Urinalysis Test Market is expected to register a CAGR of 5.85% during the forecast period, with a market value of USD 1568.46 Million till 2025.
Urinalysis Test Market Segment Analysis
The Global Urinalysis Test Market is segmented into product type, test type, application, and end-user
On the basis of product type, the urinalysis test market has been classified as consumables and instruments. The consumables segment has been further divided into pregnancy & fertility kits, dipsticks, disposables, and reagents. The instruments segment has been additionally categorized as automated urine analyzers, semi-automated urine analyzers, and point-of-care urine analyzers.
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The automated urine analyzers segment has been further classified as biochemical urine analyzers, sediment urine analyzers, and integrated urine analyzers. The sediment urine analyzers segment has been additionally bifurcated into microscopy analyzers and flow cytometry analyzers. The consumables segment is expected to command the market over the assessment period owing to the repetitive use of consumables during urinalysis procedures.
Urinalysis Test Market Regional Analysis
The Global Urinalysis Test Market has been segmented on the basis of region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The European urinalysis test market has been additionally segmented into Western Europe and Eastern Europe. The Western Europe urinalysis test market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The urinalysis test market in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and the rest of Asia-Pacific. The urinalysis test market in the Middle East & Africa has been bifurcated into the Middle East and Africa.
The Americas was the largest market for urinalysis tests in 2018 due to the rising demand for automated urine analyzers, technological advancements in urinalysis test instruments, and rising prevalence of kidney and liver diseases in the US and Canada. In North America, the US held the largest share of the market in 2018 owing to the presence of significant players focused on manufacturing urine analyzers and consumables, rising research initiatives in the field of urinalysis, and growing awareness about personalized medicines. On the other hand, Asia-Pacific is expected to represent the highest market growth potential over the forecast period due to rapidly developing medical technology, increasing demand for urine testing products, surging geriatric population, and growing awareness about urinalysis tests in China, India, Japan, and Australia.
Urinalysis Test Market Players
MRFR recognizes the following companies as the Key Players in the Global Urinalysis Test Market— Beckman Coulter (US), Bio-Rad Laboratories (US), 77 Elektronika Kft (Hungary), and DIRUI (China), ACON Laboratories (US), Quidel Corporation (US), URIT Medical Electronic Ltd (China), Seimens Healthineers (Germany), Roche Diagnostics (Switzerland), Cardinal Health (US), Arkray Inc. (Japan), Sysmex Corporation (Japan), and Alere Inc. (US).
Urinalysis Test Market – Key Findings of the Study
- The Global Urinalysis Test Market was valued at USD 1057.01 Million in 2018, is estimated to grow at USD 1568.5 Million By 2025 at a CAGR of 5.85% during the assessment period.
- Americas accounted for the largest share of the global market due to the presence of key market players and increasing the rising prevalence of diseases, and government support are driving the growth of the market in this region.
- On the basis of product type, consumables accounted for the largest market share of 8% in 2018, with a market value of USD 590.15 Million.
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