The global demand for Bilirubin Blood Test Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A bilirubin blood test is a test done to measure the amount of bilirubin in the blood. Bilirubin is an orange-yellow substance that normally occurs during the process of breaking down red blood cells. Bilirubin is found in bile, fluid in the liver that helps digest food. A bilirubin blood test is done to the diagnosing and monitor and minor liver and bile duct diseases such as hepatitis, jaundice, and gallstones. In this test, the blood sample is taken from your arm through a needle and stored in a tube. This sample is taken to the lab for analysis. And results show measures of two types of bilirubin – Unconjugated and Conjugated bilirubin. Bilirubin levels are higher in newborns. Bilirubin test helps doctors to monitor the bilirubin type and levels of newborns and determine if treatment is necessary.
Market Dynamics
The global bilirubin blood test market is projected to grow at a healthy rate during the forecast period with the rising prevalence of hepatitis in children, increased health care expenditure, and per capita income. The growing demand for bilirubin blood tests due to the incidence of mortality rate owing to neonatal jaundice is expected to drive the market growth. Heavy demand for handheld devices used in the bilirubin blood test will further propel market growth. Market players are launching innovative designs and development for newborn babies. The expanding health consciousness and tests performed for monitoring of bilirubin levels will benefit market growth. The advancements in technology and product enhancements is expected to boost the market. Furthermore, growing cases of haemolytic anaemia, liver cirrhosis, will enhance market share. However, ignorance about this test among masses and lack of skilled professionals be the primary constraints hampering the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of bilirubin blood test. The growth and trends of bilirubin blood test industry provide a holistic approach to this study.
Market Segmentation
This section of the bilirubin blood test market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Test Type
- Total Serum Bilirubin (Tsb)
- Direct/Conjugated Bilirubin Test
- Indirect/Unconjugated Bilirubin Test
By Product Type
- Two Types
- Namely
- Consumables
- Instruments
By Application
By End-Users
- Diagnostics Centers
- Pathological Labs
- Hospitals
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Bilirubin Blood Test market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Bilirubin Blood Test Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bilirubin blood test market include Koninklijke Philips N.V. (Noord-Holland), Beckman Coulter, Inc. (US), Thermo Fisher Scientific Inc. (US), Randox Laboratories Ltd. (UK), Hoffmann-La Roche AG (Switzerland), Drägerwerk AG & Co. KGaA (Germany), Ginevri (Italy), Advanced Instruments (US), Reichert, Inc. (US), Instrumentation Laboratory (US)., AVI Healthcare Pvt. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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