The 2022 valuation of the worldwide urinary tract infection testing industry stood at an impressive US$ 563.0 Million, with a projected surge to reach US$ 1.1 Billion by 2033. Leading the charge in the testing category, urinalysis tests secured a dominant 48.5% share of the market’s value in 2022. This category is poised for robust growth, expected to maintain a close-to-6.0% compound annual growth rate (CAGR) throughout the forecast period spanning from 2023 to 2033.
According to the Centers for Disease Control and Prevention urinary tract infection surveillance report 2018, an estimated 93,300 morbidity cases were observed in acute care hospitals. Recurrent urinary tract infection is a major health issue in females across the globe.
According to the European Association of Urology, there is an increase in bacterial resistance to antibiotics in the region which leads to more research and development for novel therapeutics. With the latest upcoming techniques, the urinary tract infection testing industry will fuel the growth of the market.
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Urinary Tract Infection Testing: Market Dynamics
Urinary tract infection is expected to register significant growth in the market owing to the rising prevalence of urinary tract infections globally. The increasing geriatric population is another factor that is expected to boost the demand for urinary tract infection testing as the elderly population is at a high risk of contracting the same.
Moreover, patients who use urinary catheters are more likely to contract complicated urinary tract infections. This adds another factor that will spur the growth of the urinary tract infection testing market. Apart from this, manufacturers are currently focusing on developing new imaging techniques for urinary tract infection testing which may drive the growth of the urinary tract infection testing industry.
However, stringent and complex regulatory approvals for new launch of equipment and lack of government funding for research and development in developing countries may restrain the growth of the market.
Urinary Tract Infection Testing Industry: Overview
There has been an increase in the number of urinary tract infection patients across the globe. Urinary tract infection contributes to the second-largest patient pool in the world. Increasing prevalence and demand for better treatment option is likely to foster the growth of the market. The launch of new testing kits and devices will accelerate the growth of the urinary infection testing market.
For instance, in June 2019, MiDOG, LLC announced the launch of a new collection of urine kit and test for the diagnosis of fungal and bacterial pathogens in urinary tract infections of canine. With the launch of new technologies and an increase in several urinary tract infection testing kits and device players, urinary tract infection testing will spur the growth of the market.
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Urinary Tract Infection Testing: Region-wise Outlook
Based on geography, the global urinary tract infection testing market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan and the Middle East & Africa.
North America is expected to anticipate substantial revenue generation in the urinary tract infection testing industry owing to advancements in research and development and, an increase in the launch of new urinary tract infection testing devices and instruments.
Europe also shares significant revenue generation in the urinary tract infection testing market owing to the increase in the adoption of new technologies and improved healthcare infrastructure. Asia Pacific has significant potential to stimulate the growth of the urinary tract infection testing industry due to the increasing prevalence of urinary tract infections and rising awareness about various bacterial infections.
Middle East and Africa have less impact on the urinary tract infection testing market due to poor healthcare infrastructure and less availability of diagnostic procedures which may hinder the growth of the urinary tract infection testing industry.
Urinary Tract Infection Testing Industry: Key Players
Some of the key players present across the value chain of the global urinary tract infection testing industry are Laboratory Corporation of America Holdings, Stryker, PENTAX Medical, Seimens Healthineers, Sysmex Corporation, Cardinal Health, Roche Diagnostics, Arkray Inc, Alere Inc., Streck, Quidel Corporation, Beckman Coulter, Bio-Rad Laboratories, DIRUI, ACON Laboratories, URIT Medical Electronic Ltd.
Urinary Tract Infection Testing Industry: Segmentation
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The global urinary tract infection testing Industry is segmented by test types and end-userr :
Urinary Tract Infection Segmentation by Test :
- Laboratory Test
- Urinalysis urinary tract infection testing
- Urine culture urinary tract infection testing
- Susceptibility of urinary tract infection testing
- Non-laboratory Test
- Kidney and bladder ultrasound urinary tract infection testing
- Nuclear scans urinary tract infection testing
- Cystoscopy urinary tract infection testing
- Voiding cystourethrogram (VCUG) urinary tract infection testing
Urinary Tract Infection Segmentation by End User :
- Hospitals
- Diagnostics Laboratories
- Research Institutes
- Others
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