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Global Bilirubin Blood Test Market

July 22, 2018

Global Bilirubin Blood Test Market, By Test Type (Direct/Conjugated Bilirubin Test, Indirect/Unconjugated Bilirubin Test, Total Serum Bilirubin (TSB), By Application (Pediatric, Adults), By Product Type (Consumables, Instruments, Analyzers (Photometric Analyzer, Blood Gas Analyzers), Bilirubinometer (Bench-top, Hand-held), By End User (Hospitals, Pediatric Clinics, Home Healthcare), Region (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa), Global Forecast, 2020-2025.

Report Code :FMR715      
Pages :245 Pages
Format :   PPT Format   PDF Format

The global bilirubin blood test market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020, and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020-2025). When one’s body contains excess level of bilirubin, the skin and the white part of eyeball starts to get yellowish and this condition is termed as jaundice. Due to excess of bilirubin or inflammation of the liver, sometimes liver could not process the bilirubin in the body. The market is estimated to boost due to rise in ubiquity of neonatal jaundice, growing health care spending, and rise in the per capita income.

Table 1. Global BILIRUBIN BLOOD TEST Market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Test Type)

Direct/Conjugated Bilirubin Test, Indirect/Unconjugated Bilirubin Test, Total Serum Bilirubin (TSB)

Market Segmentation (By Application)

Pediatric, Adults

Market Segmentation (By Product Type)

Consumables, Instruments, Analyzers (Photometric Analyzer, Blood Gas Analyzers), Bilirubinometer (Bench-top, Hand-held)

Market Segmentation (By End User)

Hospitals, Pediatric Clinics, Home Healthcare

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East and Africa

Key Players Coverage

Ginevri, Koninklijke Philips N.V. (Noord-Holland), Reichert, Inc., Beckman Coulter, Inc., Randox Laboratories Ltd., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Drägerwerk AG & Co. KGaA, Advanced Instruments, and Instrumentation Laboratory, among others.

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

The global bilirubin blood tests market is forecast to be steering by rise in ubiquity of neonatal jaundice, and growing health care spending.. A study issued in the International Journal of Pediatrics said that neonatal jaundice is the most ordinary indication across the globe, which occurs in up to 60% of babies and 80% of preterm newborns in the first 7 days of life in June 2019. Lofty demand for handheld or portable devices used in this test is estimated to propel the bilirubin blood tests market. For instance, in December 2019, Baebies, Inc., received the CE mark for its product FINDER as an In Vitro Diagnostic device (IVD). FINDER is a near-patient testing platform which requires small amount of blood to execute the Glucose-6-Phosphate Dehydrogenase (G6PD)  test. Moreover, increase in prevalence of diseases such as hemolytic anemia, hepatitis, and liver cirrhosis is anticipated to increase the demand for these tests.

However, absence of awareness and dearth of qualified professionals is likely to hold back the bilirubin blood tests market during the forecast period.

Figure 1. PORTER’S Analysis

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

North America clasps the major portion of the bilirubin blood test market followed by Europe and Asia-Pacific. As the main reason behind the increase of bilirubin blood test market is the growing prevalence of jaundice and liver disease. For instance, in July 2018, nearly 4.5 million adults in the U.S. were diagnosed with liver diseases as per Centers for Disease Control and Prevention (CDC). Hence, with the surging prevalence of jaundice and liver diseases, the demand for bilirubin testing products will certainly rise during the forecast period.

Figure 2. Regional Analysis

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players in the global bilirubin blood test market include: Ginevri, Koninklijke Philips N.V. (Noord-Holland), Reichert, Inc., Beckman Coulter, Inc., Randox Laboratories Ltd., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Drägerwerk AG & Co. KGaA, Advanced Instruments, and Instrumentation Laboratory, among others.

The key strategies of the players in the market is to offer better innovations in the global bilirubin blood test market in order to retain the share in the market. For Instance, in May 2015, Draeger declared the launch of its next-generation Jaundice Meter, JM-105, a non-invasive bilirubinometer that assists patients with fast, more accurate, cost-effective and pain-free jaundice screenings for new born infants. JM-105 can be used on children as young as 35-weeks’ gestational age.

Figure 3. Market Share of Key Players, 2019

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

By Test Type

  • Direct/Conjugated Bilirubin Test
  • Indirect/Unconjugated Bilirubin Test
  • Total Serum Bilirubin (TSB)

By Product Type

  • Consumables
  • Instruments
  • Analyzers
  • Photometric Analyzer
  • Blood Gas Analyzers
  • Bilirubinometer
  • Bench-top
  • Hand-held

 By Application

  • Pediatric
  • Adults

By End Users

  • Hospitals
  • Pediatric Clinics
  • Home Healthcare

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
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Note: This report provides in-depth analysis of the global bilirubin blood test market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global bilirubin blood test market?
  • What key factors are expected to increase the demand for bilirubin blood test market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global bilirubin blood test market?
  • What is the total market value (US$ Mn) generated in global bilirubin blood test market by product type in 2019 and what are the forecasts by 2025?
  • Which application is expected to dominate the bilirubin blood test market in the coming years?
  • Which end user is expected to foster the bilirubin blood test market growth?
  • Which test type contribute highest CAGR (%) in the bilirubin blood test market?
  • What was the total revenue generated by the global bilirubin blood test market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing to the growth of the global bilirubin blood test market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the bilirubin blood test market?
  • What are the major outcomes derived from the Porter’s five forces?
  • What new products are going to be approved or launched in the coming years which may have huge impact on the market?
  • What insights are derived through the analysis of key players on following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?

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