Report ID: SQMIG35A2632
Report ID:
SQMIG35A2632 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
Urinalysis Market size was valued at USD 3.9 billion in 2022 and is poised to grow from USD 4.28 billion in 2023 to USD 8.97 billion by 2031, growing at a CAGR of 9.70% during the forecast period (2024-2031)
As the name suggests, urinalysis is a lab-based test that studies patients’ urine samples to examine and diagnose different health conditions. The global urinalysis market is projected to witness considerable growth backed by growing incidences of chronic illnesses, major technological improvements, and increased inclination towards preventive care. The market is also propelled by the growing cases of kidney diseases, diabetes, and urinary infections that demand regular and reliable urinalysis. Nonetheless, the market is negatively impacted by cultural beliefs and the significant cost of improved technologies. Yet, the market is projected to grow considerably owing to opportunities like improvements in home-based testing kits and modernizations in technology like integration of data analytics and AI.
US Urinalysis Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2632