Monday, 15 June 2015

Urinalysis Market Segment Forecasts up to 2022, Research Reports


Urinalysis market is witnessing an admirable growth due to high incidence rate of obesity along with chronic diseases such as diabetes, hypertension and chronic kidney diseases.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.


Urinalysis is the examination of urine with respect to physical, chemical and microscopic parameters. It is carried out by collecting a small sample of urine usually 30 to 60 ml in a specimen cup. Urinalysis involves a number of tests in order to detect and determine various components that pass through urine. Urinalysis aid clinicians in diagnosis of various diseases such as urinary tract infection, kidney infection, to evaluate causes of kidney failure, to monitor the progression of some chronic conditions such as hypertension and diabetes mellitus. The parameters that are measured or quantified in urinalysis include several substances and cells, along with other properties, such as specific gravity, osmolality and pH. A detailed quantitative and qualitative analysis is performed under urinalysis. The quantitative analysis involves detection of ions and trace metals, proteins and enzymes, blood cells and other molecules such as glucose, ketone bodies, bilirubin, creatinine ,etc. The qualitative parameters include detection of color, odor, cloudiness, appearance, specific gravity, etc.

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The market for urinalysis can be segmented on the basis of:

Method
  • Urine test strip
  • Microscopic examination
  • Others
Test Type
  • Biochemical Urinalysis
  • Sediment Urinalysis
  • Microscopic Urinalysis
  • Flowcytometric Urinalysis

Application

Disease Diagnosis
  • Urinary Tract Infections (UTIs)
  • Kidney infections
  • Kidney stones
  • Diabetes
  • Hypertension
  • Others (Hepatitis ,Jaundice and Cirrhosis)

Pregnancy Test

Instruments
  • Consumables
  • Dipsticks
  • Reagents
  • Disposables
  • Biochemical Urine Analyzers
Automated Urine Sediment Analyzers
Point-of-care Devices

End User
  • Hospitals and Clinics
  • Diagnostic Laboratories
  • Research Laboratories
  • Home Care Settings
  • Medical institutions

Geographically, the urinalysis market is segmented into four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). In terms of geography, North America is the largest market followed by Europe for urinalysis due to increasing government initiatives, for instance, Affordable Care Act (ACA) in the U.S, the increasing prevalence of chronic diseases, elevated patient awareness levels, favorable reimbursement policies and growing geriatric population. Additionally, demand for urinalysis in the U.S. has increased due to the high incidence of diabetes and hypertension. According to the International Diabetes Federation, 24.4 million people in the U.S. suffered from diabetes in 2013, with a prevalence rate of 10.9%. The Asia Pacific market is also expected to grow at a high rate due to increased government expenditure on healthcare, improving healthcare facilities, technological advancements in medical devices and rising focus of prominent players on the Asia Pacific region.

Overall, Urinalysis market is witnessing an admirable growth due to high incidence rate of obesity along with chronic diseases such as diabetes, hypertension and chronic kidney diseases. Aging population is other major factor for the growth of urinalysis market. The geriatric population requires frequent urinalysis for detection of a variety of age-related diseases. With rising geriatric population, the demand for urinalysis tests will also increase. Technological advancements, together with launch of advanced and new products in the market is also fueling the growth of this market. However, factors such as stringent and varied regulatory environment across globe that delays the launch of product and low adoption rate of fully automated solutions in developing countries might hinder the growth of urinalysis market.


Some of the major players operating in urinalysis market are Alere Inc., ACON Laboratories, Inc., ARKRAY Inc., Bio-Rad, Labomed, Inc., Mindray, Roche Diagnostics, Siemens Healthcare, Sysmex, Teco Diagnostics and Urit Medical.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

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