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. New treatments such as enzyme replacement therapy, hematopoietic stem cell transplant, gene therapy, and novel therapeutic drugs have allowed the inclusion of autoimmune disorders as possible candidates in NBS programs.
Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. The researchers behind the market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the Newborn screening market for the forecast period, 2020 to 2027. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.
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.
The researchers find out why sales of Newborn screening are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2020 to 2027. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Newborn screening industry.
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Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Newborn screening market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Newborn screening market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Newborn screening market growth worldwide?
To help gain the business owner further gain business intelligence the study on the Newborn screening market for the forecast period 2020 – 2027 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
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Newborn screening Market Technology Outlook (Revenue, USD Billion; 2017-2027)
Tandem Mass Spectrometry
Pulse Oximetry
Enzyme Based Assay
DNA Assay
Electrophoresis
Others
Newborn screening Market Product Outlook (Revenue, USD Billion; 2017-2027)
Instruments
Reagents
Assay Kits
Others
Newborn screening Market Application Outlook (Revenue, USD Billion; 2017-2027)
Dry Blood Spot Test
Critical Congenital Heart Disease (CCHD)
Hearing Screen
Others
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.
North America dominated the market with a share of 34.7% in 2019 due to its adoption of cost-effective and innovative procedures.
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Dealing with the competition and competitors
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Newborn screening Market analysis provides everything a business owner needs in order to succeed.
Filling in the gaps
It will not be wrong to say that the Newborn screening Market report talks about customer experience that matters to every business owner planning to leverage the strategic insights for their brand growth. The case studies included in the study further demonstrate how recent innovation, mergers or acquisitions, new launches, research and development etc. have enables prominent leaders to curb toughest issues related to production volumes, demand and supply, supply chain management and more.
Helping you establish a strong foothold in the industry
The Newborn screening Market report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.
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Table of Content
Chapter 1. Newborn screening Market Methodology & Sources
1.1. Newborn screening Market Definition
1.2. Newborn screening Market 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
Chapter 5. Newborn Screening Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Newborn Screening Market By Product Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Continued…
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