URINALYSIS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)
Urinalysis Market Analysis:
The urinalysis market is anticipated to exhibit a compound annual growth rate (CAGR) of 7.5% during the forecast period. The emergence of the COVID-19 pandemic had a significant impact on the urinalysis market, as healthcare facilities and services were constrained due to social distancing measures. The surge in COVID-19 cases resulted in reduced access to primary care services, leading to a decline in non-COVID-19-related diagnoses, such as urinary tract infections and kidney diseases. For instance, a research article published in the International Journal of Surgery in July 2021 revealed that urological procedures, including urinary tract infections, stress incontinence, overactive bladder (OAB), and neurogenic bladder, were delayed or postponed during the pandemic. Similarly, a study published in the ADIAN Journal in December 2021 reported a decrease in primary care services and diagnoses, including UTIs. The weekly rate of UTI diagnosis per 100,000 population in England fell from an average of 30–35 to less than 10 between March 30 and April 24, 2020. However, with the relaxation of restrictions and a decline in COVID-19 cases, the market has started to recover and is expected to continue its upward trajectory during the forecast period.
The market growth is expected to be driven by the increasing burden of chronic diseases, such as diabetes and chronic kidney diseases, and the growing adoption of point-of-care testing. Urinary tract infection is a common infection that affects any part of the urinary system. According to the International Diabetes Federation (IDF), approximately 537.0 million adults (20–79 years) had diabetes in 2021, and this number is projected to rise to 643.0 million by 2030 and 783.0 million by 2045. The IDF also reports that 3 in 4 adults with diabetes live in low- and middle-income countries, and almost 1 in 2 (240 million) of them are undiagnosed. Diabetes caused 6.7 million deaths in 2021. Urine analysis is an essential test to identify the glucose level in diabetic individuals.
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