Urinalysis Market Worth 1.91 Billion USD by 2021

PUNE, India, July 29, 2016 /PRNewswire/ --

According to a new market research report "Urinalysis Market by Product Type (Dipstick, Reagent, Analyzers, POC), Test Type (Biochemical, Sediment, Microscopic, Flow-Cytometric), Application (Diabetes, UTI, Kidney, Liver Disease, Pregnancy), End User (Hospitals, Diagnostic Labs) - Forecast to 2021" published by MarketsandMarkets, The global market is expected to reach USD 1.91 Billion by 2021 from USD 1.32 Billion in 2016 at a CAGR of 7.6% from 2016 to 2021.

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Browse 278 market data Tables and 41 Figures spread through 223 Pages and in-depth TOC on "Urinalysis Market"

http://www.marketsandmarkets.com/Market-Reports/urinalysis-systems-market-153479294.html

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Report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Urinalysis Market along with the estimates and forecasts of the revenue and market share analysis. The major factors driving the growth of this market are raising prevalence of kidney diseases and urinary tract infections, implementation of PPACA, technological advancements, increasing adoption rate of point-of-care urinalysis devices, increasing healthcare expenditure and increasing geriatric population.

The reporting segments in this market include product type, test type, applications, and end user. On the basis of product type, the Urinalysis Market is segmented into consumables and instruments. Consumables are expected to account for the largest share of the market due to factors such as wide use of disposables in urinalysis testing and research, the introduction of new and advanced reagents & dipsticks and the utilization of disposables at a larger scale in the market.

On the basis of test type, the Urinalysis Market is segmented into biochemical urinalysis and sediment urinalysis. The biochemical urinalysis segment is expected to account for the largest share of the global Urinalysis Market in 2016. The rapidly growing geriatric population and rising prevalence of kidney diseases and urinary tract infections are the key factors propelling the growth of this market.