June 27, 2020

Home Diagnostics for Urinary Tract Infection Industry Forecast to 2027

The home diagnostics for urinary tract infection market was valued at US$ 847.85 million in 2019 and is projected to reachUS$ 1,354.02 million by 2027; it is expected to grow at a CAGR of 6.2% during 2020–2027.

Factors driving the growth of the home diagnostics for urinary tract infection market are growing prevalence of urinary tract infections and aging population. However, the lack of product awareness in emerging nations and reluctance of population to utilize the products hinders the growth of the market.

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The urinary tract infection (UTI) is more common among women than in men. The UTI is easy to cure; however, the untreated UTI may lead to a severe health condition. Therefore, there are various diagnostics kits available in the market for UTI. Several diagnostics kits are sold over the counter. The UTI diagnostics works similar to the pregnancy kits; they have a strip, which is held in urine stream for a few seconds or dipping into a sample in a clean cup. The rising cases of UTI among the population are increasing the demand for the home diagnostics kits. Additionally, the awareness regarding kits is likely to influence market growth in the emerging regions.