Urinalysis Market - Rise in Geriatric Population Single-Handedly Driving Demand for Urinalysis
The global urinalysis market is primarily fueled by the alarming rise in the prevalence of diabetes. Diabetes is considered to be the leading cause of kidney failure and end-stage renal disease (ESRD) globally. According to the International Diabetes Federation (IDF), an estimated 338 million new cases of diabetes were reported in 2014 and about 3.2 million people were diagnosed with ESRD in 2015. The WHO reports that diabetes accounted for an estimated 422 million deaths globally in 2014.
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