Pune, India -- (SBWIRE) -- 02/19/2020 -- Global urinalysis test market is registering a substantial CAGR of 7.3% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to the surging diabetic population and increasing awareness among people about healthcare is contributing to market growth.
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled"Global Urinalysis Test Market By Product (Consumables, Instruments), Test Type (Pregnancy & Fertility Tests, Biochemical Urinalysis, Sediment Urinalysis), Application (Disease Screening, Pregnancy & Fertility), End User (Hospitals & Clinics, Diagnostic Laboratories, Home Care Settings, Research Laboratories & Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026",". In this report, Researchers have analyzed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the Qualitative and informative knowledge. The urinalysis test market Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.
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Key Market Competitors:
Few of the major market competitors currently working in the urinalysis test market are Abbott, Medtronic, Siemens, GENERAL ELECTRIC, BD, Thermo Fisher Scientific, 77 Elektronika Kft, Bio-Rad Laboratories Inc., Sysmex Corporation, F. Hoffmann-La Roche Ltd, Cardinal Health, Beckman Coulter Inc., ACON Laboratories Inc., ARKRAY Inc., Penn Medicine Lancaster General Health., BioMaxima SA, Quidel Corporation, Metropolis India, Dr Lal PathLabs and Trinity Biotech among others.
Market Drivers
The Point–of-Care testing demand has risen which drives the market growth
The chronic diseases prevalence has increased which boosts the market growth
The technological innovations and advancements in the medical field has fueled the market growth
The kidney diseases and urinary tract infections prevalence has risen globally which has contributed to market growth
There is a gradual shift towards the sediment analysis which has driven the market growth
Market Restraints
The stringent regulations and compliances restricts the market growth
The inadequacy of skilled professionals in the market hampers the growth of the market
Key Developments in the Market:
In January 2019, Bio-Rad Laboratories Inc. had launched qUAntify Advance Control for the urinalysis testing. It will ensure the quality and precision of the test procedures. This product launch had improved the effectiveness of the test being conducted as well as improved the customer base for the company.
In June 2018, Healthy.io launched a facility of at-home urinalysis testing in the U.K through their app. For this, patients just have to read the instructions and follow it accordingly. The patients have to take the sample and dip the dipstick in it and wait for the change of colors in the dipstick. As soon as the change of color in the dipstick is observed, the picture of the dipstick has to be uploaded via smartphone in the app and then the algorithms of the app will determine that whether the patient requires diagnosis or not. This launch will expand the customer base of the company and will increase the revenues of the company.
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Segmentation: Global Urinalysis Test Market
By Product
(Consumables, Instruments),
Test Type
(Pregnancy & Fertility Tests, Biochemical Urinalysis, Sediment Urinalysis),
Application
(Disease Screening, Pregnancy & Fertility),
End User
(Hospitals & Clinics, Diagnostic Laboratories, Home Care Settings, Research Laboratories & Institutes),
Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Table of Content
01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
Get Full Table Of content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-urinalysis-test-market
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