Global Urinary Alkalinizer Market Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)

 

Urinary alkalinizer market has significant growth scope and is estimated to be valued at USD 2.8 billion in 2019. The reports forecast the urinary alkalinizer market by agents, end user, and region. It highlights COVID-19 impact on the urinary alkalinizer industry.

 

Description

Global Urinary Alkalinizer Market: by Agents (Cytra-K, Potassium Citrate/Citric Acid, Urocit K, Others), by End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025) 

 

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The urinary alkalinizer market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the urinary alkalinizer industry aspects.

 

Urinary Alkalinizer Market Introduction

 

The urinary alkalinizer market size is USD 2.8 billion in 2019 and expected to register a 6.3% CAGR during the forecast period, 2020-2025. Urinary alkalizers are drugs that reduce the acidity of urine. These medications are mainly used to manage disorders associated with low ph. Urinary alkalizers are used to treat urinary tracts infection symptoms such as frequent urination, pain during urination, and others. The trends in the urinary alkalinizer market are increasing with the advancement in technology in the healthcare sector.

 

Factors Affecting the Urinary Alkalinizer Industry over the Forecast Period 

 

·         The rising prevalence of urinary tract infection (UTI) and kidney diseases raises the demand for urinary alkalinizer across the globe.

·         Increasing the adoption of point-of-care treatment solutions for urinary-related diseases is expected to drive the urinary alkalinizer market's growth over the forecast period.

·         The increasing dependency on an unhealthy diet and lack of physical activity lead to the rise in the demand for urinary infections, offering growth opportunities to the urinary alkalinizer market across the globe.

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Impact of COVID-19 on Urinary Alkalinizer Market

 

The COVID-19 pandemic outbreak has affected the global urinary alkalinizer market, as UTI is one of the post-treatment symptoms noticed in COVID-19 patients. Therefore, the demand for urinary alkalinizer has certainly increased in the treatment of post symptoms of COVID-19. However, the imposition of lockdown in the severely hit economies, such as India, the UK, France, Italy, has decreased hospitals and clinic visits, which has negatively impacted the urinary alkalinizer market in 2020. 

 

Urinary Alkalinizer Market: Scope of the Report

 

The report outlines the global urinary alkalinizer market study based on agent and end user.

 

The urinary alkalinizer market has been segmented based on agent –

 

·         Cytra-K

·         Potassium Citrate/Citric Acid

·         Urocit K

·         Others

 

The urinary alkalinizer market has been segmented based on the end user –

 

·         Hospitals & Clinics

·         Ambulatory Surgical Centers

·         Others (Homecare)

 

Urinary Alkalinizer Market: Regional Outlook

 

Based on the region, the global urinary alkalinizer market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2018, North America held the largest share in the urinary alkalinizer market, followed by the Asia Pacific and Europe. This is due to the well-developed healthcare infrastructure and the rising prevalence of hospital-borne diseases in the region. Moreover, Asia Pacific is expected to project the highest CAGR globally over the forecast period, owing to the rise in hospitals and clinics in the region.

 

Key Urinary Alkalinizer Market Competitors Includes –

 

The urinary alkalinizer market is highly fragmented, with the presence of a large number of small players across the globe. The vital urinary alkalinizer market manufacturers operating in the global market are –

 

·         AB Allcare Biotech

·         Bayer AG

·         Cipla Ltd.

·         Dr. Reddy’s Laboratories

·         Eco Med Life Sciences Pvt Ltd.

·         Estrellas Life Sciences

·         Ethics Healthcare

·         Franklin Laboratories Pvt Ltd.

·         GlaxoSmithKline PLC

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