Global Urinalysis Market 2017-2021
Urinalysis is the physical, chemical, and microscopic examination of urine to detect and measure various compounds that pass through the urine. Minute crystals and other abnormalities such as protein content in urine can also be detected by the test. In addition, it helps detect various diseases such as urinary tract infections (UTIs), kidney disorders, liver problems, diabetes, or other metabolic conditions.
Technavio’s analysts forecast the global urinalysis market to grow at a CAGR of 4.27% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global urinalysis market for 2017-2021. To calculate the market size, the report considers revenue generated from sales/volume/value of urinalysis products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Urinalysis Market 2017-2021
Technavio recognizes the following companies as the key players in the global urinalysis market: Alere, ARKRAY, Beckman Coulter, Bio-Rad, F. Hoffmann-La Roche, and Siemens Healthineers.
Other Prominent Vendors in the market are: 77 Elektronica, Analyticon Biotechnologies, BD, BBI Solutions, BioPacific Diagnostic, Dirui, EKF Diagnostics, Globe Scientific, Hardy Diagnostics, Human Diagnostics, KOVA, Medline, Menarini, Smart Medical, Stellar Scientific, Trinity Biotech, TradeMed, ulti med Products, and URIT Medical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of connectivity solutions for home care settings. The use of dipsticks to check any anomalies in the urine is practiced worldwide. But the results obtained by them are often inaccurate.”
According to the report, one driver in the market is rising prevalence of UTI in hospitals. Urinary infections leading to incontinence has increased and is very common in the elderly population. Most cases are due to urinary disorders or abnormalities that reduce the control over the bladder. This includes disorders such as Parkinson’s disease, incontinence due to old age, multiple sclerosis, and dementia. Therefore, most of the demand for urinalysis analyzers or consumables comes from the elderly population.
Further, the report states that one challenge in the market is decrease in traditional manual sediment analysis of urine. The traditional manual analysis of urine sediments through semi-automated or partially automated analyzers in diagnostic centers is eventually decreasing due to the introduction of fully automated analyzers. Their adoption rate is increasing immensely in the market. The new automated urinalysis method is more efficient and accurate owing to a better understanding of the statistical tools used in urinalysis.
Alere, ARKRAY, Beckman Coulter, Bio-Rad, F. Hoffmann-La Roche, Siemens Healthineers, 77 Elektronica, Analyticon Biotechnologies, BD, BBI Solutions, BioPacific Diagnostic, Dirui, EKF Diagnostics, Globe Scientific, Hardy Diagnostics, Human Diagnostics, KOVA, Medline, Menarini, Smart Medical, Stellar Scientific, Trinity Biotech, TradeMed, ulti med Products, and URIT Medical.