The US home diagnostics for urinary tract infection market is expected to reach US$ 444.91 million by 2027 from US$ 267.44 million in 2019; it is expected to grow at a CAGR of 6.7% from 2020 to 2027.
Factors such as growing UTI prevalence and rising elderly population propel the growth of the market. However, inaccuracy in the results of home UTI screening tests is the major factor hindering the market growth.
A Latest intelligence report published by The Insight Partners with title “US Home Diagnostics for Urinary Tract Infection Market Outlook to 2027. A detailed study accumulated to offer Latest insights about acute features of the US Home Diagnostics for Urinary Tract Infection Market. This report provides a detailed overview of key factors in the US Home Diagnostics for Urinary Tract Infection Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & US reforms and COVID-19 Impact has been conducted to determine future growth prospects in the US market.
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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.
Major Players in US Home Diagnostics for Urinary Tract Infection Market Report Include:
- i-Health, Inc (AZO)
- Hoffmann-La Roche AG (Roche Holding AG)
- Acon Laboratories, Inc.
- Becton Dickinson and Company
- Arkray Inc.
- Abbott Laboratories
- Aytu BioScience, Inc. (Innovus Pharmaceuticals, Inc)
- Teco Diagnostics
- Scanwell Health
US HOME DIAGNOSTICS FOR URINARY TRACT INFECTION MARKET SEGMENTATION
By Form Type
By Distribution Channel
Retail Pharmacies &Drug Store
Women are at a higher risk of developing urinary tract infections than men. These infections can lead to severe pain along with serious effects on kidneys, if left untreated. Urinary tract infections show certain symptoms such as persistent urge to urinate, inflammation, change in appearance of urine, and nausea. According to a study conducted by group of researchers at the American College of Physicians and Infectious Diseases Society of America in 2020, urinary tract infections accounts for an estimated 6 million physician visits each year in the US. According to a study published by NCBI in 2019, urinary tract infections are the most commonly occurring infections among Americans. Additionally, according to the study, ~20% women over age 65 years in the US suffer from urinary tract infections each year. Further, the study concludes that ~50–60% of the adult women are expected to suffer from urinary tract infections at least once in lifetime across the globe. Factors such as sexual activity, poor hygiene, and aging are among the main causes of urinary tract infection. Increasing occurrence of these risk factors is also estimated to drive the home diagnostics for urinary tract infection market growth in the coming years.
In the US, the first confirmed case of COVID-19 infection was reported in January. The COVID-19 pandemic is likely to impact the home diagnostics for the urinary tract infection market growth significantly. The lockdown in the major cities of the countries has had severe impact on the US economies. The flow of trade has reduced dramatically and is likely to continue for the following few years. The focus of the market players has shifted toward the COVID-19 pandemic; therefore, demand for home diagnostics test kits is likely to drop down. However, various companies producing home diagnostics kits have channelized their efforts toward the production of COVID-19 diagnostics kits. For instance, in March 2020, US-based Scanwell Health and myLAB Box launched their latest products, at-home diagnostics services.
In the last section of the report, the companies responsible for increasing the sales in the US Home Diagnostics for Urinary Tract Infection Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the US market and their influence on the future growth of the market have also been presented through this study.
Comprehensive overview of parent market & substitute market
Changing market dynamics in the industry (COVID & Economic Impact Analysis)
In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
Recent industry trends and development activity
Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Points Covered in Table of Content of US Home Diagnostics for Urinary Tract Infection Market:
- Key Takeaways
- Research Methodology
- US Home Diagnostics for Urinary Tract Infection Market Landscape
- US Home Diagnostics for Urinary Tract Infection Market – Key Market Dynamics
- US Home Diagnostics for Urinary Tract Infection Market – Market Analysis
- US Home Diagnostics for Urinary Tract Infection Market – Revenue and Forecasts to 2027 – Product Type
- US Home Diagnostics for Urinary Tract Infection Market – Revenue and Forecasts to 2027 – Application
- US Home Diagnostics for Urinary Tract Infection Market – Revenue and Forecasts to 2027 – Compound
- US Home Diagnostics for Urinary Tract Infection Market Revenue and Forecasts to 2027 – Geographical Analysis
- Industry Landscape
- US Home Diagnostics for Urinary Tract Infection Market, Key Company Profiles
Key questions answered:
Who are the Leading key players and what are their Key Business plans in the US Home Diagnostics for Urinary Tract Infection Market?
What are the key concerns of the five forces analysis of the US Home Diagnostics for Urinary Tract Infection Market?
What are different prospects and threats faced by the dealers in the US Home Diagnostics for Urinary Tract Infection market?
What possible measures players are taking to overcome and stabilize the situation?
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