The Global Jaundice Meter Market Growth Accelerated By Increased Awareness Of Jaundice Treatment

Jaundice meters are medical devices used to detect raised levels of bilirubin in newborns, which can indicate jaundice. They allow for quick and easy testing of bilirubin levels through a non-invasive process. With rising awareness about the dangers of severe jaundice and the importance of timely treatment, the demand for jaundice meters has increased globally.

Market key trends:

One of the key trends driving the growth of the jaundice meter market is the increasing cases of neonatal jaundice worldwide. As per studies, around 60% of newborn infants experience jaundice, making it one of the most common conditions affecting newborns. If left untreated, severe jaundice can result in complications like brain damage. As a result, health authorities across countries are promoting screening of all infants for jaundice before discharge from hospitals. This is increasing the demand for jaundice meters to enable quick and easy jaundice screening. With enhanced awareness and greater focus on neonatal healthcare, this trend is expected to significantly contribute to the expansion of the global jaundice meter market over the forecast period.

Segment Analysis
The global jaundice meter market is dominated by transcutaneous jaundice meters segment. Transcutaneous jaundice meters are non-invasive photometers to measure the level of bilirubin in newborn skin and are dominating the market as these are portable, easy to use, and considered a reliable alternative to blood test method for screening of neonatal jaundice.

Key Takeaways
Global Jaundice Meter Market Size is expected to witness high growth during the forecast period 2023 to 2030. The global Jaundice Meter Market is estimated to be valued at US$ 93.09 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030.
Regional analysis shows that North America is expected to dominate the jaundice meter market during forecast period. Factors such as growing technological advancements, rising prevalence of neonatal jaundice and presence of well-established healthcare infrastructure in North American countries are expected to drive regional market growth.

Key players operating in the jaundice meter market are Aegis Medicals, Refine Medical Technology, Delta Medical International, Micro Lab, M&B, Dräger, Xuzhou Kejian Hi-tech, Natus Medical. Rising global prevalence of neonatal jaundice is leading to growing adoption of advanced jaundice screening devices. Key players are focusing on geographical expansion and new product launches to strengthen their market position. Regulations regarding screening of neonatal jaundice are also fueling adoption of jaundice meters globally.

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