Global Urease Market Report and Forecast 2024-2032

Global Urease Market Outlook

The global urease market is being aided by the global enzymes market, which reached a value of USD 12.36 billion in 2023. The global enzymes market is further expected to grow at a CAGR of 7% in the forecast period of 2024-2032 to reach a value of around USD 22.63 billion by 2032.

North America to be a Significant Region for the Urease Industry

North America, in particular the United States, has a significant market share in the urease industry due to the rising adoption of the product for clinical research use. The Asia Pacific also presents significant growth opportunities for the market. Countries like India, Korea, and Bhutan showcase large urease usage prospects that are primarily used in the agro-industries as inhibitors. The urease consumption in Latin America in companies including DASA, the popular medical diagnostics company in Brazil, is projected to increase during the forecast period of 2024-2032. Owing to the rising industrial applications and clinical diagnostic tests in the projected period, the global urease industry is expected to show increased trends in the consumption of the product across all major regions.

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Urease: Market Segmentation

Urease is a phosphodiesterase and amidohydrolase class enzyme that catalyses the urea hydrolysis reaction, producing both ammonia and carbon dioxides. Plants, fungi, algae, and yeast are the main source of urease. Urease finds a wide variety of uses in the industry, like in urea test kits as an agent of alcohol. In addition, urease is used extensively in the biosensors needed for the haemodialysis systems.

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Based on source, the urease industry can be divided into the following:

• Plant
  • Jack Beans
  • Soy Beans
  • Others
• Bacterial
• Fungi
• Others

The product finds wide applications in the following sectors:

• Biosensors
• Clinical Chemistry
• Others

The regional markets for urease can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rapid Technological Advancements Bolstering the Market Growth of Urease

The fertiliser sector and clinical needs are expected to drive the growth of the global urease industry in the forecast period. The use of the product in industrial applications, including biosensors is primarily driving the growth of the urease industry. As plant-derived urease leads to less toxicity and almost no side effects, the demand for the product is rapidly increasing. The agricultural and environmentally friendly benefits of urease is projected to fuel the global demand for urease. In addition, a global trend towards the adoption of organic products over synthetic and increased clinical diagnostic consumption are estimated to support the growth of the global market for urease. Owing to these market trends, the industry is likely to witness significant growth in the coming years.

Key Industry Players in the Global Urease Market

The report gives a detailed analysis of the following key players in the global urease market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• BBI Solutions
• Sekisui Diagnostics Limited
• Sisco Research Laboratories Pvt. Ltd.
• Calzyme Laboratories, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

Urease Market Report Snapshots

Urease Market Size

Urease Market Growth

Urease Companies