Bilirubinometer Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Bilirubinometer Market: By Product type (Portable Bilirubinometer, Benchtop Bilirubinometer), By End User (Hospitals, Clinics, Diagnostic Centers and Others), and Geography

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Report

Description

Bilirubinometer Market size was valued at USD 110.63 million in 2021 and is expected to reach USD 138.86 million by 2028, at a CAGR of 3.3% during the forecast period 2022-2028. Owing to increase in incidence of pre-hepatic disorders, hepatic disorders, and post-hepatic disorders all over the world. Bilirubinometer helps to determine the bilirubin levels in the body. Excess bilirubin in the body may cause hepatic diseases like jaundice, to prevent those diseases the levels of bilirubin should be maintained. The increase in awareness regarding the hepatic diseases, highly developed medical infrastructure, increase in geriatric population suffering from hepatic diseases across the globe are expected to propel the growth of the market. Additionally, the advancements in the device that measure not only bilirubin but also other components such as haemoglobin, melanin, collagen and strategic collaborations between the market players are expected to enhance the sales of the bilirubinometer market. However the awareness regarding the uses of bilirubinometer and lack of skilled personnel are expected to limit the growth of the market.  The report studies global bilirubinometer market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global bilirubinometer market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global bilirubinometer market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Bilirubinometer Market

MARKET SUMMARY
-
3.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.3%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Bilirubinometer Market

  • The global bilirubinometer market report gives comprehensive outlook on bilirubinometer across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global bilirubinometer market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, end user, and region.
  • Key stakeholders of the global bilirubinometer market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global bilirubinometer products.
Key Players
  • AVI Healthcare
  • Beijing M&B Electronic Instruments
  • Delta Medical International
  • DAS
  • Drägerwerk AG
Bilirubinometer Market

DRIVERS AND RESTRAINTS

Increase in the prevalence of hepatic diseases like jaundice, hepatitis is a key factor drive the global bilirubinometer market. According to National statistics in the UK, liver diseases have been ranked as the fifth most common cause of death in the world. According to National Neonatal-Perinatal Database (NNPD) the cases of increased levels of bilirubin is 3.3% and the occurrence of disease is 22.1%, increasing awareness regarding the early diagnosis of these diseases, the raise in funding for the R&D activities by public and private sectors, increasing applications of bilirubinometer are anticipated to propel the global bilirubinometer market over the forecast years


North-America got Significant Share

Bilirubinometer Market

North America accounted for larger revenue share in global bilirubinometer market with significant CAGR owing to increasing number of research organizations, increase in awareness regarding the early diagnosis of the diseases, presence of leading market players in the region and the presence of extensive medical infrastructure are expected to increase the growth of the market over the forecasted years. Asia Pacific region is expected to grow at a significant growth rate over the forecast years owing to the increasing prevalence of hepatic diseases, increasing diagnostic centers, availability of large patient pool and increasing healthcare awareness.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global bilirubinometer market expanding at significant CAGR over 2022 to 2028 owing to rising prevalence of chronic disorders and rising advancements in technology for the development of new products and drugs
  • Based on product type, portable bilirubinometer accounted for larger market revenue share in 2021 and projected to gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global bilirubinometer market

Key

Features of the Report

Bilirubinometer Market Segmentation


Location

GEOGRAPHY


Report

Company Profile

  • Aegis Medical Innovations
  • APEL
  • AVI Healthcare
  • Beijing M&B Electronic Instruments
  • Delta Medical International
  • DAS
  • Drägerwerk AG
  • GINEVRI
  • MBR Optical Systems
  • Mennen Medical
  • Micro Lab Instruments
  • Philips Healthcare
  • Reichert Technologies
  • Refine Medical Technology

Description

Bilirubinometer Market size was valued at USD 110.63 million in 2021 and is expected to reach USD 138.86 million by 2028, at a CAGR of 3.3% during the forecast period 2022-2028. Owing to increase in incidence of pre-hepatic disorders, hepatic disorders, and post-hepatic disorders all over the world. Bilirubinometer helps to determine the bilirubin levels in the body. Excess bilirubin in the body may cause hepatic diseases like jaundice, to prevent those diseases the levels of bilirubin should be maintained. The increase in awareness regarding the hepatic diseases, highly developed medical infrastructure, increase in geriatric population suffering from hepatic diseases across the globe are expected to propel the growth of the market. Additionally, the advancements in the device that measure not only bilirubin but also other components such as haemoglobin, melanin, collagen and strategic collaborations between the market players are expected to enhance the sales of the bilirubinometer market. However the awareness regarding the uses of bilirubinometer and lack of skilled personnel are expected to limit the growth of the market.  The report studies global bilirubinometer market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global bilirubinometer market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global bilirubinometer market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

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