QYResearch: Global Jaundice Meter market size will reach about 89.39 Million USD by 2022
A Jaundice meter is an instrument that measure the yellowish pigmentation of the skin and other mucous membranes caused by hyperbilirubinemia (increased levels of bilirubin in the blood). They are broadly utilized in children’s hospitals, baby caring centers all around the world.
According to QYResearch, The large downstream demand for Jaundice Meter has been and still remains fairly stable. Production of Jaundice Meter increased from 30182 Units in 2012 to 46496 Units in 2016 globally.
North America ranks the first in terms of production volume of Jaundice Meter, consists of 39.33% the global market in 2016; Europe and China come the second and the third places, consist of 29.14% and 12.24% of the global market respectively in the same year.
Dräger is the dominator of Jaundice Meter market, occupies 52.63% of the global market share in 2016; While, Natus Medical, with a market share of 3.60%, comes the second; All the other manufacturers together consist of approximately 28.96% of the global market.
In the next five years, the global consumption of Jaundice Meter will show upward tendency further, consumption is expected to be about 70636 Units by 2022. Global Jaundice Meter market size will reach about 89.39 Million USD by 2022, with an average growth rate of 8.53% annually from 2012 to 2017, the average growth rate annually from 2017 to 2022 will be approximately 2.26%. Despite the presence of fierce competition and the trend of price decrease, due to the stable demand，together with the development of the related industries. Investors are quite optimistic about this industry. There will be more new investors entering this field in the near future.
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