Urinalysis Market by Product (Dipsticks, Pregnancy & Fertility Kits, Reagents, Disposables, Automated, Semi-automated, POC Analyzers), Application (UTI, Diabetes, Kidney Diseases), End User (Hospitals, Labs, Homecare) & Test Type- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Urinalysis market gathered revenue around USD 2.9 Billion in 2020 and market is set to grow USD 7.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 9.2% during the prediction period 2021 to 2027.

Urinalysis Market Size 2020 to 2027

Growth Factors:

The market  extent of the target diseases, such as kidney diseases, UTI and diabetes, is large, with millions of new cases every year. Urinalysis is employed as the principal diagnostic tool for the analysis and management of these diseases. The vast base of the target population and the recognized high, unmet clinical demands in the under-developed regions offer the market a large pool of potential growth possibilities. The advancement of diagnostic tools that can respond to these unmet clinical demands at an affordable price is necessary to capitalize on these opportunities.

In order to identify and manage wide range of disorders like urinary tract infections, kidney disease and diabetes, Urinalysis is majorly utilized across the globe. It involves an analysis of the content of urine, appearance and concentration of the urine. There is a huge demand for precise urinalysis tests as an inaccurate outcome may result in severe diseases. Urinalysis is primarily applied in order to analyze the particulate matter, cells, organisms, casts, particular physical properties, crystals and solutes. It provides a basis for medical examination. Urinalysis word is a combination of the words urine and analysis. Urinalysis constitutes two levels, including urine electrolyte and culture of urine. Urinalysis constitutes three parts i.e. gross examination, chemical evaluation and microscopic examination. The gross examination is utilized to evaluate several characteristics that involve odor, color, transparency, specific gravity and volume. Also, urine strips are used in order to get the urinalysis results that can be analyzed according to the changes in color.

Moreover, the increasing prevalence of inactive lifestyles in people fuels the pandemic in many regions. Nevertheless, the lack of sufficient healthcare foundation in low-income nations is a major obstacle in adopting the most advanced diagnostic tools for urinalysis. The increasing demand for accurate and fast diagnosis along with improved ease-of-use are contributing factors in order to cater to the demand in the regions. The implementation of PPACA, increasing prevalence of kidney diseases, and rising geriatric population are factors driving the growth of the urinalysis market. Though, stringent regulatory procedures and implementation of excise tax by the U.S. government are factors hampering the growth of the market. Integrated systems & urinalysis via smartphones and technological advancement present opportunities in the market.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Urinalysis market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Urinalysis market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

Report Scope Details
Market Size USD 7.2 Billion by 2027
Growth Rate CAGR of 9.2% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Historic Data 2017 to 2020
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Product, test type, application, end user, and region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Siemens Healthineers AG, F. Hoffmann-La Roche Ltd., Cardinal Health, Inc., Abbott Laboratories, Danaher Corporation, Sysmex Corporation, Quidel Corporation, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc. , EKF Diagnostics, Thermo Fisher Scientific Inc., ARKRAY, Inc., ACON Laboratories, Inc.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Urinalysis market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Regional analysis:

North America dominated the overall urinalysis market in 2020. The major driver identified for the large market share includes presence of key market players in the region such as Alere, Inc., Siemens Healthcare, Bio-Rad, and Beckman Coulter. Moreover, introduction of the automated urine sediment analyzers such as digital flow morphology (digital imaging) & fluorescence flow cytometry coupled with high healthcare expenditure in this region which is around 20% of the GDP responsible for the high growth potential of this market.

Asia Pacific is expected to witness the fastest growth with a CAGR of around 10% during the forecast period. The increasing penetration rate of advanced urine analyzers, the presence of local urine analyzer manufacturers, such as Mindray and Urit medical, and a large base of the target population with unmet clinical needs are expected to reinforce the market growth over the forecast period.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Urinalysis Market include:  Siemens Healthineers AG, F. Hoffmann-La Roche Ltd., Cardinal Health, Inc., Abbott Laboratories, Danaher Corporation, Sysmex Corporation, Quidel Corporation, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc. , EKF Diagnostics, Thermo Fisher Scientific Inc., ARKRAY, Inc., ACON Laboratories, Inc., 77 Elektronika Kft., URIT Medical Electronic Group Co., Ltd., Dirui Industrial Co., Ltd.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

By Product

  • Consumables
    • Pregnancy & Fertility Kits
    • Dipsticks
    • Disposables
    • Reagents
  • Instruments
    • Automated Urine Analyzers
      • Biochemical Urine Analyzers
        • Sediment Urine Analyzers
        • Microscopy Analyzers
      • Flow Cytometry Analyzers
      • Integrated Urine Analyzers
    • Semi-automated Urine Analyzers
    • Point-of-Care Urine Analyzers

By Test Type

  • Pregnancy & Fertility Tests
  • Biochemical Urinalysis
    • Laboratory Tests
    • POC Tests
  • Sediment Urinalysis

By Application

  • Disease Screening
    • Urinary Tract Infections
    • Kidney Diseases
    • Diabetes
    • Liver Diseases
    • Other Disease Screening Applications
  • Pregnancy and Fertility

By End User

  • Diagnostic Laboratories
  • Hospitals and Clinics
  • Home Care Settings
  • Research Laboratories & Institutes

By Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Urinalysis market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Urinalysis market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Urinalysis markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Urinalysis market Study:

  • Growth of Urinalysis in 2021
  • Market Estimates and Forecasts (2017-2027)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •  Recommendation on Key Winning Strategies
  •  COVID-19 Impact on Demand for Urinalysis and How to Navigate
  •  Key Product Innovations and Regulatory Climate
  •  Urinalysis Consumption Analysis
  •  Urinalysis Production Analysis
  •  Urinalysis and Management