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Jaundice Meter Market Five Years Forecast Skeleton With Key Companies Draeger Medical Systems, Philips N.V., Natus Medical Incorporated, Reichert, avihealthcare
Advancements in technology for jaundice meters is expected to drive growth of jaundice meter market. For instance, according to American Academy of Pediatrics, August 2017, BiliCam is a smartphone-based non-invasive medical device, which uses on-device camera to monitor yellow discoloration of skin due to excess deposition of bilirubin. Newborn images are collected in a standardized way on the phone. The color (intensity of yellow discoloration) data in the image are used to estimate the bilirubin level.Jaundice Meter Market Restraint
Serious injuries caused due to misuse of jaundice meter is expected to hamper growth of the jaundice meter market. For instance, in June 2018, Food and Drug Administration (FDA) recalled, Draeger Medical Systems’, Jaundice Meter JM-103 and JM-105 models, as many users misinterpreted display messages for out of range values for bilirubin using such system, which can result in serious injuries such as brain damage.
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Jaundice Meter Market – Regional Analysis
On the basis of region, the global jaundice meter market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to witness significant growth in the jaundice meter market attributed to high number of jaundice cases. For instance, according to University of California San Francisco report 2018, Jaundice is a common condition in newborns, affecting 50 percent to 60 percent of full-term babies and 80 percent of premature born in the U.S.
Europe is projected to witness remarkable growth in the jaundice meter market due to increase in development of jaundice meters by key players and collaborations among them. For instance, in 2016, DELTA Medical International, a U.K. based company, received distribution rights for non-invasive jaundice meters of M & B Electronic in U.K. and Ireland. This non-invasive jaundice meter provide instant results for bilirubin levels from blood, with easy handling. Moreover, DELTA Medical International has undergone clinical study in 2017 for Delta Medical International transcutaneous jaundice meter, which reported statistical correlation between the transcutaneous measurements and serum bilirubin tests.
Asia Pacific is estimated to grow at significant rate in the jaundice meter market due to increasing awareness regarding pediatrics and neonatal care. For instance, on 28th world congress on Neonatology and Perinatology is to be held in Japan in May 2019. Conference will be highlighting on latest and exciting innovations, trends, and inventions in fetal and neonatal care. The conference is expected to be an international platform for presenting research regarding diagnosis, prevention and management of neonatal diseases, which in turn can contribute to the improving neonatology and child health.
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