Urine Cytology Market Trends is Set to Experience Robust Growth in the Coming Years
The Urine cytology market insights and analysis by product, by indication, by end user - global forecast till 2032. The global urine cytology market is growing continuously and expected to grow at a CAGR of 10.20% from 2022 to 2032.
Urine cytology analysis is used to diagnose both cancer and urinary tract infections. This is one of the most important diagnostic procedures for people who experience unexplained blood in the urine, burning, or pain when peeing.
Growing need for technology and diagnostic tools for the diagnosis of chronic diseases, as well as rising cancer and chronic illness rates, are driving market expansion. The market's growth is also aided by the presence of key manufacturers who produce medical equipment. The need for diagnostic testing in hospitals has led to an increase in the number of diagnostic centres around the world. The sector is expanding in part due to the high demand for home healthcare diagnostic services. However, expensive diagnostic methods and competition among the leading industry players limit market expansion.
According to cancer research U.K, 14.1 million of new cancer cases were registered globally which is increasing continuously. Due to the deteriorating lifestyle, smoking, and alcoholism are responsible for increasing prevalence of cancer.
Major Players in Urine Cytology Market
Some of the key players in the global market are ThermoFischer Scientific (U.S.), BD (U.S.), Sigma- Aldrich (U.S.), Severn Biotech Limited (U.K), Bio-Techne (U.S.), Laboratory Corporation of America Holdings (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), and others.
Segmentation
The global urine cytology market trends is segmented on the basis of product, indication, and end user.
On the basis of product, market is segmented into urine cytology instrument, urine cytology kit, and others. Product is further segmented into automated, and manual instrument.
On the basis of indication, the market is segmented into urinary infection, inflammatory disease, cancer, and others. Cancer is further segmented into kidney, bladder, ureter, and urethra.
On the basis of end user, the market is segmented into hospitals & clinics, diagnostic centers, home care, and others.
Regional Analysis
In the Americas, rising prevalence of various types of allergies, arthritis, tendinitis, and others, and rising demand for corticosteroid injection in the U.S. are key driver for the growth of the market. According to survey of National Center for Chronic Disease Prevention and Health Promotion (CDC) in the U.S. every year 7 out of 10 individuals die due to chronic diseases and 86% of healthcare costs in the country. Additionally, increasing demand for diagnostic services, and automated sample processing devices also fuel the growth of the market.
Europe is the second largest market for urine cytology owing to the rising prevalence of cancer in European countries and availability of funds for research and development activities.
The market in Asia Pacific is expected to grow at the fastest pace and is driven increasing healthcare expenditure, and China, and India are the leading countries with increasing prevalence of infectious diseases. Additionally, rising awareness about urine cytology among healthcare provider and patient, increasing demand for diagnostics devices also influence the growth of the market. The key players in the market are now focusing on geographical expansion in developing regions of Asia Pacific.
The Middle East & Africa also show a steady rise in the market owing to high prevalence of chronic diseases, and increasing healthcare expenditure also influences the market growth in the Middle East & African countries. There is an increasing demand for diagnostic services in African countries owing to growing emphasis on women and child healthcare, and rising awareness about diagnosis and treatment of cancer and infectious diseases.
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