Urinalysis Trends and Forecast
The future of the global urinalysis market looks promising with opportunities in the hospital, clinical laboratory, home care, and research and academic markets. The global urinalysis market is expected to reach an estimated $5.13 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing incidence of kidney disorders, growing number of geriatric population,and rising preference for PoC (point of care) urine diagnostic tests.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Urinalysis by Segment
The study includes a forecast for the global urinalysis by product type, application, end use industry, technology, and region
Urinalysis Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Instruments
• Consumables
Urinalysis Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Disease Screening
• Pregnancy and Fertility Testing
Urinalysis Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Clinical Laboratories
• Home Care
• Research and Academics
• Others
Urinalysis Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Urinalysis Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies urinalysis companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the urinalysis companies profiled in this report include-
• Abbott
• Sysmex
• Siemens Healthcare
• ACON Laboratories
• ARKRAY
• Shenzhen Mindray Bio-Medical Electronics
• F. Hoffmann-La Roche
• Quidel
• Bio-Rad Laboratories
Urinalysis Market Insights
Lucintel forecast that pregnancy & fertility testing is expected to witness highest growth over the forecast period due to rising number of infertility cases and significant demand for affordable home pregnancy urine tests.
Clinical laboratory is expected to witness highest growth over the forecast perioddue to its growing popularity among patients given to the easy availability of an improved diagnostic tool and testing facilities.
North America is expected to witness highest growth over the forecast period due to availablity of major manufacturing hubs, growing need for efficient diagnosis and treatment of chronic kidney diseases, and presence of key players in the region.
Features of the Global Urinalysis Market
market Size Estimates: Urinalysis market size estimation in terms of value ($B).
Trend and Forecast Analysis: market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Urinalysis market size by product type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Urinalysis market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, end use industries, and regions for the urinalysis market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the urinalysis market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the urinalysis market size?
Answer: The global urinalysis market is expected to reach an estimated $5.13 billion by 2030.
Q.2 What is the growth forecast for urinalysis market?
Answer: The global urinalysis market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the urinalysis market?
Answer: The major drivers for this market are increasing incidence of kidney disorders, growing number of geriatric population, and rising preference for PoC (point of care) urine diagnostic tests.
Q4. What are the major segments for urinalysis market?
Answer: The future of the urinalysis market looks promising with opportunities in the hospital, clinical laboratory, home care, and research and academic markets.
Q5. Who are the key Urinalysis market companies?
Answer: Some of the key urinalysis companies are as follows:
• Abbott
• Sysmex
• Siemens Healthcare
• ACON Laboratories
• ARKRAY
• Shenzhen Mindray Bio-Medical Electronics
• F. Hoffmann-La Roche
• Quidel
• Bio-Rad Laboratories
Q6. Which urinalysis market segment will be the largest in future?
Answer: Lucintel forecast that pregnancy & fertility testing is expected to witness highest growth over the forecast period due to rising number of infertility cases and significant demand for affordable home pregnancy urine tests.
Q7. In urinalysis market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to availablity of major manufacturing hubs, growing need for efficient diagnosis and treatment of chronic kidney diseases, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the urinalysis market by product type (instruments and consumables), application (disease screening and pregnancy and fertility testing), end use industry (hospitals, clinical laboratories, home care, research and academics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Urinalysis Market, Urinalysis Market Size, Urinalysis Market Growth, Urinalysis Market Analysis, Urinalysis Market Report, Urinalysis Market Share, Urinalysis Market Trends, Urinalysis Market Forecast, Urinalysis Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.