Urinalysis Market 2020-2024 - Global Analysis and Forecasts by Product and by Geography | Technavio

The urinalysis market is expected to grow by USD 731.57 million, progressing at a CAGR of almost 8% during the forecast period.

Click & Get Free Sample Report in Minutes

The rising prevalence of renal diseases and UTIs is one of the major factors propelling the market growth. However, factors such as the high costs of automated urine analyzers will hamper market growth.

More details: https://www.technavio.com/report/urinalysis-market-industry-analysis

Urinalysis Market: Product Landscape

The urinalysis consumables segment includes reagents to detect the diabetic level in patients, urine culture to identify harmful microbes, urinalysis pregnancy kits to detect the stage of pregnancy, and urine dipsticks for UTI detection. This segment dominated the market in 2019 due to the rising number of people suffering from UTIs and other renal and liver diseases. In this segment, dipsticks are extensively used in the home care setting to detect UTI because it is easily available in comparison to other consumable products. Market growth in this segment will be faster than the growth of the market in the instruments segment.

Urinalysis Market: Geographic Landscape

North America was the largest urinalysis market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the increase in the automation of laboratories and high preference for point-of-care (POC) diagnostic tests will significantly drive urinalysis market growth in this region over the forecast period. 38% of the market's growth will originate from North America during the forecast period. The US is the critical market for urinalysis in North America. Market growth in this region will be slower than the growth of the market in Asia.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Related Reports on Health Care Include:

Global Medical Specialty Bags Market: The medical specialty bags market size has the potential to grow by USD 2.64 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get a FREE Sample Report in Minutes!

Global Portable Ultrasound Bladder Scanners Market: The global portable ultrasound bladder scanners market has the potential to grow by USD 52.33 million during 2020-2024, and the market's growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get a FREE Sample Report in Minutes!

Companies Covered:

• Abbott Laboratories
• Becton, Dickinson and Co.
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• Cardinal Health Inc.
• Danaher Corp.
• F. Hoffmann-La Roche Ltd.
• Quidel Corp.
• Siemens Healthineers AG
• Thermo Fisher Scientific Inc.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Consumables - Market size and forecast 2019-2024
• Instruments - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Hospital and clinics - Market size and forecast 2019-2024
• Diagnostic laboratories - Market size and forecast 2019-2024
• Home care settings - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• Asia - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume drivers ? Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Abbott Laboratories
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• Cardinal Health Inc.
• Danaher Corp.
• F. Hoffmann-La Roche Ltd.
• Quidel Corp.
• Siemens Healthineers AG
• Thermo Fisher Scientific Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.