This MRFR Market Perspective Examines the Historical Trends and Current Scenario of the “Global Urinalysis Test Market” to Deliver a Highly Pertinent Growth Forecast. The primary objective of the report is to deliver Industry insights, market facts and relevant data that will allow report users to make informed decisions and device growth strategies.
Pune, India -- (SBWIRE) -- 10/11/2018 -- Urinalysis Test Market - Highlights
Urinalysis is a type of testing which is performed by evaluating the chemical, visual, and microscopic studies to detect cell fragments and substances such as crystals or casts in the urine. Urinalysis testing is a cost-effective, non-invasive test used as an indicator of health or disease. The global urinalysis test market is expected to grow at a CAGR of 6.3% during the forecast period.
The urinalysis testing ranges from manual reading of a visual urine test strip to the use of semi-automated analyzers to loading the sample on a fully automated urine chemistry analyzer. Rising demand for point-of-care testing and increasing prevalence of chronic diseases are the major drivers for the market growth.
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According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), the overall prevalence of Chronic Kidney Disease (CKD) in the general population is approximately 14%. Moreover, it was estimated that more than 70 % of medicare spending for CKD patients aged 65 and older was incurred by those who also had diabetes, congestive heart failure, or both.
Additionally, technological advancements boosts the market growth during the forecast period. Urinalysis is known to be the potential tool for physicians. Technological advancement is has found to improve the efficiency and reliability of results. Furthermore, most of the urine analyzers are now integrated with Electronic Health Records (EHR) to directly link the results into the patient's database. For instance, Siemens AG is collaborated with Relaymed to bring labs cloud-based connectivity for the Siemens DCA Vantage analyzer and Clinitek Status point-of-care (POC) instruments. This will sent patient test results automatically from these POC instruments to physician-office EHR systems.
Key Players in the Global Urinalysis Test Market:
F. Hoffmann-La Roche Ltd
Sysmex Corporation and ACON Laboratories, Inc. (U.S.).
Urinalysis Test Market - Regional Analysis:
The Americas leads global urinalysis test market due to a well-developed healthcare sector and rising healthcare expenditures within the region. The Americas is followed by Europe. Countries like the U.K, France, Germany and Russia within the region are extensively grows the market in the presence of the developed healthcare sector. The Asia Pacific is the fastest growing region due to a huge patient population and rising healthcare expenditure. On the other hand, Middle East & Africa have the least share of the market.
Urinalysis Test Market - Segmentation Analysis:
The global urinalysis test market is segmented on the basis of product type, test type, application, and end user.
On the basis of product type, the market is segmented into instruments and consumables. The instruments type includes urine chemistry analyzer such as automatic urine analyzers and semi-automatic urine analyzers, automated urine sediment analyzers, point-of-care devices, and strip analyzer. The consumables are further segmented into plastic consumables, test strips, and chemical agents.
On the basis of test type, the market is segmented into macroscopic urinalysis, biochemical urinalysis, and sediments/microscopic urinalysis.
On the basis of application, the market is segmented into disease diagnosis including the diagnosis of diseases such as kidney disease, liver disease, diabetes, pregnancy tests, and others.
On the basis of end users, the market is segmented into hospitals, independent laboratories, and physician practices.
Major TOC of Urinalysis Test Market Research Report - Global Forecast till 2023
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Urinalysis Test Market, By Product Type
7 Global Urinalysis Test Market, By Test Type
8 Global Urinalysis Test Market, By Application
9 Global Urinalysis Test Market, By End User
10 Global Urinalysis Test Market, By Region
11 Competitive Landscape
12 Company Profiles
13 MRFR Conclusion
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