Urinalysis is analysis of urine sample to diagnose various conditions such as kidney disorders, liver problems, diabetes or other metabolic conditions, and urinary tract infections. Urinalysis comprises several microscopic, visual, or chemical examinations used to detect cells or substances associated with various conditions listed above.
Dipstick urinalysis is a basic diagnostic tool to determine pathological changes in patient’s urine. Dipstick urine strips comprise various reagents, when the urine sample comes in contact with the stripe the change in color is seen. Urine dipsticks are small strips with plastic coating and different colors of squares are attached to it. Each square of different color represents a factor of test used to understand urinalysis. The color conversion takes approximately some seconds to a few minutes from dipping the strip. The complete test strip is immersed in the urine sample and changes in color are measured. The change in color on specific square shows specific defects in the sample caused by certain chemical reaction. The reference for the color changes is noted from container of urine strip. The color square on the dipstick represents components such as concentration of urine that is specific gravity, pH of urine, and presence of some other components such as ketones, proteins, nitrite, bilirubin, urobilinogen, and blood in urine.
The dipstick urinalysis market has been segmented based on application, end-user, and region. In terms of application, the market has been segmented into disease diagnosis and pregnancy test. The disease diagnosis segment is sub-segmented into urinary tract infections (Utis), kidney diseases, diabetes, liver diseases, and other diseases. Increasing geriatric population and rising prevalence of urinary tract infections are the key factors driving the segment. Increasing prevalence of diabetes is also one of key factors likely to fuel the growth of the segment. The rise in sugar can also be measured by urine test.
Based on end-user, the dipstick urinalysis market has been segmented into hospitals, clinics, diagnostic laboratories, research laboratories and institutes, and home care settings. Dipstick urinalysis is a point-of-care diagnostics tool, which provides quick results. Rising demand for research is expected to fuel the growth of the market during the forecast period. Dipstick test strips are easily available and cost effective. Dipstick urinalysis is easy to handle and hence this method has become the choice of tool for urine analysis and interpretation of disease. The home care settings segment is expected to experience robust growth during the forecast period. Rising patient education and availability of test for home use is anticipated boost growth of the segment.
In terms of region, the global dipstick urinalysis market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe dominate the dipstick urinalysis market. Rising research in the region is the key factor driving the dipstick urinalysis market in North America. Asia Pacific is the most progressive market for dipstick urinalysis. Increasing prevalence of urinary tract infection and kidney disease in the region is likely to boost market growth in Asia Pacific and expected to register highest CAGR. Growing awareness about women’s health in developing countries is the key factor fueling growth of the market.
Major players in the dipstick urinalysis market are Siemens Healthcare, F. Hoffmann-LA Roche Ltd., Danaher Corporation (Beckman Coulter, Inc.), Arkray, Inc., Acon Laboratories, Inc., Bio-Rad Laboratories, Inc., 77 Elektronika Kft., Mindray Medical International Limited, and Urit Medical Electronic Group Co., Ltd., among others. Dipstick urinalysis is a cost effective method and is sensitive in nature. Increasing competition among global and regional players is likely to drive the dipstick urinalysis market during the forecast period.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.