Jaundice meter is an instrument used to measures yellow pigment (bilirubin) in skin and other mucous membranes. The bilirubin levels are raised in body due to condition of hyperbilirubinemia, which further results in jaundice. Jaundice meter also called as bilirubinometer is commonly used in neonatal jaundice measurement. It is non-invasive, cost effective, and real-time bilirubin screening device.
Jaundice Meter Market Driver
Advancements in technology for jaundice meters is expected to drive growth of jaundice meter market. For instance, according to American Academy of Pediatrics, August 2017, BiliCam is a smartphone-based non-invasive medical device, which uses on-device camera to monitor yellow discoloration of skin due to excess deposition of bilirubin. Newborn images are collected in a standardized way on the phone. The color (intensity of yellow discoloration) data in the image are used to estimate the bilirubin level.
Jaundice Meter Market Restraint
Serious injuries caused due to misuse of jaundice meter is expected to hamper growth of the jaundice meter market. For instance, in June 2018, Food and Drug Administration (FDA) recalled, Draeger Medical Systems’, Jaundice Meter JM-103 and JM-105 models, as many users misinterpreted display messages for out of range values for bilirubin using such system, which can result in serious injuries such as brain damage.
Jaundice Meter Market – Regional Analysis
On the basis of region, the global jaundice meter market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to witness significant growth in the jaundice meter market attributed to high number of jaundice cases. For instance, according to University of California San Francisco report 2018, Jaundice is a common condition in newborns, affecting 50 percent to 60 percent of full-term babies and 80 percent of premature born in the U.S.
Europe is projected to witness remarkable growth in the jaundice meter market due to increase in development of jaundice meters by key players and collaborations among them. For instance, in 2016, DELTA Medical International, a U.K. based company, received distribution rights for non-invasive jaundice meters of M & B Electronic in U.K. and Ireland. This non-invasive jaundice meter provide instant results for bilirubin levels from blood, with easy handling. Moreover, DELTA Medical International has undergone clinical study in 2017 for Delta Medical International transcutaneous jaundice meter, which reported statistical correlation between the transcutaneous measurements and serum bilirubin tests.
Asia Pacific is estimated to grow at significant rate in the jaundice meter market due to increasing awareness regarding pediatrics and neonatal care. For instance, on 28th world congress on Neonatology and Perinatology is to be held in Japan in May 2019. Conference will be highlighting on latest and exciting innovations, trends, and inventions in fetal and neonatal care. The conference is expected to be an international platform for presenting research regarding diagnosis, prevention and management of neonatal diseases, which in turn can contribute to the improving neonatology and child health.
The key players operating in jaundice meter market include DELTA Medical International, Draeger Medical Systems, Philips N.V., Natus Medical Incorporated, Reichert, Inc., avihealthcare, Northwell Heaslth., Mennen Medical, Beijing M&B Electronic Instruments Limited, and Xuzhou Kejian Hi-tech Co., Ltd.
Jaundice Meter Market – Taxonomy
By Product Type
By End Users
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.