Newborn Screening Market Overview:
Newborn Screening Market is expected to grow at a CAGR of 8.3% during the forecast period. Newborn Screening Market is expected to reach US$ 2.08 Bn. by 2029.
A report by Maximize Market Research looked at the worldwide for Newborn Screening Market. This report breaks down important details about this market, including how it's changing, how different regions around the world are doing, and who the major companies are. This information is valuable for people who invest in the Newborn Screening market because it helps them make smart decisions about their investments.
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Newborn Screening Market Report Scope and Research Methodology:
The Market report delivers a comprehensive qualitative and quantitative analysis, covering market size, share by region and segmentations, pricing analysis, demand-supply gap analysis, and detailed competitive landscape, along with PESTLE and PORTER analysis which provides detailed market dynamics. It includes detailed information on mergers and acquisitions, investment, and expansion plans by key competitors, providing a thorough understanding of the market's current state and future projections. The report's segment analysis highlights the potential of different market segments, offering investors valuable insights into the industry's future. It examines factors expected to impact the market both positively and negatively, ensuring a balanced perspective.
For the competitive analysis, the report profiles market leaders, followers, and new entrants in the industry, detailing their strategies, revenue, partnerships, and joint ventures. This offers a clear view of the competitive landscape. Both top-down and bottom-up approaches were employed to estimate the market size. Secondary research is extensively used to gather the information. Industry reports, government databases, corporate filings, academic research, and online databases, are some of the major secondary sources used in the Newborn Screening market study. This secondary data was then validated through primary research, to enhance the credibility and robustness of the findings. The comprehensive nature of this report provides stakeholders with essential insights into market dynamics and future trends.
Newborn Screening Market Regional Insights:
The global Newborn Screening market is extensively analysed regionally, drawing data from authoritative sources specific to each area. It is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Detailed country-level analyses provide insights into market dynamics and potential opportunities within each country. This information equips market players with the knowledge needed to make informed decisions, tailoring their strategies to the unique conditions and prospects of each region and country.
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Newborn Screening Market Segmentation:
by Products
New-born screening instruments
New-born screening Reagents & Assay kits
by Test Type
Hearing screen test
Critical congenital heart disease Test
Dry blood spot test
by Technology
Hearing screen technology
Electrophoresis
Tandem Mass Spectrometry
Pulse Oximetry Technology
DNA based assays
Enzymes & Immunoassay
The global products market is dominated by the instruments segment, with reagents and assay kits following in terms of market share. The newborn disease screening, newborn hearing screening, and pulse oximetry sub-segments are further divided under the new-born screening instruments. Due to the widespread use of newborn screening tools around the world, the rise in chromosomal abnormalities in infants, rising awareness in urbanized countries, and an increasing number of newborn infections, the instruments sector is now leading the market. Because there are more blood tests performed and blood samples kept for later use, the market for reagents and assay kits is anticipated to generate the majority of revenue.
Newborn Screening Market Key Players:
1. AB Sciex
2. Agilent Technologies Inc
3. Bio-Rad Laboratories Inc
4. Covidien PLC
5. GE Healthcare
6. Masimo Corporation
7. Medtronic Inc
8. Natus Medical Incorporated
9. PerkinElmer Inc
10.Trivitron Healthcare
11.Waters Corporation
12.ZenTech S.A
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Table of Content: Newborn Screening Market:
Key questions answered in the Newborn Screening Market are:
Key Offerings:
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