PUBLISHER: Allied Market Research | PRODUCT CODE: 1566757
PUBLISHER: Allied Market Research | PRODUCT CODE: 1566757
The urinalysis market was valued at $3.1 billion in 2023, and is projected to reach $6.8 billion by 2033, growing at a CAGR of 8.3% from 2024 to 2033.
Urinalysis is a series of test that involves the examination of urine to detect and manage a wide range of disorders, such as urinary tract infections, diabetes, and kidney diseases. It encompasses both physical and chemical examinations of urine, as well as microscopic analysis of its cellular and particulate components. By analyzing the physical, chemical, and microscopic properties of urine, healthcare providers can assess urine color, clarity, and odor, which can provide initial clues about metabolic disorders.
The growth of the global urinalysis market is majorly driven by high incidence of urinary tract infections (UTIs), especially among women and the elderly, and increase in cases of kidney disorders. According to the National Institute of Health-world's foremost medical research centers-the number of UTI cases increased by 60.40% from 252.25 million in 1990 to 404.61 million in 2019, and this number is expected to increase significantly in the coming future. Furthermore, as per a study published in March 2024 by Lancet-one of the world's highest-impact academic journals-more than 850 million individuals are suffering from kidney disease globally. Moreover, alarming rise in prevalence of diabetes necessitate regular urinalysis for early detection and management, which acts as a key driving force of the global market. In addition, surge in geriatric population notably contributes toward the growth of the market. This is attributed to the fact that the aging population is highly susceptible to various urinary and renal conditions, leading to increased utilization of urinalysis in geriatric healthcare. However, high cost associated with urinalysis hampers the growth of the market. Moreover, lack of appropriate health facilities to meet population needs in most countries and limited access restrain the market growth. On the contrary, integration of AI and ML in digital urinalysis systems is expected to offer remunerative opportunities for the expansion of the market during the forecast period.
The global urinalysis industry segmented into by product, end user, and region. By product, the market is divided into instruments, and consumables. On the basis of application, it is fragmented into disease screening, and pregnancy & fertility testing. Depending on end user, it is segregated into hospitals, clinical laboratories, and home care. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By product, the consumable segment dominated the market share in 2023.
On the basis of application, the disease screening segment exhibited the highest market share in 2023.
Depending on end user, the clinical laboratories segment was the major shareholder in 2023.
Region wise, the market in North America is anticipated to lead the market by 2033.
Competition Analysis
Competitive analysis and profiles of the major players in the global urinalysis market include Abbott Laboratories, Sysmex Corporation, Siemens Healthcare GmbH, ACON Laboratories, Inc., Arkray Inc, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, F. Hoffmann-La Roche Ltd., Quidel Corporation, Thermo Fisher Scientific Inc., and Bio-Rad Laboratories, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to capture maximum share and sustain the intense competition.
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