What is Global Portable Transcutaneous Jaundice Meters Market?
The Global Portable Transcutaneous Jaundice Meters Market is a specialized sector that focuses on the production and distribution of portable transcutaneous jaundice meters. These devices are used to measure bilirubin levels in newborns, which is crucial in diagnosing and monitoring jaundice. The market is global in nature, meaning it encompasses manufacturers, distributors, and consumers from all around the world. The market is driven by various factors such as the increasing prevalence of neonatal jaundice, advancements in technology, and the growing awareness about the importance of early detection and treatment of jaundice. However, it also faces challenges such as high costs of devices and lack of awareness in some regions. Despite these challenges, the market continues to grow and evolve, offering new opportunities for businesses and consumers alike.
Direct Reading Type, Indirect Reading Type in the Global Portable Transcutaneous Jaundice Meters Market:
The Global Portable Transcutaneous Jaundice Meters Market is segmented into two types: Direct Reading Type and Indirect Reading Type. The Direct Reading Type is a device that gives a direct measurement of bilirubin levels in the blood. It is typically used in hospitals and clinics where immediate results are required. On the other hand, the Indirect Reading Type is a device that measures the amount of yellow pigment in the skin and calculates the bilirubin levels. This type of device is commonly used in home settings or in areas where access to medical facilities is limited. Both types have their own advantages and disadvantages, and the choice between the two often depends on the specific needs and circumstances of the user.
Hospital, Community, Family in the Global Portable Transcutaneous Jaundice Meters Market:
The Global Portable Transcutaneous Jaundice Meters Market finds its usage in various areas such as hospitals, communities, and families. In hospitals, these devices are used to monitor the bilirubin levels of newborns and provide immediate treatment if necessary. In communities, these devices are used in health centers and clinics to screen newborns for jaundice. This is especially important in rural and underserved areas where access to hospital care may be limited. In families, these devices are used by parents to monitor their newborns at home. This allows for early detection and treatment of jaundice, which can prevent serious complications and ensure the health and well-being of the baby.
Global Portable Transcutaneous Jaundice Meters Market Outlook:
The market outlook for the Global Portable Transcutaneous Jaundice Meters Market is positive. In 2022, the market was valued at US$ 258 million. This value is expected to increase to US$ 340.4 million by 2029, representing a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period from 2023 to 2029. This growth is driven by various factors such as the increasing prevalence of neonatal jaundice, advancements in technology, and the growing awareness about the importance of early detection and treatment of jaundice. However, the market also faces challenges such as high costs of devices and lack of awareness in some regions. Despite these challenges, the market continues to grow and evolve, offering new opportunities for businesses and consumers alike.
Report Metric | Details |
Report Name | Portable Transcutaneous Jaundice Meters Market |
Accounted market size in 2022 | US$ 258 million |
Forecasted market size in 2029 | US$ 340.4 million |
CAGR | 4.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Dräger, Delta Medical International, Philips, NEST360, Aegis Medicals, Natus Medical, Micro Lab, Heal Force, mbelec, Xuzhou Kejian Hi-tech, Refine Medical Technology, Zhengzhou Dison Instrument And Meter Co., Ltd. |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |