Global POC Urinalysis Market 2018-2022

The global POC urinalysis market is geared to witness a meteoric rise over the coming five years supported by the emerging technologies in POC testing. Wondering how to make the most of this booming POC urinalysis industry? Technavio’s extensive industry research report offers detailed insights that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global POC Urinalysis market. It also examines the competitive landscape and some key POC urinalysis device vendors that include Abbott, BD, and Danaher.

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The global POC urinalysis market is expected to grow at a CAGR of more than 3% during the forecast period

POC urinalysis industry growth is expected to accelerate over the next five years, driven by rising prevalence of nephropathic disorders and UTIs which generates higher demand for various types of urine tests. The increasing prevalence of nephropathic diseases and UTIs are triggered by lifestyle diseases such as obesity, diabetes, and hypertension which makes an adverse impact on the excretion system, including kidney, bladder, and urinary tract. A urinary screening program is recommended as a fundamental element for decreasing the incidence of kidney diseases and UTIs which is expected to fuel the demand for urinalysis test and augment the growth of POC urinalysis market. Technavio's POC urinalysis industry analysis reveals promising markets around the world.

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Americas dominated the global POC urinalysis market by geography

The largest market share in the global POC urinalysis market was held by the Americas, followed by EMEA and APAC. In addition, the Americas are forecasted to continue their dominance over the next five years, owing to high prevalence of kidney diseases and UTIs coupled with rising health consciousness about lifestyle diseases in the region. The Americas will also make the largest contribution of almost 43% to the incremental growth of the market during the forecast period while APAC will register the fastest rate of growth among the three regions.

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Abbott, BD, and Danaher are among the leading POC urinalysis device vendors

The global POC urinalysis market is forecasted to become slightly fragmented during the forecast period owing to the presence of several POC urinalysis device manufacturers who offer POC devices such as urinalysis test systems and urinalysis test consumables. Several POC urinalysis device manufacturers are focused on developing new technologies like lateral flow immunoassay (LFIA) platforms, reflectometry, and automated urine microscopy analyzers. Many established POC urinalysis device manufacturers are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several POC urinalysis device vendors, including:

• Abbott
• BD
• Danaher
• F. Hoffmann-La Roche
• Siemens Healthcare

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