According to the new market research report "Urinalysis Systems Market” is expected to reach USD 1.91 Billion by 2021 from USD 1.32 Billion in 2016 at a CAGR of 7.6% from 2016 to 2021.
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The major factors driving the growth of this market are rising prevalence of kidney diseases and urinary tract infections, implementation of PPACA, technological advancements, increasing adoption rate of point-of-care urinalysis devices, increasing healthcare expenditure and increasing geriatric population.
· On the basis of product type, the Urinalysis Systems Market is segmented into consumables and instruments. Consumables are expected to account for the largest share of the market due to factors such as wide use of disposables in urinalysis testing and research, the introduction of new and advanced reagents & dipsticks and the utilization of disposables at a larger scale in the market.
· On the basis of test type, the Urinalysis Systems Market is segmented into biochemical urinalysis and sediment urinalysis. The biochemical urinalysis segment is expected to account for the largest share of the global Urinalysis Systems Market in 2016. The rapidly growing geriatric population and rising prevalence of kidney diseases and urinary tract infections are the key factors propelling the growth of this market.
· On the basis of end user, the Urinalysis Systems Market includes hospitals and clinical laboratories, diagnostics laboratory, research laboratories and institutes and home care settings. The hospitals and clinical laboratories segment is expected to account for the largest share of the global Urinalysis Systems Market in 2016. Extensive use of dipsticks by hospitals and clinical laboratories is the major factors driving the growth of this market.
· Based on applications, the global Urinalysis Systems Market is segmented into disease diagnostics and pregnancy tests. Disease diagnostics segment is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by the factors such as advancement in the development of new urinalysis tests for better and early diagnosis of chronic diseases.
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Asia segment is expected to grow at the highest CAGR during the forecast period. Growth in this segment is driven by the factors such as rising demand for urine testing products, increasing healthcare expenditure, rising prevalence of diabetes, and growing geriatric population are driving the growth of the Urinalysis Systems Market in this region.
The key players in the Urinalysis Systems Market include Beckman Coulter (U.S.), Roche Diagnostics (Switzerland), Siemens AG (Germany), Sysmex (Japan) and Arkray, Inc. (Japan).
Target Audience for this Report:
· Urinalysis Product Manufacturers
· Urinalysis Associations
· Research and Consulting Firms
· Distributors of Urinalysis Products
· Contract Manufacturers of Global Urinalysis Products
· Healthcare Institutes (Hospitals, Medical Schools, Diagnostic Centers, and Outpatient Clinics)
· Research Institutes and Clinical Research Organizations (CROs)
· Venture Capitalists
· Insurance Providers (Payers)
· Government Bodies
Get 278 market data Tables and 41 Figures spread through 223 Pages and in-depth TOC on "Urinalysis Systems Market- Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/urinalysis-systems-market-153479294.html
The major factors driving the growth of this market are rising prevalence of kidney diseases and urinary tract infections, implementation of PPACA, technological advancements, increasing adoption rate of point-of-care urinalysis devices, increasing healthcare expenditure and increasing geriatric population.
· On the basis of product type, the Urinalysis Systems Market is segmented into consumables and instruments. Consumables are expected to account for the largest share of the market due to factors such as wide use of disposables in urinalysis testing and research, the introduction of new and advanced reagents & dipsticks and the utilization of disposables at a larger scale in the market.
· On the basis of test type, the Urinalysis Systems Market is segmented into biochemical urinalysis and sediment urinalysis. The biochemical urinalysis segment is expected to account for the largest share of the global Urinalysis Systems Market in 2016. The rapidly growing geriatric population and rising prevalence of kidney diseases and urinary tract infections are the key factors propelling the growth of this market.
· On the basis of end user, the Urinalysis Systems Market includes hospitals and clinical laboratories, diagnostics laboratory, research laboratories and institutes and home care settings. The hospitals and clinical laboratories segment is expected to account for the largest share of the global Urinalysis Systems Market in 2016. Extensive use of dipsticks by hospitals and clinical laboratories is the major factors driving the growth of this market.
· Based on applications, the global Urinalysis Systems Market is segmented into disease diagnostics and pregnancy tests. Disease diagnostics segment is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by the factors such as advancement in the development of new urinalysis tests for better and early diagnosis of chronic diseases.
Download Free Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=153479294
Asia segment is expected to grow at the highest CAGR during the forecast period. Growth in this segment is driven by the factors such as rising demand for urine testing products, increasing healthcare expenditure, rising prevalence of diabetes, and growing geriatric population are driving the growth of the Urinalysis Systems Market in this region.
The key players in the Urinalysis Systems Market include Beckman Coulter (U.S.), Roche Diagnostics (Switzerland), Siemens AG (Germany), Sysmex (Japan) and Arkray, Inc. (Japan).
Target Audience for this Report:
· Urinalysis Product Manufacturers
· Urinalysis Associations
· Research and Consulting Firms
· Distributors of Urinalysis Products
· Contract Manufacturers of Global Urinalysis Products
· Healthcare Institutes (Hospitals, Medical Schools, Diagnostic Centers, and Outpatient Clinics)
· Research Institutes and Clinical Research Organizations (CROs)
· Venture Capitalists
· Insurance Providers (Payers)
· Government Bodies
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