About Urinalysis Analyzers
A urinalysis analyzer is a clinical device that performs automatic urine testing. The large target population base and the observed high unmet clinical needs in underdeveloped regions provide the market with significant growth opportunities. To capitalise on these opportunities, diagnostic tools that can meet these unmet clinical needs at an affordable price must be developed. Furthermore, key market players' core strategy for meeting unmet clinical need is to provide rapid and accurate diagnosis with improved ease of use.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | North America |
Unit | Value (USD Billion) |
CAGR | 6.1% |
Global Urinalysis Analyzers is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Roche Diagnostics (Switzerland), Sysmex Corporation (Japan), Cardinal Health (United States), Beckman Coulter (United States), Bio-Rad Laboratories (United States), Arkray Inc. (Japan), ACON Laboratories, Inc. (United States), Siemens Healthineers (Germany), Urit Medical Electronic Group Co., Ltd. (China) and 77 Elektronika Kft (Hungary) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Urinalysis Analyzers market by Type (Semi-Automatic and Fully-Automatic), Application (Urinary Tract Infections, Kidney Diseases, Diabetes and Others) and Region.
On the basis of geography, the market of Urinalysis Analyzers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales, the sub-segment i.e. Online will boost the Urinalysis Analyzers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Urinalysis Analyzers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Sysmex America, Inc. announced the agreement with Siemens Healthineers that grants North American rights to distribute and service Siemens Healthineers CLINITEK Novus Automated Urine Analyzer for hospital and reference laboratory use. The CLINITEK Novus Automated Urine Analyzer combines dry-pad urine chemistry technology and a cassette test format to help ensure maximum productivity and standardized testing.
On 28th September 2021, Beckman Coulter unveiled DxU Iris, at American Association for Clinical Chemistry (AACC). The new launch will help to improve laboratory workflow for processing urinalysis samples with a new automated diagnostic system. DxU Iris is designed to reduce manual sample processing in urinalysis lab workflow by reducing manual reviews to 4%.
Market Drivers
- Increasing Preference by Healthcare Professionals owing to Ease of Use
- Demand for Fast Testing and Shift towards Automation in Sediment Analysis
Opportunities
- Increasing Kidney Diseases and Urinary Tract Infections Patients
- Government Focus on the Improving Global Healthcare Standards
Restraints
- Availability of Refurbished Products
- High Expenditure for Healthcare Facilities and Inadequate Supply of Testing Tools
Challenges
- Lack of Adequate Healthcare Facilities in Countries with Low-Income Levels
Key Target Audience
Urinalysis Analyzers Manufacturers, Urinalysis Analyzers Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.