Global Bilirubin Blood Test
Market Report
2024
the Worldwide Bilirubin Blood Test market size is USD 1625.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the Worldwide Bilirubin Blood Test market size is USD 1625.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Bilirubin Blood Test Market Sales Revenue 2023 | $ 1625.2 Million |
Global Bilirubin Blood Test Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
North America Bilirubin Blood Test Sales Revenue 2023 | $ 650.08 Million |
North America Bilirubin Blood Test Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Europe Bilirubin Blood Test Sales Revenue 2023 | $ 487.56 Million |
Europe Bilirubin Blood Test Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Asia Pacific Bilirubin Blood Test Sales Revenue 2023 | $ 373.8 Million |
Asia Pacific Bilirubin Blood Test Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.5% |
South America Bilirubin Blood Test Sales Revenue 2023 | $ 81.26 Million |
South America Bilirubin Blood Test Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Middle East and Africa Bilirubin Blood Test Sales Revenue 2023 | $ 81.26 Million |
Middle East and Africa Bilirubin Blood Test Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Market Split by Test Type |
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Market Split by End-User |
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Market Split by Product Type |
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Market Split by Age Group |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Bilirubin Blood Test Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
To determine the amount of yellow bilirubin in the blood, a bilirubin blood test is performed as the liver eliminates all of the bilirubin from the body during normal body functioning. When bilirubin levels are elevated, the liver is depleted, leading to several ailments including jaundice and black urine. The market for bilirubin blood tests is expected to grow as a result of the rising incidence of newborn jaundice, rising healthcare costs, and the proliferation of illnesses such as hepatitis, liver cirrhosis, and hemolytic anemia. However, the lack of qualified workers will probably impede the market's expansion. A bilirubin blood test determines how much bilirubin is present in a patient's blood. The yellow substance known as bilirubin is created when red blood cells degrade. Elevated bilirubin levels signify illness or injury to the liver. Tests for bilirubin are used to identify diseases of the liver, anemia, and jaundice. A blood test for elevated bilirubin levels allows us to track the amount of bilirubin in the blood and, consequently, identify issues with it.
(Source:documents1.worldbank.org/curated/en/797601468428690833/pdf/multi0page.pdf)
Preterm birth rates have rapidly climbed worldwide, particularly in emerging nations like India. In several developing nations, medically unjustified inductions and cesarean deliveries before full-term have also increased the rate of premature newborns. Infections, malaria, HIV, and high rates of adolescent pregnancy are the leading causes of preterm deliveries in developing nations.
For instance, The OECD reports that the number of preterm births in Asia is rising. Babies with low birth weights are more likely to experience jaundice, which increases the risk of bilirubin encephalopathy. Throughout the forecast period, the growing number of preterm newborns will spur the adoption of bilirubin testing and propel the growth of the worldwide bilirubin blood test market.
(Source:www.ncbi.nlm.nih.gov/pmc/articles/PMC8873319/)
the frequency of liver illnesses and jaundice is rising as a result of an increase in premature births and bad lifestyles. Over the next five years, these factors are probably going to fuel the market's expansion and raise demand for bilirubin blood tests. Due to the rising incidence of newborn jaundice, several governmental and nonprofit organizations are launching campaigns to raise public awareness of the condition and the advantages of early diagnosis by measuring bilirubin levels.
For instance, Every country's government also devotes financial resources to medical camps that treat a sizable patient population. The percentage of bilirubin blood tests has increased as a result.
(Source:www.ncbi.nlm.nih.gov/pmc/articles/PMC5377560/)
The market for bilirubin blood testing may be seriously threatened by some alternative testing methods that are employed by individuals or organizations other than pathology laboratories or research centers. Non-pathological staff members' tests are unreliable and may produce misleading findings. The lack of sophisticated infrastructure and a trained labor force in emerging nations is a barrier to market expansion. Blood bilirubin testing equipment has to be manufactured and used by qualified nurses and laboratory technicians.
Numerous respiratory issues are being experienced by people as a result of the infectious coronavirus spreading. There is cause for worry since several individuals have reported having elevated bilirubin levels on blood tests. Even yet, the mortality rate from elevated bilirubin levels is not very significant. Programs for research and development are being funded by the government and medical organizations. It will simplify quick diagnosis. Both high and low bilirubin blood tests require laborious sample collection, fluid handling, device packing, and other procedures. It is therefore necessary to devise more efficient methods for doing the bilirubin blood test with the least amount of spoiling.
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Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their Worldwide footprint, with significant market developments including new Material portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. Because of automation and technological advancement, businesses compete fiercely to deliver innovative products.
