Urinalysis Market Size to Accelerate at a Rapid CAGR of 5.4% from 2016 to 2024
The global urinalysis market is marked by fierce competition among the leading players. Most companies are keen on developing new technology to improve efficiency of test results and reduce time. Another area of research focus for big companies is reduction of cost. These factors are maintaining a competitive spirit in the urinalysis market. Further, key brands are also looking at acquiring smaller and regional players with patented products to expand their global footprint. Some of the prominent companies in the global urinalysis market are Siemens Healthcare, BAYER Healthcare, and F.Hoffman- La Roche Ltd. The top five players in the market alone held 41% of the total share in 2016, analysts said. The global urinalysis market stood at US$ 929.9 mn at the end of 2016. The market is expected to grow at a promising CAGR of 5.4%, and is predicted to attain a total value of US$ 1.5 bn by the end of 2024. Get Sample Report@ https://www.transparencymarket...