About Bilirubin Blood Test
The bilirubin blood test measures the levels of bilirubin in the blood. It is used to check the health of an individual’s liver Bilirubin is a yellowish substance made during the body's normal process of breaking down red blood cells. To identify symptoms such as jaundice, dark urine, or stomach pain bilirubin blood test is used. It is also used to find out the blockage in the structures that carry bile from an individual’s liver.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
The companies are involved in the testing and development of new bilirubin blood testing equipment and techniques. They form joint ventures, mergers, and acquisitions to launch new devices. Their primary goal is to provide devices that are cost-effective, easy to use, and produce tangible results.The Players having a strong hold in the market are Philips, Drägerwerk AG & Co. KGaA, and Konica Minolta. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Bilirubin Blood Test market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Philips (Netherlands), Drägerwerk AG & Co. KGaA (Germany), Konica Minolta (Japan), Natus Medical Incorporated (United States), APEL Co.,Ltd. (Japan), AMETEK, Inc. (United States), Mennen Medical Ltd. (United States), Advanced Instruments (United States), GINEVRI srl (Italy) and AVI Healthcare Pvt Ltd (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Beijing M&B (China), Kejian Hi-tech (China) and Micro Lab (India).
Segmentation Overview
AMA Research has segmented the market of Global Bilirubin Blood Test market by Type (Transcutaneous and Bench-top), Application (Disease Diagnose, Blood Routine Analysis, Disease Prevention and Others) and Region.
On the basis of geography, the market of Bilirubin Blood Test has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Hospital will boost the Bilirubin Blood Test market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Serum Bilirubin has an Important Role in Multiple Clinical Applications
Market Growth Drivers:
Bilirubin is found in the newborn babes is driving the global bilirubin blood test market., The test is also normally used to help diagnose newborn jaundice., Many healthy babies get jaundice because their livers aren't mature enough to get rid of enough bilirubin. and Newborn jaundice is usually harmless and clears up within a few weeks. But in some cases, high bilirubin levels can lead to brain damage, so infants are often tested as a precaution.
Challenges:
Transdermal bilirubin meters are composed of components such as patch, scanner, battery, receiver and transmitter, and the integration of advanced technologies further increases the cost of the system.
Restraints:
High Cost Involved in the Liver Function Tests like Bilirubin Blood Test and Difficulties in Determining the Type of Disease and Possible Causes
Opportunities:
Raising Awareness about the Liver Diseases will Boost the Bilirubin Blood Test Market and Technological Advancements in Bilirubin Blood Test Equipments and Diagnosis
Market Leaders and their expansionary development strategies
In December 2023, The Indian Institute of Technology Kanpur (IIT-K) has signed a Memorandum of Understanding (MoU) with Sensa Core Medical Instrumentation for mass manufacturing and sales of a novel point-of-care technology developed at the institute for rapid analysis of bilirubin in human blood/serum along with its three variants.
In December 2023, A new non-invasive way to test jaundice in babies is being introduced today at Walsall Healthcare NHS Trust. Jaundice is one of the most common conditions that can affect newborn babies and is usually harmless. It causes yellowing of the skin and the whites of the eyes.
The Food and Drug Administration said that the manufacturers Endo Pharmaceuticals Inc., and Novartis Consumer Health Inc., had revised the “hepatic effects” section of the diclofenac topical gel label to include new warnings and precautions about the potential for elevated liver function tests (LFTs) during treatment. The revised label both recommend that clinicians should periodically measure transaminase levels in patients taking diclofenac long-term. While the optimum schedule for checking transaminase levels is unknown, clinical trial data and postmarketing experience indicate that levels should be monitored within 4–8 weeks after initiating treatment, according to the FDA notice.
Key Target Audience
Bilirubin Blood Test Providers, Bilirubinometer Manufacturers, Healthcare Research Center, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.