Bilirubin Market Size Poised for Next Wave of Growth | Forecast by 2019-2026

The bilirubin market size is poised to grow by USD XX.XX million during 2020-2026, progressing at a CAGR of almost XX% during the forecast period. The global market report is equipped with market data from 2019 to 2026. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2026. The detailed sales channel is also covered in the study.

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High prevalence and rising incidence of jaundice in neonatal patients, especially in developing countries, is anticipated to be the key factor driving theglobal bilirubin meter market during forecast period. Around 50% to 70 % of term and 80% of preterm infants develop jaundice in the first week after birth. Increasing demand for non-invasive and reliable techniques for the measurement of total serum bilirubin is likely to boost the demand for transcutaneous bilirubin meter during forecast period. Furthermore, technological advancement in transcutaneous bilirubin meters facilitating more accurate results within short duration of time are anticipated to fuel the bilirubin meter market. However, the high cost of bilirubin meters and shortage of skilled workforce is likely to restrain the bilirubin market in the near future.

The global bilirubin meter market is segregated based on type of bilirubin meter, method, end-user, and geography. Based on type, the bilirubin meter market is segmented into bench top and transcutaneous. The bench top bilirubin accounted for a prominent share of the market in 2016. It is anticipated to lose its market share to transcutaneous bilirubin meter by the end of 2025. The transcutaneous bilirubin market is anticipated to expand at a significant growth rate due to the increase in demand for non-invasive portable, handheld, and more accurate measurements. Based on method, the market is segmented into direct spectrophotometric method, Malloy-Evelyn method, and Jendrassik-Grof method. In terms of end-user, the bilirubin meter market is segregated into hospitals & clinics and academic and research institutes.

Based on geography, the global bilirubin meter market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a prominent share of the market in 2016 due to well-established healthcare facilities and infrastructure and high per capita healthcare expenditure in the region. Europe follows North America in terms of share of the global bilirubin meter market. The market in Asia Pacific is anticipated to expand at a rapid pace during forecast period due to the rapid increase in population of countries such as India, China, Bangladesh, improving healthcare infrastructure, and increasing number of hospitals in the region.

Key players operating in the global bilirubin meter market include Natus Medical Incorporated, Koninklijke Philips N.V. Drägerwerk AG & Co. KGaA, Advanced Instruments Inc., Olidef, Reichert, Inc., GINEVRI srl, Mennen Medical Ltd., Micro Lab Instruments, APEL Co., Ltd., and Löwenstein Medical GmbH & Co. KG.

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Table Of Content

Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER'S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

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