Urinalysis market growth continues

The global urinalysis market is projected to reach USD 4.6 billion by 2024 from USD 3.2 billion in 2019, at a CAGR of 7.6 percent, estimates MarketsandMarkets. Integrated systems for urinalysis and the emerging economies are expected to provide a wide range of growth opportunities for players in the market, which is driven by growing incidences of UTI and other kidney diseases. The consumables segment dominated this market in 2019. The urinalysis consumables market is segmented into pregnancy and fertility kits, dipsticks, reagents, and disposables. Pregnancy and fertility kits accounted for the largest share of this market in 2019. In 2019, the disease screening segment accounted for the largest market share owing to the fact that urine analysis has become a part of the general checkup in hospitals and clinics.

The urinalysis market in North America is expected to grow at a rapid pace in the coming years. There has been a tremendous increase in the use of urine analysis, and it has become a part of any general health checkup in the past decade. Increasing research activities in the field of urinalysis and growing awareness of personalized medicine have also resulted in the establishment of point-of-care systems. Automated devices have also been installed in large hospitals and laboratories.