Bilirubin Market Size by Type and Application
Portland, OR -- (SBWire) -- 03/15/2018 --Bilirubin, a brownish yellow pigment of bile, secreted by the liver that gives desired colors to the solid waste products (feces). Bilirubin is produced in liver and bone marrow cells as the end-product of RBCs catabolism. In addition, the amount of bilirubin formed in the body relates directly to the quantity of red-blood cells destroyed. Moreover, lower level of bilirubin causes coronary artery diseases. However, higher level of bilirubin causes jaundice and other hepatic diseases.
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Increase in incidences of coronary artery diseases such as, atherosclerosis, angina pectoris and myocardial infraction, rise in in geriatric population, and increase in awareness about advanced treatment drive the market. In addition, increase in therapeutic applications of bilirubin such as, anti-inflammatory and anti-oxidant growth fuel the bilirubin market. However, bilirubin product associated problems such as, edema in liver and gall bladder, and liver dysfunction is expected to restrain the market. Increase in demand for products such as bilirubin in emerging nation is anticipated to create new opportunities during the forecast period.
The bilirubin market is segmented on the basis of type, application, end users, and geography. Based on type, the market is divided as 90% bilirubin, 95% bilirubin, and other purity. By application, the market is classified as artificial bezoar, medicine industry, and others. By end user, the market is categorized into clinics, hospitals, ambulatory surgical centers, and medical institutes. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
- The study provides an in-depth analysis of the bilirubin market, with current trends and future estimations to elucidate the investment pockets.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- The report offers a quantitative analysis to assist the stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis of different segments facilitates to determine various products available in the market.
- Key players are profiled and their strategies are analyzed thoroughly to predict the competitive market outlook.
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