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Bilirubin Meters Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Bilirubin Meters
What Is the Current Bilirubin Meters Market Size and Its Estimated Growth Rate?
The bilirubin meters market has also seen strong growth in recent years. It will expand from $0.53 billion in 2024 to $0.57 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.5%. This growth is attributed to increasing awareness, supportive government policies and programs, a greater preference for home healTH*Care, the aging population, and economic development in emerging markets.
The bilirubin meters market is forecasted to grow to $0.76 billion by 2029 at a CAGR of 7.5%. Growth is attributed to rising neonatal jaundice cases, increased healTH*Care expenditure, and favorable reimbursement policies. Trends include technological innovations in bilirubin meters and point-of-care devices.
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How Are Emerging Segments Shaping the Bilirubin Meters Market Landscape?
The bilirubin meters market covered in this report is segmented -
1) By Product: Transcutaneous Devices, Benchtop
2) By Age Group: Neonates, Adults
3) By Indication: Jaundice, Hepatitis, Other Indications
4) By Application: Hospital, Medical Center, Other Applications
Subsegments:
1) By Transcutaneous Devices: Handheld Transcutaneous Bilirubin Meters, Portable Transcutaneous Bilirubin Meters
2) By Benchtop: Single-Channel Benchtop Bilirubin Meters, Multi-Channel Benchtop Bilirubin Meters
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Which Growth Factors Are Influencing Bilirubin Meters Market Expansion?
The growing prevalence of liver diseases is also expected to drive the bilirubin meter market. Liver diseases, which may result from infections, toxins, or chronic conditions, are on the rise due to factors like obesity and lifestyle choices. Bilirubin meters are used to measure bilirubin levels in patients, aiding in the diagnosis and management of liver dysfunction. According to the UK Office for Health Improvement and Disparities, liver disease-related deaths have remained steady in recent years, with alcoholic liver disease causing 5,776 premature deaths in 2022. The rising incidence of liver diseases is driving the bilirubin meter market.
Who Are the Dominant Players Across Different Bilirubin Meters Market Segments?
Major companies operating in the bilirubin meters market are Hoffmann-La Roche Ltd., Abbott Laboratories, Siemens Healthineers AG, Koninklijke Philips N.V., GE HealTH*Care, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., PerkinElmer, Drägerwerk AG Co., Sysmex Corporation, Konica Minolta Business Solutions Inc., Masimo Corp., Beckman Coulter Inc., Nova Biomedical, Loewenstein Medical UK Ltd., Ningbo David Medical Device Co. Ltd., Reichert Inc., A. Menarini Diagnostics Srl, Mennen Co., Delta Medical International Ltd., AVI HealTH*Care Pvt Ltd., Olidef, Micro Lab Instruments, Aegis Medical Innovations Inc., Medi Waves Inc., Ginevri Srl
What Are the Major Trends Shaping the Bilirubin Meters Market?
Companies in the bilirubin meters market are focusing on developing non-invasive bilirubin meters for easier monitoring. In November 2022, Yishan Medical from China launched the Intelligent Neonatal Transdermal Jaundice Instrument. This compact, light device uses optical detection technology to measure bilirubin levels without blood samples, making it ideal for neonatal jaundice care in medical institutions.
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Which Geographic Regions Are Expected to Dominate the Bilirubin Meters Market in the Coming Years?
North America was the largest region in the bilirubin meters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bilirubin meters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bilirubin Meters Market?
2. What is the CAGR expected in the Bilirubin Meters Market?
3. What Are the Key Innovations Transforming the Bilirubin Meters Industry?
4. Which Region Is Leading the Bilirubin Meters Market?
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