Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland) and Cardinal Health, Inc. (US) are Leading players in Urinalysis Market
The global urinalysis market is projected to reach USD 5.7 billion by 2027 from USD 3.9 billion in 2022, at a CAGR of 8.1% during the forecast period. Growth in the urinalysis market is mainly driven by factors such as the increase in favorable regulations in diagnostic companies and increased cases of diabetes, urinary tract infections, kindey and liver diseases.
The major players in this market are Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Cardinal Health, Inc. (US), Abbott Laboratories (US), Danaher Corporation (US), Sysmex Corporation (Japan), Thermo Fisher Scientific, Inc. (US), Quidel Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US) and EKF Diagnostics (UK).
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In 2021, Siemens Healthineers AG (Germany) held the leading position in the urinalysis market. The company has maintained a leading position in the market through its strong presence worldwide. The company also adopts inorganic growth strategies to increase its dominance in this market by increasing partnerships. The company has maintained a leading position in the market through its strong presence across the world.
In 2021, F. Hoffmann-La Roche Ltd. (Switzerland) held the second position in the urinalysis market. It has a increased presence in North America, Europe and the Asia Pacific with a strong network and growth strategies and has high product portfolio in urinalysis market and test strips. Roche focuses on increasing R&D with increased investment for innovation. The company has strong presence in North America and its major share comes from US.
Cardinal Health, Inc. (US) held the leading position in the urinalysis market in 2021. Its leading position in this market can be attributed to global manufacturing and supply chain. The company is focused on organic growth strategies. Its leading position in this market can be attributed to its strong R&D investments. The company has strong presence globally due to excellent channel. The company increased its focus on R&D activities to develop unique products compared to its competitors.
Related Reports:
Urinalysis Market by Product (Dipsticks, Pregnancy & Fertility Kits, Reagents, Disposables, Automated, Semi-automated, POC Analyzers), Application (UTI, Diabetes, Kidney Diseases), End User (Hospitals, Labs, Home Care) & Test Type - Global Forecast to 2027
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