The Global Newborn Screening Market is forecasted to reach USD 2.27 Billion by 2027, according to a new report by Emergen Research. Newborn screening tests in infants check for developmental, metabolic, and genetic abnormalities. Newborn screening includes more than 30 illnesses and conditions. Additionally, various governmental and non-profit agencies are primarily focusing on providing quality fetal and maternal care. Besides, the industry is expected to experience a boost in demand due to the involvement of federal bodies involved in coordinating awareness and quality control programs to imbibe confidence and low the number of deaths caused by negligence and non-screening.

The report also provides an analysis of how efficient is the company to achieve the set targets. The research report is compiled using customer insights, marketing strategies, competitive landscape analysis, and overall growth trend of the market. The Newborn Screening industry is observing dynamic changed with several new players entering the market.The competitive landscape data is provided by SWOT analysis of each market player along with feasibility analysis, investment return analysis, and Porter’s Five Forces analysis. The dominant and slow growing market segments are also analyzed in the report to provide a complete understanding of each key segment of the market.

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Key Highlights From The Report

• Based on the technology, electrophoresis generated a revenue of USD 0.15 billion in 2019 and is predicted to rise with a CAGR of 11.1% in the forecast period owing to the increasing demand and new detection techniques that assist in recognition of amino acids, carnitine conjugates, and other compounds.
• The assay kits are expected to grow with a CAGR of 10.4% in the forecasted period, attributable to its wide variety of classes such as enzymatic assay kits, DNA assay kits, immunoassay kits, and others of which immunoassay is a process-oriented used in the screening.
• The dry blood spot test application is the major contributor to the Newborn Screening Market. The dry blood spot test application of the North America region is the major shareholder of the market and held around 43.1% of the market in the year 2019.
• Key participants include Bio-Rad Laboratories Inc., Agilent Technologies Inc., Trivitron Healthcare, Natus Medical Inc., PerkinElmer Inc., AB Sciex LLC, Covidien Plc, Masimo Corp., GE Healthcare, and Waters Corp., among others.

Newborn Screening Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global Newborn Screening Market on the basis of Technology, Product, Application, and region:

• Technology Outlook (Revenue, USD Billion; 2017-2027)
  • Tandem Mass Spectrometry
  • Pulse Oximetry
  • Enzyme Based Assay
  • DNA Assay
  • Electrophoresis
  • Others
• Product Outlook (Revenue, USD Billion; 2017-2027)
  • Instruments
  • Reagents
  • Assay Kits
  • Others
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Dry Blood Spot Test
  • Critical Congenital Heart Disease (CCHD)
  • Hearing Screen
  • Others

The report offers insights into the demands for the Newborn Screening products in the global market, especially in the key geographical regions where the market has established its presence. These key regions include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.For a comprehensive understanding of the market, the vertical is further segmented into product types offered by the market, application spectrum, and end-user industries, among others. It also offers information on the leading manufacturers and vendors in the key geographical regions of the industry.

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Key questions addressed in the report:

• Which of the leading market regions accounts for the highest global market share?
• What is the current valuation of each region and the estimated remuneration over the forecast timeline?
• What are the sales estimates for every regional segment in the Newborn Screening market over the projected period?
• What is the projected growth rate likely to be demonstrated by each region in the global Newborn Screening market?

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Newborn Screening Market Segmentation & Impact Analysis
    4.1. Newborn Screening Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Rising neonatal population base
                    4.2.2.2. Increase in number of cases of congenital diseases in newborns
          4.2.3. Market restraints analysis
                    4.2.3.1. Lack of improved healthcare infrastructure and trained professionals
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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