Global Bilirubin Blood Test Market 2019-2023 | 8% CAGR Projection over the Next Five Years | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Research?src=hash” target=”_blank”gt;#Researchlt;/agt;–The global bilirubin blood test market is expected to post a CAGR of
nearly 8% during the forecast period 2019-2023, according to the latest
market research report by Technavio.


Drugs damage and reduce the liver’s functioning ability and cause
symptoms like jaundice, itching, abdominal pain, and a tendency to
bruise and bleed. Drugs such as atazanavir and Evotaz increase bilirubin
levels. The atazanavir drug causes the bilirubin levels to increase up
to five times than the normal upper limit. A major percentage of people
show a rise in their bilirubin levels in a laboratory test. To regulate
the bilirubin levels in adult patients, bilirubin blood tests are done
in large numbers. This is expected to drive the growth of the global
bilirubin blood test market during the forecast period.

This market research report on the global
bilirubin blood test market 2019-2023
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period.

In this report, Technavio highlights the increasing demand for hand-held
diagnostic devices market as one of the key emerging trends in the
global bilirubin blood test market.

Global bilirubin blood test market: Increasing
demand for hand-held diagnostic devices

Portable bilirubinometers are compact, single-purpose, and can be used
by laboratory professionals to provide instant analysis of the blood
sample. They eliminate the hassle of packaging and transport, which is
leading to their increased demand over conventional devices. These
devices are useful in checking bilirubin levels in newborns. For
instance, Koninklijke Philips introduced the BiliChek System to assess
the risk of hyperbilirubinemia in infants. The system is compact, has a
rechargeable lithium battery, and is easy to handle. It also features
BiliCal individual calibration tips made of disposable plastic to reduce
the risk of infection. The increasing demand for such hand-held
diagnostic devices with added features will lead to their adoption over
conventional devices.

Several vendors are combining advanced technologies to stay ahead of
the competition. For instance, COBAS INTEGRA 400 plus introduced by F.
Hoffman-La Roche features technologies such as absorbance photometry,
turbidimetry, fluorescence polarimetry, and ion-selective electrode
potentiometry. Similarly, AVI Healthcare offers hand-held transcutaneous
jaundice detector for use in the dynamic clinical examination of
newborns. The device is non-invasive and eliminates the discomfort in
drawing blood. Many such advancements among vendors are expected to
boost global bilirubin blood test market growth over the forecast period
”,
says an analyst at Technavio.

Global bilirubin blood test market:
Segmentation analysis

This market report segments the global bilirubin blood test market by
application (infants and adults) and geography (Asia, Europe, North
America, and ROW).

North America led the market in 2018 with a market share of more than
41%, followed by Europe, Asia, and ROW respectively. The dominance of
North America can be attributed to the high birth rates and the need for
neonatal jaundice test in the first 48 hours after birth.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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