Urinalysis Market

Product Launches-Major Growth Strategies Adopted by Key Players in the Urinalysis Market

The 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% from 2019 to 2024. Urinalysis is a general method used to analyze urine samples to monitor their biochemical content as well as to detect the presence of infectious agents such as bacteria or other solid material such as casts and crystals. Urinalysis is the preliminary screening technique used to detect the presence of UTI, kidney diseases, liver disorders among others. Urinalysis tests are usually carried out in hospitals and clinics as well as in diagnostic laboratories.

The urinalysis market is a highly fragmented market and is dominated by various players offering urinalysis products including the consumables such as dipsticks as well as the analyzers (automated, semi-automated and PoC). The major players operating in this market are Seimens Healthineers (Germany), Roche Diagnostics (Switzerland), Cardinal Health (US), Arkray Inc (Japan), Sysmex Corporation (Japan), Alere Inc. (US), Beckman Coulter (US), Biorad Laboratories (US), 77 Elektronika Kft (Hungary), and DIRUI (China).

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SIEMENS HEALTHINEERS

Siemens Healthineers is the leader in the biochemical urinalysis market. The company offers a robust product portfolio and has a strong geographic presence, which has helped it to maintain its position in the market. Siemens offers automatic and semi-automatic biochemical analyzers, as well as point of care devices and consumables, such as dipsticks. Some of the products offered by the company are CLINITEK Novus Automated Urine Chemistry Analyzers, CLINITEK Atlas Automated Urine Chemistry Analyzers (Carousel), CLINITEK AUWi Systems, and CLINITEK Advantus Urine Chemistry Analyzers. Siemens primarily focuses on developing new and innovative products to expand its product portfolio and address the unmet needs of healthcare providers. It launched the Atellica 1500 automated urinalysis system in 2017.

BECKMAN COULTER, INC.

Beckman Coulter, Inc. is among the leading players in the sediment urinalysis market. The company possesses a strong product portfolio, which comprises various automated and semiautomated urine analyzers and consumables. The company pursues various strategies in order to further enhance its presence and generate a larger market share in this market. For instance, in 2018, Beckman Coulter formed a partnership with ARKRAY Inc., a major player in the urinalysis market to provide integrated urine analyzers, globally. This enabled the company to expand its urinalysis offerings and serve the unmet needs of its customers. The company possesses strong R&D, manufacturing, sales, distribution, service, and administrative facilities in over 50 countries. It has a strong geographic presence with operations in the US, China, Germany, Japan, and Australia.

Related Reports:

Urinalysis Market by Product (Dipsticks, Pregnancy & Fertility Kits, Reagents, Disposables, Automated, Semi-automated, PoC Analyzers), Application (UTI, Diabetes, Pregnancy), End User (Hospital, Labs, Homecare) & Test Type - Global Forecast to 2024

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Report Code
MD 3259
Published ON
Mar, 2019
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