(Source:www.microlab.co.in/products/bilirubinometer.php)
(Source:ezerx.in/)
Top Companies Market Share in Bilirubin Blood Test Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the Worldwide revenue, owing to the region's factors such as the rising technological advancements in bilirubin blood testing products and product launches, the rising incidence of chronic liver diseases and jaundice, and the presence of favorable insurance coverage.
APAC is the fastest-growing category as there has been a surge in demand for bilirubin blood tests due to factors such as fast urbanization, shifting food patterns, and rising disposable income levels. The considerable incidence of infant jaundice is driving growth in the global market for bilirubin blood testing. The growing prevalence of neonatal jaundice is the main factor driving the baby segment's increase.
The current report Scope analyzes Bilirubin Blood Test Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, the Worldwide Bilirubin Blood Test market size was estimated at USD 1625.2 Million out of which North America held the major market of more than 40% of the Worldwide revenue with market size of USD 650.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030 factors such as the rising technological advancements in bilirubin blood testing products and product launches, the rising incidence of chronic liver diseases and jaundice, and the presence of favorable insurance coverage. According to Cognitive Market Research, instruments hold a prominent market share to measure the amounts of bilirubin in blood samples, equipment like spectrophotometers and analyzers are included in the instruments product sector of the bilirubin blood test market. To evaluate liver function and identify diseases like jaundice, this equipment is crucial in diagnostic labs and medical settings. Technology has an impact on the bilirubin blood test equipment industry. In conclusion, the North American Bilirubin Blood Test market is thriving due to the rising technological advancements in Bilirubin blood testing products and product launches, the rising incidence of chronic liver diseases and jaundice, and the presence of favorable insurance coverage.
According to Cognitive Market Research, with a market value of USD 1625.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 5% from 2023 to 2030, Europe accounted for a share of over 30% of the Worldwide market size of USD 487.56 million due to Strong government measures supporting preventative healthcare, changes in lifestyle that contribute to liver illnesses, and an aging population all have an impact on the European market. According to Cognitive Market Research, Adults are the fastest-growing category over the forecast period, due to growing health-related issues among youth and adults because of bad food habits and shifts in lifestyle. The product is used to quantify the amount of total bilirubin in adults' serum and plasma. Therefore, throughout the projected period, these factors are anticipated to propel the expansion of the infant sector of the worldwide bilirubin blood test market. In conclusion, the European Bilirubin Blood Test market is thriving due to due to Strong government measures supporting preventative healthcare.
According to Cognitive Market Research, the Worldwide Bilirubin Blood Test market size was estimated at USD 1625.2 Million out of which Asia Pacific held the market of more than 23% of the Worldwide revenue with market size of USD 373.8 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030 due to surge in demand for bilirubin blood tests due to factors such as fast urbanization, shifting food patterns, and rising disposable income levels. According to Cognitive Market Research, Pediatric/Infants hold a prominent market share as Neonatal jaundice is often caused by greater amounts of bilirubin in newborns because they have weakened immune systems. The worldwide market for bilirubin blood tests is expanding as a result of the notable occurrence of newborn jaundice. The primary driver of the infant segment's rise is the rising incidence of newborn jaundice. Additionally, a large variety of products are offered by market competitors for newborn bilirubin blood testing. In conclusion, the Asia Pacific Bilirubin Blood Test market shows significant growth due to fast urbanization, shifting food patterns, and rising disposable income levels, with a promising future outlook.
According to Cognitive Market Research, the Worldwide Bilirubin Blood Tests market size was estimated at USD 1625.2 Million out of which the Latin America market of more than 5% of the Worldwide revenue with a market size of USD 81.26 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030 due to increasing Programmes for research and development are being funded by the government and medical organizations. It will simplify quick diagnosis. According to Cognitive Market Research, Clinics are the fastest-growing category over the forecast period due to the growing number of preterm newborns will spur the adoption of bilirubin testing in clinics as well and propel the growth of the worldwide bilirubin blood test market. In conclusion, the Latin American Bilirubin Blood Test market exhibits steady growth, driven by increasing Programmes for research and development being funded by the government and medical organizations, offering a promising sector for cosmetic brands.
