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Urinalysis Market Estimated At USD 3.07 Billion By 2030

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  San Francisco, 29 Dec 2023:  The Report  Urinalysis Market  Size, Share & Trends Analysis Report By Product (Instruments, Consumables), By Application (Disease Screening, Pregnancy & Fertility Testing), By End-use (Hospitals, Home Care), By Region, And Segment Forecasts, 2023 - 2030 The global urinalysis market size is expected to reach USD 3.07 billion by 2030, expanding at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing incidence of UTI worldwide contributes to market growth. According to a study published by SHEA journal, in 2021, approximately 60% to 70% of urinalyses were being performed in patients without symptoms referable to the Gastrointestinal Tract (GU). Increasing geriatric population and the subsequent increase in age related diseases in developed and developing regions will positively influence urinalysis market growth. According to the World Health Organization (WHO), the geriatric population increased from 1