Urinalysis Market to Reach US$ 1,779.9 Million by 2027

 

Urinalysis Market
Urinalysis Market

The rise in the market revenue for urinalysis is largely due to the increased prevalence of kidney diseases, UTIs, and other infections. The market will also grow as a result of recent technological developments in urinalysis. As urinalysis found its greatest application in UTR diagnosis, urinalysis for urinary tract infections (UTI) significantly contributes to the market's growth. The potential for urinalysis was made possible by the rising elderly population.

As a result, end-user applications like hospitals and clinics, diagnostic laboratories, research laboratories and institutes, and home care settings are increasingly adopting urinalysis devices. Additionally, it is used to diagnose a number of metabolic disorders and to find illnesses like urinary bladder cancer, chronic kidney disease, and diabetes. The Urinalysis Market is being supported by new developments like the introduction of efficient, approachable, and technologically sophisticated tools as well as growing technical assistance. During the anticipated period, the aforementioned factors are anticipated to propel the market for urinalysis.

The presence of major market players like Beckman Coulter Inc. (US) and ACON Labs Inc. as well as growing geriatric population and increased investment in the development of advanced urine test products can be attributed to this. An increasing number of people with chronic lifestyle diseases like diabetes are anticipated to fuel Urinalysis Market growth in the Asia-Pacific region.

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