Market Research Future published a research report on “Global Urinalysis Test Market Research Report- Forecast till 2023“– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market synopsis of global urinalysis test market:
Urinalysis refers to the analysis of urine. The analysis is followed by a series of tests, which are objected for the diagnosis of some common diseases. These diseases are inclusive of urinary tract infections, kidney disorders, diabetes, and liver problems. In the mentioned medical conditions, urinalysis testing involves chemical, visual, and microscopic examinations to detect cell fragments and substances such as crystals or casts in the urine. Often substances such as glucose or protein appears in the urine of the patients. This is mainly exploited for diagnosis of diseases such as diabetes. In patients diagnosed with acute or chronic kidney disease or diabetes urinalysis is used in conjugation with other tests, such as urine albumin, to follow up the treatment.
According to WHO report published in 2017, the number of people with diabetes increased from 108 million in 1980 to 422 million in 2015. The prevalence of the disease has been more rapid in the middle class population and low income countries from the last few decades. WHO predicted that diabetes would be the seventh leading cause of deaths by 2030, therefore the demand for diagnosis will increase. Additionally, according to the National Diabetes Statistics report published in 2017, 23.1 million people diagnosed with diabetes, accounting for 7.2% of the total U.S. population and approximately 9.9 million of the geriatric population shared a background for diagnosed diabetes, within the region in 2015. This has helped the US to hold the largest market share of the global market. Furthermore, according to the Kidney Disease Statistics report published in 2015, 31 million people in the U.S. have chronic kidney diseases and the diagnosis of kidney diseases is primarily based on the urological testing, which will fuel the market.
Increasing healthcare expenditure, increasing prevalence of diabetes and chronic kidney diseases drives the growth of the market. However, factors such as lack of awareness, uneven distribution of medical services over the regional boundaries, and low healthcare expenditures in developing countries may hamper the market growth over the assessment period.
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Key Players in the Global Urinalysis Testing Market:
Some of key players profiled in the report are Bio-Rad Laboratories, Inc., ARKRAY, Inc., Beckman Coulter, Inc., F. Hoffmann-La Roche Ltd, F. Hoffmann-La Roche Ltd, ACON Laboratories, Inc., Sysmex Corporation, Elektronika Kft., URIT Medical, and Mindray Medical International Limited.
The global urinalysis test market has been segmented on the basis of application, method, and end users.
Based on the application, the market has been segmented as pregnancy test, kidney disease, diabetes, drug testing, and others.
Based on the method, the market has been segmented as hemoglobin test, urine test strip, microscopic examination, urine culture, and others.
Based on the end users, the market has been segmented as hospitals, clinics, research laboratories, and others.
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The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, increasing prevalence of diabetes and chronic kidney disease will boost the market. Also, concentration of major research companies and research centers in the developed countries of this region is adding fuel to the market growth.
Europe is the second largest market in the world due to high income and strong healthcare penetration.
Asia Pacific region is expected to grow rapidly over the forecast period and China and India are likely to lead this market due to the fastest growing healthcare sector.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development.
The report for global urinalysis test market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
We are thankful for the support and assistance from Global Urinalysis Test Market Research Report- Forecast till 2023 chain related technical experts and marketing experts during Research Team survey and interviews.
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