Global Neonatal Jaundice Meter Market Report By Product Type (Portable, Bench-top), By End-user (Hospitals, Homecare, Other) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Neonatal Jaundice Meter Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.

A neonatal jaundice meter, also known as a transcutaneous bilirubin meter or TcB meter, is a medical device used to measure the level of bilirubin in a newborn baby's skin. Bilirubin, produced when red blood cells break, is normally processed by the liver and is excreted out of the body through the stool. A neonatal jaundice meter measures the bilirubin level in the skin by shining a light on the baby's skin and detecting the amount of light that is absorbed and reflected. This non-invasive and painless test can help doctors determine whether a baby needs treatment for jaundice.

Market Dynamics

Neonatal jaundice is a common newborn condition in which up to 60% of full-term infants and 80% of premature infants are affected. The occurrence rate is scaling up the demand for neonatal jaundice meters to accurately diagnose and monitor this condition. The use of more accurate and user-friendly neonatal jaundice meters is driving the demand in the market. For example, some devices now use multiple wavelengths of light to improve accuracy, while others have wireless connectivity and cloud-based data storage. There is growing awareness among parents and healthcare providers about early detection and treatment of neonatal jaundice to prevent complications. This is driving demand for neonatal jaundice meters that can provide quick and accurate results. The neonatal jaundice meter market is also being driven by the growing demand for healthcare services in emerging markets of Asia and Africa. These regions have high birth rates and a growing middle class, which is increasing the demand for neonatal jaundice meters. Many governments are implementing policies and initiatives aimed at improving maternal and child healthcare, including the prevention and treatment of neonatal jaundice. This is creating a favourable regulatory environment for the neonatal jaundice meter market.

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 neonatal jaundice meter. The growth and trends of neonatal jaundice meter industry provide a holistic approach to this study. 

Market Segmentation

This section of the neonatal jaundice meter 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 Product Type

• Portable
• Bench-Top

By End-User

• Hospitals
• Homecare
• Other

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Neonatal Jaundice Meter 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 Neonatal Jaundice Meter 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 neonatal jaundice meter market include Dräger, Delta Medical International, Xuzhou Kejian Hi-tech, Aegis Medicals, Natus Medical, Refine Medical Technology, MandB, Micro Lab. 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.