Microscopic, Flow-Cytometric), Application (Diabetes, UTI, Kidney, Liver Disease, Pregnancy), End User (Hospitals, Diagnostic Labs) - Forecast to 2021” The global urinalysis market is expected to reach USD 1.91 Billion by 2021 from USD 1.32 Billion in 2016, at a CAGR of 7.6%. The global market is broadly classified into product type, test type, applications, and end user categories.

Browse 278 market data Tables and 41 Figures spread through 223 Pages and in-depth TOC on "Urinalysis Market”
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Industry Insights:
On the basis of product type, the urinalysis market is segmented into consumables and instruments. The consumables segment is expected to account for the largest share of the global market in 2016. The high market share of this segment is attributed to the introduction of new and advanced reagents & dipsticks, wide use of disposables in urinalysis testing and research and the utilization of disposables at a larger scale in the market.

Urinalysis market is segmented into biochemical urinalysis and sediment urinalysis on the basis of Test Type. The biochemical urinalysis segment is expected to drive the market during the forecast period. The rapidly growing geriatric population and rising prevalence of kidney diseases and urinary tract infections are the key factors propelling the growth of this market.

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Geographical Scenario:

Geographically, the urinalysis market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, Asia is projected to grow at the highest CAGR during the forecast period. Growth in the North American segment is primarily driven by the rising prevalence of kidney diseases and urinary tract infections in North American countries.

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Industry Leaders:

The key players in the urinalysis market include Beckman Coulter (U.S.), Roche Diagnostics (Switzerland), Siemens AG (Germany), Sysmex Corporation (Japan) and ARKRAY, Inc. (Japan). The high growth potential in emerging markets has opened an array of opportunities for the urinalysis market. However, implementation of excise duty by U.S. government is expected to restrain the growth of this market to a certain extent during the forecast period.



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Issued By Dheeraj
Country India
Categories Business , Health , Medical
Tags urinalysis , urinalysis market , urinalysis systems market
Last Updated May 3, 2017