Market Trends of Transcutaneous Bilirubinometers Industry
This section covers the major market trends shaping the Transcutaneous Billirubinometers Market according to our research experts:
Portable Segment is Expected to Witness a Healthy Growth Over the Forecast Period
Portable transcutaneous jaundice meters offer an easy and quick method for ongoing assessment to identify abnormal bilirubin levels. As portable devices are easily movable from one place to another and easy to handle, demand for such devices is increasing. This is expected to contribute to segment growth.
A few portable transcutaneous bilirubin meters are currently being developed for accurate and low-cost bilirubin monitoring. The handheld jaundice detector BM-100 Series, developed in China for transcutaneous jaundice detection, can store multiple patient information at the same time and convert between two measurement units (mg/dL and mol/L).
In addition, according to the 2022 update by Delta Medical International, the MBJ20 jaundice meter is simple to apply and operate, quick, and easy to obtain bilirubin readings with minimal disturbance to the neonate. Also, the product has a compact, ergonomic design that makes it easy to hold, with a display that is easy to read and very convenient to carry. In addition, as per the source above, the use of these portable transcutaneous bilirubinometers helps in determining bilirubin levels instantly and non-invasively by the healthcare professional and the patient both. Thus, due to the availability of such products in the market, the studied segment is anticipated to witness growth over the forecast period.
Asia-Pacific is Expected to Grow at a Fastest Growth Rate Over the Forecast Period
Asia-Pacific holds a significant share of the market, and it is expected to grow at the fastest rate over the analysis period. Owing to increased cases of neonatal jaundice across the countries of the region, the market is expected to witness growth over the forecast period.
During the newborn stage, hyperbilirubinemia-related jaundice is a frequent occurrence. The incidence and prevalence of the disease are increasing among the neonate population in the countries of the Asia-Pacific region, such as China and South Korea, among others. As per an article published in the TP journal, in June 2022, when researchers in China observed the relationship between exposure factors and neonatal hyperbilirubinemia, they concluded that exclusive breastfeeding, G6PD (glucose-6-phosphate dehydrogenase) deficiency, and premature birth are major risk factors for neonatal jaundice in China.
In addition, according to an article published in the BMJ journal in August 2022, when a study was conducted in a public hospital in China, the new mothers were found to have a lack of knowledge about neonatal jaundice, especially breast milk jaundice. Thus, the researchers of the study recommended improving maternal information-seeking behavior about neonatal jaundice in China. Thus, such instances increase the risk of neonatal jaundice incidence in the region, which creates demand for bilirubin tests. As transcutaneous bilirubin tests are a major accomplishment for bilirubin tests, this creates opportunities for the introduction of newer products by the transcutaneous bilirubinometer manufacturers in the region, further fueling the market's growth.
Therefore, owing to these factors, the studied market is expected to witness growth in the Asia-Pacific region over the forecast period.
