Urinalysis Market: Research on Business Insight and New Industry Trends

Press Release   •   Feb 03, 2016 04:27 EST

The global urinalysis systems market is categorized on the basis of product, test type, application, end user, and region. The urinalysis systems market is expected to reach $1,286 million by 2019 from $892 million in 2014, at a CAGR of 7.6%. The disease diagnostics segment is expected to register the highest growth rate in the urinalysis systems market, by application, during the forecast period. Rising incidence of chronic disease such as diabetes and increasing number of researches conducted to develop new tests using urinalysis for early and better diagnosis of HIV and cancer are driving growth of this market.

Browse 68 market data tables & 88 figures spread through 150 pages and in-depth TOC on "Urinalysis Market" at http://www.reportsnreports.com/reports/354105-urinalysis-market-by-product-dipstick-reagent-urine-analyzer-poc-test-type-biochemical-sediment-microscopic-application-diagnosis-diabetes-uti-kidney-disease-pregnancy-end-user-hospital-research-institute-home-forecast-to-2019.html .

Relatively untapped markets of Asian region and high adoption rate of point-of-care urinalysis devices have opened an array of opportunities for urinalysis systems market. However, the lower adoption rate of fully automated systems in less developed economies and low awareness regarding kidney diseases, diabetes and urinary tract infections in developing economies are expected to restrain the growth of this market. The Asian region and point-of-care devices are expected to serve as new revenue pockets for the urinalysis market in the coming five years.

Implementation of the Affordable Care Act (ACA) in U.S. which necessitates hospitals to perform frequent urinalysis tests to keep a check on hospital acquired infections is a major factor driving urinalysis market. Furthermore, government support in form of funding, increasing incidences of diabetes, colossal pool of elderly population, and technological advancements are other factors driving the growth of this market.

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Apart from comprehensive geographical and product analysis & market sizing, report also provides a competitive landscape that covers growth strategies adopted by key industry players over the last three years. In addition, company profiles comprise product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares. Above mentioned market research data, current market size, and forecasts of the future trends will help key players and new entrants to make necessary decisions regarding product offerings, geographical focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Reasons to Buy the Report:

The report will enrich both established companies as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help them garner a greater market share. Companies purchasing the report can use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following:

  • Market Penetration: Comprehensive information on product portfolios of the top players in the urinalysis market. The report analyzes the urinalysis systems market by product, test type, application, end user, and region
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the urinalysis market
  • Competitive Assessment: In-depth assessment of the market strategies, geographical and business segments, and product portfolios of the leading players in the urinalysis market
  • Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various urinalysis systems products across geographies
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the urinalysis systems market

Key players in the urinalysis market include Alere Inc. (Acon Labs) (U.S.), ARKRAY Inc. (Japan), Bio-Rad (U.S.), Danaher (Iris International) (U.S.), E77 Eletronika (Hungary), Mindray (China), Roche Diagnostics (Switzerland), Siemens Healthcare (Germany), Sysmex (Japan), and Urit Medical (China) amongst others.

Priced at $5650 for a single user PDF, a sample copy of “Urinalysis Market by Product (Dipstick, Reagent, Urine Analyzer, POC), Test Type (Biochemical, Sediment, Microscopic), Application (Diagnosis, Diabetes, UTI, Kidney Disease, Pregnancy), End User (Hospital, Research Institute, Home) - Forecast to 2019research report can be requested at http://www.reportsnreports.com/contacts/requestsample.aspx?name=354105 .

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