Press release
BILIRUBIN BLOOD TEST MARKET 2018 TO PERCEIVE HEIGHTENED GROWTH ALONG WITH EMINENT PLAYERS AS KONINKLIJKE PHILIPS N.V., RANDOX LABORATORIES LIMITED, ETC
Bilirubin Blood Test Market
Bilirubin Blood Test Market - Summary:
Early diagnosis of various diseases has revolutionized the modern healthcare system. It acts like a pillar on which the entire system is balancing itself. Timely detection of ailments can provide the experts with ample opportunities to cure patients. And it has been aptly supported by advancing technologies which by upgrading itself every day is bringing in new methods to simplify the diagnostic process and deliver more accurate results. Market Research Future (MRFR) in a well-studied report claims that this will drive the market towards a significantly high valuation over the forecast period (2016-2027).
The rapid changes in lifestyle have also necessitated mobility and flexibility in the entire diagnostic procedure. Portable or hand-held diagnostic devices are reaping its benefits. These chargeable devices have digital displays which give a more accurate analysis. For instance, Koninklijke Philips N.V. is manufacturing a non-invasive bilirubin measurement device, BiliChek System that is hand-held, easy-to-use and provides precise serum bilirubin levels in the blood.
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Report Overview:
The report covers the latest trends affecting the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts can make highly astute projections. MRFR’s report includes a thorough analysis of the global bilirubin blood test market segmented by test type, product type, application, end-user, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.
Industry Opportunity:
Developing countries are showing a lot of potentials in creating an expansion opportunity for several companies. According to the National Health Accounts estimates Report 2014-15, the total healthcare expenditure in India was estimated to be USD 7237.883 billion for the year 2014-15. This is indicative of the amount being spent in healthcare sector every year in countries such as India and China which also have a huge population base. Companies can inflate their business by investing in this region.
Bilirubin Blood Test Market - Regional Analysis:
Cartographically, the market spans across the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
Comprised of North and South America, the Americas are currently the frontrunner. North America is dominating the region as it has better infrastructure than most of the region and the presence of a more significant number of biotechnology companies are also boosting the market.
Europe is assuming the second spot. Rising number of jaundice cases among infants has spurred technological advancement and the need for early detection. These factors are the chief driving force for the market in the region.
The APAC is the fastest growing region. Its huge population can be considered a factor which coupled with huge investments finding their way in the healthcare segment can drive the market ahead in the foreseeable future.
The MEA contributes the lowest to the market owing to their low economic condition and weak healthcare infrastructure.
Competitive Dashboard:
The market is becoming competitive and key players are considering various strategies to expand their portfolios. Some of the key players in this market are Koninklijke Philips N.V, F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Beckman Coulter, Inc., and Randox Laboratories Ltd.
Koninklijke Philips N.V and F. Hoffmann-La Roche AG have their focus set on product launches and partnerships to enhance their market presence. For instance, in November 2016, Koninklijke Philips N.V launched new IntelliSpace Portal 9.0 that will improve the neurological diagnosis. Their market rival, F. Hoffmann-La Roche AG, in June 2016, launched Cobas e 801 module that can perform up to 1200 tests per hour which will help hospitals and clinics in diagnostic testing.
On the other hand, companies such as Thermo Fisher Scientific Inc. is seeking advancement through mergers, collaboration, and acquisitions. In July 2016, the company announced its partnership with HEALTH BioMed to support the development of molecular diagnostics in China which can be considered exemplary. The same company, in September 2016, acquired the U.K.-based Alfa Aesar and also opened its new global headquarters in Waltham, Massachusetts.
Read full report @ https://www.marketresearchfuture.com/reports/bilirubin-blood-test-market-720
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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