The Urinalysis Market is being driven by Rising prevalence of renal diseases and UTIs
The Urinalysis Market is expected to grow at a CAGR of 8.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1485.8 million. In the realm of urinalysis, the conventional use of dipsticks for detecting anomalies in urine samples has been widespread. However, the accuracy of results derived from dipsticks can be questionable. To address this issue, Biosense introduced uChek, an innovative application available on the Apple App Store. uChek assists in the detection of potential urinalysis results, tracking health trends, and interpreting data to aid in managing conditions such as diabetes, UTIs, and pre-eclampsia. Another groundbreaking development comes from Stanford engineers, who engineered a multi-layered system, referred to as the "black box," for loading urine onto dipsticks, enhancing the precision and reliability of urinalysis results.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
222 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.9% |
Market growth 2025-2029 |
USD 1485.8 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
8.0 |
Key countries |
US, Germany, China, Canada, UK, France, India, Brazil, Italy, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The urinalysis market encompasses various applications including urine cytology evaluation, identification of urinary crystals and their types, assessment of renal tubular damage, bladder and prostate cancer screening, pregnancy test results interpretation, diabetes mellitus diagnosis, dehydration indicators detection, liver function assessment, drug metabolism monitoring, electrolyte imbalance identification, urinary infection treatment, kidney failure detection, pre-eclampsia monitoring, renal calculi composition analysis, urine toxicology testing, routine urinalysis protocol adherence, results interpretation, microscopic examination techniques, automated urinalysis systems utilization, data analysis software implementation, quality assurance metrics observation, sample handling guidelines adherence, reference interval charts consultation, clinical decision support integration, and identification of pathological conditions and normal urine constituents.
The global life sciences tools and services market encompasses organizations involved in the research and development (R&D) of various product categories, including capital equipment, instruments, accessories, and consumables for pharmaceutical and biotechnology research, as well as laboratory diagnosis of various diseases. This market also includes life sciences-related services, such as contract research, manufacturing, and sales. According to Technavio, the healthcare industry market size is determined by the collective revenue generated by manufacturers of equipment, supplies, pharmaceuticals, biotechnology, and life science tools and services. Factors driving the expansion of this market include the increasing elderly population, leading to a rise in demand for healthcare solutions, and the growing focus on personalized medicine and diagnostics, which relies heavily on advanced life science tools and techniques such as urine protein quantification, sediment microscopy analysis, renal function indicators, and glomerular filtration rate assessments.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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