About Urinalysis Test
A urinalysis is a common medical test that examines a person's urine to assess their overall health and detect various medical conditions. This test involves analyzing the physical, chemical, and microscopic properties of urine. Urinalysis can provide valuable information about the function of the kidneys and other organs, as well as help diagnose or monitor various medical conditions. The high prevalence of lifestyle-related diseases such as Urinary Tract Infections and Kidney stones drives the market for urinalysis tests market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Manufacturers invest in research and development to create advanced urinalysis test kits, automated systems, and point-of-care devices that offer improved accuracy, ease of use, and additional features. Apart from this companies undergo strategic activities such as acquisitions, mergers, collaboration, and partnerships along with new product launches to expand their product portfolio. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Urinalysis Test market throughout the forecasted period. 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.
Abbott (United States), Sysmex Corporation (Japan), Siemens Healthcare GmbH (Germany), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), F. Hoffmann-La Roche Ltd. (Switzerland), Quidel Corporation (United States), Bio-Rad Laboratories, Inc. (United States), Cardinal Health Inc. (United States), Beckman Coulter Inc. (United States), ACON Laboratories, Inc. (United States) and Danaher Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Urinalysis Test market by Type (Dipstick Test, Visual Exam and Microscopic Exam) and Region.
On the basis of geography, the market of Urinalysis Test has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 Indication, the sub-segment i.e. Urinary Tract Infection will boost the Urinalysis Test market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Fully Automated will boost the Urinalysis Test 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 Test market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption of Automation in Urinalysis Testing and Adoption of Telehealth and Remote Monitoring Solutions
Market Growth Drivers:
Increasing Prevalence of Life Style Related Diseases Such As Urinary Tract Infection and Kidney Stone and Growing Geriatric Population Drives the Market for Urinalysis Test Market
Challenges:
Stringent Regulatory Framework and High Coast Associated With Research and Development
Restraints:
Lack of Skilled Laboratory Technicians and Limited Availability of Advanced Equipment in Underdeveloped Countries Negatively Impact the Growth of the Market
Opportunities:
Large Patient Population and Increasing Disposable Income Play an Essential Role in Upgrading Laboratory Infrastructure
Market Leaders and their expansionary development strategies
In July 2018, Beckman Coulter, Inc. and ARKRAY, Inc. merged and launched iQ Urinalysis Workcell, and integrated automated urine analyzer
In January 2020, Sysmex invested in Astrego Diagnostics with a view to developing new urinalysis solutions for the primary care business. and In January 2019, Bio-Rad Laboratories, Inc., a provider of life science research and clinical diagnostics products, announced the launch of qUAntify Advance Control for use in clinical labs performing urinalysis testing.
The FDA is the primary regulatory authority responsible for the approval and regulation of medical devices and in vitro diagnostic tests in the United States, including urinalysis test kits and automated urinalysis systems. The FDA reviews and approves new urinalysis products for safety and effectiveness before they can be marketed and sold in the U.S. market.
Key Target Audience
Urinalysis Test Manufactures, Diagnostic Laboratories, Government Institutes, Regulatory Authorities, Potential Venture Capitalists and Investors, Research and Development Institutes, Market Research & Consulting Firms, End Users 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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.