Urinalysis Market: Need for Rapid Pregnancy Testing to Drive Market Growth
Posted by Kriti on August 23rd, 2021
[146 Pages Report] The global urinalysis market is projected to reach USD 4.6 billion by 2024 from USD 3.2 billion in 2019, at a CAGR of 7.6% from 2019 to 2024.
Download a PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153479294
The urine analyser market, based on product type, is segmented into consumables and instruments. The consumables segment dominated this market in 2019. The urinalysis consumables market is segmented into pregnancy & fertility kits, dipsticks, reagents, and disposables. Pregnancy and fertility kits accounted for the largest share of this market in 2019. These kits have witnessed wide adoption amongst end users across the globe owing to their cost-effectiveness and ease of use.
Increasing use of urinalysis in disease screening in 2019
Based on application, the urine analysis market is segmented into disease screening and pregnancy and fertility. In 2019, the disease screening segment accounted for the largest market share owing to the fact that urine analysis has become a part of the general check-up in hospitals and clinics. Pregnancy and fertility testing is carried out using the kits available in the market either in home care settings or in clinics.
North America to grow at the highest rate during the forecast period (2019–2024)
The urine test market in North America is expected to grow at a rapid pace in the coming years. There has been a tremendous increase in the use of urine analysis and has become a part of any general health check up in the past decade. Increasing research activities in the field of urinalysis and growing awareness of personalized medicine have also resulted in the establishment point of care systems. Automated devices have also been installed in the large hospitals and laboratories.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Key Market Players:
Like it? Share it!
About the AuthorKriti
Joined: July 3rd, 2019
Articles Posted: 390
More by this author