Bilirubinometer Market Business Analysis 2022 By CAGR, Share, Revenue And Prominent Key Players To 2028

Precision Business Insights published a research report on “Bilirubinometer Market: By Product type (Portable Bilirubinometer, Benchtop Bilirubinometer), By End User (Hospitals, Clinics, Diagnostic Centers and Others) - Global/Region/Country Forecast to 2028”.

Bilirubin metres are frequently used to determine bilirubin concentrations in serum and blood. Bilirubin, also known as haematoidin, is a yellow chemical found in vertebrates' natural catabolic pathway. Low bilirubin levels are linked to metabolic syndrome, diabetes, and cardiovascular disease symptoms. High bilirubin levels, on the other hand, are connected to hemolysis, hepatitis, jaundice, and the likelihood of bile ducts.

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The rise in occurrences of jaundice as well as hepatitis, particularly in neonates, increases demand for accurate neonatal jaundice diagnostics, which is the key driver driving market expansion. Furthermore, the accuracy of bilirubin metres in disease diagnosis is expected to drive the global bilirubin metres market throughout the forecast period. Discrepancies in Total Serum Bilirubin Measurement are being solved by technological advancements in equipment, and the rising demand for Portable Diagnostic Devices is propelling the market forward. During the projection period, though, the market is expected to be hampered by a lack of product knowledge and inadequate product availability in developing markets. On the other hand, In the world of medicine, non-invasive transcutaneous bilirubin metres are gaining prominence. As a result, the revenue of transcutaneous (hand-held) devices in the bilirubin metres market is expected to expand at an exponential rate. For example, Koninklijke Philips N.V., a Dutch global conglomerate firm based in Amsterdam, is expanding its marketing opportunities for its non-invasive jaundice testing gadget BiliChek. The market for bilirubin metres is expected to increase to US$ 550 million by 2030, because to innovative gadgets. Because of the significant risk of hyperbilirubinemia (new born infant jaundice) in neonates, medtech businesses in the bilirubin metres industry are stepping up their R&D efforts to develop non-invasive transcutaneous bilirubin metres. Because these technologies meet modern challenges of monitoring serum bilirubin levels in patients, non-invasive transcutaneous bilirubin metres are helping manufacturers acquire global reputation. Disposable plastics are used to reduce the danger of illnesses caused by contamination from several patients.

On the basis of Test Type the market is fragmented into Total Serum Bilirubin. On the basis of Product Type, the market is bifurcated into Consumables and Instruments. On the basis of Applications, the market is segregated into Pediatric/Infants and Adults. On the basis of End User, the market is divided into Hospitals and Pediatric Clinics.

North America is predicted to maintain its dominance, while Asia Pacific is expected to grow at the highest rate. The region of the north. Countries in North America, such as the United States and Canada, are taking steps to reduce the frequency of hospital readmissions for paediatric jaundice, such as the creation of the "Calgary jaundice programme." Light reflection is used in the screening programme, which began in 2007 and is used to determine the level of jaundice in newborns. Hospital readmissions for paediatric jaundice have decreased by around 32% since the programme began.

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Some of the major key players in the Bilirubinometer Market are Aegis Medical Innovations, APEL, AVI Healthcare, Beijing M&B Electronic Instruments, Delta Medical International, DAS, Drägerwerk AG

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