BILIRUBIN COLORIMETER ASSAY MARKET ANALYSIS

Market Challenges And Opportunities

Bilirubin Colorimeter Assay Market Drivers

Bilirubin assay kits are widely used for the diagnosis of liver dysfunction, jaundice, hemolytic Anemia, and metabolic disorders, including hepatitis and gall bladder block. According to the data published by Centers of Disease Control and Prevention in 2018, about 60% of all newborn babies in the U.S. suffer from jaundice, some babies are more likely to have severe jaundice and higher bilirubin levels than others. According to the same source, it was estimated that in 2016, around 4.9 million people in the U.S. were diagnosed with some kind of liver disease.

High incidences of jaundice and liver related diseases is expected to be a major driving force for bilirubin colorimeter assay market growth during the forecast period.

Bilirubin Colorimeter Assay Market Restraint

Low presence of healthcare facilities and healthcare providers who may provide diagnosis test for liver related diseases in emerging economies such as Africa is expected to be a major factor restraining growth of the market.