According to Cognitive Market Research, the Worldwide Bilirubin Blood Test market size was estimated at USD 1625.2 Million out of which the Middle East and Africa held the major market of more than 3% of the Worldwide revenue with a market size of USD 81.26 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030 due to increased the frequency of liver illnesses and jaundice is rising as a result of an increase in premature births and bad lifestyles. According to Cognitive Market Research, TSB held the major market share over the forecast period as it is essential for diagnosing and tracking liver function. As a result of the breakdown of red blood cells, bilirubin is a vital indicator of liver function. Increased bilirubin levels may be a sign of cirrhosis, hepatitis, or biliary blockage, among other liver diseases. In conclusion, the MEA (Middle East and Africa) Bilirubin Blood Test market exhibits growth potential due to the increase in the frequency of liver illnesses, and jaundice is rising as a result of an increase in premature births and bad lifestyles
Global Bilirubin Blood Test Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bilirubin Blood Test Industry growth. Bilirubin Blood Test market has been segmented with the help of its Test Type, End-User Product Type, and others. Bilirubin Blood Test market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, TSB held the major market share over the forecast period as it is essential for diagnosing and tracking liver function. As a result of the breakdown of red blood cells, bilirubin is a vital indicator of liver function. Increased bilirubin levels may be a sign of cirrhosis, hepatitis, or biliary blockage, among other liver diseases.
Direct/Conjugated Bilirubin Test is the fastest-growing category over the forecast period which is transforming the availability and administration of medical testing and balances the Direct/Conjugated Bilirubin Test. As essential hubs for a variety of medical testing, diagnostic centers give patients and healthcare professionals a single point of entry to a wide range of diagnostic services.
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According to Cognitive Market Research, Hospitals hold a prominent market share mostly because jaundice frequently results in a baby's return following an early discharge. Additionally, it is advised by the American Academy of Paediatrics that all newborns should have a jaundice examination while they are in the hospital.
The Clinics are the fastest-growing category over the forecast period due to the growing number of preterm newborns will spur the adoption of bilirubin testing in clinics as well and propel the growth of the worldwide bilirubin blood test market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, instruments hold a prominent market share To measure the amounts of bilirubin in blood samples, equipment like spectrophotometers and analyzers are included in the instruments product sector of the bilirubin blood test market. To evaluate liver function and identify diseases like jaundice, this equipment is crucial in diagnostic labs and medical settings. Technology has an impact on the bilirubin blood test equipment industry.
The consumables are the fastest-growing category over the forecast period as they are one-time use or disposable materials used in the testing process, which are essential to the gathering, processing, and analysis of samples. Additionally, to improve the performance of consumables, manufacturers are spending money on research and development.
According to Cognitive Market Research, Pediatric/Infants hold a prominent market share as Neonatal jaundice is often caused by greater amounts of bilirubin in newborns because they have weakened immune systems. The worldwide market for bilirubin blood tests is expanding as a result of the notable occurrence of newborn jaundice. The primary driver of the infant segment's rise is the rising incidence of newborn jaundice. Additionally, a large variety of products are offered by market competitors for newborn bilirubin blood testing.
Adults are the fastest-growing category over the forecast period, due to growing health-related issues among youth and adults because of bad food habits and shifts in lifestyle. The product is used to quantify the amount of total bilirubin in adults' serum and plasma. Therefore, throughout the projected period, these factors are anticipated to propel the expansion of the infant sector of the worldwide bilirubin blood test market.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Test Type | Total Serum Bilirubin (Tsb), Direct/Conjugated Bilirubin Test, Indirect/Unconjugated Bilirubin Test |
End-User | Hospitals, Clinics, Others |
Product Type | Consumables, Instruments |
Age Group | Pediatric/Infants, Adults |
List of Competitors | Koninklijke Philips N.V., Beckman Coulter Inc., Thermo Fisher Scientific Inc., Randox Laboratories Ltd., F. Hoffmann-La Roche AG, Drägerwerk AG & Co. KGaA , Ginevri, Advanced Instruments, Reichert Inc., Instrumentation Laboratory, AVI Healthcare Pvt. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Bilirubin Blood Test. Further deep in this chapter, you will be able to review Global Bilirubin Blood Test Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Test Type Analysis 2019 -2031, will provide market size split by Test Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Test Type Analysis 2019 -2031
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Chapter 11 Market Split by End-User Analysis 2019 -2031
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Chapter 12 Market Split by Product Type Analysis 2019 -2031
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Chapter 13 Market Split by Age Group Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Bilirubin Blood Test market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Total Serum Bilirubin (Tsb) have a significant impact on Bilirubin Blood Test market? |
What are the key factors affecting the Total Serum Bilirubin (Tsb) and Direct/Conjugated Bilirubin Test of Bilirubin Blood Test Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Bilirubin Blood Test Market? |
Which region is expected to dominate the global Bilirubin Blood Test Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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