The management of neonatal jaundice amidst the COVID-19 pandemic has posed unique challenges for healthcare professionals.
Online Follow-up Programs Enable Convenient Monitoring of Neonates amidst COVID-19 Outbreak
The management of neonatal jaundice amidst the COVID-19 pandemic has posed unique challenges for healthcare professionals. Hence, companies in the bilirubin meters market are increasing awareness about online follow-up programs to efficiently manage neonatal jaundice, which helps to reduce the stress on the already vulnerable state of healthcare systems. Since neonatal jaundice is associated with rapid progression in newborn infants, companies in the bilirubin meters market are encouraging healthcare professionals to adopt online follow-up programs that meet requirements of remote healthcare services for individuals, owing to the rampant spread of COVID-19.
Online follow-up programs are aiding in convenient monitoring of bilirubin levels in newborns. Neonates that are at a high risk of hyperbilirubinemia are gaining the focus of doctors who are adopting telehealth services to prevent the progression of bilirubin levels in infants.
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Non-invasive Devices Help in Effective Assessment of Jaundice in Neonates
Non-invasive transcutaneous bilirubin meters are gaining popularity in the healthcare landscape. As such, the revenue of transcutaneous (hand-held) devices is predicted for exponential growth in the bilirubin meters market. For instance, Koninklijke Philips N.V.- a Dutch multinational conglomerate corporation headquartered in Amsterdam, is increasing its marketing potentials to target its device BiliChek for non-invasive jaundice assessment. Innovative devices are contributing for robust growth of the bilirubin meters market, which is estimated to ~US$ 500 Mn by 2030.
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Due to the high risk of hyperbilirubinemia (newborn baby jaundice) in neonates, medtech companies in the bilirubin meters market are increasing their R&D capabilities to introduce non-invasive transcutaneous bilirubin meters. Non-invasive transcutaneous bilirubin meters are helping manufacturers gain global recognition, since these devices meet modern challenges of measuring serum bilirubin levels in patients. The use of disposable plastics in order to decrease the risk of infections due to contamination associated with multiple patient devices is bolstering the credibility of manufacturers.
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Technological Advancements in Devices Overcome Discrepancies in TSB Measurement
The bilirubin meters market is estimated to register a healthy CAGR of ~7% during the forecast period. However, discrepancies in measurement of total serum bilirubin (TSB) using transcutaneous bilirubin (TcB) meters is emerging as a challenge for manufacturers in the bilirubin meters market. It has been found that TcB tends to underestimate TSB in neonates and adults with low melanin and overestimates TSB in individuals with high levels of skin melanin. Hence, medtech companies are increasing their R&D muscle for technological improvements in TcB devices and addressing issues of different racial groups.
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Bilirubin Meters Market: Competition Landscape
- This report profiles major players in the global bilirubin meters market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
- The bilirubin meters market is moderately fragmented, with the presence of numerous large and small players
- Major players operating in the global bilirubin meters market are:
- F. Hoffmann-La Roche Ltd.
- Koninklijke Philips N.V.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Siemens Healthineers AG
- Drägerwerk AG & Co. KGaA
- Zhengzhou Dison Instrument And Meter Co., Ltd
- Mennen Medical Ltd.
- Natus Medical Incorporated
- Ningbo David Medical Device Co., Ltd
- Micro Lab Instruments, APEL Co., Ltd.
- Avihealthcare
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