Market Introduction
The North America Urinalysis market has been segmented into the US, Canada, and Mexico. The US holds the largest share of the North America Urinalysis market. The growth can be attributed to increase in the prevalence of chronic diseases, presence of key market players and extensive R&D conducted by various research laboratories and institutes. In addition, there is also a boom in public healthcare expenditure and an increase in the awareness programs that are further expected to stimulate the growth of the urinalysis market.
Market Overview and Dynamics
The urinalysis market in North America is expected to grow from US$ 1,432.01 million in 2021 to US$ 2,129.13 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028. The urinalysis market is characterized by the presence of various small and big companies. The market players are adopting the strategies such as new product launches, regional expansions, and technological advancements to expand their market share. Rising demand for rapid tests, point-of-care (PoC) testing, and portable instruments are encouraging new product launches in the urinalysis market. The PoC testing enables rapid results in non-laboratory settings, along with boosting productivity.
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Key Market Segments
North America urinalysis market is segmented into product, test type, application, end user, and country. Based on product, the North America urinalysis market is segmented into consumables and instruments. The consumables segment is expected to hold a larger market share in 2021. The North America urinalysis market, based on test type, is segmented into pregnancy and fertility tests, biochemical urinalysis, and sediment urinalysis. The biochemical urinalysis segment would hold the largest share of the market in 2021.
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Market leaders and key company profiles
- Abbott
- ACON Laboratories, Inc.
- ARKRAY, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories Inc.
- Cardinal Health Inc
- F. Hoffmann-La Roche Ltd.
- Quidel Corporation
- Siemens Healthineers AG
- Sysmex Corporation
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