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Bilirubin Blood Test Market 2022 Growth CAGR of 5.44%, Share, Top Key Players, SWOT Analysis, and Forecast 2030

Report ocean published a new report on the Bilirubin blood test market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.

The Global Bilirubin blood test market was valued at $ 1,091.1 million in 2016 and expected to reach at $ 1,853.2 million by 2022 at a CAGR of 5.44% during the forecast period.

The Centers for Medicare and Medicaid Services data estimates that the U.S. national healthcare expenditure surpassed US$ 4.1 trillion in 2020 and is forecast to reach US$ 6.2 trillion by 2028. According to the Commonwealth Fund, the U.S. expended nearly 17% of gross domestic product (GDP) on healthcare in 2018. Switzerland was the second-highest-ranking country, expending 12.2%. In addition, New Zealand and Australia devote only 9.3%.

According to the U.S. Bureau of Labor Statistics, employment in healthcare fields is forecast to grow 16% from 2020 to 2030, much quicker than the standard for all occupations, counting about 2.6 million new jobs. This estimated growth is mainly due to an elder population, showing to greater demand for healthcare services. The median annual wage for healthcare practitioners and technical fields (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040 in May 2021, which was greater than the median annual wage for all occupations in the economy of US$ 45,760.

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Introduction
The major factors responsible for the growth of global bilirubin blood test market is the high prevalence of neonatal jaundice in newborns and increasing demand for portable/hand-held diagnostic devices. The critical market restraint is testing performed by non-laboratory personnel, among others.

The market is majorly categorized on the basis of test types which is further segmented into total serum bilirubin (TSB), direct/conjugated bilirubin test and indirect/unconjugated bilirubin test. On the basis of product type the market is segmented into analyzers and bilirubinometers. On the basis of applications the market is segmented into Pediatric/Infants and adults. On the basis of end users the market is segmented into hospitals, pediatric clinics and home healthcare and geographic regions. Globally, North America holds the largest market share of global bilirubin blood test market, registering 38.87 % in 2016.
The scope of Global Bilirubin Blood Test market study includes the market value, market size and a detailed analysis of vendor products and strategies.

Key Players
The leading players of the Global Bilirubin Blood Test market are Koninklijke Philips N.V., Beckman Coulter, Inc. (Danaher), Thermo Fisher Scientific Inc., Randox Laboratories Ltd., F. Hoffmann-La Roche AG and others.

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Study Objectives of Bilirubin Blood Test Market Development and Demand Forecast to 2022 Market
? To provide insights about factors, influencing and affecting the market growth
? To provide historically and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries
? To provide historically and forecast revenue of the market segments based on type, and sub-segment for Global Bilirubin Blood Test market
? To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
? To provide economic factors that influence the Global Bilirubin Blood Test market

Target Audience
> Bilirubin Blood Test companies
> Hospitals & Clinics
> Raw Material Suppliers
> Key executive (CEO and COO) and strategy growth manager

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Key Findings
> On the basis of test types, Total Serum Bilirubin (TSB) accounted for the largest market share of 48.19% in 2016.
> On the basis of product types, consumables accounted for the largest market share of 55.59 % in 2016.
> US accounted for the largest market share of 84.46% in 2016, with a market value of USD 358.3 million and is projected to grow at a CAGR of 4.93 % during the forecast period.

The reports also cover country level analysis:
> North America
> US
> Canada
> Europe
> Western Europe
> Germany
> France
> UK
> Italy
> Spain
> Rest of Western Europe
> Eastern Europe
> Asia-Pacific
> China
> Japan
> India
> Republic of Korea
> Rest of Asia-Pacific
> Middle East & Africa

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Table of Content:

  • Market Definition and Overview
  • Research Method and Logic
  • Market Competition Analysis
  • Product and Service Analysis
  • Strategies for Company to Deal with the Impact of COVID-19
  • Market Segment by Type, Historical Data and Market Forecasts
  • Market Segment by Application, Historical Data and Market Forecasts
  • Market by by Region, Historical Data and Market Forecasts
  • Market Dynamic Analysis and Development Suggestions

Available Customization

The following customization options are available for this report:
> Trends for other verticals including retail’ travel’ and hospitality
> Country-specific trends and market analysis
> Rest of the World (RoW) Region-specific market analysis
> Additional company profiles
Apart from the existing market analysis’ Reportocean can also offer a wide array of custom-tailored studies as per the company’s specific needs.

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